Category: Bangladesh

Mobile Phone Insurance Market Nears $70bn

Mobile Phone Insurance Market Nears $70bn

The global mobile phone insurance market is on a strong growth trajectory and is forecast to surpass a valuation of 70 billion US dollars by 2029, reflecting fundamental shifts in consumer behaviour and technology adoption. Although still modest in size compared with the broader insurance and financial services industries, the segment is increasingly recognised as […]
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BRAC Bank Maintains Four-Year GSEC Dominance

BRAC Bank Maintains Four-Year GSEC Dominance

BRAC Bank has once again affirmed its leading position in the secondary market trading of Government Securities (GSEC), marking a consecutive fourth year of dominance. According to the latest annual report from Bangladesh Bank, BRAC Bank’s market share in the 2024–25 fiscal year rose to 17.03 per cent, a significant increase from 13.39 per cent […]
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Thirteen-Point Demand for Safer Roads

Thirteen-Point Demand for Safer Roads

Ahead of Bangladesh’s 13th National Parliamentary Elections, the Road Safety Foundation has issued a comprehensive thirteen-point appeal to all political parties, urging them to prioritise the establishment of a safe, accessible, and citizen-friendly public transport system. The foundation released the detailed demands on Tuesday, 27 January, in a public statement, calling on political stakeholders to […]
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The downward trend in industrialisation has left 1.4 million people unemployed A K Azad The downward trend in industrialisation has left 1.4 million people unemployed: A K Azad

The downward trend in industrialisation has left 1.4 million people unemployed: A K Azad

AK Azad, Chairman and Managing Director of Ha-Meem Group, has voiced deep concern over the current state of Bangladesh’s economy and banking sector. Speaking at the inaugural session of the Bangladesh Economic Conference 2025 on Saturday, 29 November, he warned that the ongoing slowdown in the industrial sector has already left approximately 1.4 million people […]
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Laxmipur Schoolgirl Killed by Dumper Truck

Laxmipur Schoolgirl Killed by Dumper Truck

A tragic road accident in Laxmipur has claimed the life of a 10-year-old schoolgirl, raising urgent concerns over road safety in the district. The incident also left an auto-rickshaw driver seriously injured, highlighting the dangers posed by high-speed vehicles on busy regional roads. The accident occurred on Tuesday, 27 January 2026, at approximately 9:15 a.m., near […]
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HLIA Targets Strategic Growth in Hong Kong Insurance

HLIA Targets Strategic Growth in Hong Kong Insurance

Hong Long Insurance (Asia) Limited (HLIA) is actively pursuing an expansion of its footprint in Hong Kong’s general insurance market. According to a recent report by credit rating agency A.M. Best, HLIA is focused on growing its commercial insurance portfolio while leveraging its existing customer base to introduce new products through cross-selling in the personal […]
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Drugs and Weapons Seized Six Arrested Following Military Operation Drugs and Weapons Seized, Six Arrested Following Military Operation

Drugs and Weapons Seized, Six Arrested Following Military Operation

Dhaka, 27 January 2026 — In a major security operation early Monday morning, the Bangladesh Army recovered a significant cache of illegal drugs, firearms, ammunition, and cash in the Sayedabad area, adjacent to the city’s bus terminal and railway line. Six individuals, including members of the family of notorious drug dealer and militant Auto Sojal, […]
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Anti-Quota Movement for Merit, Yet 48th BCS Merits Violated

Anti-Quota Movement for Merit, Yet 48th BCS Merits Violated?

The pursuit of excellence has long been celebrated in Bangladesh’s civil service examinations. Yet, in the 48th Bangladesh Civil Service (BCS) Special Recruitment (2025), the nation’s brightest candidates are facing unexpected hurdles, raising urgent questions about fairness and procedural transparency. Narayan Mallik of Nagar Kanda, Faridpur, epitomised resilience in the face of hardship. During the […]
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Community Bank Joins National Pension Drive

Community Bank Joins National Pension Drive

Community Bank Bangladesh PLC has formally partnered with the National Pension Authority (NPA) to expand and simplify access to Bangladesh’s Universal Pension Scheme, a flagship social security initiative aimed at providing long-term financial protection for a broad cross-section of citizens. Stakeholders believe the collaboration will make the collection of monthly pension contributions more efficient, transparent […]
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Livestock and Fisheries Secure 20 Electricity Bill Rebate Livestock and Fisheries Secure 20% Electricity Bill Rebate

Livestock and Fisheries Secure 20% Electricity Bill Rebate

In a major fiscal intervention designed to stimulate the agrarian economy, the Government of Bangladesh has announced a 20% electricity bill rebate for the livestock, poultry, and fisheries sectors. This policy, aimed at reducing the escalating costs of production, marks a significant expansion of the state’s agricultural subsidy programme. A Strategic Financial Injection The Ministry […]
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