Category: Bangladesh

Manulife Unveils Innovative Savings Plans in Hong Kong

Manulife Unveils Innovative Savings Plans in Hong Kong

In response to the growing diversity and demand in Hong Kong’s savings and wealth management market, Manulife Hong Kong has launched two new life insurance-based savings plans. The newly introduced products—the Genesis Centurion Insurance Plan and the Prestige Achiever Insurance Plan—are designed to provide customers with long-term wealth accumulation, flexible cash withdrawal options, and financial […]
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71 houses allocated only ministers will reside in the ministerial enclave “71 houses allocated; only ministers will reside in the ministerial enclave.”

“71 houses allocated; only ministers will reside in the ministerial enclave.”

In a decisive move, the interim government has initiated plans to reserve 71 bungalows and apartments in Dhaka exclusively for ministers, reinstating the traditional purpose of the capital’s so-called Ministers’ Enclave. Historically located along Bailey Road, Minto Road, Hair Road, and Gulshan, these residences were constructed for ministerial use. Over time, however, the enclave has […]
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India’s Restrictions Cause Decline in Bangladeshi Exports

India’s Restrictions Cause Decline in Bangladeshi Exports

Bangladesh’s exports to India have experienced a marked decline in recent months, largely due to a series of trade restrictions imposed by the Indian government. Data from the first five months of the current fiscal year (July–November) reveal that exports to India dropped by approximately 6.68 per cent, falling to USD 76 million compared with […]
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The Intricacies of Relations with India The Intricacies of Relations with India

The Intricacies of Relations with India

Relations between Bangladesh and its principal neighbour, India, have long been a focal point of diplomatic attention in Dhaka. Historically, periods of tension have occurred under various governments, but the last fifteen years saw a remarkable closeness, with bilateral ties reaching unprecedented levels of engagement. However, following the 5 August 2024 political upheaval in Bangladesh, […]
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MTB Bank Invites Applications for Key Risk Role

MTB Bank Invites Applications for Key Risk Role

Mutual Trust Bank (MTB) Limited, one of Bangladesh’s leading private commercial banks, has officially announced a recruitment drive for the position of Head of Credit Risk Management (CRM). The role is designed for an experienced and highly skilled professional who will oversee the bank’s credit and financial risk management functions, ensuring robust risk mitigation and […]
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Strategic Air Cooperation Expands Between Bangladesh, Pakistan

Strategic Air Cooperation Expands Between Bangladesh, Pakistan

Bangladesh has initiated discussions with Pakistan regarding the potential acquisition of advanced fighter aircraft, marking a significant step in the country’s ongoing military modernisation efforts. The talks, conducted during a recent meeting between the air chiefs of both nations in Pakistan, focused on operational capabilities, training collaboration, and long-term defence cooperation, according to Pakistan’s Inter-Services […]
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Bangladesh Bank Expands Home Loan Limits Strategically

Bangladesh Bank Expands Home Loan Limits Strategically

In response to escalating urbanisation, persistent rises in construction material costs, and growing housing demand among the middle and upper-middle classes, Bangladesh Bank has introduced a revised home loan policy. The updated framework significantly increases borrowing limits for eligible customers while maintaining prudent risk management. Policy makers and banking sector experts anticipate that this initiative […]
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Central Bank Orders Gender Sensitive Washrooms in All Banks Central Bank Orders Gender-Sensitive Washrooms in All Banks

Central Bank Orders Gender-Sensitive Washrooms in All Banks

In a definitive move to promote workplace equality and public health, Bangladesh Bank has issued a mandatory directive requiring all scheduled banks to establish gender-sensitive and hygienic washroom facilities. The central bank’s circular, disseminated on Tuesday, 6 January 2026, targets the chronic lack of adequate sanitary infrastructure that has long inconvenienced female staff and customers […]
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Central Bank Acquires 223 Million to Stabilise Reserves Central Bank Acquires $223 Million to Stabilise Reserves

Central Bank Acquires $223 Million to Stabilise Reserves

In a decisive move to bolster national liquidity, Bangladesh Bank has purchased an additional $223.50 million from 14 commercial banks. The transaction, conducted on Tuesday, 6 January 2026, reflects the central bank’s intensified efforts to manage foreign exchange volatility and replenish the nation’s “war chest” of reserves as the new calendar year commences. Transaction Details […]
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