In a remarkable demonstration of corporate social responsibility, Al-Arafah Islami Bank, one of Bangladesh’s leading Shariah-compliant financial institutions, has generously donated eight lakh Taka to Dhaka National Medical College. This significant contribution is aimed at enhancing the college’s medical facilities and ensuring the provision of high-quality healthcare services to patients. According to an official statement, […]

The Midland Bank family has extended a substantial financial contribution of BDT 10 lakh to the Bengal Institute for Architecture, Landscapes, and Settlements. The funding is intended to support the comprehensive publication documenting the life and work of the eminent architect Muzharul Islam. Of the total grant, BDT 5 lakh has been provided through the […]

Under the Insurance Act of Bangladesh, 2010, policyholders are legally entitled to receive interest on insurance claims that are not settled within the prescribed timeframe. Section 72 of the Act explicitly mandates that insurance companies must pay interest on claims that are delayed beyond a certain period. This provision aims to protect the rights of […]

As Bangladesh edges towards the close of the calendar year, yields on government treasury bills are once again trending upwards, reflecting mounting pressures within the financial system. Analysts attribute this development to a combination of year-end liquidity constraints, a cautious stance adopted by commercial banks, and broader macroeconomic uncertainty. The upward movement is particularly pronounced […]

South Carolina’s long-dormant nuclear power facilities may be on the verge of a remarkable resurgence. A private firm has recently submitted a $2.7 billion proposal to state-linked utility Santee Cooper, offering the possibility of utilising electricity generated from these previously inactive plants. While discussions are still in the preliminary stages, negotiations between Santee Cooper and […]