Category: Economy

Concerns Raised Over Bangladeshs New Central Bank Governor 1 Concerns Raised Over Bangladesh’s New Central Bank Governor

Concerns Raised Over Bangladesh’s New Central Bank Governor

Transparency International Bangladesh (TIB) has voiced deep concern regarding the recent appointment of the new Governor of Bangladesh Bank, questioning whether the appointee can operate independently, free from corporate interests and potential conflicts of interest. In a statement issued on Thursday, 26 February, TIB highlighted potential risks associated with the Governor’s professional background. Dr Iftekharuzzaman, […]
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The new central bank governor assumed office early this morning The new central bank governor assumed office early this morning.

The new central bank governor assumed office early this morning.

Mohammad Mostaqueur Rahman assumed office as the new Governor of Bangladesh Bank at 10:40 am today. Upon his arrival, he was formally received by the bank’s three Deputy Governors and senior officials in a brief welcoming ceremony. Having been appointed yesterday, Wednesday, following the cancellation of Ahsan H. Mansur’s appointment, Rahman officially joined his duties […]
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Asia Emerges as Global Insurance Growth Hub

Asia Emerges as Global Insurance Growth Hub

The Asia-Pacific region is increasingly establishing itself as the focal point of global insurance growth. Recent international reports indicate that in the coming years, a substantial portion of worldwide insurance expansion will originate from this dynamic region. This shift suggests that the traditional insurance strongholds of North America and Europe are gradually ceding their position […]
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Pragati Insurance Concludes 340th Board Meeting

Pragati Insurance Concludes 340th Board Meeting

Pragati Insurance Private Limited held its 340th Board of Directors meeting on 24 February 2026 at the company’s head office. The meeting was chaired by Syed M. Altaf Hussain, Chairman of the company, who presided over the proceedings and presented the agenda for discussion. All board members were present, including both executive and non-executive directors. […]
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Prime Bank and Akter Properties Forge Strategic Partnership

Prime Bank and Akter Properties Forge Strategic Partnership

Prime Bank PLC and Akter Properties Limited have launched a significant joint initiative aimed at enhancing customer benefits within the nation’s housing and banking sectors. The collaboration introduces attractive incentives for prospective homebuyers, combining bank-backed financial facilities with exclusive property discounts. The formal agreement was signed at a ceremony held at Prime Aspire in Dhaka, […]
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Central Bank Governor Departs Amid Turmoil

Central Bank Governor Departs Amid Turmoil

The Governor of the nation’s central bank has stepped down following an extraordinary episode of internal unrest, marking one of the most turbulent chapters in the institution’s recent history. A day of mounting tension at the bank’s headquarters culminated in the cancellation of his contractual appointment, triggering fresh debate within financial and policy-making circles. The […]
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First Businessman Appointed as Governor Amidst Central Bank Chaos First Businessman Appointed as Governor Amidst Central Bank Chaos

First Businessman Appointed as Governor Amidst Central Bank Chaos

The tenure of Ahsan H. Mansur as the Governor of Bangladesh Bank reached a turbulent conclusion today, marked by unprecedented scenes of internal unrest, administrative upheaval, and the historic appointment of a businessman to the nation’s top monetary post. In a day defined by high-stakes drama, the government cancelled the appointment of the incumbent and […]
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Astha Life and BILS Ink Group Insurance Deal 1 Astha Life and BILS Ink Group Insurance Deal

Astha Life and BILS Ink Group Insurance Deal

Astha Life Insurance Company Limited has formally entered into a strategic group insurance partnership with the Bangladesh Institute of Labour Studies (BILS). The agreement was ratified during a formal signing ceremony held on Wednesday at the corporate headquarters of Astha Life, marking a significant step forward in providing robust financial security to the labour research […]
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Adviser Ahsan Ullah forced out under officials ‘mob pressure Adviser Ahsan Ullah forced out under officials’ ‘mob’ pressure

Adviser Ahsan Ullah forced out under officials’ ‘mob’ pressure

A sudden escalation of tension unfolded at Bangladesh Bank on Wednesday, as senior officials and staff clashed amid uncertainty over leadership changes. The unrest followed reports that a process to appoint a new governor was underway, prompting incumbent governor Dr Ahsan H Mansur to leave the premises shortly after delivering a brief press statement. According […]
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Caribbean Faces Rising Climate Linked Insurance Risks Caribbean Faces Rising Climate-Linked Insurance Risks

Caribbean Faces Rising Climate-Linked Insurance Risks

Barbados and other Caribbean nations are confronting escalating financial and insurance risks driven by climate change—threats that, if left unaddressed, could undermine regional stability. This warning was issued by Marlon Yarde, President of the Barbados International Business Association (BIBA). Speaking at the launch of the 2026 Barbados Risk and Insurance Management Conference (BRIM) on Tuesday […]
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