Category: Economy

Nepal Allocates NPR 750 Million to Health Insurance 1 Nepal Allocates NPR 750 Million to Health Insurance

Nepal Allocates NPR 750 Million to Health Insurance

Kathmandu: In a decisive move to sustain its national health insurance programme, the Ministry of Health of Nepal has allocated NPR 750 million (approximately USD 5.25 million) to ensure uninterrupted operations across the country. The funds will be disbursed directly through the Nepal Health Insurance Board, the agency responsible for administering the programme. Launched in […]
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IDRA Fee Hike Sparks Insurance Sector Controversy IDRA Fee Hike Sparks Insurance Sector Controversy

IDRA Fee Hike Sparks Insurance Sector Controversy

ন Dhaka: The recent directive issued by the Insurance Development and Regulatory Authority (IDRA) concerning the renewal fees for insurance company registrations in 2026 has ignited significant debate within the sector. According to IDRA, under the revised Insurance Business Registration Fee Rules–2012, companies are now required to pay substantially higher fees. However, industry stakeholders have […]
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Bangladesh Faces ₨45000 Crore Electricity Crisis Bangladesh Faces ₨45,000 Crore Electricity Crisis

Bangladesh Faces ₨45,000 Crore Electricity Crisis

Bangladesh’s newly formed government is confronting a severe challenge in the power sector, inheriting massive debts owed to both domestic and foreign energy companies. With the onset of Ramadan, followed by the peak irrigation and summer season, ensuring uninterrupted electricity supply has become a pressing concern, with experts warning that solutions may be difficult to […]
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Bangladesh Bank Eases Policy Support for Distressed Borrowers Bangladesh Bank Eases Policy Support for Distressed Borrowers

Bangladesh Bank Eases Policy Support for Distressed Borrowers

Dhaka: Bangladesh Bank has made policy support for financially distressed borrowing institutions simpler and more effective, aiming to facilitate economic recovery. The central bank announced new guidelines on Sunday, 22 February, through an official notification. The updated directive allows borrowers greater flexibility when opting for loan rescheduling or exit facilities. Specifically, financial institutions can now […]
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Foreign Exchange Rates Critical Data for Bangladesh Foreign Exchange Rates: Critical Data for Bangladesh

Foreign Exchange Rates: Critical Data for Bangladesh

As Bangladesh’s trade and commerce continue to expand beyond traditional boundaries, keeping regular track of the Bangladeshi Taka’s exchange rates against major foreign currencies has become increasingly essential. These rates are vital for international transactions, import-export agreements, and travel-related expenses, serving as an indispensable reference for businesses, banks, and the general public alike. According to […]
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LPG Imports Rise, Prices Unsettled

LPG Imports Rise, Prices Unsettled

Despite a marked increase in liquefied petroleum gas (LPG) imports this month, the anticipated relief in the retail market has yet to materialise. Consumers in the capital and several regional centres continue to pay well above the government’s fixed price for LPG cylinders, underscoring persistent distortions in distribution and pricing. Industry stakeholders attribute the lingering […]
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Hong Kong Considers Changes to Insurance Capital Rules

Hong Kong Considers Changes to Insurance Capital Rules

Proposed adjustments to Hong Kong’s insurance capital framework could ease capital pressures for certain insurers while encouraging long-term infrastructure investment. However, credit rating agency Fitch anticipates that the overall impact on creditworthiness will remain limited. The Hong Kong Insurance Authority has proposed amendments to the risk-based capital (RBC) regime, introducing preferential treatment for specific infrastructure […]
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Sun Life Reports Record Growth in Asia

Sun Life Reports Record Growth in Asia

Sun Life Financial Incorporated has announced robust results for the 2025 fiscal year, driven primarily by a significant surge in its Asian operations. The company reported a net income of USD 3.5 billion, representing a 13.9% year-on-year increase, while earnings per share rose 16.9% to USD 6.15. The results reflect effective global business management, disciplined […]
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Two-Stage Advance Facility Simplifies Loan Restructuring

Two-Stage Advance Facility Simplifies Loan Restructuring

Bangladesh Bank has recently issued new guidelines aimed at facilitating the recovery and financial stabilisation of institutions affected by non-performing loans. Under the previous framework, borrowers applying for loan restructuring were required to pay the full advance amount in a single instalment. The revised policy eases this requirement, allowing the advance to be disbursed in […]
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Bangladesh Bank Extends Loan Rescheduling for Jute Exporters

Bangladesh Bank Extends Loan Rescheduling for Jute Exporters

In a timely move to alleviate financial pressure on jute exporters, Bangladesh Bank has extended the deadline for applying for loan rescheduling. The decision comes as the country’s raw jute export sector, one of the nation’s key foreign currency earners, faces multiple challenges, including shipping delays, fluctuating raw material prices, and declining international market values. […]
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