Category: Economy

IDRA Honours Excellence in Insurance Sector IDRA Honours Excellence in Insurance Sector

IDRA Honours Excellence in Insurance Sector

Bangladesh’s insurance regulator has formally recognised outstanding ethical standards, transparency and good governance in the industry through the IDRA Insurance Excellence Award 2025, presented at a high-profile ceremony in Dhaka on Thursday, 29 January. The initiative, organised by the Insurance Development and Regulatory Authority (IDRA), aims to strengthen public confidence in insurance services and encourage […]
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Tariff Deal with US Before Polls Tariff Deal with US Before Polls

Tariff Deal with US Before Polls

Just three days before Bangladesh’s forthcoming parliamentary election, the interim government is set to sign a significant tariff agreement with the United States, marking a notable development in the country’s external trade relations. The agreement is scheduled to be signed on 9 February in Washington, DC, with Bangladesh’s delegation led by Commerce Adviser Sheikh Bashir […]
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Fiji Strengthens Financial Sector with New Licences Fiji Strengthens Financial Sector with New Licences

Fiji Strengthens Financial Sector with New Licences

The Reserve Bank of Fiji (RBF) has recently taken a significant step to bolster the nation’s financial sector by granting licences to two new entities, aiming to stimulate investment and broaden market participation. The RBF Board announced that AMA Insurance Company Limited has been approved as a general insurance provider. The company has fulfilled all […]
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Banks to Close for Two Election Days Banks to Close for Two Election Days

Banks to Close for Two Election Days

All scheduled commercial banks across Bangladesh will remain closed on 11 and 12 February, Wednesday and Thursday respectively, in observance of the 13th National Parliamentary Election and concurrent referendums. This announcement was confirmed on Sunday by the Supervisory Data Management and Analytics Department (SDAD) of Bangladesh Bank. According to the notification, the Ministry of Public […]
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Bangladesh Faces Debt Crisis Urgent Bond Market Reform Needed Bangladesh Faces Debt Crisis, Urgent Bond Market Reform Needed

Bangladesh Faces Debt Crisis, Urgent Bond Market Reform Needed

Bangladesh’s economy and banking sector are currently grappling with a complex crisis, driven predominantly by the surge in non-performing loans (NPLs). As of September 2025, approximately 35 per cent of the country’s total outstanding loans were classified as non-performing, exerting significant pressure on the financial system. Regulatory weaknesses, procedural inefficiencies, and instances of corruption in […]
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Bangladesh Bank Plans Stricter Mobile Transaction Limits Bangladesh Bank Plans Stricter Mobile Transaction Limits

Bangladesh Bank Plans Stricter Mobile Transaction Limits

In anticipation of the upcoming national parliamentary elections, Bangladesh Bank is preparing to impose stricter regulations on mobile financial services (MFS) transactions. The primary objective of these measures is to prevent illicit financial activities and ensure transparency in monetary flows before and after the election period. Arif Hossain Khan, Executive Director and spokesperson for Bangladesh […]
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PSU Bank Shares Plunge After India Budget PSU Bank Shares Plunge After India Budget

PSU Bank Shares Plunge After India Budget

Following the presentation of India’s Union Budget 2026 by Finance Minister Nirmala Sitharaman on 1 February 2026, shares of public sector banks (PSU Banks) witnessed a sharp decline, reflecting investor caution over the government’s ambitious borrowing plans. The Nifty PSU Bank index dropped nearly 7 per cent intraday, reaching a low of 8,387.95 points, compared […]
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Asia-Pacific Insurance Faces Challenges, Sees Opportunities

Asia-Pacific Insurance Faces Challenges, Sees Opportunities

The Asia-Pacific insurance sector is entering 2026 amid a complex landscape, as geopolitical shifts, natural disasters, artificial intelligence (AI), and financial market pressures collectively test the resilience of insurers. According to S&P Global Market Intelligence’s APAC 2026 Insurance Outlook, overall premium growth is expected to moderate, but niche segments such as cyber insurance and longevity […]
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Islami Bank Reaffirms Service Excellence Drive

Islami Bank Reaffirms Service Excellence Drive

Islami Bank Bangladesh PLC has renewed its commitment to strengthening public confidence and elevating customer satisfaction by intensifying a comprehensive service-excellence agenda across its operations. The renewed pledge was articulated at a staff conference held in Dhaka, bringing together officials and employees from three operational zones and five corporate branches, underscoring the institution’s emphasis on […]
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