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Category: Economy

The Governor revealed the reason behind the 3 lakh crore bank leak The Governor revealed the reason behind the 3 lakh crore bank leak

The Governor revealed the reason behind the 3 lakh crore bank leak

The Governor of Bangladesh has identified governance failure as the foremost challenge facing the country’s banking sector. Speaking at a recent economic forum, he remarked that numerous loans were issued under the influence of government directives or powerful individuals and families, a practice compounded by the negligence of regulatory bodies, including Bangladesh Bank. “The primary […]
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The commission has determined salaries based on the new pay scale The commission has determined salaries based on the new pay scale

The commission has determined salaries based on the new pay scale

The National Pay Commission has formally recommended a sweeping revision of the pay structure for government employees, signalling potentially significant improvements in income and benefits across all levels of the civil service. According to the Commission’s proposal, the minimum basic salary would be set at BDT 20,000, while the maximum could reach BDT 160,000. The […]
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Bangladesh Bank Launches Tk 40,000 Crore Bank Fund

Bangladesh Bank Launches Tk 40,000 Crore Bank Fund

Bangladesh Bank is set to establish a Bank Restructuring and Resolution Fund (BRRF) aimed at strengthening financial stability and facilitating the restructuring of failing banks. The fund seeks to raise up to Tk 40,000 crore, reducing reliance on government taxpayer support and enabling banks to recover independently. The concept of this fund is inspired by […]
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Severe Storms Now Top Global Insurance Losses

Severe Storms Now Top Global Insurance Losses

Severe convective storms (SCS), including intense thunderstorms and related weather events, have overtaken cyclones as the leading cause of insured losses globally in 2025, according to Aon’s 2026 Climate and Catastrophe Insight report. The report highlights that medium-intensity, high-frequency natural disasters are increasingly accounting for a substantial portion of insurance claims, posing structural challenges for […]
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Low-Interest Loans for Primary Teachers

Low-Interest Loans for Primary Teachers

Government primary school teachers in Bangladesh operate within tight financial constraints while shouldering significant family responsibilities, social obligations, and long-term security concerns. Most are posted within their own localities, which deepens their engagement with family life, community participation, and the local economy. Alongside their teaching duties, many teachers seek supplementary income through small-scale, productive activities […]
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Central Bank Grants Major Concessions to Shipbuilders Central Bank Grants Major Concessions to Shipbuilders

Central Bank Grants Major Concessions to Shipbuilders

In a significant intervention aimed at safeguarding the maritime industry, Bangladesh Bank has introduced a landmark debt-restructuring policy for both export-oriented and local shipbuilders. Effective immediately, the new regulations allow struggling maritime entrepreneurs to regularise defaulted loans with a nominal upfront payment, providing a much-needed lifeline to a sector crippled by global economic headwinds. A […]
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BRAC Bank Brings Efficiency And Transparency To Nippon Paints Financial Operations BRAC Bank Brings Efficiency And Transparency To Nippon Paint’s Financial Operations

BRAC Bank Brings Efficiency And Transparency To Nippon Paint’s Financial Operations

BRAC Bank has entered into a strategic agreement with Nippon Paint Bangladesh to provide advanced transaction banking solutions, aiming to modernise and streamline the company’s financial operations. The collaboration seeks to enhance Nippon Paint’s receivables management, improve operational efficiency, and ensure greater transparency across its dealer and distributor networks. Under the terms of the agreement, […]
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ইসলামী বীমা শাখা ব্যবস্থাপনায় নতুন দিকনির্দেশনা Islami Insurance Strengthens Branch Management Strategy

Islami Insurance Strengthens Branch Management Strategy

Ghazipur’s Nird Resort and Restaurant recently hosted the 2026 Branch Managers’ Conference of Islami Commercial Insurance PLC, marking a significant milestone in the company’s operational and strategic calendar. The event, chaired by Chief Executive Officer Kazi Mokarram Dastgir, brought together branch managers from across the country along with senior executives of the company, fostering an […]
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