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news thumbnail 1766058249046 Sondhani Life Wins Prestigious ICSB Silver Award

Sondhani Life Wins Prestigious ICSB Silver Award

Sondhani Life Insurance Company Limited has once again been recognised for its exemplary commitment to corporate governance and financial transparency, securing the Silver Award in the Life Insurance category at the 12th ICSB National Award 2024. This marks the company’s second occasion of receiving this distinguished accolade, underlining its steadfast dedication to professional responsibility, ethical […]
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news thumbnail 1766039131947 17 Banks Achieve Less Than 10% Bad Loans

17 Banks Achieve Less Than 10% Bad Loans

Bangladesh’s banking sector is witnessing stark contrasts in the handling of non-performing loans (NPLs). According to the latest September data from Bangladesh Bank, 17 banks have impressively kept their NPL ratios below 10%, highlighting effective loan management amid sector-wide challenges. The sector had faced a surge in defaulted loans under the previous government, with NPLs […]
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news thumbnail 1766016818849 Sustained Efficiency Efforts Could Propel Bangladesh To Early Energy Goal

Sustained Efficiency Efforts Could Propel Bangladesh To Early Energy Goal

Bangladesh is reaping the rewards of a decade-long push to improve energy efficiency, according to a new research report by the Institute for Energy Economics and Financial Analysis (IEEFA). The study suggests that if current momentum is maintained, the country could achieve its 2030 energy efficiency target ahead of schedule. Titled “Bangladesh Energy Efficiency Goals […]
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Climate Risks Redefine Global Insurance Losses Climate Risks Redefine Global Insurance Losses

Climate Risks Redefine Global Insurance Losses

Climate-driven natural disasters are continuing to reshape the financial outlook of the global insurance industry, with insured losses once again exceeding the US$100 billion threshold. According to the latest assessment released by Swiss Re, this milestone has now been surpassed for the sixth consecutive year, reinforcing concerns that elevated catastrophe losses are no longer exceptional […]
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Global Markets Slide as US Jobs Cool and Oil Prices Fall Global Markets Slide as US Jobs Cool and Oil Prices Fall

Global Markets Slide as US Jobs Cool and Oil Prices Fall

Global financial markets moved cautiously lower on Tuesday as investors weighed fresh signs of a cooling United States labour market against shifting geopolitical expectations surrounding the war in Ukraine. The combination of softer economic signals from the world’s largest economy and renewed optimism over a potential peace settlement weighed on equities, commodities and currencies, prompting […]
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