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Category: Economy

Banks Rush to Recover Defaulted Loans with Nearly 15000 Cases in Three Months Nearly 15,000 Cases in Three Months as Banks Intensify Defaulted Loan Recovery

Nearly 15,000 Cases in Three Months as Banks Intensify Defaulted Loan Recovery

The long-standing practice of masking defaulted loans through policy support has effectively ended following the change of government, exposing the true scale of financial stress within Bangladesh’s banking sector. With this protective layer removed, the volume of classified loans has surged into full view, pushing the total value of defaulted loans close to Tk 650,000 […]
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news thumbnail 1765165811104 Banking Crisis Leaves Depositors Unable to Access Savings

Banking Crisis Leaves Depositors Unable to Access Savings

Despite a year passing since the political shift, the banking sector has yet to regain normalcy, leaving many depositors unable to withdraw money when required. Bangladesh Bank insists that transactions will stabilise soon, though economists warn that solving the crisis with government funding without punishing loan defaulters will not yield sustainable results. Depositor Monir Hossain […]
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Islami Bank Opens Stall at 12th National SME Fair

Islami Bank Opens Stall at 12th National SME Fair Offering Services for Entrepreneurs

Islami Bank Bangladesh PLC has prominently showcased its commitment to supporting small and medium enterprises (SMEs) by opening an interactive stall at the 12th National SME Fair. The seven-day event, organised by the SME Foundation at the Bangladesh-China Friendship Conference Center, serves as a vital platform for entrepreneurs, investors, and business professionals to explore the […]
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Modhumoti Bank Gifts Electric Cart to Dhaka Central Jail

Modhumoti Bank Gifts Electric Cart to Dhaka Central Jail

The White House has once again attracted criticism for employing a clip of singer and actress Sabrina Carpenter to promote U.S. Immigration and Customs Enforcement (ICE), despite the performer’s explicit objections. The controversy reignites long-standing debates over consent, artistic control, and the politicisation of creative work. Earlier this week, Carpenter publicly denounced what she described […]
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Urgent Appeal for Boosting Adaptation Investment

Urgent Appeal for Boosting Adaptation Investment as Australia Faces Growing Climate Risks

Australia is confronting an escalating threat from natural disasters, driven largely by climate change, yet current investments in adaptation measures remain inadequate, warns a recent report from the Actuaries Institute. The analysis cautions that if this investment gap persists, climate-related economic losses could more than double over the coming decades, posing a significant risk to […]
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Accountability Needed to Clarify Health Insurance Claims

Human-Centred Measures and Accountability Needed to Reduce Health Insurance Confusion

Health insurance remains an indispensable component of contemporary healthcare systems, yet navigating the claims process has become an increasingly perplexing task for many patients. A growing number of individuals remain uncertain about how to submit claims after treatment, which medical expenses are covered, which are excluded, and the proportion of costs they must personally bear. […]
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