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Category: Economy

Central Bank Establishes Tk 5,000 Crore CMSME Scheme

Central Bank Establishes Tk 5,000 Crore CMSME Scheme

The central bank of Bangladesh has launched a Tk 5,000 crore refinancing programme designed to support cottage, micro, small, and medium enterprises (CMSMEs). The initiative is engineered to alleviate working capital shortages across the sector, thereby fostering employment generation and accelerating national economic activity. Under the operational guidelines released in a policy circular by Bangladesh […]
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Liberty General Launches Cyber Insurance Shield In India 1 Liberty General Launches Cyber Insurance Shield In India

Liberty General Launches Cyber Insurance Shield In India

Liberty General Insurance has officially launched its new commercial cyber insurance product, named Liberty Cyber Resolution, in India. This highly specialised insurance package is strategically designed to support and protect organisations that are currently facing a complex landscape of rising digital threats, interconnected system vulnerabilities, and sophisticated cyber risks. The corporate solution arrives at a […]
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Asia Pacific Insurers Hampered By Outdated Technology 2 Asia Pacific Insurers Hampered By Outdated Technology

Asia Pacific Insurers Hampered By Outdated Technology

Insurance firms across the Asia-Pacific region are significantly increasing their financial exposure to alternative private markets and artificial intelligence (AI). However, pervasive legacy computer systems and outdated data infrastructures are severely hindering their capacity to manage these increasingly complex investment portfolios. Industry data indicates a widening gap between the strategic ambitions of these financial institutions […]
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Leadership Shake Up at Islamic Bank Leadership Shake-Up at Islamic Bank

Leadership Shake-Up at Islamic Bank

The government has initiated a significant restructuring of the top management of Combined Islamic Bank, marking a new phase in the institution’s administrative and strategic direction. The changes, formalised on Monday through two separate notifications issued by the Financial Institutions Division under the Ministry of Finance, involve the appointment of a new Managing Director and […]
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Global Oil Prices Surge Amid Middle East Tensions

Global Oil Prices Surge Amid Middle East Tensions

Escalating Conflict Triggers Supply Concerns International crude oil prices have risen significantly by more than $3 per barrel following reports of fresh Israeli military strikes and explosions within Iran. The developments have intensified anxieties regarding potential disruptions to the global energy supply chain, driving a sharp upward trajectory in the commodity markets. According to data […]
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Bangladesh Bank Launches Export Diversification Refinancing Scheme 1 Bangladesh Bank Launches Export Diversification Refinancing Scheme

Bangladesh Bank Launches Export Diversification Refinancing Scheme

The Bangladesh Bank has officially launched a Tk 30,000 million refinancing initiative titled the “Export Diversification Refinancing Scheme”. The primary objectives of this comprehensive financial intervention are to expand the operational base of the nation’s export sectors beyond the Ready-Made Garments (RMG) industry and to strengthen the domestic manufacturing capabilities of alternative fields. The Sustainable […]
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