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Category: Economy

Bangladesh Bank Mandates Bangla QR For Digital Payments 1 Bangladesh Bank Mandates Bangla QR For Digital Payments

Bangladesh Bank Mandates Bangla QR For Digital Payments

GLive24.com DeskMay 23, 2026
Bangladesh Bank has issued a new directive mandating all scheduled banks, Mobile Financial Services (MFS), Payment Service Providers (PSP), and Payment Service Operators (PSO) to prominently display the ‘Bangla QR’ payment option on the homepages of their respective mobile applications. The central bank issued the official circular on Saturday with the primary objective of reducing […]
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Material Non-Disclosure Devalues the Integrity of Insurance Contracts

Material Non-Disclosure Devalues the Integrity of Insurance Contracts

GLive24.com DeskMay 23, 2026
Insurance functions as a cornerstone of modern financial planning, offering individuals, families, and commercial enterprises a structured buffer against unforeseen liabilities. The viability of this risk-transfer mechanism depends on the mutual trust established between the applicant and the insurer. When an applicant suppresses or alters material facts during the initial underwriting phase, this essential trust […]
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Gig Economy Welfare Foodpanda Bangladesh Launches Low-Cost Insurance

Gig Economy Welfare: Foodpanda Bangladesh Launches Low-Cost Insurance

GLive24.com DeskMay 23, 2026
The expansion of digital fast-commerce networks has integrated online food and grocery delivery services into the daily routines of urban consumers across Bangladesh. Over the past decade, Foodpanda Bangladesh has been a primary catalyst of this structural shift, positioning itself as a major corporate employer within the nation’s emerging gig economy. Labour market analysts observe […]
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Policy Contradictions The Central Bank’s Multi-Front Battle

Policy Contradictions: The Central Bank’s Multi-Front Battle

GLive24.com DeskMay 23, 2026
The Bangladesh Bank (BB) is currently engaged in a highly complex, multi-front economic management campaign. The monetary authority is attempting to simultaneously execute several critical mandates: subduing stubborn domestic inflation, rebuilding depleted foreign exchange reserves, maintaining exchange rate stability, offering financial cushions to distressed businesses, and reversing a historic contraction in private-sector credit growth. However, […]
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Shariah Banking Sector Displays Structural Stability in March

Shariah Banking Sector Displays Structural Stability in March

GLive24.com DeskMay 23, 2026
The Shariah-compliant banking sector in Bangladesh maintained a steady operational trajectory across key metrics, including deposit mobilization, asset accumulation, and secondary financial indicators during March 2026. According to the latest statistical disclosure from Bangladesh Bank (BB), the sector is displaying consistent signs of stabilization, recovering gradually from recent market-wide challenges. Depositor Behaviour and Systemic Rebalancing […]
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Garment Sector Banks Open During Eid Holidays 2 Garment Sector Banks Open During Eid Holidays

Garment Sector Banks Open During Eid Holidays

GLive24.com DeskMay 23, 2026
The central bank of Bangladesh, Bangladesh Bank, has issued an official directive to all commercial banking institutions operating within the country, mandating the partial operation of branches associated with the ready-made garment (RMG) industry on Monday 25th May and Tuesday 26th May. This regulatory intervention has been implemented specifically to facilitate the timely disbursement of […]
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Hong Kong Healthcare Reforms Focus On Cost Transparency 1 Hong Kong Healthcare Reforms Focus On Cost Transparency

Hong Kong Healthcare Reforms Focus On Cost Transparency

GLive24.com DeskMay 22, 2026
The healthcare sector in Hong Kong is undergoing a strategic realignment, pivoting towards enhanced pricing transparency, expanded clinical trial capacities, and robust biotechnology infrastructure. This systemic shift comes as insurance providers, private hospitals, and life science firms collectively navigate escalating medical cost uncertainties alongside structural deficits in regional drug development capabilities. Stakeholders are increasingly seeking […]
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New HSBC Life Scheme Targets Wealthy Singaporean Clients 2 New HSBC Life Scheme Targets Wealthy Singaporean Clients

New HSBC Life Scheme Targets Wealthy Singaporean Clients

GLive24.com DeskMay 22, 2026
HSBC Life Singapore has officially unveiled an integrated wealth, medical, and lifestyle ecosystem named “HSBC Life Prestige Circle”. This multi-layered product has been developed specifically to address the intricate requirements of high-net-worth (HNW) and ultra-high-net-worth (UHNW) citizens and residents based in Singapore. By fusing long-term insurance underwriting with bespoke advisory frameworks, clinical longevity management, and […]
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Bangladesh Islamic Bank Deposits Rise Twenty Five Billion Taka 2 Bangladesh Islamic Bank Deposits Rise Twenty-Five Billion Taka

Bangladesh Islamic Bank Deposits Rise Twenty-Five Billion Taka

GLive24.com DeskMay 22, 2026
Depositor confidence in Sharia-compliant banking institutions is showing clear signs of resurgence following the initiation of comprehensive regulatory reforms across the financial sector. According to the latest statistical report released by Bangladesh Bank, the central monetary authority, full-fledged Islamic banks operating within the country have witnessed an aggregate deposit growth of approximately 25,344 crore taka […]
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Eastern Bank Joins bKash Digital Savings Platform Eastern Bank Joins bKash Digital Savings Platform

Eastern Bank Joins bKash Digital Savings Platform

GLive24.com DeskMay 22, 2026
bKash, Bangladesh’s leading mobile financial services (MFS) provider, has officially integrated Eastern Bank PLC (EBL) into its digital savings platform. This partnership allows customers to open monthly Deposit Pension Schemes (DPS) directly through the bKash application without visiting a physical bank branch. With this addition, the bKash app now hosts savings services from a total […]
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