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Category: Economy

Prime Bank and Pandamart Conclude Mother’s Day Promotion

Prime Bank and Pandamart Conclude Mother’s Day Promotion

GLive24.com DeskMay 17, 2026
Prime Bank PLC and Pandamart, a prominent online grocery delivery platform in Bangladesh, have successfully executed a collaborative promotional campaign to mark international Mother’s Day. The joint initiative was designed to stimulate e-commerce transactions while offering consumers an exclusive opportunity to celebrate their mothers. A special ceremony was convened recently to mark the conclusion of […]
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Twenty Six Garment Factories Distressed By Alleged Bank Fraud 2 Twenty-Six Garment Factories Distressed By Alleged Bank Fraud

Twenty-Six Garment Factories Distressed By Alleged Bank Fraud

GLive24.com DeskMay 16, 2026
A group of export-oriented readymade garment manufacturers have publicly alleged that extensive financial irregularities at the Narayanganj branch of Premier Bank PLC have pushed 26 factories into a severe operational crisis. The affected business owners claim that bank officials engaged in back-to-back Letter of Credit (LC) fraud, illicit foreign currency transactions, and the unauthorized creation […]
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Central Bank Buys 40m Dollars Central Bank Buys $40m Dollars

Central Bank Buys $40m Dollars

GLive24.com DeskMay 16, 2026
The central bank of Bangladesh has purchased an additional US$40 million through an auction in an effort to maintain stability in the country’s foreign exchange market, according to official confirmation. The information was disclosed on Thursday by Arif Hossain Khan, Executive Director and spokesperson of the central bank. The latest intervention reflects ongoing policy measures […]
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Foreign Currency Rates Bangladesh Foreign Currency Rates Bangladesh

Foreign Currency Rates Bangladesh

GLive24.com DeskMay 16, 2026
Bangladesh’s foreign exchange market continues to reflect the country’s growing engagement in global trade and the steady inflow of remittances from millions of expatriate workers. As international transactions expand and overseas earnings remain a key pillar of the national economy, exchange rates play a crucial role in shaping import costs, export competitiveness, and household remittance […]
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Gold Prices Fall Two Days Gold Prices Fall Two Days

Gold Prices Fall Two Days

GLive24.com DeskMay 16, 2026
Gold prices in the domestic market have been reduced again on Saturday, marking a second consecutive day of decline. According to the Bangladesh Jewellers Association (BAJUS), the price of gold per bhori has been reduced by a maximum of BDT 4,374 today. With this adjustment, the cumulative reduction over Friday and Saturday amounts to as […]
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Bangladesh Bank Increases Large Loan Ceilings Bangladesh Bank Increases Large Loan Ceilings

Bangladesh Bank Increases Large Loan Ceilings

GLive24.com DeskMay 16, 2026
Bangladesh Bank has significantly relaxed the large loan exposure limits for major industrial conglomerates, a move intended to facilitate high-value financing. The central bank issued a circular on Thursday detailing these amendments, which also grant commercial banks greater flexibility in disbursing substantial credit lines. Expansion of Funded Loan Facilities Under the revised regulations, a commercial […]
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Premier Bank Recruitment Notice Premier Bank Recruitment Notice

Premier Bank Recruitment Notice

GLive24.com DeskMay 16, 2026
The Premier Bank PLC has issued a recruitment notice for the position of Growth Marketing and Data Analytics Specialist. Interested candidates are invited to submit their applications by 7 June 2026. The organisation has specified that applicants must hold at least a Bachelor’s degree or an equivalent qualification. Candidates must also be willing to work […]
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Insurance Leaders Assert AI Cannot Replace Human Empathy

Insurance Leaders Assert AI Cannot Replace Human Empathy

GLive24.com DeskMay 15, 2026
A comprehensive survey of eleven global chief executive officers, conducted by the consultancy firm Sollers, has identified artificial intelligence (AI) as the most significant technological force currently reshaping the insurance industry. The study highlights a strategic shift in how insurers interact with policyholders, stressing that while AI provides unprecedented operational efficiency, it serves as a […]
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MetLife and Global Citizen Initiate Global Youth Challenge

MetLife and Global Citizen Initiate Global Youth Challenge

GLive24.com DeskMay 15, 2026
MetLife, in collaboration with the international advocacy group Global Citizen, has officially launched a social media-driven campaign titled ‘Footwork for Futures’. The initiative seeks to empower children and young people by promoting physical activity and confidence through a unique combination of education and sport. By leveraging digital connectivity, the programme aims to mobilise global citizens […]
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Robust Expansion of the Saudi Arabian Insurance Industry

Robust Expansion of the Saudi Arabian Insurance Industry

GLive24.com DeskMay 15, 2026
In 2026, the insurance sector in the Kingdom of Saudi Arabia has emerged as a cornerstone of the nation’s economic diversification strategy. Historically dependent on oil and gas, the Kingdom is successfully transitioning towards a multi-faceted economy under the “Vision 2030” initiative. With the national economy now valued between $1.2 trillion and $1.4 trillion, the […]
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