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Category: Economy

Bank Looters Barred From Ever Re entering Financial Sector 1 Bank Looters Barred From Ever Re-entering Financial Sector

Bank Looters Barred From Ever Re-entering Financial Sector

GLive24.com DeskMay 12, 2026
The Bangladesh Bank has adopted a definitive and stringent stance aimed at restoring discipline and integrity within the nation’s banking industry. The Governor of the central bank, Mostakur Rahman, has formally declared that individuals or groups who have damaged the sector through irregularities, corruption, or the systematic looting of assets will be permanently prohibited from […]
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Bangladesh Bank Directs Lenders To Introduce Digital Loans 1 Bangladesh Bank Directs Lenders To Introduce Digital Loans

Bangladesh Bank Directs Lenders To Introduce Digital Loans

GLive24.com DeskMay 11, 2026
The Bangladesh Bank has officially issued a directive to all scheduled banks to implement a fully online-based credit facility, designated as “e-loan” or electronic lending. This initiative is designed to streamline and accelerate digital banking services within the country. Under this new regulatory framework, customers will be empowered to apply for, receive approval for, and […]
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Banks Deploy Fake Note Booths Banks Deploy Fake Note Booths

Banks Deploy Fake Note Booths

GLive24.com DeskMay 11, 2026
In preparation for the upcoming holy festival of Eid-ul-Azha, the Bangladesh Bank has issued strict directives to curb the circulation of counterfeit currency in cattle markets across the country. As part of the initiative, commercial banks have been instructed to set up dedicated note authentication booths at key livestock markets, ensuring secure cash transactions during […]
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MetLife LifeLine Pension Plan 1 MetLife LifeLine Pension Plan

MetLife LifeLine Pension Plan

GLive24.com DeskMay 11, 2026
The life insurance product ‘LifeLine’ offered by MetLife Bangladesh is a long-term retirement-focused insurance scheme designed to provide both savings and protection benefits. The plan is structured for a term of 10 to 20 years and is intended to support individuals in securing post-retirement income through periodic pension payments. The scheme allows individuals aged between […]
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Remittance Rises in May Period 1 Remittance Rises in May Period

Remittance Rises in May Period

GLive24.com DeskMay 11, 2026
During the first nine days of May this year, Bangladesh received remittance inflows amounting to 102.90 million US dollars, equivalent to approximately 12,630 crore 97 lakh 50 thousand Bangladeshi taka, calculated at an exchange rate of 122.75 taka per US dollar. This information was confirmed on Sunday (10 May) by Arif Hossain Khan, spokesperson for […]
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news thumbnail 1778486389496 Global Gold Prices Decline

Global Gold Prices Decline

GLive24.com DeskMay 11, 2026
International gold prices recorded a notable decline as geopolitical tensions in the Middle East and shifting expectations over inflation and interest rates influenced investor sentiment. The movement followed developments involving the United States and Iran, alongside rising crude oil prices, which have raised concerns about prolonged inflationary pressures. According to market data, at 12:07 PM […]
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Strategic Expansion of the Chinese Insurance Sector in 2025

Strategic Expansion of the Chinese Insurance Sector in 2025

GLive24.com DeskMay 11, 2026
The insurance market in China has demonstrated significant resilience and growth, evolving into a fundamental pillar of the national economy. In 2025, the five premier listed insurers—Ping An Insurance, China Life, PICC Group, China Pacific Insurance, and New China Life—attained a combined net profit of 425.3 billion yuan (approximately US$61.5 billion). This performance reflects a […]
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IMF Reform Mandates Drive Restructuring of Bangladesh Insurance Sector

IMF Reform Mandates Drive Restructuring of Bangladesh Insurance Sector

GLive24.com DeskMay 11, 2026
The insurance sector in Bangladesh is currently undergoing a period of rigorous transformation, dictated by the reform roadmap and loan conditions set by the International Monetary Fund (IMF). Alongside the banking sector, the insurance industry is being compelled to adopt significant changes in governance, transparency, customer service, and investment frameworks. Historically plagued by lengthy delays, […]
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