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Category: Economy

Ninth Pay Structure Progresses Ahead Ninth Pay Structure Progresses Ahead

Ninth Pay Structure Progresses Ahead

GLive24.com DeskMay 4, 2026
The Government has taken another significant step towards implementing the long-awaited Ninth National Pay Scale for public sector employees. According to recent developments from the Ministry of Finance, the proposed national budget for the 2026–27 fiscal year is expected to allocate approximately Tk 35,000 crore specifically for the initial phase of the new pay structure. […]
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Foreign Exchange Rates in Bangladesh Foreign Exchange Rates in Bangladesh

Foreign Exchange Rates in Bangladesh

GLive24.com DeskMay 4, 2026
Bangladesh’s economy is becoming increasingly integrated with global financial flows, with foreign exchange movements now playing a crucial role not only for businesses but also for ordinary citizens. Expanding international trade, steady remittance inflows from overseas Bangladeshis, and rising cross-border transactions have made exchange rate fluctuations a key economic indicator. Remittances sent by expatriate workers […]
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Hong Kong Logs 109,813 Policies

Hong Kong Logs 109,813 Policies

Jim Rahman Sub-Editor (News Desk) | glive24.comMay 4, 2026
Hong Kong’s long-term insurance industry issued 109,813 new direct long-term policies in 2025, according to provisional data published by the Insurance Authority. The figures provide an overview of market activity across new business written during the year, including both protection and savings-linked insurance products. New direct long-term business generated significant premium inflows over the reporting […]
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IDRA Lists Seven Firms for Insurance Audits

IDRA Lists Seven Firms for Insurance Audits

Jim Rahman Sub-Editor (News Desk) | glive24.comMay 4, 2026
The Insurance Development and Regulatory Authority (IDRA) has empanelled seven Cost and Management Accounting (CMA) firms for conducting cost audits and performance audits of life and non-life insurance companies in Bangladesh. The decision forms part of the regulator’s broader initiative to enhance financial discipline, transparency, and accountability across the insurance sector. The announcement was issued […]
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Central Bank plans Tk40,000cr refinance scheme to revive factories

Central Bank plans Tk40,000cr refinance scheme to revive factories

Jim Rahman Sub-Editor (News Desk) | glive24.comMay 4, 2026
The Bangladesh Bank is preparing to introduce a Tk40,000-crore refinance programme designed to revive closed and inactive industrial units across Bangladesh. The initiative aims to restore production activity, protect employment, and strengthen export capacity at a time of continued macroeconomic strain. Officials involved in the process said a policy framework is being drafted this week […]
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Footsteps, Eastern Bank Upgrade Libraries for Special Children

Footsteps, Eastern Bank Upgrade Libraries for Special Children

Jim Rahman Sub-Editor (News Desk) | glive24.comMay 4, 2026
Footsteps Bangladesh, in partnership with Eastern Bank PLC, has inaugurated two Britto Children’s Libraries at the Eskaton and Dhanmondi campuses of SWID Bangladesh. The initiative is designed to enhance access to learning resources for children with special needs through dedicated and adapted library spaces. The project has been implemented under Project Britto, which focuses on […]
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Grameenphone, Prime Bank FinTech Enhance Connectivity

Grameenphone, Prime Bank FinTech Enhance Connectivity

Jim Rahman Sub-Editor (News Desk) | glive24.comMay 4, 2026
Grameenphone has formed a partnership with Prime Bank FinTech Limited to expand access to secure and inclusive digital financial services across Bangladesh. The initiative brings together Grameenphone’s nationwide network and digital ecosystem with Prime Bank FinTech Limited’s Mobile Financial Services (MFS) platform to improve service availability and encourage wider adoption of digital transactions. The collaboration […]
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Steady Rise in Inward Remittances Steady Rise in Inward Remittances

Steady Rise in Inward Remittances

GLive24.com DeskMay 3, 2026
Bangladesh has witnessed a sustained surge in inward remittances, with monthly figures surpassing the $3 billion threshold for five consecutive months. Official data released by the central bank on Sunday, 3 May, confirms that expatriate workers dispatched $3.127 billion in April, maintaining a robust trend that established itself toward the end of the previous year. […]
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