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Category: Economy

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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Senior Consultant Role at Sonali Bank Senior Consultant Role at Sonali Bank

Senior Consultant Role at Sonali Bank

GLive24.com DeskMay 3, 2026
Sonali Bank PLC, one of the largest state-owned commercial banks in Bangladesh, has issued a recruitment notice aimed at strengthening and modernising its Islamic banking operations. The bank intends to appoint a highly experienced senior professional on a contractual basis to provide strategic leadership in this specialised segment. The selected candidate will be engaged as […]
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Ninth Pay Scale Push Intensifies Ninth Pay Scale Push Intensifies

Ninth Pay Scale Push Intensifies

GLive24.com DeskMay 3, 2026
In the run-up to the upcoming national budget, the Bangladesh Government Officers and Employees Welfare Association (Central Committee) has announced a series of coordinated programmes across Dhaka and other parts of the country, demanding the swift implementation of the Ninth National Pay Scale. The organisation has stated that, after years of delay in revising the […]
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Lockton Gains Saudi Reinsurance Licence

Lockton Gains Saudi Reinsurance Licence

Jim Rahman Sub-Editor (News Desk) | glive24.comMay 3, 2026
Lockton has obtained a reinsurance licence in Saudi Arabia, allowing the broker to conduct facultative and treaty reinsurance business directly within the Kingdom. The approval represents a further expansion of its operations across the Middle East, particularly in a market undergoing rapid insurance sector development. With this authorisation, Lockton strengthens the integration between its global […]
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Shariah Insurance Launched by EBL, Akij

Shariah Insurance Launched by EBL, Akij

Jim Rahman Sub-Editor (News Desk) | glive24.comMay 3, 2026
Eastern Bank PLC (EBL), in partnership with Akij Takaful Life Insurance PLC, has launched Shariah-compliant Takaful insurance solutions through its bancassurance channel. The initiative was formally introduced at a ceremony held on Thursday, 30 April, at the EBL Head Office in Dhaka, according to a press release. The arrangement enables EBL customers to access Islamic […]
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Prime Bank signs pact with PayStation to expand EMI services

Prime Bank signs pact with PayStation to expand EMI services

Jim Rahman Sub-Editor (News Desk) | glive24.comMay 3, 2026
Prime Bank PLC has signed an agreement with Service Hub Limited (PayStation) to introduce enhanced payment flexibility for its customers, according to a media statement. The signing ceremony was held at Prime Aspire on Gulshan Avenue in Dhaka. The collaboration is intended to strengthen customer convenience by incorporating instalment-based payment options and expanding access to […]
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BRAC Bank partners Ascent Health for healthcare access

BRAC Bank partners Ascent Health for healthcare access

Jim Rahman Sub-Editor (News Desk) | glive24.comMay 3, 2026
BRAC Bank has signed an agreement with Ascent Health Limited to provide discounted healthcare services to its employees and cardholders nationwide, the bank said in a press release. Under the arrangement, all employees of BRAC Bank and their legal dependants—spouses, children, parents, and in-laws—will receive a 30 per cent discount on pathological tests conducted through […]
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India Allows Full Insurance FDI India Allows Full Insurance FDI

India Allows Full Insurance FDI

GLive24.com DeskMay 2, 2026
The Government of India has notified 100 per cent foreign direct investment (FDI) in insurance companies under the automatic route, enabling broader participation by overseas investors, according to reports citing official sources. Under the revised framework, the Life Insurance Corporation of India (LIC) will continue to operate under a separate regime, with foreign investment capped […]
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