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Category: Economy

Government Launches New Crop Insurance Scheme Government Launches New Crop Insurance Scheme

Government Launches New Crop Insurance Scheme

Shourav Biswas | Sub-Editor | GLive24.comMarch 18, 2026
Agriculture Minister Mohammed Amin Ur Rashid has unveiled a new crop insurance programme aimed at safeguarding farmers against losses caused by natural disasters. The initiative is designed to provide financial protection to those whose crops are damaged by floods, droughts, or other unforeseen calamities. Speaking at a rice distribution event held at Shampur High School […]
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Selected Banks to Open on Eid for RMG Workers Selected Banks to Open on Eid for RMG Workers

Selected Banks to Open on Eid for RMG Workers

Shourav Biswas | Sub-Editor | GLive24.comMarch 18, 2026
Ahead of the holy occasion of Eid-ul-Fitr, selected branches of several banks across Bangladesh will operate on a limited basis on Thursday, 19 March, to ensure timely disbursement of salaries and allowances to workers in the ready-made garment (RMG) sector. The move comes under directives issued by Bangladesh Bank, which emphasise restricted staffing and limited […]
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SM Abdul Hamid Appointed Independent Director of Islami Bank SM Abdul Hamid Appointed Independent Director of Islami Bank

SM Abdul Hamid Appointed Independent Director of Islami Bank

Shourav Biswas | Sub-Editor | GLive24.comMarch 18, 2026
Prominent professional accountant and banker S M Abdul Hamid has assumed the role of Independent Director at Islami Bank Bangladesh Limited, a move that has already attracted significant attention within banking and economic circles. His appointment is widely viewed as a strategic effort to bolster the institution’s financial stability and governance. On Tuesday, Bangladesh Bank’s […]
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Gold Prices Remain Stable Amid Middle East Conflict Gold Prices Remain Stable Amid Middle East Conflict

Gold Prices Remain Stable Amid Middle East Conflict

Shourav Biswas | Sub-Editor | GLive24.comMarch 18, 2026
The ongoing military confrontation between Israel, the United States, and Iran has now entered its 19th day as of Wednesday. Despite the heightened uncertainty surrounding the conflict, global gold markets are exhibiting a surprising steadiness. Rather than surging as traditionally expected during crises, gold prices have remained largely stable. The conflict, which began with the […]
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Navi Introduces Fully Digital Motor Insurance

Navi Introduces Fully Digital Motor Insurance

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMarch 18, 2026
Navi General Insurance has launched a new motor insurance product in India, offering a fully digital experience for both traditional and electric vehicles. The service is designed to provide car and two-wheeler owners with customised coverage, accessible entirely through the company’s mobile application. Customers can choose between comprehensive policies, own-damage coverage, or third-party liability insurance, […]
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VTech Wabag Secures Group Insurance for Employees

VTech Wabag Secures Group Insurance for Employees

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMarch 18, 2026
VTech Wabag Limited has entered into a strategic group insurance agreement with Protective Islamic Life Insurance Limited, aimed at providing its employees with enhanced healthcare services and comprehensive financial protection. The agreement was officially signed on Monday, 16 March, in a ceremony attended by senior executives from both organisations. Under the terms of the agreement, […]
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Bangladesh Bank Raises Credit Card Limits Significantly

Bangladesh Bank Raises Credit Card Limits Significantly

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMarch 18, 2026
Bangladesh Bank has issued new regulations nearly doubling the credit limits for credit card holders, with the maximum permissible limit now set at BDT 4,000,000. The central bank has also fixed the maximum interest rate for credit card loans at 25 per cent per annum. Previously, customers could access up to BDT 1,000,000 without collateral […]
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Non-Performing Loan Surge Raises Economic Alarm

Non-Performing Loan Surge Raises Economic Alarm

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMarch 18, 2026
A sharp escalation in non-performing loans (NPLs) within key sectors of the economy has heightened concerns over financial stability, investment flows, and future growth prospects. The latest data released by Bangladesh Bank indicate that the country’s banking sector is facing mounting pressure as defaulted loans continue to accumulate at an unsettling pace. As of December […]
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