Category: Economy

Trumps Hormuz Insurance Plan Faces Major Hurdles Trump’s Hormuz Insurance Plan Faces Major Hurdles

Trump’s Hormuz Insurance Plan Faces Major Hurdles

A recent report has highlighted significant challenges confronting former US President Donald Trump’s proposed government-backed initiative to provide insurance for vessels navigating the strategic Strait of Hormuz. The programme, designed to safeguard oil shipments from conflict-related disruptions, aimed to stabilise global energy supply and protect international markets from potential volatility. According to sources, the plan […]
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APAC Households Face Growing Cybercrime Risks

APAC Households Face Growing Cybercrime Risks

Households across the Asia-Pacific (APAC) region are increasingly exposed to digital fraud, as confidence in online safety often fails to match actual cybersecurity practices. A new report by bolttech, APAC Cyber Safety Landscape 2026, reveals a significant gap between perceived online protection and real-world security behaviour. Confidence vs Reality The survey of 3,850 consumers across […]
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Citizens Bank Joins BREB for Rural Bill Collection

Citizens Bank Joins BREB for Rural Bill Collection

Citizens Bank PLC has entered into a strategic partnership with the Bangladesh Rural Electrification Board (BREB) to facilitate electricity bill collection nationwide. The signing took place at BREB’s Head Office in Nikunja-2, Dhaka, highlighting the banks’ commitment to supporting rural energy services. The agreement was signed in the presence of Mr. Alamgir Hossain, Managing Director […]
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Dilbar World’s Most Valuable Insured Yacht

Dilbar: World’s Most Valuable Insured Yacht

The luxury megayacht Dilbar, owned by Russian billionaire , is widely recognised as one of the most expensive private assets covered by marine insurance globally. According to estimates from the United States Department of the Treasury and maritime industry sources, the vessel’s value lies between $600 million and $735 million, positioning it as a high-stakes […]
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EBL, Friendship Join Forces for Health and Water

EBL, Friendship Join Forces for Health and Water

Eastern Bank PLC (EBL) has partnered with Friendship, a leading Bangladeshi NGO, to expand access to essential healthcare and safe drinking water for some of the country’s most vulnerable communities. The collaboration forms part of EBL’s Corporate Social Responsibility (CSR) efforts to promote sustainable development and social wellbeing. A Memorandum of Understanding (MoU) was signed […]
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Seven Day Closure of Stock Markets for Eid Seven-Day Closure of Stock Markets for Eid

Seven-Day Closure of Stock Markets for Eid

In observance of the holy Shab-e-Qadr and Eid-ul-Fitr, Bangladesh’s two principal stock exchanges—the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE)—will remain closed for seven consecutive days, from 17 March to 23 March. This information has been confirmed by official sources at both exchanges. The closure coincides with the pre-scheduled Eid holidays, with […]
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Bangladeshs Reserves Strengthen Amid Middle East Conflict Bangladesh’s Reserves Strengthen Amid Middle East Conflict

Bangladesh’s Reserves Strengthen Amid Middle East Conflict

Bangladesh’s foreign currency reserves have risen to USD 34.29 billion, reflecting a robust economic position despite ongoing geopolitical tensions in the Middle East. The development signals resilience in the country’s external sector amidst global uncertainties. The update was confirmed on Wednesday, 11 March, by Arif Hossain Khan, Executive Director and spokesperson of Bangladesh Bank. Current […]
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Bangladesh Bank Orders Energy Conservation Bangladesh Bank Orders Energy Conservation

Bangladesh Bank Orders Energy Conservation

Bangladesh Bank has issued fresh instructions to all banks in the country urging them to exercise restraint in the use of electricity and fuel, citing growing uncertainty in the global energy market. The central bank stated that geopolitical tensions and disruptions in international supply chains have raised concerns about possible interruptions in fuel availability, prompting […]
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