Category: State

Finance Ministry Accelerates Bangladesh Bank Leadership Change Finance Ministry Accelerates Bangladesh Bank Leadership Change

Finance Ministry Accelerates Bangladesh Bank Leadership Change

The Ministry of Finance has decided to relieve Dr. Ahsan H. Mansur from his position as Governor of Bangladesh Bank, simultaneously expediting the appointment process for a new governor. This development was confirmed by ministry sources on Wednesday, 25 February, in the early afternoon. According to officials, a distinguished economist from a reputed United States […]
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Australians Back Private Health Funding Reform

Australians Back Private Health Funding Reform

A recent survey has revealed strong public support among Australian private health insurance holders for reforms to private hospital funding. Conducted by Money.com.au, the survey found that nearly 80% of respondents favour changes aimed at reducing out-of-pocket costs for patients, signalling widespread interest in transforming the healthcare financing system. Currently, the funding system combines insurance […]
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Allegation Against Former Student for Luring Jahangirnagar University Female Student Home and Assaulting Her Allegation Against Former Student for Luring Jahangirnagar University Female Student Home and Assaulting Her

Allegation Against Former Student for Luring Jahangirnagar University Female Student Home and Assaulting Her

A female student of Jahangirnagar University has accused a former student of the same institution of assaulting her at his residence. The victim reportedly contacted the national emergency helpline 999, after which officers from Ashulia Police Station intervened and rescued her. The victim, a member of the university’s 53rd batch, stated that the alleged perpetrator […]
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Zurich Insurance Reports 17% Net Profit Growth

Zurich Insurance Reports 17% Net Profit Growth

Zurich Insurance Group has announced robust financial results for the fiscal year 2025, with net profit attributable to shareholders rising by 17% to USD 6.8 billion. The performance reflects the company’s disciplined management across both its Property & Casualty (P&C) and Life segments. Earnings per share (EPS) reached USD 45.13, up 13% from the previous […]
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Al-Arafah Islamic Bank Launches Investment Workshop

Al-Arafah Islamic Bank Launches Investment Workshop

Al-Arafah Islamic Bank has inaugurated a three-day investment management training workshop at its dedicated training institute, AIBITI, with the aim of setting new benchmarks in the nation’s financial sector. According to an official press release issued by the bank, the programme seeks to enhance professional expertise and promote strategic, Shariah-compliant investment practices among its officers. […]
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Dhaka Bank Partners with Siddheswari College

Dhaka Bank Partners with Siddheswari College

Dhaka Bank PLC has entered into a strategic agreement with Siddheswari Girls’ College aimed at modernising and securing the institution’s tuition and fee payment framework. The initiative seeks to introduce a technology-driven, transparent and efficient system that will simplify financial transactions for students, guardians and administrators alike. The agreement was formally signed by H M […]
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Modhumoti Bank Seals Strategic Advisory Pact

Modhumoti Bank Seals Strategic Advisory Pact

Modhumoti Bank PLC has entered into a strategic agreement with RSA Advisory Limited aimed at accelerating institutional transformation and expanding its footprint in the cottage, micro, small and medium enterprise sectors. The agreement was formally signed on Sunday at the bank’s head office in Gulshan, Dhaka, according to an official statement. The signing ceremony was […]
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Bangladeshs Forex Reserves Surge Past 35 Billion Milestone Bangladesh’s Forex Reserves Surge Past $35 Billion Milestone

Bangladesh’s Forex Reserves Surge Past $35 Billion Milestone

In a significant show of economic resilience, Bangladesh’s foreign exchange reserves have once again climbed above the $35 billion mark. This recovery echoes the peaks seen in June 2020 and marks a pivotal turnaround for the nation’s financial stability. The central bank’s latest data, released on Tuesday, confirms that the gross reserves now stand at […]
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BIA Enforces Zero Commission Policy in Non Life Insurance BIA Enforces Zero Commission Policy in Non-Life Insurance

BIA Enforces Zero Commission Policy in Non-Life Insurance

In a decisive move to restore financial discipline within the national insurance sector, the Bangladesh Insurance Association (BIA) has issued a formal directive mandating that all non-life insurance companies secure written undertakings from their respective branch managers. This initiative is designed to rigorously enforce the “Zero Commission Policy”, a regulatory framework established by the Insurance […]
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