Category: State

Foreign Exchange Rates Critical Data for Bangladesh Foreign Exchange Rates: Critical Data for Bangladesh

Foreign Exchange Rates: Critical Data for Bangladesh

As Bangladesh’s trade and commerce continue to expand beyond traditional boundaries, keeping regular track of the Bangladeshi Taka’s exchange rates against major foreign currencies has become increasingly essential. These rates are vital for international transactions, import-export agreements, and travel-related expenses, serving as an indispensable reference for businesses, banks, and the general public alike. According to […]
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Attack and Arson at Mymensingh Awami League Office

Attack and Arson at Mymensingh Awami League Office

A violent incident occurred on Monday, 23 February, at the district office of the Awami League on Shibbari Road in Mymensingh. Local sources report that members of the opposition student group, the “Anti-Discrimination Student Movement,” set fire to tyres in front of the building and caused extensive damage both inside and outside the office. Background […]
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Multiple Cases Filed Against Mamunul Haque Over Election Violence

Multiple Cases Filed Against Mamunul Haque Over Election Violence

The State Minister for Education, Babi Hazzaj, has announced that multiple legal cases have been filed against Mamunul Haque, the candidate of the 11-party alliance led by Jamaat-e-Islami, for allegedly seizing polling centres and attacking opposition party workers during the 13th national parliamentary elections. Speaking to reporters on Sunday, 22 February, while visiting injured party […]
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LPG Imports Rise, Prices Unsettled

LPG Imports Rise, Prices Unsettled

Despite a marked increase in liquefied petroleum gas (LPG) imports this month, the anticipated relief in the retail market has yet to materialise. Consumers in the capital and several regional centres continue to pay well above the government’s fixed price for LPG cylinders, underscoring persistent distortions in distribution and pricing. Industry stakeholders attribute the lingering […]
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Hong Kong Considers Changes to Insurance Capital Rules

Hong Kong Considers Changes to Insurance Capital Rules

Proposed adjustments to Hong Kong’s insurance capital framework could ease capital pressures for certain insurers while encouraging long-term infrastructure investment. However, credit rating agency Fitch anticipates that the overall impact on creditworthiness will remain limited. The Hong Kong Insurance Authority has proposed amendments to the risk-based capital (RBC) regime, introducing preferential treatment for specific infrastructure […]
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Sun Life Reports Record Growth in Asia

Sun Life Reports Record Growth in Asia

Sun Life Financial Incorporated has announced robust results for the 2025 fiscal year, driven primarily by a significant surge in its Asian operations. The company reported a net income of USD 3.5 billion, representing a 13.9% year-on-year increase, while earnings per share rose 16.9% to USD 6.15. The results reflect effective global business management, disciplined […]
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Two-Stage Advance Facility Simplifies Loan Restructuring

Two-Stage Advance Facility Simplifies Loan Restructuring

Bangladesh Bank has recently issued new guidelines aimed at facilitating the recovery and financial stabilisation of institutions affected by non-performing loans. Under the previous framework, borrowers applying for loan restructuring were required to pay the full advance amount in a single instalment. The revised policy eases this requirement, allowing the advance to be disbursed in […]
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Bangladesh Bank Extends Loan Rescheduling for Jute Exporters

Bangladesh Bank Extends Loan Rescheduling for Jute Exporters

In a timely move to alleviate financial pressure on jute exporters, Bangladesh Bank has extended the deadline for applying for loan rescheduling. The decision comes as the country’s raw jute export sector, one of the nation’s key foreign currency earners, faces multiple challenges, including shipping delays, fluctuating raw material prices, and declining international market values. […]
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HSBC Bangladesh Crowned Global Leader in Trade Finance HSBC Bangladesh Crowned Global Leader in Trade Finance

HSBC Bangladesh Crowned Global Leader in Trade Finance

In a resounding endorsement of its operational excellence and market dominance, The Hongkong and Shanghai Banking Corporation (HSBC) Bangladesh has been named the premier international trade finance institution in the country for the eighth time. This prestigious accolade was revealed on Sunday, 22 February 2026, as part of the globally renowned Euromoney Trade Finance Survey. […]
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Insurance Regulators Face Backlash Over Retroactive Fee Hikes Insurance Regulators Face Backlash Over Retroactive Fee Hikes

Insurance Regulators Face Backlash Over Retroactive Fee Hikes

The Bangladesh insurance sector has been plunged into a state of legal uncertainty following a contentious directive from the Insurance Development and Regulatory Authority (IDRA). The regulator has ordered insurance firms to pay additional registration renewal fees for the year 2026, despite the fact that most companies had already settled their dues under the prevailing […]
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