Category: State

Desperate Plea to Rescue 420 Fishermen Held by Arakan Army Desperate Plea to Rescue 420 Fishermen Held Captive

Desperate Plea to Rescue 420 Fishermen Held Captive

The families of hundreds of Bangladeshi fishermen, allegedly abducted by the Arakan Army (AA)—an insurgent group operating in Myanmar—have issued a harrowing appeal to the interim government for their safe return. During a seminar titled “Women of the Island: An Ecofeminist Perspective for St Martin’s Island” held at Dhaka University on Thursday, relatives revealed that […]
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New Ordinance Transforms Microfinance into Regulated Social Banking New Ordinance Transforms Microfinance into Regulated Social Banking

New Ordinance Transforms Microfinance into Regulated Social Banking

The interim government of Bangladesh has enacted the Microfinance Bank Ordinance, 2026, a landmark legislative shift that fundamentally redefines the country’s microcredit landscape. By introducing the concept of “Microfinance Banks,” the state aims to transition traditional non-governmental organisations (NGOs) from the periphery of the financial system into a formal, regulated framework under the direct oversight […]
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Pragati Insurance Secures Top Spot at IDRA Awards 1 Pragati Insurance Secures Top Spot at IDRA Awards

Pragati Insurance Secures Top Spot at IDRA Awards

Pragati Insurance Limited has achieved a prestigious milestone by clinching first place in the Non-Life Insurance category at the IDRA Insurance Excellence Awards 2025. This accolade, instituted by the Insurance Development and Regulatory Authority (IDRA), recognises the firm’s peerless contributions to the nation’s financial landscape and its unwavering commitment to industry best practices. A Benchmark […]
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Sherpur Clash Triggers Senior Officials Recall Sherpur Clash Triggers Senior Officials’ Recall

Sherpur Clash Triggers Senior Officials’ Recall

The Election Commission (EC) has ordered the withdrawal of two senior local officials in Sherpur’s Jhenaigati upazila following a violent political clash that left a Jamaat-e-Islami leader dead. The officials concerned are the Upazila Nirbahi Officer (UNO) Ashraful Alam and the Officer-in-Charge (OC) of Jhenaigati Police Station, Nazmul Hasan. The decision was announced on Thursday […]
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Deposit Holders to Receive 9.5% Dividend

Deposit Holders to Receive 9.5% Dividend

The depositors of Sammlito Islami Bank are set to receive a maximum dividend of 9.5% on their deposits from 2026 onwards, Bangladesh Bank Governor Ahsan H. Mansur announced today. Speaking at a press conference at the central bank’s headquarters, Governor Mansur emphasised that the dividend rate is market-driven and calibrated to maintain competitiveness within the […]
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10 BNP Leaders Expelled from Party in Madaripur 10 BNP Leaders Expelled from Party in Madaripur

10 BNP Leaders Expelled from Party in Madaripur

In a decisive move ahead of the 13th National Parliamentary elections, the Bangladesh Nationalist Party (BNP) has expelled ten of its leaders from Madaripur-1 (Shibchar) for alleged violations of party discipline and engagement in anti-organisational activities. The announcement was made on Wednesday night (28 January) through a press release signed by the BNP’s Senior Joint […]
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Six-Year Natural Catastrophe Reinsurance Review

Six-Year Natural Catastrophe Reinsurance Review

Global reinsurers have faced six consecutive years of substantial natural catastrophe losses, with annual losses exceeding USD 100 billion, according to rating agency AM Best. This sustained high-loss environment is prompting reinsurers to reassess their risk management strategies and contract structures, even though overall capital levels remain robust. AM Best reports that reinsurance contracts continue […]
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Citizens Bank Opens Kawran Bazar Branch

Citizens Bank Opens Kawran Bazar Branch

Citizens Bank PLC has officially inaugurated its new Kawran Bazar sub-branch, strategically located on Kazi Nazrul Islam Avenue in the heart of Dhaka’s bustling commercial district. The launch reinforces the bank’s growing presence in the city and aims to strengthen its commitment to supporting local businesses and communities. The inauguration ceremony was presided over by […]
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MetLife Clinches Top IDRA Life Insurance Award

MetLife Clinches Top IDRA Life Insurance Award

MetLife, the American life insurance giant, has been awarded first place in the Life Insurance category at the 2025 IDRA Insurance Excellence Awards. The accolade recognises insurers based on customer satisfaction, financial stability, and service quality, highlighting MetLife’s strong market presence and commitment to client-centric services in Bangladesh. The Insurance Development and Regulatory Authority (IDRA) […]
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