Category: State

Bureaucrat Jailed for Fraud After Faking Lineage Bureaucrat Jailed for Fraud After Faking Lineage

Bureaucrat Jailed for Fraud After Faking Lineage

In a dramatic scene at the Dhaka Metropolitan Sessions Judge’s Court, a senior civil servant was remanded to custody following allegations of systemic fraud to secure a prestigious government position. Md. Kamal Hossain, a Senior Assistant Secretary currently serving as a Special Acting Officer at the Ministry of Public Administration, is accused of “identity theft” […]
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FTSE 100 Slides Amid Banking Healthcare Weakness FTSE 100 Slides Amid Banking, Healthcare Weakness

FTSE 100 Slides Amid Banking, Healthcare Weakness

London, 28 January 2026 – The FTSE 100, the benchmark index of the London Stock Exchange, fell by 0.4% today, weighed down primarily by declines in banking and healthcare shares. Investors remain cautious as they assess recent corporate earnings reports and anticipate the forthcoming policy announcement from the United States Federal Reserve, which is expected to […]
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Top Bankers Propose Stricter Measures to Curb Bad Loans Top Bankers Propose Stricter Measures to Curb Bad Loans

Top Bankers Propose Stricter Measures to Curb Bad Loans

The Association of Bankers, Bangladesh (ABB), the premier organisation representing the nation’s senior banking executives, has submitted a comprehensive set of proposals to tackle the escalating problem of non-performing loans (NPLs) in the country’s banking sector. The recommendations, formally sent to the Governor of Bangladesh Bank, Ahsan H. Mansur, aim to curb defaults, enhance cash […]
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Japanese Motor Insurance Faces Intensifying Margin Pressure

Japanese Motor Insurance Faces Intensifying Margin Pressure

Japan’s motor insurance sector is confronting significant margin pressure as rising claims and heightened natural catastrophe risks increasingly weigh on long-term profitability. According to Gallagher Re’s Asia Pacific Market Watch Report of October 2025, escalating competition and rising operational costs are compressing earnings across the non-life insurance industry. Motor insurance constitutes the largest segment of […]
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Bangladesh Bank Holds Tight Monetary Line

Bangladesh Bank Holds Tight Monetary Line

Bangladesh Bank has opted to maintain a restrictive monetary stance for the second half of the 2026–27 fiscal year, underscoring its determination to bring inflation firmly under control despite mounting pressure from the business community to lower interest rates. In its Monetary Policy Statement covering January to June, the central bank kept the policy interest […]
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Central Bank to Liquidate Six Ailing NBFIs Central Bank to Liquidate Six Ailing NBFIs

Central Bank to Liquidate Six Ailing NBFIs

In a decisive move to sanitise a fractured financial sector, Bangladesh Bank has formalised plans to liquidate six non-bank financial institutions (NBFIs) crippled by systemic corruption, chronic mismanagement, and staggering capital shortfalls. The resolution, reached during a high-level board meeting on 27 January, marks a significant escalation in the regulator’s efforts to address the “distressed” […]
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Bangladesh Bankers Call for Public Loan Defaulter Lists Bangladesh Bankers Call for Public Loan Defaulter Lists

Bangladesh Bankers Call for Public Loan Defaulter Lists

The Association of Bankers, Bangladesh (ABB) has urged the central bank to adopt stringent measures against loan defaulters, including publicly naming them, in a bid to restore discipline, strengthen recovery, and curb mounting financial stress in the sector. In a detailed letter to Bangladesh Bank Governor Ahsan H. Mansur, ABB Chairman Mashrur Arefin proposed that […]
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Six BNP Leaders Expelled Over Campaign Role Six BNP Leaders Expelled Over Campaign Role

Six BNP Leaders Expelled Over Campaign Role

The Bangladesh Nationalist Party (BNP) has expelled six local leaders from Sarail upazila in Brahmanbaria after they were found to have actively participated in the election campaign of independent candidate Rumin Farhana in the Brahmanbaria–2 constituency. The decision underscores the party’s firm stance on internal discipline amid the 13th National Parliamentary Election. The expulsions were […]
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Zenith Islami Life Records Robust Growth Zenith Islami Life Records Robust Growth

Zenith Islami Life Records Robust Growth

Zenith Islami Life Insurance PLC, one of Bangladesh’s fastest-growing Shariah-compliant life insurers, delivered a notably strong financial and operational performance in 2025, marked by sharp growth in premium income, near-perfect claims settlement, and steady expansion of its life fund and investment portfolio. The results underline the company’s strengthening market position and growing customer confidence within […]
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Attack on NCP Candidate in Khilgaon One Arrested Attack on NCP Candidate in Khilgaon, One Arrested

Attack on NCP Candidate in Khilgaon, One Arrested

In a disturbing escalation of political tensions ahead of the upcoming parliamentary elections, Ariful Islam Adib, the candidate of the National Citizens’ Party (NCP) and the 11-party alliance for the Dhaka-18 constituency, was reportedly targeted during a public outreach event in Khilgaon on Monday morning. The incident led to the arrest of one individual, identified […]
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