Category: State

Insurers See Catastrophe Relief alongside Strategic M&A Expansion

Insurers See Catastrophe Relief alongside Strategic M&A Expansion

Global insurance markets recorded significant shifts between 20 and 24 July, marked by a notable decline in natural disaster payouts, a rise in complex transaction risk claims across Asia-Pacific, and high-profile corporate acquisitions. Data from Gallagher Re’s H1 2026 Natural Catastrophe and Climate report revealed that while natural disasters caused widespread regional disruption during the […]
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Exchange Rates Updated for Bangladeshi Taka on 23 July 2026 (2)

Exchange Rates Updated for Bangladeshi Taka on 23 July 2026

With over ten million non-resident Bangladeshis living and working across the globe, monitoring daily foreign exchange rates remains vital for millions of households and commercial entities. Driven by steadily expanding international trade and essential inward remittances, accurate currency conversion figures enable expatriates to maximize their transfers while helping businesses manage cross-border transactions efficiently. On Thursday, […]
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NCP Leader Arrested in Chittagong Over Rape Allegations

NCP Leader Arrested in Chittagong Over Rape Allegations

Police in Chittagong have arrested Aftab Mazumder Joy, a prominent member of the National Citizen Party’s (NCP) city convenor committee, following serious allegations of sexual assault and deceit under the pretext of marriage. The arrest was confirmed on Wednesday by Sabuj Rahman, Inspector (Investigation) at Chandgaon Police Station. According to law enforcement officials, the suspect […]
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NBR Launches E-Return System Offering Incentive for Early Filing (2)

NBR Launches E-Return System Offering Incentive for Early Filing

The National Board of Revenue (NBR) has officially launched the online income tax return submission portal, known as e-Return, for individual taxpayers for the 2026–27 assessment year. To encourage prompt tax compliance, the revenue authority announced a 5 per cent financial incentive on net payable tax—capped at a maximum of Tk 25,000—for taxpayers filing their […]
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Bangladesh Bank Eases Foreign Exchange Rules for Freelancers (2)

Bangladesh Bank Eases Foreign Exchange Rules for Freelancers

Bangladesh Bank has introduced new measures to simplify foreign exchange transactions for freelancers and individual service exporters, offering greater flexibility in receiving, retaining and using overseas earnings. The new provisions were announced in a circular issued on Wednesday, 22 July. The move is aimed at bringing the country’s foreign exchange procedures more closely in line […]
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Saudi Arabia Drives Majority Inflow as Bangladesh Remittances Exceed 32 Billion

Saudi Arabia has maintained its position as the primary engine of expatriate earnings for Bangladesh, contributing 5.28 billion dollars during the first eleven months of the outgoing financial year. According to the latest data compiled by Bangladesh Bank, the Gulf kingdom accounted for approximately 16 per cent of all funds remitted back to the South […]
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Declining Pacific Commercial Insurance Rates Conceal Underinsurance Threats

Declining Pacific Commercial Insurance Rates Conceal Underinsurance Threats

In the first quarter of 2026, commercial insurance premiums across the Pacific region experienced a sharp 12 per cent decline, yielding the most advantageous renewal climate for policyholders in recent years. Nevertheless, industry experts at Marsh caution that these discounted premiums disguise a severe underinsurance vulnerability. As asset replacement and reconstruction costs continue to escalate […]
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India Outpaces Major Insurance Markets with 7.1% Growth

India Outpaces Major Insurance Markets with 7.1% Growth

Asian insurance markets are positioned to comfortably outshine global performance benchmarks, anchored by robust life insurance demand across India and China. Research conducted by the Swiss Re Institute indicates that overall global insurance premium growth will ease to a modest 1.3 per cent in real terms. Against the backdrop of a broader worldwide deceleration, India […]
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Jamaat Leader Claims Viral Video Features His Second Wife

Jamaat Leader Claims Viral Video Features His Second Wife

A controversial video involving Gazi Nazrul Islam, a leader of Bangladesh Jamaat-e-Islami and the Member of Parliament for the Satkhira-4 (Shyamnagar) constituency, has sparked widespread political and social discourse after circulating rapidly across various social media platforms. The footage, which entered the public domain on Monday evening (20th July), depicts the politician in an intimate […]
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