Category: State

The inauguration ceremony of the United Islami Bank was cancelled due to security reasons The inauguration ceremony of the United Islami Bank was cancelled due to security reasons

The inauguration ceremony of the United Islami Bank was cancelled due to security reasons

The grand inaugural ceremony of the United Islami Bank, scheduled for 10 a.m. tomorrow at the InterContinental Dhaka, has been cancelled due to security concerns. According to sources within the bank and the Ministry of Finance, several depositors and bank officials from Chattogram had reportedly planned a demonstration at the event venue. The mobilisation of […]
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Dhaka Bank Links with BIDA One-Stop Portal

Dhaka Bank Links with BIDA One-Stop Portal

Dhaka Bank PLC and the Bangladesh Investment Development Authority (BIIDA) have formalised a strategic partnership through the signing of a Memorandum of Understanding (MoU), integrating Dhaka Bank’s services with BIIDA’s “One-Stop Service (OSS)” portal. The signing ceremony took place on 19 January 2025 at BIIDA’s conference hall in Agargaon, Dhaka, marking a significant step towards […]
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IDRA Excludes Public Strike Losses from Insurance

IDRA Excludes Public Strike Losses from Insurance

The Insurance Development and Regulatory Authority (IDRA) has recently issued a pivotal directive clarifying that losses arising from “public strikes” or mass sit-ins will not be covered under insurance policies. The instruction was officially communicated to the State Reinsurance Corporation (SRC) on 4 January 2026. SRC, the nation’s sole reinsurance institution, had earlier deliberated on […]
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Indonesia Faces Rising Life Insurance Fraud

Indonesia Faces Rising Life Insurance Fraud

Indonesia is witnessing a concerning surge in life insurance fraud, prompting heightened alert among regulators and industry experts. The country’s financial supervisory authority, the Financial Services Authority (OJK), has warned that these incidents are not isolated. Investigations suggest that systematically organised networks may be orchestrating fraudulent claims, posing significant financial and reputational risks to insurers […]
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Rupali Bank Sets Recovery Record

Rupali Bank Sets Recovery Record

At a time when Bangladesh’s banking sector continues to grapple with prolonged global economic headwinds, foreign exchange shortages, liquidity stress and a persistent rise in non-performing loans (NPLs), state-owned Rupali Bank Limited has delivered a notable counter-narrative. Through a combination of strict financial discipline, strengthened accountability and technology-driven management reforms, the bank recorded landmark achievements […]
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BNP Rejects Jamaat Claims as Propaganda BNP Rejects Jamaat Claims as Propaganda

BNP Rejects Jamaat Claims as Propaganda

The Bangladesh Nationalist Party (BNP) has firmly dismissed allegations made by Jamaat-e-Islami’s Nayeb-e-Ameer, Syed Abdullah Mohammad Taher, describing them as politically motivated propaganda designed to create confusion ahead of the national election. The response came on Saturday during a press briefing at the BNP’s Gulshan office, where Mahdi Amin, spokesperson of the party’s Election Steering […]
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Controversial Remarks Spark Election Debate in Barguna

Controversial Remarks Spark Election Debate in Barguna

On Thursday, 22 January 2026, the first day of campaigning in the Barguna-2 constituency witnessed a politically charged incident that has ignited debate over religion and electoral rights. During an election rally organised by Jamaat-e-Islami at Douatala School Ground in Hamna Upazila, a participant, Afzal Hossain, made provocative statements regarding parliamentary representation. Addressing the crowd, […]
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Former Prime Minister Sheikh Hasina Outlines Five-Point Plan for Bangladesh

Former Prime Minister Sheikh Hasina Outlines Five-Point Plan for Bangladesh

In her first international address since losing power during the 2024 mass uprising, former Bangladeshi Prime Minister Sheikh Hasina delivered a scathing attack on Dr Muhammad Yunus, the head of the interim government, through a pre-recorded audio message at a press conference in Delhi. Although she was not physically present, her message was broadcast to […]
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AI Revolution Reshapes Global Insurance Sector

AI Revolution Reshapes Global Insurance Sector

The global insurance industry has experienced a notably eventful week, marked by a combination of technological advancements, slow premium growth, and significant corporate developments. These factors are collectively reshaping both market sentiment and operational strategies across the sector. According to a recent report by Business Research Company, the market for generative artificial intelligence (AI) in […]
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BNP and Jamaat Launch Heated Election Campaign

BNP and Jamaat Launch Heated Election Campaign

Formal election campaigning commenced across various regions of Bangladesh on Thursday, 22 January, marking the beginning of a politically charged period ahead of the upcoming polls. Traditionally conducted in a largely peaceful environment, this year’s campaign has been notably defined by the absence of the ruling Awami League under the caretaker framework, focusing the principal […]
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