Category: State

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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Insurance Intermediary Market Set to Hit USD 653 Billion

Insurance Intermediary Market Set to Hit USD 653 Billion

The global insurance brokers and agents industry is on track for monumental expansion over the next decade, driven by an increasingly volatile global risk landscape and an escalating corporate demand for bespoke financial guidance. According to a comprehensive market study published by research firm Global Market Insights, the sector is projected to expand at a […]
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IMF Reform Directives Trigger Accelerated Depreciation of Bangladeshi Taka (3)

IMF Reform Directives Trigger Accelerated Depreciation of Bangladeshi Taka

Bangladesh’s international trade and commercial landscape continues to expand in alignment with global economic shifts, driving notable volatility across major foreign exchange rates. Despite adequate liquidity reserves in the domestic market, the local currency has faced a series of controlled depreciations as the central bank systematically enforces macroeconomic reforms mandated by the International Monetary Fund […]
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Capital Crunch Threatens Closure of Janata Bank’s UAE Operations

Capital Crunch Threatens Closure of Janata Bank’s UAE Operations

The overseas presence of state-owned Janata Bank faces a critical threat as its four branches in the United Arab Emirates (UAE) edge closer to permanent closure. The impending shutdown comes in the wake of a severe capital shortfall, which has triggered direct regulatory intervention from Middle Eastern financial authorities. The Central Bank of the United […]
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ADB Warns Public Against Fake Loan Scams

ADB Warns Public Against Fake Loan Scams

The Asian Development Bank (ADB) has issued a public warning over a growing number of fraudulent schemes in which criminals misuse the organisation’s name, logo and the identities of its officials to offer fake loans and financial assistance in exchange for money. The development institution said fraudsters are increasingly targeting individuals through fake websites, counterfeit […]
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Taka Exchange Rates Updated for 20 July

Taka Exchange Rates Updated for 20 July

More than 10 million Bangladeshis are currently living and working abroad, making remittances one of the country’s largest sources of foreign currency. Alongside remittance inflows, the growing volume of international trade, overseas education, medical treatment, tourism, and cross-border business transactions has made daily foreign exchange rates increasingly important for individuals and businesses alike. The latest […]
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Midday Reversal Wipes Out Early Gains on Bangladesh Bourses

Midday Reversal Wipes Out Early Gains on Bangladesh Bourses

A dramatic midday turnaround on the premier bourses of Bangladesh erased early morning progress, forcing the major indices deep into the red on Sunday, 19 July. The week’s opening session saw widespread selling across both the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE), leaving declining stocks heavily outnumbering those that advanced. Accompanying […]
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Cambodian Non-Life Insurance Underwriting Dominated by Core Asset Protection

Cambodian Non-Life Insurance Underwriting Dominated by Core Asset Protection

The general insurance landscape in Cambodia continues to display a highly uneven distribution of premium revenue, reflecting a market heavily anchored in traditional corporate asset protection. According to the latest institutional findings from the Insurance Regulator of Cambodia, underwriting activities remain concentrated within a few dominant categories, leaving micro-insurance and specialized niche protection sectors almost […]
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South Korea Cuts Insurance Costs for Smart Factories

South Korea Cuts Insurance Costs for Smart Factories

The Korea Federation of Small and Medium Enterprises (KBIZ) has unveiled a targeted financial strategy designed to ease operational overheads for manufacturers adopting automated systems. The prominent business association will introduce a 5 per cent premium discount on product liability insurance and specialized mutual aid products for small and medium-sized enterprises (SMEs) that successfully transition […]
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