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CID Dismantle Syndicate Behind Fraudulent Website Clones CID Dismantle Syndicate Behind Fraudulent Website Clones

CID Dismantle Syndicate Behind Fraudulent Website Clones

CID Dismantle Syndicate Behind Fraudulent Website Clones In a decisive strike against cyber-financial crime, the Criminal Investigation Department (CID) has apprehended two young masterminds accused of orchestrating an international investment scam. The syndicate allegedly siphoned millions from unsuspecting citizens by “cloning” the digital presence of legitimate foreign enterprises. A Sophisticated Digital Ruse The arrests took […]
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Alif Industries Directors Charged in 28m Laundering Scandal Alif Industries Directors Charged in $28m Laundering Scandal

Alif Industries Directors Charged in $28m Laundering Scandal

The Criminal Investigation Department (CID) of the Bangladesh Police has launched a formidable legal strike against the top brass of Alif Industries Limited, accusing the firm of orchestrating a trade-based money laundering syndicate. On Wednesday, 7 January 2026, a formal case was lodged at Gulshan Police Station, naming the Chairman, Managing Director, and three Independent […]
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Foreign Reserves Dip Below 28bn After ACU Settlement Foreign Reserves Dip Below $28bn After ACU Settlement

Foreign Reserves Dip Below $28bn After ACU Settlement

Bangladesh’s gross foreign exchange reserves have retreated below the $28 billion mark following a significant settlement of regional import bills. This contraction comes despite a period of aggressive dollar accumulation by the central bank, underscoring the ongoing pressure of external payment obligations on the nation’s sovereign liquidity. The Impact of ACU Settlements On Thursday, 8 […]
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BIF Forms Oversight Committee for Zero Commission Policy

BIF Forms Oversight Committee for Zero Commission Policy

The Bangladesh Insurance Forum (BIF), the apex body representing the country’s insurance sector, has established a special oversight committee to monitor the effective implementation of the zero-percentage commission policy in the non-life insurance sector. The formation of the committee follows a recent circular issued by the Insurance Development and Regulatory Authority (IDRA), which mandated the […]
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Georgia Introduces Mandatory Health Insurance for Tourists

Georgia Introduces Mandatory Health Insurance for Tourists

Qatar Airways has alerted its passengers that, starting January 2026, all tourists entering Georgia will be required to present valid health and accident insurance documentation. The new legislation mandates proof of insurance for the entire duration of a visitor’s stay, aiming to ensure safe travel while alleviating potential strain on the country’s healthcare system. The […]
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Gun Attack on NCP Leader in Gazipur

Gun Attack on NCP Leader in Gazipur

A shocking armed attack occurred in Gazipur, adjacent to the capital Dhaka, on Thursday afternoon targeting a senior political figure. Habib Chowdhury, a senior member of the National Democratic Party (NCP) Gazipur Metropolitan Committee, was fired upon while his motorcycle was forcibly stolen. Remarkably, no one was physically injured during the incident. According to local […]
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Bangladesh Bank Guarantees Remittances Within Two Days

Bangladesh Bank Guarantees Remittances Within Two Days

Bangladesh Bank has introduced new directives to ensure that remittances from overseas Bangladeshis are credited to recipients’ accounts more quickly, securely, and transparently. Under the guidelines, authorised dealer (AD) banks are required to deposit incoming remittances either on the same day they are received or by the following working day. While the directives take immediate […]
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BNP Prioritises Discipline Over Defiant Candidates

BNP Prioritises Discipline Over Defiant Candidates

As Bangladesh prepares for the upcoming 13th national parliamentary election, the Bangladesh Nationalist Party (BNP) has confirmed that decisions concerning dissatisfied or rebel candidates are being handled through structured organisational processes. Salahuddin Ahmed, a member of the BNP Standing Committee, emphasised that the party is pursuing both firmness and dialogue to maintain internal discipline while […]
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Ziaul Haque Appointed Managing Director of LICB

Ziaul Haque Appointed Managing Director of LICB

The Government of Bangladesh has appointed a new leadership to steer the country’s life insurance sector, signalling a renewed strategic direction for one of the nation’s oldest financial institutions. Mohammad Ziaul Haque, previously serving as Additional Secretary at the Ministry of Power, Energy and Mineral Resources, has been appointed Managing Director (MD) of the Life […]
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