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Category: State

Institutional Deposits to Become Combined Islamic Bank Shares Institutional Deposits to Become Combined Islamic Bank Shares

Institutional Deposits to Become Combined Islamic Bank Shares

The landscape of Shariah-compliant finance in Bangladesh is set for a seismic shift following the Central Bank’s finalisation of a grand merger scheme. In an ambitious move to sanitise the balance sheets of the Islamic banking sector, five prominent institutions—First Security Islami Bank, Social Islami Bank, Union Bank, Global Islami Bank, and EXIM Bank—will be […]
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Expatriate Inflow Skyrockets as Remittance Records Nears Peak Expatriate Inflow Skyrockets as Remittance Records Nears Peak

Expatriate Inflow Skyrockets as Remittance Records Nears Peak

Bangladesh’s economic landscape has found a vital anchor in the extraordinary resilience of its expatriate workforce. While various fiscal sectors continue to navigate a period of post-political transition and volatility, remittance inflows have surged with unprecedented vigour. As of 30 December, official figures reveal that the first twenty-nine days of the month saw a staggering […]
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BNP Expels Nirob Among Nine Senior Leaders BNP Expels Nirob Among Nine Senior Leaders

BNP Expels Nirob Among Nine Senior Leaders

The Bangladesh Nationalist Party (BNP) has carried out one of its most significant organisational crackdowns in recent years, expelling nine senior and grassroots leaders—including former Dhaka Metropolitan North convener Saiful Alam Nirob—from all party positions and primary membership. The decision, announced on Tuesday, underscores the party leadership’s determination to enforce discipline and reassert central authority […]
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BNP Expels Rumin Farhana from All Party Positions BNP Expels Rumin Farhana from All Party Positions

BNP Expels Rumin Farhana from All Party Positions

In a decisive move aimed at reinforcing internal discipline, the Bangladesh Nationalist Party (BNP) has expelled Barrister Rumin Farhana from all party positions, including her primary membership. The decision was taken on the grounds of violating party directives and conducting organisational activities in defiance of official instructions. Rumin Farhana had been serving as the Assistant […]
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Idra relaxes rules for appointing insurance company CEOs Idra relaxes rules for appointing insurance company CEOs

Idra relaxes rules for appointing insurance company CEOs

The Insurance Development and Regulatory Authority (Idra) has announced significant amendments to the regulations governing the appointment of Chief Executive Officers (CEOs) in the insurance sector. The move aims to address the ongoing shortage of qualified CEOs in both life and non-life insurance companies. According to Idra, many insurance companies currently face vacancies at the […]
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