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Mahindra and Manulife establish Indian life venture 1 Mahindra and Manulife establish Indian life venture

Mahindra and Manulife establish Indian life venture

Mahindra Manulife Insurance Limited (MMIL) has been formally incorporated as a distinct corporate entity following the procurement of essential regulatory clearance from the Ministry of Corporate Affairs of the Republic of India. This statutory advancement marks the official formalisation of a strategic life insurance joint venture between the Mahindra Group, a prominent Indian multinational conglomerate, […]
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Currency Exchange Rates Against Bangladeshi Taka Currency Exchange Rates Against Bangladeshi Taka

Currency Exchange Rates Against Bangladeshi Taka

Bangladesh continues to experience a steady rise in international economic engagement, driven by expanding trade relations and a large overseas workforce exceeding one crore (ten million) Bangladeshi expatriates residing across various countries. Remittances sent by these expatriates, along with increasing import-export activity, play a crucial role in strengthening the national economy and directly influence demand […]
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Abrupt Resignation of CHT Minister Deepen Dewan Triggers Political Debate

Abrupt Resignation of CHT Minister Deepen Dewan Triggers Political Debate

The Minister for Chittagong Hill Tracts (CHT) Affairs, Deepen Dewan, tendered his resignation on Monday, 1 June 2026, marking the first official working day following the Eid-ul-Azha holidays. The resignation letter, submitted to the Prime Minister’s Office in the morning, was promptly accepted. Coming just three and a half months after the formation of the […]
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Insurance Sector Reopens Nationwide After Extended Break

Insurance Sector Reopens Nationwide After Extended Break

The commercial and public insurance sectors of Bangladesh returned to full operational status on Monday, 1 June 2026, following a seven-day holiday observed for Eid-ul-Azha. Offices belonging to both state-owned and private insurance corporations reported high employee attendance as normal business operations commenced across the country. Firms prioritised the clearance of backlogged administrative tasks and […]
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Unrest Shifts Islami Bank Board Meeting Online

Unrest Shifts Islami Bank Board Meeting Online

A crucial board meeting of Islami Bank Bangladesh PLC was moved online and successfully completed on Monday evening, following intense daytime demonstrations outside its headquarters. The virtual session was led by the newly appointed Chairman, Md. Khurshid Alam, institutional sources confirmed. The meeting was originally scheduled to take place at noon on Monday at the […]
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Dhaka Bank Inks Payroll Agreement With New Asia

Dhaka Bank Inks Payroll Agreement With New Asia

Dhaka Bank PLC has signed a comprehensive Payroll Banking Agreement with New Asia Group, extending its specialised financial services to the employees of Malek Spinning Mills PLC, Salek Textile Limited, and Denim Asia Limited. A corporate press release confirmed that the official signing and document exchange ceremony took place at the New Asia Group’s central […]
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