Category: State

Bangladesh Records Significant Surge in Remittance Inflows

Bangladesh Records Significant Surge in Remittance Inflows

Bangladesh has experienced a robust influx of inward remittances during the initial thirteen days of May 2026. Official statistics released by the central bank confirm that expatriates transmitted a total of $1.743 billion through formal banking channels between 1 May and 13 May. At the prevailing exchange rate, this contributes approximately 213.95 billion BDT to […]
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Japanese General Insurance Market Projected To Reach Eighty Billion 2 Japanese General Insurance Market Projected To Reach Eighty Billion

Japanese General Insurance Market Projected To Reach Eighty Billion

The Japanese property and casualty (P&C) insurance sector is positioned for steady expansion over the coming years, with market valuations projected to rise from $71.75 billion in 2026 to $80.09 billion by 2031. This growth trajectory represents a compound annual growth rate (CAGR) of 2.22%. According to recent industry analysis by Mordor Intelligence, the market […]
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Central Bank Increases Single Borrower Loan Limit Caps 1 Central Bank Increases Single Borrower Loan Limit Caps

Central Bank Increases Single Borrower Loan Limit Caps

The Bangladesh Bank has implemented a substantial relaxation of the credit ceiling regulations for the banking sector, permitting commercial institutions to extend significantly larger volumes of credit to individual borrowers and industrial conglomerates. Under the newly ratified guidelines, a bank is now authorised to lend up to 25% of its total capital to a single […]
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Fazlur Rahman Sets Political Retirement Age Fazlur Rahman Sets Political Retirement Age

Fazlur Rahman Sets Political Retirement Age

Kishoreganj-4 (Itna-Mithamain-Austagram) constituency Member of Parliament and freedom fighter Fazlur Rahman has spoken to the media on contemporary political issues, including his personal plan to retire from active politics. He confirmed that he intends to step away from political life at the age of 83. At the beginning of the interview, the presenter referred to […]
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Aon Expands Global Claims Copilot Platform Aon Expands Global Claims Copilot Platform

Aon Expands Global Claims Copilot Platform

Aon plc, the leading global professional services firm and insurance brokerage, has announced the international expansion of its Claims Copilot platform. The rollout extends the technology’s reach across North America, Asia Pacific, and several key markets within the Europe, Middle East, and Africa (EMEA) region. This move signifies a strategic effort to bolster the firm’s […]
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Remittance Growth Maintains Strong Momentum Remittance Growth Maintains Strong Momentum

Remittance Growth Maintains Strong Momentum

Bangladesh’s remittance inflows have continued their upward trajectory, reflecting sustained confidence among overseas workers and improved formal transfer channels. The latest figures from the central bank indicate robust year-on-year growth during the current fiscal period, supported by policy incentives and enhanced banking facilities. According to official data, total remittances reached approximately $30.94 billion during the […]
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Bangladesh Foreign Exchange Rates Update 3 Bangladesh Foreign Exchange Rates Update

Bangladesh Foreign Exchange Rates Update

The role of foreign currency exchange rates continues to grow in importance for Bangladesh, driven by a large expatriate workforce and expanding international trade links. With over ten million Bangladeshi citizens living abroad, remittances remain a crucial pillar of the national economy. As a result, daily fluctuations in global currency values directly affect household incomes, […]
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Bangladesh Bank Faces New Currency Shortage Before Eid

Bangladesh Bank Faces New Currency Shortage Before Eid

The demand for physical banknotes in Bangladesh traditionally surges during the festival of Eid-ul-Adha. For the upcoming season, Bangladesh Bank’s Currency Management Department has placed a requisition for 16,000 crore BDT in new banknotes from the Security Printing Corporation (Bangladesh) Ltd, also known as the Mint. However, the Mint has reported that it can only […]
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BRAC Bank to Modernise Karnaphuli Gas Bill Collection

BRAC Bank to Modernise Karnaphuli Gas Bill Collection

BRAC Bank and Karnaphuli Gas Distribution Company Limited (KGDCL) have entered into a strategic partnership to implement a digital gas bill collection system. The collaboration, formalised on 5 May 2026, is aimed at improving payment accessibility and operational transparency for customers across the utility provider’s service zones. Digital Infrastructure and API Integration The core of […]
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Prime Bank and Hazrat Shah Ali Mohila College Sign MoU

Prime Bank and Hazrat Shah Ali Mohila College Sign MoU

Prime Bank PLC has entered into a strategic partnership with Hazrat Shah Ali Mohila College through its dedicated educational banking platform, PrimeAcademia. The collaboration was formalised via a Memorandum of Understanding (MoU) aimed at delivering a sophisticated suite of financial services specifically engineered for the academic sector. Scope of the Financial Partnership The agreement introduces […]
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