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Bangladesh Bank Unifies Foreign Exchange Transport Regulations Bangladesh Bank Unifies Foreign Exchange Transport Regulations

Bangladesh Bank Unifies Foreign Exchange Transport Regulations

Shourav Biswas | Sub-Editor | GLive24.comMay 7, 2026
Bangladesh Bank, the central bank of the country, has issued a comprehensive circular aimed at streamlining the remittance of funds abroad in exchange for transport services. Released on Thursday, this new directive establishes a unified regulatory framework for ticket issuance and charge collection services involving international passenger transport, foreign airlines, and shipping companies’ cargo operations. […]
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Daily Currency Exchange Rates Update Daily Currency Exchange Rates Update

Daily Currency Exchange Rates Update

Shourav Biswas | Sub-Editor | GLive24.comMay 7, 2026
The foreign exchange market continues to play a crucial role in Bangladesh’s increasingly globalised economy, driven by expanding international trade and a steady inflow of remittances from millions of expatriate Bangladeshis living and working abroad. With more than ten million Bangladeshis residing overseas, fluctuations in currency exchange rates have a direct impact on household incomes, […]
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Agent Banking Proprietor Absconds Following Alleged Multi Million Taka Fraud Agent Banking Proprietor Absconds Following Alleged Multi-Million Taka Fraud

Agent Banking Proprietor Absconds Following Alleged Multi-Million Taka Fraud

Md Sakib Hossain | Sub-Editor | GLive24.comMay 6, 2026
An agent banking outlet owner affiliated with Islami Bank Bangladesh PLC has reportedly disappeared after allegedly embezzling a substantial sum of money from depositors in the Longadu sub-district of Rangamati. The individual, identified as Md. Russell, served as the proprietor of the agent banking outlet and has been accused of orchestrating a large-scale financial fraud […]
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Commission Reform Oversight Intensified Commission Reform Oversight Intensified

Commission Reform Oversight Intensified

Shourav Biswas | Sub-Editor | GLive24.comMay 6, 2026
A strengthened supervisory framework has been introduced in Bangladesh’s non-life insurance sector to monitor the implementation of a zero per cent commission policy for individual agents and to improve the complaint resolution mechanism. The third meeting of the Vigilance Team’s Complaint Scrutiny and Hearing Committee was held on Saturday, 2 May, at the premises of […]
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United Insurance Faces Profit Pressure United Insurance Faces Profit Pressure

United Insurance Faces Profit Pressure

Shourav Biswas | Sub-Editor | GLive24.comMay 6, 2026
In the first quarter of the current year (January–March), United Insurance Limited, a listed non-life insurance company on the capital market, experienced significant pressure on its financial performance. The company reported a sharp decline in earnings per share (EPS), nearly halving compared with the same period last year, primarily due to rising claim settlement costs […]
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Remittance Surge Strengthens Economic Outlook Remittance Surge Strengthens Economic Outlook

Remittance Surge Strengthens Economic Outlook

Shourav Biswas | Sub-Editor | GLive24.comMay 6, 2026
Bangladesh has recorded a notable improvement in remittance inflows during the first four days of May, signalling continued resilience in expatriate earnings and external sector stability. According to the latest data released by Bangladesh Bank, the country received US$456 million in remittances over this short period. This translates to an average daily inflow of approximately […]
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Asia’s 2025 Disaster Losses Reveal 92% Protection Gap

Asia’s 2025 Disaster Losses Reveal 92% Protection Gap

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMay 6, 2026
The financial impact of natural catastrophes across Asia reached $5.2 billion in insured losses during 2025, according to the April “sigma” report from Swiss Re. While substantial, this figure represents a mere fraction of the total economic destruction, as 92% of losses remained uninsured. This significant “protection gap” highlights the ongoing vulnerability of the region, […]
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