Category: State

Reinsurers Beat Capital Costs for Third Year Despite Softening Market 1 Reinsurers Beat Capital Costs for Third Year Despite Softening Market

Reinsurers Beat Capital Costs for Third Year Despite Softening Market

Global reinsurers achieved financial returns well above their cost of capital in 2025, marking a third consecutive year of robust outperformance across the international market. According to a comprehensive industry report published by credit rating agency AM Best, disciplined portfolio repricing, rigorous risk selection, and strategic de-risking across primary underwriting portfolios served as the principal […]
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Central Bank Grants SS Power Import LC Facilities Under Strict Terms 1 Central Bank Grants SS Power Import LC Facilities Under Strict Terms

Central Bank Grants SS Power Import LC Facilities Under Strict Terms

In a decisive move to support critical energy infrastructure, Bangladesh Bank has permitted SS Power-1 Limited, a major power generation enterprise owned by the prominent conglomerate S. Alam Group, to open import Letters of Credit (LCs) under a mandatory 100 per cent cash margin condition. State-owned Rupali Bank has been formally authorised by the regulator […]
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Bangladeshi Taka Exchange Rates Key Foreign Currencies Evaluated Bangladeshi Taka Exchange Rates: Key Foreign Currencies Evaluated

Bangladeshi Taka Exchange Rates: Key Foreign Currencies Evaluated

As international trade and cross-border financial transactions continue to expand, foreign exchange rates have emerged as a vital component of the macroeconomic landscape in Bangladesh. Daily commercial activities, ranging from import settlements and export earnings to expatriate remittances, foreign investments, overseas medical travel, and higher education, heavily rely on the availability and valuation of foreign […]
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Bengal Islami Life Honours Claim for Deceased Constable’s Family

Bengal Islami Life Honours Claim for Deceased Constable’s Family

Bengal Islami Life Insurance Limited has fulfilled a death claim totalling £2,100 (BDT 314,000) for the family of a deceased policyholder in Jhenaidah, demonstrating its commitment to prompt claim settlements. The claim cheque was officially presented to the designated nominee of Constable Akhtaruzzaman, a former policyholder attached to the insurer’s Jhenaidah branch, following his untimely […]
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Volunteer League Leader Arrested in Chandina Amid Countrywide Crackdown

Volunteer League Leader Arrested in Chandina Amid Countrywide Crackdown

Police in Cumilla have arrested Ashikul Islam Ashik Khan, the general secretary of the Chandina Upazila Volunteer League. Officers apprehended him on Friday evening, 14 August, during an operation conducted at the Dollai Nawabpur market area within the upazila. The detainee, a prominent local figure of the Awami League’s volunteer wing, is the son of […]
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JSD Compares 15 August 1975 Assassination to 2024 Political Transition

JSD Compares 15 August 1975 Assassination to 2024 Political Transition

Leaders of the Jatiya Samajtantrik Dal (JSD) have drawn a direct line between the assassination of Bangabandhu Sheikh Mujibur Rahman on 15 August 1975 and the recent political changeover of 5 August 2024, characterising both events as acts of vengeance by historic adversaries of Bangladesh’s 1971 Liberation War. The assertions were made during a discussion […]
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Two JU JCD Leaders Ousted for Tributes to Sheikh Mujib

Two JU JCD Leaders Ousted for Tributes to Sheikh Mujib

Two student leaders from the Jahangirnagar University (JU) branch of the Bangladesh Jatiyatabadi Chhatra Dal (JCD) have been removed from all organisational roles and stripped of their primary memberships over allegations of violating internal party discipline. The swift administrative action reportedly came after both members uploaded images of Sheikh Mujibur Rahman to their personal Facebook […]
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Rural Bangladesh Drives Growth as Agent Banking Deposits Surge

Rural Bangladesh Drives Growth as Agent Banking Deposits Surge

Agent banking has firmly established itself as a vital conduit for financial inclusion across Bangladesh, successfully bridging the traditional divide between formal banking institutions and unbanked populations. According to the latest quarterly report released by Bangladesh Bank, the sector recorded substantial growth by the end of June, propelled largely by robust participation from rural communities. […]
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