Category: State

Rising Cyber Threats Highlight Insurance Necessity

Rising Cyber Threats Highlight Insurance Necessity

Allegations of a cyberattack on Shopno, one of Bangladesh’s leading retail chains, have reignited national concern over digital security, emphasising the growing importance of cyber insurance. The purported incident, said to have occurred in December 2025, has been widely discussed across social media platforms and cybersecurity forums, though official verification is still pending. Media reports […]
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Bangladesh Insurance Sector in Critical Distress

Bangladesh Insurance Sector in Critical Distress

Bangladesh’s insurance sector is currently facing a critical period of instability, driven by weak policies, regulatory lapses, and diminishing public trust. Analysts warn that unless swift and decisive reforms are implemented, the sector’s future remains highly uncertain, with potential repercussions for the country’s overall financial stability. Policy Weaknesses Undermine Confidence A key factor behind the […]
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Last Chance for Tax Filing

Last Chance for Tax Filing

With the extended deadline drawing to a close, taxpayers across Bangladesh have until Tuesday to submit their income tax returns, marking the final opportunity after multiple deadline extensions this fiscal year. Authorities have emphasised that no further extensions are expected, placing urgency on individuals yet to comply. The submission process is now entirely digital, administered […]
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Central Bank Sets New Digital Security Rules

Central Bank Sets New Digital Security Rules

Bangladesh Bank has unveiled a detailed regulatory framework to strengthen the security and reliability of digital communications across the country’s financial sector. The newly issued directive, Guidelines on Partner Network, Version 1.0 (2026), aims to ensure seamless connectivity while safeguarding sensitive financial data in an increasingly digitalised environment. In a circular released on Sunday, the […]
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Prolonged Leadership Void Disrupts Insurance Regulators Core Functions Prolonged Leadership Void Disrupts Insurance Regulator’s Core Functions

Prolonged Leadership Void Disrupts Insurance Regulator’s Core Functions

The Insurance Development and Regulatory Authority (IDRA) has remained without effective leadership for nearly a month, following the resignation of its chairman M Aslam Alam on 2 March. Despite the passage of 26 days, no successor has yet been appointed, leaving the country’s principal insurance regulator in a state of operational stagnation and raising concerns […]
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Islami Bank Rewards Remittance Clients With Motorcycles Islami Bank Rewards Remittance Clients With Motorcycles

Islami Bank Rewards Remittance Clients With Motorcycles

Two more customers of Islami Bank Bangladesh PLC have been awarded motorcycles under an ongoing remittance festival campaign run in partnership with Ria Money Transfer, as the initiative continues to attract attention during the holy month of Ramadan. The latest announcement confirms the selection of the 19th and 20th winners, who were chosen through a […]
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Lloyds App Data Exposure Incident Lloyds App Data Exposure Incident

Lloyds App Data Exposure Incident

A major UK financial services group, Lloyds Banking Group, has disclosed that a software malfunction affecting its mobile banking platforms led to the potential exposure of sensitive customer information belonging to nearly half a million users. The issue has prompted renewed scrutiny of digital banking security standards and the resilience of large-scale financial technology systems. […]
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Hidden Trade Flows Bangladeshs 6.83 Billion Outflow Hidden Trade Flows: Bangladesh’s $6.83 Billion Outflow

Hidden Trade Flows: Bangladesh’s $6.83 Billion Outflow

Over the past decade, Bangladesh has seen an estimated $6.83 billion illicitly leave the country through trade-related channels. At the current exchange rate of 122 Bangladeshi taka per US dollar, this amounts to more than BDT 833,000 crore. On average, around $683 million is siphoned abroad each year, representing a significant portion of the nation’s […]
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Bangladesh Forex Rates Show Mixed Trends Bangladesh Forex Rates Show Mixed Trends

Bangladesh Forex Rates Show Mixed Trends

Bangladesh’s integration with the global economy continues to deepen, with its trade in goods and services, remittance inflows, and import–export activities increasingly influenced by movements in foreign exchange rates. Economists note that currency valuation now plays a decisive role in shaping financial planning for businesses, overseas workers, and trade-dependent industries across the country. On Sunday, […]
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