Category: State

Bank Asia to Acquire Alfalah Unit Bank Asia to Acquire Alfalah Unit

Bank Asia to Acquire Alfalah Unit

One of Pakistan’s leading commercial lenders, Bank Alfalah, has initiated a strategic withdrawal from Bangladesh, paving the way for Bank Asia Limited to acquire its local operations. The proposed transaction, already endorsed by shareholders, marks a notable development in South Asia’s cross-border banking landscape. Bank Alfalah maintains a substantial domestic footprint, operating more than 1,000 […]
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Insurance Sector Expands with Partnerships, Tech Boost

Insurance Sector Expands with Partnerships, Tech Boost

The insurance industry experienced a notably active week from 23 to 27 March 2026, as companies announced new partnerships, product launches, and expanded technology investments. Hiring trends remain stable, mergers and acquisitions continue to recover, and leaders maintain cautious optimism amid ongoing economic, technological, and environmental challenges. New Collaborations and Product Innovations Several high-profile collaborations […]
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Weaknesses Exposed in Bangladesh Insurance Sector Weaknesses Exposed in Bangladesh Insurance Sector

Weaknesses Exposed in Bangladesh Insurance Sector

Recent developments in Bangladesh’s insurance sector have brought to light persistent vulnerabilities, particularly in the life insurance segment, despite existing legal frameworks and regulatory oversight. Growing reports of irregularities and fraudulent practices have renewed focus on the sector’s structural challenges. At present, insurance fraud is mainly governed by the Insurance Act 2010 and the Penal […]
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Small Depositors Sustain Bangladesh’s Banks

Small Depositors Sustain Bangladesh’s Banks

Small and medium-sized depositors remain the driving force behind Bangladesh’s banking sector, supporting the stability and growth of financial institutions across the country. Banks are increasingly leveraging digital platforms, simplified account procedures, and customer-centric initiatives to attract these deposits. In addition, remittances sent by overseas Bangladeshis continue to play a significant role in expanding the […]
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ADB Raises Alarm on Remittance Flows

ADB Raises Alarm on Remittance Flows

Bangladesh’s remittance earnings—long regarded as a pillar of macroeconomic stability—may come under strain as intensifying conflict in the Middle East disrupts labour markets and migrant incomes, warns a recent report by the Asian Development Bank. The findings highlight how geopolitical shocks in distant regions can reverberate sharply across South Asian economies. According to the report, […]
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Synthetic Fraud Boom Raises Alarm for APAC Businesses Synthetic Fraud Boom Raises Alarm for APAC Businesses

Synthetic Fraud Boom Raises Alarm for APAC Businesses

Organisations across the Asia-Pacific (APAC) region are confronting a rapidly intensifying fraud landscape, as cybercriminals deploy increasingly advanced techniques ranging from synthetic identities to highly sophisticated automated attacks. The latest findings indicate that the scale, speed, and complexity of digital fraud are escalating, compelling businesses to reassess their cyber defence strategies and risk management frameworks. […]
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Insurers Intensify AI Push as Confidence Rises Despite Mounting Risks Insurers Intensify AI Push as Confidence Rises Despite Mounting Risks

Insurers Intensify AI Push as Confidence Rises Despite Mounting Risks

Chief executives across the global insurance industry are accelerating investment in artificial intelligence (AI), signalling a decisive shift towards technology-led growth as firms navigate economic uncertainty, climate pressures, and an increasingly complex risk environment. While challenges persist, industry leaders remain notably confident about future prospects, underpinned by strong belief in digital transformation. A recent global […]
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Taka Exchange Rates Update Taka Exchange Rates Update

Taka Exchange Rates Update

Bangladesh’s economic integration with the global market continues to deepen, driven by rising volumes of imports and exports, expanding remittance inflows, and increasing international financial transactions. As a result, close monitoring of foreign exchange rates has become essential for businesses, investors, and consumers alike. Fluctuations in currency values directly influence import costs, energy prices, industrial […]
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