Category: South Asia

Iran Executes Two Over Security Charges Iran Executes Two Over Security Charges

Iran Executes Two Over Security Charges

Iran has carried out the execution of two men convicted of involvement with what authorities described as a “terrorist” organisation accused of threatening national security. The executions were confirmed through reports published on Thursday by the semi-official Iranian news agency Tasnim and later cited by international broadcaster Al Jazeera. According to the reports, the two […]
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Decline in Credit Guarantee Insurance Facing Bangladesh RMG

Decline in Credit Guarantee Insurance Facing Bangladesh RMG

The ready-made garment (RMG) sector in Bangladesh, which serves as the nation’s primary source of foreign currency earnings, is currently facing cumulative pressures from global economic slowdowns, inflation, and geopolitical volatility. This challenging environment is further compounded by a sharp decline in export credit guarantee insurance, which significantly escalates the financial risks within the country’s […]
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Why was Mushtaq Ahmed saddened despite Bangladeshs victory 1 Why was Mushtaq Ahmed saddened despite Bangladesh’s victory?

Why was Mushtaq Ahmed saddened despite Bangladesh’s victory?

Bangladesh secured a historic Test series victory over Pakistan in Sylhet, marking a significant milestone in their red-ball cricket history. With this result, Bangladesh have now defeated Pakistan in four consecutive Tests, becoming only the second side after Zimbabwe to suffer such a sequence against them. It also represents Bangladesh’s first-ever run of four successive […]
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Insurance Claims Settled for Deceased DRU Members

Insurance Claims Settled for Deceased DRU Members

National Life Insurance Company Limited has processed and settled the group life insurance death claims for two deceased members of the Dhaka Reporters Unity (DRU). The financial payouts were executed under the mutual group insurance policy enacted to safeguard the welfare of the organisation’s members. The formal cheque handover ceremony was conducted on Tuesday, 19 […]
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Monetary Policy Debate Divides Central Bank Officials

Monetary Policy Debate Divides Central Bank Officials

Bangladesh Bank is currently deliberating whether to lower policy interest rates in its forthcoming monetary policy statement. Internal discussions have revealed deep structural divisions among senior officials regarding how prevailing interest rates impact private investment, inflationary pressure, and overall gross domestic product (GDP) growth. The policy impasse was debated during a high-level consultative meeting chaired […]
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Trust Bank and SenaKalyan Partner for Housing Finance

Trust Bank and SenaKalyan Partner for Housing Finance

Trust Bank PLC and SenaKalyan Constructions & Developments Limited have entered into a strategic partnership through the signing of a Memorandum of Understanding (MoU). The agreement officially establishes a collaborative framework to provide structured House Building Loans to the clientele and stakeholders of both respective organisations. The agreement was formalised during an official signing ceremony […]
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Minister Orders Seven Day Deadline in Ramisa Murder Case 1 Minister Orders Seven-Day Deadline in Ramisa Murder Case

Minister Orders Seven-Day Deadline in Ramisa Murder Case

The Minister for Law, Justice, and Parliamentary Affairs, Anisul Huq, has issued a formal directive to the Dhaka Metropolitan Police (DMP) Commissioner to submit the investigation report regarding the rape and murder of eight-year-old Ramisa Akhtar within seven days. Speaking on Thursday, 21 May, the Law Minister confirmed the instruction, asserting that the government will […]
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Midland Bank Expands CMSME Financing

Midland Bank Expands CMSME Financing

Midland Bank PLC has entered into a refinance participation agreement with Bangladesh Bank for the implementation of two financing programmes designed to support cluster-based businesses and cottage, micro, small and medium enterprises (CMSMEs) in Bangladesh. The agreement relates to the BDT 3,000 crore Cluster Financing Scheme and the BDT 1,500 crore Financial Sector Fund for […]
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