The American International University-Bangladesh (AIUB) has formally signed a group insurance agreement with the Protective Islami Life Insurance, marking a new collaborative arrangement intended to extend insurance-linked benefits to members of the university community. The agreement establishes a structured framework through which policyholders associated with AIUB will be able to access a range of healthcare […]

Bangladesh Bank has verbally instructed commercial banks to further reduce the rate at which they purchase US dollars, in a continued effort to manage stability in the foreign exchange market, according to official sources. Under the latest instruction, commercial banks have been directed to cap the buying rate for remittances from money exchange houses at […]