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Category: South Asia

Global Markets Slide as US Jobs Cool and Oil Prices Fall Global Markets Slide as US Jobs Cool and Oil Prices Fall

Global Markets Slide as US Jobs Cool and Oil Prices Fall

Global financial markets moved cautiously lower on Tuesday as investors weighed fresh signs of a cooling United States labour market against shifting geopolitical expectations surrounding the war in Ukraine. The combination of softer economic signals from the world’s largest economy and renewed optimism over a potential peace settlement weighed on equities, commodities and currencies, prompting […]
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Central Bank Refuses Bailouts for Failing Lenders Amid Strong Remittance Growth Central Bank Refuses Bailouts for Failing Lenders Amid Strong Remittance Growth

Central Bank Refuses Bailouts for Failing Lenders Amid Strong Remittance Growth

Amid growing public unease over the health and resilience of Bangladesh’s banking system, Bangladesh Bank has adopted a notably firm and carefully articulated position, seeking to remove ambiguity about its role during periods of financial distress. With non-performing loans (NPLs) continuing to climb and several commercial banks showing signs of acute vulnerability, the central bank […]
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news thumbnail 1765957602948 Innovative Solutions Could Bridge Asia’s Insurance Gap

Innovative Solutions Could Bridge Asia’s Insurance Gap

Asia is confronting an escalating insurance crisis, with protection gaps widening at an alarming rate. A recent survey by the Global Asia Insurance Partnership (GAIP) across twelve Asian markets reveals a stark reality: since 2017, the health insurance gap has surged by 21% to $258 billion, while life insurance shortfalls have expanded even faster, rising […]
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news thumbnail 1765953264772 Central Bank Introduces Comprehensive Damaged Note Policy

Central Bank Introduces Comprehensive Damaged Note Policy

In a decisive move to safeguard the interests of the public, Bangladesh Bank has unveiled a comprehensive new policy designed to address the challenges faced by customers holding damaged, torn, or burnt banknotes. Under the updated regulations, individuals can now exchange deteriorated currency for its full or proportional value, depending on the condition of the […]
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news thumbnail 1765950961278 Salman & Anisul in Court Today: Major Charges Ahead

Salman & Anisul in Court Today: Major Charges Ahead

Today, the International Crimes Tribunal-1 (ICT-1) in Bangladesh is set to hear formal charges against Salman F. Rahman and Anisul Haque, amid allegations tied to the violent suppression of the July–August protests. The tribunal will consider five key allegations, ranging from curfew enforcement that allegedly targeted student protestors to threats issued at Ganabhaban meetings attended […]
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news thumbnail 1765950339205 IDRA and BIA Discuss Proposed Insurance Law Amendments

IDRA and BIA Discuss Proposed Insurance Law Amendments

In a pivotal move aimed at modernising and enhancing the effectiveness of Bangladesh’s insurance sector, a high-level meeting was held between the Insurance Development and Regulatory Authority (IDRA) and the Bangladesh Insurance Association (BIA) working committee. The discussion took place on Sunday, 14 December, at the IDRA headquarters in Dhaka, signalling a significant step toward […]
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