BFIU Orders Anti-Corruption Pledges for Bank Chiefs
In a robust effort to tighten regulatory discipline and rebuild credibility in the financial sector, the Bangladesh Financial Intelligence Unit …
Business
Heightened Vigilance Urged Over Eid Cash
As the festival of Eid al-Adha approaches, the country’s central bank has issued a renewed warning over large cash transactions …
Group Insurance Deal Signed Between AIUB and Protective Life Insurance
The American International University-Bangladesh (AIUB) has formally signed a group insurance agreement with the Protective Islami Life Insurance, marking a …
Everest Insurance Fraud Network Exposed
A coordinated insurance fraud operation has been uncovered in the Everest region of Nepal, affecting foreign trekkers and raising concerns …
Bangladesh Bank sets dollar purchase ceiling, draws criticism
Bangladesh Bank has verbally instructed commercial banks to further reduce the rate at which they purchase US dollars, in a …
City Bank, Water.org join hands for sanitation financing in Bangladesh
City Bank PLC and Water.org have entered a two-year partnership in Bangladesh to improve access to safe drinking water and …
Community Bank Inaugurates SICIP EDP Programme
Community Bank Bangladesh PLC has formally launched an Entrepreneurship Development Program (EDP) under the Skills for Industry Competitiveness and Innovation …
Tax Compliance Faces Major Shortfall
The government is confronting a significant challenge in meeting its income tax collection targets, as a substantial proportion of registered …
Bangladesh Currency Rates Reflect Global Trade Dynamics
Bangladesh’s trade and financial relations with the global economy continue to expand steadily, driven by rising volumes of imports and …
Cyber Insurance Gaps in Bangladesh
The increasing reliance on digital communication platforms has led to a parallel rise in social media account hacking incidents in …