Premier Bank Ousts CEO Following Central Bank Approval
Premier Bank PLC has formally terminated the contract of its Managing Director and Chief Executive Officer, Md Abu Jafar, following …
economy
Intact Insurance Joins Team Canada as Olympic Partner
Intact Insurance has officially inaugurated a prestigious new chapter in its corporate legacy, transitioning from a dedicated supporter of speed …
Santander Strengthens U.S. Presence with Webster Acquisition
Spanish banking giant Santander has announced its acquisition of U.S.-based regional bank Webster Financial for $12.2 billion, marking a major …
UBS Reports 56% Profit Surge, Plans Further Share Buybacks
Swiss banking giant UBS announced on Wednesday that its fourth-quarter net profit soared 56% year-on-year, significantly exceeding analyst expectations. The …
Sri Lanka Declares February “Farmers’ Insurance Month”
Sri Lanka’s Agricultural and Agrarian Insurance Board (AAIB) has officially declared February 2026 as “Farmers’ Insurance Month”, a nationwide initiative …
Sri Lanka Extends Special Insurance to Disaster-Affected Students
In the aftermath of severe natural disasters that struck various regions of Sri Lanka during November and December this year, …
Bangladesh Bank Records Surge in Dollar Purchases
In a significant move to bolster the country’s foreign currency reserves, Bangladesh Bank purchased USD 171 million from 16 local …
NBR Halves Withholding Tax on NSC Interest
The National Board of Revenue (NBR) has recently announced a significant reduction in the withholding tax on interest earned from …
Early February Remittances Deliver Economic Lift
Bangladesh has begun February with a striking surge in remittance inflows, offering a timely boost to an economy that has …
Central Bank Appoints Three New Additional Directors
In a significant administrative reshuffle aimed at strengthening its regulatory oversight, Bangladesh Bank has announced the promotion of three senior …