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Tag: Economy

Shimbant Bank Announces Officer Recruitment Shimbant Bank Announces Officer Recruitment

Shimbant Bank Announces Officer Recruitment

Shimbant Bank PLC has formally announced a new recruitment drive for the position of Probationary Officer, opening a significant gateway for aspiring banking professionals across the country. The institution has confirmed that the number of available posts has not been fixed, indicating a flexible hiring approach based on merit and organisational requirements. This opportunity is […]
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Prime Bank Partners Ray White 1 Prime Bank Partners Ray White

Prime Bank Partners Ray White

Prime Bank PLC has entered into a strategic partnership with Ray White Limited, aiming to enhance customer experience by offering exclusive lifestyle benefits, discounts, and priority services across selected products and services. The collaboration is designed to extend the bank’s value proposition beyond conventional financial services, aligning with the growing trend of lifestyle-oriented banking. The […]
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Central Bank Seeks Islami Stability Central Bank Seeks Islami Stability

Central Bank Seeks Islami Stability

The central bank of Bangladesh has made it clear that no form of political activity or external influence will be permitted in relation to Islami Bank Bangladesh PLC, emphasising the need to preserve stability within one of the country’s largest private commercial lenders. Speaking on Monday, a spokesperson for Bangladesh Bank, Arif Hossain Khan, confirmed […]
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CPD Flags Tax Inequality in Budget 2 CPD Flags Tax Inequality in Budget

CPD Flags Tax Inequality in Budget

The Centre for Policy Dialogue (CPD) has stated that the proposed budget for the 2026–27 fiscal year reflects significant disparities in the personal income tax structure within the private sector. According to the research organisation, the new tax framework places a comparatively higher burden on lower-income taxpayers, while the increase in tax liability for higher-income […]
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Banking Stability Reassurance Issued Banking Stability Reassurance Issued

Banking Stability Reassurance Issued

Islami Bank Bangladesh PLC has issued a precautionary statement aimed at restoring customer confidence and ensuring the full normalisation of its banking operations, following recent liquidity-related concerns and public uncertainty. In a notice released on Saturday (20 June), the bank stated that its operations are steadily returning to normal after experiencing temporary liquidity pressure. According […]
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Bangladesh Currency Rates Updated Daily Bangladesh Currency Rates Updated Daily

Bangladesh Currency Rates Updated Daily

Across the globe, over ten million Bangladeshis reside and work in various countries, forming one of the largest expatriate communities in the world. Their remittances play a vital role in strengthening Bangladesh’s foreign exchange reserves and supporting household incomes across rural and urban areas alike. Alongside remittance inflows, the country’s import–export dynamics and shifts in […]
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Indias General Insurance Premiums Rise Strongly 2 India’s General Insurance Premiums Rise Strongly

India’s General Insurance Premiums Rise Strongly

India’s general insurance sector continued its upward trajectory in May 2026, supported primarily by sustained expansion in health insurance. Total gross direct premium income (GDPI) of general insurers rose by 8.7 per cent year-on-year to ₹24,194.56 crore, reflecting steady demand despite broader economic variability. According to provisional data released by the General Insurance Council, the […]
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Restaurant VAT Reform Demand Intensifies Restaurant VAT Reform Demand Intensifies

Restaurant VAT Reform Demand Intensifies

The Bangladesh Restaurant Owners Association has called for immediate and comprehensive reform of what it describes as a fragmented and inequitable value-added tax (VAT) system governing the country’s food service industry. According to the association, the existing structure creates significant distortions between different segments of the sector, placing formally registered restaurants at a competitive disadvantage […]
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Foreign Exchange Rates Shape Economy Foreign Exchange Rates Shape Economy

Foreign Exchange Rates Shape Economy

The daily movement of foreign exchange rates has become a matter of growing importance for Bangladesh’s economy, trade sector, and household incomes, driven largely by the expanding global footprint of Bangladeshi expatriates and the steady rise in international commercial activity. Remittances sent by overseas workers play a vital role in sustaining the country’s foreign currency […]
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Insurers Raise Dividends Amid Mixed Cash Flow Trends 1 Insurers Raise Dividends Amid Mixed Cash Flow Trends

Insurers Raise Dividends Amid Mixed Cash Flow Trends

Two listed non-life insurance companies, Bangladesh National Insurance Company and Central Insurance Company, have announced cash dividends for the financial year ended 31 December 2025, following improvements in earnings and net asset values. While both insurers reported growth in key profitability indicators, their cash flow performances moved in different directions. Bangladesh National Insurance Company has […]
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