Author: Sakib

Asia Disaster Losses Highlight 92% Insurance Gap

Asia Disaster Losses Highlight 92% Insurance Gap

In 2025, natural catastrophes across Asia resulted in $5.2 billion in insured losses, according to the April “sigma” report published by Swiss Re. This figure, while significant, represents only a small portion of the total economic impact, as 92% of the regional loss burden remained uninsured. This substantial protection gap is particularly prevalent in lower-income […]
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Vehicle Fire in Dhaka Farmgate Vehicle Fire in Dhaka Farmgate

Vehicle Fire in Dhaka Farmgate

A moving private car caught fire in the Farmgate area of Dhaka on Tuesday morning, causing brief disruption to traffic but no casualties. The incident occurred at around 10:00 am on 6 May in front of the Anand Cinema traffic box on the main road under Tejgaon Police Station jurisdiction. The vehicle, bearing registration number […]
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Sonali Bank Reports Record Profit 2025

Sonali Bank Reports Record Profit 2025

Sonali Bank, the largest state-owned commercial bank in Bangladesh, has posted a record net profit of Tk1,313 crore for the financial year 2025, according to its audited financial statements. This represents a 33 per cent increase compared with the previous year. The bank’s performance for the year shows a pronounced divergence between its investment income […]
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Janata Bank Reports Tk3,931cr Loss

Janata Bank Reports Tk3,931cr Loss

State-owned Janata Bank has reported a loss of Tk3,931 crore for the financial year 2025, marking a 28 per cent increase compared with the previous year, according to its audited financial statements. The results point to a continued deterioration in the bank’s financial performance, particularly in profitability and asset quality indicators. The audited accounts show […]
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