Category: Business

prime bank and wekon forge strategic housing alliance Prime Bank and Wekon Forge Strategic Housing Alliance

Prime Bank and Wekon Forge Strategic Housing Alliance

Prime Bank PLC and Wekon Properties Limited have recently formalised a strategic partnership aimed at expanding access to modern, amenity-rich urban housing across Bangladesh. Under this agreement, prospective homeowners and individuals seeking new residences will be able to secure housing loans for Wekon-developed projects on simplified, structured, and cost-effective terms. The signing ceremony took place […]
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trade gap widens amid external gains Trade Gap Widens Amid External Gains

Trade Gap Widens Amid External Gains

Fresh concerns have emerged over the country’s external trade position as the gap between merchandise imports and exports widened markedly in the first half of the 2025–26 fiscal year. Nevertheless, stronger remittance inflows and an overall balance of payments surplus have offered a measure of macroeconomic relief, tempering immediate pressures on foreign exchange reserves. According […]
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india extends relief to russian ship insurers India Extends Relief to Russian Ship Insurers

India Extends Relief to Russian Ship Insurers

New Delhi: The Indian government has granted a one-month interim extension to four Russian insurance companies providing protection and indemnity (P&I) cover for vessels arriving at domestic ports. The Directorate General of Shipping confirmed that Soglasie Insurance Company, UGORIA Group of Insurance Companies, SBERBANK Insurance, and ASTK Insurance will be authorised to offer coverage until […]
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global insurance industry shift Global Insurance Industry Shift

Global Insurance Industry Shift

Between 16 and 20 February, the global insurance industry experienced a series of significant developments spanning leadership transitions, regulatory supervision, strategic restructuring, product innovation, and digital enhancement. Collectively, these movements reflect a sector in measured but determined transformation, particularly across Asian markets where structural evolution continues to gather pace. In leadership developments, Aon Plc. appointed […]
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dai ichi lifes profit outlook upgraded on strong returns Dai-ichi Life's Profit Outlook Upgraded on Strong Returns

Dai-ichi Life’s Profit Outlook Upgraded on Strong Returns

Dai-ichi Life has revised upward its full-year profit forecast, citing improved investment conditions, rising long-term bond yields, and stable policy retention rates. The update, released in an analytical disclosure dated 17 February 2026, reflects stronger-than-expected performance across core financial indicators. For the financial year ending March 2026, the company increased its consolidated profit forecast from […]
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domestic banks lead trade finance Domestic Banks Lead Trade Finance

Domestic Banks Lead Trade Finance

Domestic banks have emerged as decisive leaders in the financing of the country’s external trade, marking a significant structural shift in the financial architecture of import and export transactions. A decade ago, a substantial proportion of trade-related finance was arranged through foreign institutions, largely due to their established international networks, advanced risk-management frameworks, and technological […]
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rising alarm over private bank lending Rising Alarm Over Private Bank Lending

Rising Alarm Over Private Bank Lending

A recent analytical review by the central bank has raised serious concerns over the rapid expansion of credit by private commercial banks, warning that excessive lending is generating fresh risks to financial stability. The report identifies a convergence of three principal pressures: lending beyond regulatory ceilings, a persistent rise in non-performing loans, and a deceleration […]
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bangladesh bank prepares pre eid liquidation for nbfis Bangladesh Bank Prepares Pre-Eid Liquidation for NBFIs

Bangladesh Bank Prepares Pre-Eid Liquidation for NBFIs

The Bangladesh Bank is poised to initiate the formal liquidation of six distressed Non-Bank Financial Institutions (NBFIs) before the upcoming Eid-ul-Fitr holidays, marking a decisive step in purging the country’s financial sector of systemic corruption and mismanagement. According to senior central bank officials, the timeline for this unprecedented move is now contingent upon the release […]
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five companies plunge bangladesh insurance industry Five Companies Plunge Bangladesh Insurance Industry

Five Companies Plunge Bangladesh Insurance Industry

The Bangladeshi insurance sector is teetering on the brink of crisis as five life insurance companies face allegations of mismanagement, irregularities, and corruption, undermining public confidence in the entire industry. According to the latest data, the total unsettled insurance claims across the country’s 36 life insurance firms amount to BDT 4,375 crore. Alarmingly, five companies […]
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