Category: Business

95 Factories Closed in Eight Months, 62,000 People Lost Jobs: CPD

August 24, 2026

The Centre for Policy Dialogue (CPD) has reported that despite certain positive shifts during the new government’s first six months in office, Bangladesh’s economy remains predominantly weighed down by negative trends. A dramatic slump in the industrial sector has seen 95 factories permanently close across three major industrial belts between January and August, leaving 61,881 […]

Gas Shortages Disrupt Refining Output, Driving Up Sugar and Flour Prices

August 24, 2026

Severe natural gas shortages across industrial zones have severely disrupted national refining capacity, triggering sharp supply deficits and price hikes for essential commodities, particularly sugar and packaged wheat flour. Market reports indicate that sugar supplies from domestic refineries have dropped by up to 70 per cent compared to normal levels, creating an immediate ripple effect […]

Rising Staple Prices Leave Everyday Shoppers Struggling Across Bangladesh

August 23, 2026

Markets across Bangladesh continue to experience severe volatility as the cost of essential foodstuffs remains persistently high, placing immense financial strain on low- and middle-income households. From poultry and fish to eggs and fresh produce, nearly every staple commodity has seen its price skyrocket in recent weeks. The sharp increase in living expenses has left […]

NGX Suspends Universal Insurance Shares Following Licence Revocation

August 23, 2026

Trading in the shares of Universal Insurance Plc has been officially suspended by the Nigerian Exchange Limited (NGX). This regulatory action follows the recent revocation of the company’s operational licence by the National Insurance Commission (NAICOM) due to its failure to meet mandatory minimum capital requirements. The suspension took effect in strict alignment with the […]

National Life Insurance Settles Claims Worth 72.5 Million Taka

August 23, 2026

National Life Insurance Company Limited, one of the premier life insurance providers in Bangladesh, has disbursed insurance claims totalling 72.5 million BDT during a major corporate convention held at Narsingdi. Organised jointly by the company’s Greater Dhaka, Gouripur, Brahmanbaria, and Sylhet administrative areas, the event combined claim settlements with an annual performance conference and awards […]

Bangladesh Bank to Launch Collateral-Free Loans for Youth

August 22, 2026

Bangladesh Bank is set to roll out a BDT 10 billion collateral-free lending scheme titled “Udyog” later this month, creating new avenues of commercial credit for young entrepreneurs. The initiative aims to provide low-cost financing to the younger generation, honouring the aspirations of the youth who spearheaded the July-August 2024 mass uprising. According to central […]

Gold Prices Hit Record High Crossing BDT 240,000 Mark

August 22, 2026

Gold prices in Bangladesh have climbed to unprecedented levels following the latest upward revision by trade authorities, with retail markets trading at the newly established rates on Saturday, 22 August. The Bangladesh Jewellers’ Association (BAJUS) announced the price hike on the morning of 20 August, citing a sharp increase in the price of pure gold […]

Bangladesh Bank Issues Guidelines to Recover Defaulted Loans via Mediation

August 21, 2026

Bangladesh Bank has introduced an institutional framework to settle non-performing loan disputes through mediation, steering the financial sector away from protracted courtroom litigation. Under the initiative, the central bank will enlist qualified mediation firms to handle dispute resolution between lending institutions and defaulting borrowers, establishing a structured mechanism for Alternative Dispute Resolution (ADR) across the […]

HDI Global Half-Year Net Income Climbs Seven Per Cent

August 21, 2026

Industrial insurer HDI Global posted a seven per cent rise in net income for the first half of 2026, driven by resilient technical underwriting performance and substantial gains across its investment portfolio. The corporate and specialty insurance specialist delivered a net profit of $249.6 million (€292 million) during the six-month period, improving on the $234.2 […]

Meghna Life Insurance Approves 15 Percent Dividend at Thirtieth AGM

August 20, 2026

Shareholders of Meghna Life Insurance PLC have unanimously approved a 15 per cent cash dividend for the 2025 financial year during the company’s 30th Annual General Meeting (AGM). The virtual meeting commenced at 11:00 AM on Thursday, 20 August, bringing together board members, executive management, and shareholders from across the country. Nizam Uddin Ahmed, Chairman […]

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Category: Business

95 Factories Closed in Eight Months, 62,000 People Lost Jobs: CPD

Gas Shortages Disrupt Refining Output, Driving Up Sugar and Flour Prices

Rising Staple Prices Leave Everyday Shoppers Struggling Across Bangladesh

NGX Suspends Universal Insurance Shares Following Licence Revocation

National Life Insurance Settles Claims Worth 72.5 Million Taka

Bangladesh Bank to Launch Collateral-Free Loans for Youth

Gold Prices Hit Record High Crossing BDT 240,000 Mark

Bangladesh Bank Issues Guidelines to Recover Defaulted Loans via Mediation

HDI Global Half-Year Net Income Climbs Seven Per Cent

Meghna Life Insurance Approves 15 Percent Dividend at Thirtieth AGM

Most Read

Tragedy in Dhaka: Nine-Year-Old Orphaned by Dengue After Mother Dies Days After Birth

Measles Outbreak Escalates in Bangladesh as Death Toll Surpasses 1,000

Traditional Healing Ritual Ends in Death of Disabled Teenager

Factional Rift Surfaces in Indian Women’s Cricket Following Leadership Shake-Up

Russia Launches Deadly Barrage Across Ukraine on Putin’s Birthday

Dengue Crisis Deepens as Bangladesh Records 10 Deaths

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