In Bangladesh, cash held outside the formal banking system soared sharply in January, as public unease with banks deepened and withdrawals spiked ahead of the national election scheduled for 12 February. According to data from Bangladesh Bank, the currency circulating outside banks rose by Tk 40,982 crore in just two months, climbing to Tk 3,10,000 […]

Desh General Insurance Company Limited has settled an insurance claim for Max Group following a fire at the Cargo Village of Shahjalal International Airport, highlighting the firm’s commitment to prompt and fair compensation. According to an official press release, the payout covers two marine cargo claims submitted by Max Group after the incident. On Sunday, […]

Bangladesh’s customs administration has witnessed a significant round of transfers, with 38 senior and mid-level officials reassigned in a single, coordinated move. The reshuffle includes commissioners, joint commissioners, additional commissioners, deputy commissioners and assistant commissioners, reflecting a broad effort by the authorities to refresh leadership, redistribute expertise and strengthen operational effectiveness across the country’s customs […]