Category: Business

Sri Lanka Launches Nationwide Farmer Insurance Drive

February 4, 2026

Sri Lanka’s Agricultural and Agrarian Insurance Board (AAIB) has announced that February 2026 will be designated as “Insurance Month” for farmers, with a nationwide campaign aimed at expanding access to crop insurance. Operating under the Ministry of Agriculture, Lands, Livestock, and Irrigation, the AAIB intends the month-long initiative to both encourage farmer enrolment and educate […]

Sri Lankan Students to Receive Disaster Insurance Support

February 4, 2026

In the aftermath of the severe weather events that affected Sri Lanka in November and December 2025, school students impacted by the disasters will receive enhanced support under the government-backed Suraksha Sisu insurance programme. The scheme, managed by the Sri Lanka Insurance Corporation General, aims to safeguard the health, education, and well-being of the country’s […]

GIFT City’s Rise as Reinsurance Powerhouse

February 4, 2026

India’s long-standing ambition to position Gujarat International Finance Tec-City (GIFT City) as a globally competitive financial centre is gaining clear momentum, with the reinsurance sector emerging as one of its strongest pillars. What was once articulated largely as a policy aspiration is now translating into measurable market activity, as an expanding roster of international reinsurers […]

Bangladesh Bank Boosts Dollar Purchases Significantly

February 4, 2026

In a decisive move to maintain the country’s foreign currency reserves, Bangladesh Bank purchased a total of USD 171 million from 16 commercial banks on Wednesday, 4 February. The central bank set the cut-off rate at BDT 122.30 per US dollar, which simultaneously served as the official exchange rate for the transaction. According to a […]

Mobile Balance Digital Purchase Limit Raised

February 4, 2026

Bangladesh Bank has announced a significant increase in the limit for purchasing digital products and services using mobile phone balances, in a move aimed at promoting digital transactions and enhancing accessibility to both government and private services. Under the new guidelines, a customer can now spend up to Tk 2,000 per month and a maximum […]

NBR Halves Holding Tax on NSC Interest

February 4, 2026

The National Board of Revenue (NBR) has recently announced a reduction in the holding tax imposed on interest from National Savings Certificates (NSC), a move aimed at benefiting small and medium-income investors across Bangladesh. Under the revised regulations, interest on NSC investments up to BDT 500,000 will now attract a 5% holding tax, down from […]

Philippines-Mongolia Expand Deposit Insurance Cooperation

February 4, 2026

The Philippines and Mongolia have taken a historic step in strengthening financial sector resilience through a landmark agreement between their respective deposit insurance agencies. The Philippines’ Deposit Insurance Corporation (PDIC) and Mongolia’s Deposit Insurance Corporation (DICoM) have entered into a first-of-its-kind partnership, aimed at enhancing mutual expertise, operational efficiency, and financial stability. The agreement was […]

Remittance Surge Signals Structural Shift

February 4, 2026

Bangladesh has received a welcome boost to its economy with a sharp acceleration in remittance inflows at the very start of February, reinforcing hopes of a more durable recovery in the external sector. In just the first two days of the month, expatriate Bangladeshis sent home approximately USD 326 million, averaging about USD 163 million […]

Senior Appointments as Bangladesh Bank Elevates Directors

February 3, 2026

In a strategic reshuffle of its senior leadership, Bangladesh Bank has announced the promotion of three veteran officials to the rank of Additional Director. The news was formalised through a circular issued by the central bank’s Human Resources Department-1 on Monday, 3 February 2026. Among the prominent elevations is Mohammad Shahin Akter, a seasoned regulator […]

Sri Lanka Expands Crop Insurance Amid Environmental Shocks

February 3, 2026

The Democratic Socialist Republic of Sri Lanka is set to significantly bolster its agricultural safety net in response to a volatile climate and increasing human-wildlife conflict. The Agricultural and Agrarian Insurance Board (AAIB) has announced the launch of a dedicated “Insurance Month,” commencing in February 2026, aimed at dramatically expanding the coverage available to the […]

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Category: Business

Sri Lanka Launches Nationwide Farmer Insurance Drive

Sri Lankan Students to Receive Disaster Insurance Support

GIFT City’s Rise as Reinsurance Powerhouse

Bangladesh Bank Boosts Dollar Purchases Significantly

Mobile Balance Digital Purchase Limit Raised

NBR Halves Holding Tax on NSC Interest

Philippines-Mongolia Expand Deposit Insurance Cooperation

Remittance Surge Signals Structural Shift

Senior Appointments as Bangladesh Bank Elevates Directors

Sri Lanka Expands Crop Insurance Amid Environmental Shocks

Most Read

Stolen Laptop Belonging to German Tourist Recovered in Natore

Sajek Valley Closed to Tourists Indefinitely Over Safety Concerns

Police Recover 17 Improvised Explosives Hidden in Chapainawabganj Orchard

Slain Vegetable Vendor Found Slit-Throat in Nawabganj Bushes

Man Confesses to Horrific Rape and Murder of Female Worker

BNP Supporters Target Awami League Cadres at Former Chhatra League Leader’s Funeral

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