All financial institutions across Bangladesh will remain closed for four consecutive days in February in observance of the upcoming 13th National Parliamentary Election and national referendum. The announcement was made on Tuesday, 3 February, by the Department of Financial Institutions and Markets (DFIM) under Bangladesh Bank. According to the DFIM notice, the Ministry of Public […]

Bangladesh faces a climate emergency. Floods submerge crops, saltwater intrusion renders paddy fields unproductive, and cyclones ravage coastlines. While the nation has emerged as a global leader in climate adaptation—deploying early warning systems, planting mangroves, and raising homes—the financial protection against climate shocks remains underdeveloped. “Climate risk insurance” is a critical tool to safeguard livelihoods, […]