Category: Business

Central Bank Mandates Valid Work Permits for Expatriate Bank Accounts

Central Bank Mandates Valid Work Permits for Expatriate Bank Accounts

Foreign nationals working in Bangladesh will now be required to present valid, up-to-date work permits to open and operate local bank accounts, following new regulatory directives issued by Bangladesh Bank. The central bank emphasised that financial institutions across the nation must stringently enforce existing Know Your Customer (KYC) verification procedures for individuals holding ‘A3’ and […]
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Bangladesh Foreign Exchange Rates Todays Currency Conversion Table Bangladesh Foreign Exchange Rates: Today's Currency Conversion Table

Bangladesh Foreign Exchange Rates: Today’s Currency Conversion Table

Global trade dynamics and international commerce involving Bangladesh continue to expand steadily, reflecting the nation’s growing integration into the worldwide marketplace. As bilateral trade volumes rise, the daily volume of cross-border currency transactions increases in parallel, making up-to-date exchange rates essential for businesses, expatriates, and financial analysts alike. Foreign exchange rates fluctuate constantly in response […]
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Bangladesh and India Aim to Revitalise Economic Partnership Bangladesh and India Aim to Revitalise Economic Partnership

Bangladesh and India Aim to Revitalise Economic Partnership

Bangladesh and India are stepping up efforts to transform geographical proximity into tangible economic advantages. Trade, investment, and industrial cooperation took centre stage during recent high-level discussions in Dhaka, where policymakers and business leaders explored ways to deepen bilateral ties. Khondakar Abdul Muktadir, the Commerce Minister, met with a delegation from the Confederation of Indian […]
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Deal Insurance Demand Rises as Buyers Guard Against MA Risks Deal Insurance Demand Rises as Buyers Guard Against M&A Risks

Deal Insurance Demand Rises as Buyers Guard Against M&A Risks

Demand for representation and warranty insurance (R&W), also known as warranty and indemnity (W&I) insurance, is projected to surge across global mergers and acquisitions in 2026. The growing reliance on transaction risk insurance highlights a cautious return of dealmaker confidence, even as corporate boards navigate persistent geopolitical friction, complex regulatory scrutiny, and widening valuation expectations. […]
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No Central Bank Policy Support for Debtors Suing Financial Regulators No Central Bank Policy Support for Debtors Suing Financial Regulators

No Central Bank Policy Support for Debtors Suing Financial Regulators

The central bank of Bangladesh has issued a stern directive instructing all non-bank finance companies in the country to withhold policy support and financial stimulus packages from any corporate borrower or client actively engaged in litigation against the government, Bangladesh Bank, or the lending institutions themselves. Under the new mandate, delinquent borrowers and client entities […]
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Bangladesh Proposes Up To 100 Rise In Basic Pay Bangladesh Proposes Up To 100% Rise In Basic Pay

Bangladesh Proposes Up To 100% Rise In Basic Pay

The proposed ninth national pay scale for government employees recommends increases of up to 100 per cent in basic salaries across the existing 20-grade structure, marking a significant potential revision to the country’s public-sector remuneration system. The proposed structure is expected to be implemented in two stages. Under the plan, the revised basic salaries would […]
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Surge in Transaction Insurance Signals Resilient Global M&A Appetite

Surge in Transaction Insurance Signals Resilient Global M&A Appetite

Global mergers and acquisitions (M&A) are set to experience a substantial revival in 2026, supported by renewed executive confidence and focused strategic investment. However, to navigate persistent regulatory scrutiny, geopolitical friction, and valuation friction, corporate buyers and institutional investors are increasingly turning to specialized transactional risk insurance to safeguard capital deployments. According to the fourth […]
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