In a decisive move to bolster the nation’s maritime engineering sector, Bangladesh Bank has unveiled a highly concessional debt rescheduling policy for export-oriented and local shipbuilding industries. Under the new directive, struggling entrepreneurs can now regularise their defaulted loans by providing a down payment of just 3%, with the added benefit of a decade-long repayment […]

In a landmark move to restore public confidence and champion corporate transparency, the Insurance Development and Regulatory Authority (IDRA) has officially announced the recipients of the IDRA Insurance Excellence Award 2025. This inaugural initiative seeks to distinguish insurers who have demonstrated peerless governance, regulatory compliance, and customer-centric management within the Bangladeshi market. A New Benchmark […]

Ghazipur’s Nird Resort and Restaurant recently hosted the 2026 Branch Managers’ Conference of Islami Commercial Insurance PLC, marking a significant milestone in the company’s strategic and operational calendar. The event, presided over by Chief Executive Officer Kazi Mokarram Dastgir, brought together branch managers from across the country along with the company’s senior leadership team. Designed […]

The Insurance Development and Regulatory Authority of Bangladesh (IDRA) has recently issued updated guidelines establishing the Full Insured Value (FIV) for motor vehicle insurance. The new directive aims to enhance transparency, reliability, and accuracy in insurance premium calculations, claims settlement, and overall information management within the sector. Under the revised framework, the FIV for new […]

Bangladesh Bank Governor Ahsan H. Mansur has urged the country’s corporate sector to actively pursue overseas investment, highlighting the strengthening domestic economy and the stabilisation of the nation’s foreign exchange reserves as key enablers for international expansion. He made these remarks on Monday evening at a seminar held in Gulshan, Dhaka, jointly organised by Policy […]

In a significant move to overhaul the regulatory landscape of the national insurance sector, the Financial Institutions Division (FID) of the Ministry of Finance has convened two high-priority meetings today, Monday, 19 January 2026. The sessions are dedicated to reviewing the proposed amendments to the Insurance Act 2010 and the newly drafted Insurers’ Resolution Ordinance […]

In a landmark achievement for the Shari’ah-based insurance sector, Bengal Islami Life Insurance Limited has officially surpassed the 100-crore BDT premium collection milestone for the fiscal year 2025. This significant accomplishment was celebrated on Saturday, 18 January 2026, at a prestigious ceremony held at the TCB Auditorium in Karwan Bazar, Dhaka. A Reflection of Ethical […]

The Governor of the Bangladesh Bank, Ahsan H. Mansur, has expressed high confidence that the nation’s foreign exchange reserves will exceed the $35 billion mark by the end of the current fiscal year. Speaking at a seminar on Monday, 19 January 2026, the Governor highlighted that this milestone is achievable through organic economic growth and […]

The Financial Institutions Division of the Ministry of Finance has officially promulgated a comprehensive new policy governing the appointment, promotion, and posting of top-tier executives across fourteen major state-owned entities. This directive, issued on Sunday, 18 January 2026, supersedes the previous regulations from 2023, signalling a robust shift towards meritocracy and transparency in the nation’s […]

Al-Arafah Islami Bank PLC has strengthened its top management team with the appointment of Sayed Abul Hashem as Deputy Managing Director (DMD) and Chief Financial Officer (CFO), marking a significant addition to the bank’s executive leadership. Widely respected in the banking and finance sector, Hashem brings with him more than 26 years of professional experience, […]