Category: Business

remittances surge to 288 billion in early january Remittances Surge to $2.88 Billion in Early January

Remittances Surge to $2.88 Billion in Early January

Bangladesh has witnessed a remarkable surge in remittance inflows from its expatriate workforce, highlighting the growing economic significance of overseas earnings. In the first three days of January 2026 alone, the country received $2.88 billion (approximately ৳35,136 crore) in remittances, according to Bangladesh Bank spokesperson Arif Hossain Khan, who confirmed the figures on 4 January. […]
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indonesia mandates travel insurance for foreign visitors Indonesia Mandates Travel Insurance for Foreign Visitors

Indonesia Mandates Travel Insurance for Foreign Visitors

In a landmark move, Indonesia’s Financial Services Authority (OJK) has made travel insurance mandatory for all foreign visitors entering the country. The policy aims to provide financial protection against medical emergencies, accidents, and other unforeseen travel-related incidents while simultaneously encouraging innovation and growth within the domestic insurance sector. Ogi Prastomiyano, Head of OJK’s Insurance, Guarantee, […]
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islami bank tops remittance inflows Islami Bank Tops Remittance Inflows

Islami Bank Tops Remittance Inflows

Remittances have long been regarded as one of the most vital pillars of Bangladesh’s economy, underpinning foreign exchange supply, supporting the balance of payments and helping to stabilise foreign currency reserves. In 2025, their importance became even more pronounced as the country navigated a challenging macroeconomic environment marked by dollar shortages, rising import bills and […]
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5 january 2026 current exchange rates 5 January 2026: Current Exchange Rates

5 January 2026: Current Exchange Rates

Bangladesh Bank has released the latest exchange rates of the Bangladeshi Taka (BDT) against major foreign currencies, reflecting fluctuations in the international currency markets and domestic economic developments. The updated rates, published on Monday, 5 January 2026, provide guidance for banks and financial institutions involved in foreign exchange transactions across the country. According to Bangladesh […]
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banks dual legal pressure on borrowers intensifies Banks’ Dual Legal Pressure on Borrowers Intensifies

Banks’ Dual Legal Pressure on Borrowers Intensifies

In Bangladesh, borrowers facing default are increasingly caught in a dual legal web, prompting critics to describe the situation as a form of “double punishment.” Even after losing their assets through civil recovery proceedings, borrowers are simultaneously exposed to criminal liability under the country’s dishonoured cheque laws, including potential arrest and fines. This approach often […]
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ncc bank introduces innovative double benefit scheme NCC Bank Introduces Innovative Double Benefit Scheme

NCC Bank Introduces Innovative Double Benefit Scheme

In a move aimed at promoting a culture of savings and providing long-term financial security to investors, NCC Bank has recently introduced its innovative “Double Benefit Scheme”. The scheme enables customers to gradually grow their principal capital through a combination of an initial deposit and modest monthly contributions, making wealth accumulation accessible to a broader […]
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from january 2026 health insurance will be introduced for all international tourists in georgia From January 2026, health insurance will be introduced for all international tourists in Georgia

From January 2026, health insurance will be introduced for all international tourists in Georgia

From 1 January 2026, Georgia, the picturesque nation straddling Europe and Asia, will introduce a new regulation requiring all international tourists to hold valid health and accident insurance. This measure, enacted through amendments to the Law on Tourism, aims to ensure the safety of visitors and alleviate the financial pressure on local hospitals treating uninsured […]
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banking sector poised for post election recovery Banking Sector Poised for Post-Election Recovery

Banking Sector Poised for Post-Election Recovery

Bangladesh’s banking sector is gradually showing cautious optimism for a post-election recovery in 2026, driven by the prospect of policy clarity, political stability, and improved regulatory oversight. Industry leaders, however, emphasise that while the outlook is positive, challenges remain. The year 2025 proved particularly testing for Bangladesh’s banks. Persistent administrative bottlenecks under the previous government, […]
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