Category: Business

policyholders left waiting as life insurers accumulate thousands of crores in arrears Policyholders Left Waiting as Life Insurers Accumulate Thousands of Crores in Arrears

Policyholders Left Waiting as Life Insurers Accumulate Thousands of Crores in Arrears

Bangladesh’s life insurance sector is facing a profound crisis of credibility as a majority of insurers continue to withhold legitimate claim payments from policyholders, triggering widespread concern over regulatory oversight, financial discipline, and consumer protection. Official data reveal that nearly two-thirds of all life insurance claims submitted during the first nine months of the year […]
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private bank officials angered as loss making state banks allowed bonuses Private Bank Officials Angered as Loss-Making State Banks Allowed Bonuses

Private Bank Officials Angered as Loss-Making State Banks Allowed Bonuses

The introduction of separate incentive bonus policies for state-owned and private banks has triggered widespread discontent across Bangladesh’s private banking sector, raising fresh questions about regulatory fairness and workforce morale. Under the newly issued rules, state-owned banks may distribute incentive bonuses to employees even when operating at a loss, provided they obtain approval from the […]
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tensions rise over new bank md appointment rules Tensions Rise Over New Bank MD Appointment Rules

Tensions Rise Over New Bank MD Appointment Rules

Bangladesh’s banking sector has been thrown into fresh uncertainty following the issuance of a new directive by Bangladesh Bank governing the appointment of Managing Directors (MDs) and Chief Executive Officers (CEOs) of commercial banks. The revised policy, unveiled through a recent circular, has triggered widespread debate, unease, and sharp reactions among bankers, regulators, and financial […]
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south carolina nuclear plants considered for revival South Carolina Nuclear Plants Considered For Revival

South Carolina Nuclear Plants Considered For Revival

South Carolina’s long-dormant nuclear power facilities may be poised for a significant revival, following a recent proposal from private investment firm Brookfield Asset Management. The company has submitted a $2.7 billion bid to state-affiliated utility Santee Cooper, offering the possibility of putting these long-inactive plants back into operation. While discussions are still at a preliminary […]
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bonus policy disparity sparks intense banking sector controversy Bonus Policy Disparity Sparks Intense Banking Sector Controversy

Bonus Policy Disparity Sparks Intense Banking Sector Controversy

A newly introduced dual incentive bonus policy in Bangladesh’s banking sector has ignited widespread discontent and intense debate among industry stakeholders. By instituting separate bonus frameworks for state-owned and private commercial banks, questions have emerged over fairness, transparency, and regulatory equilibrium. Bankers and economists have cautioned that applying divergent standards within the same sector could […]
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