Category: Business

Md. Anisur Rahman Appointed Bangladesh Bank Deputy Governor

July 6, 2026

The government has appointed Md. Anisur Rahman, currently serving as an Executive Director of Bangladesh Bank, as the new Deputy Governor of the nation’s central bank. The senior official has been given a contractual appointment for a tenure of three years, marking a significant transition within the apex bank’s top management tier. The official announcement […]

Twin Earthquakes Hit Venezuela, Raising Fears of Massive Economic Loss

July 6, 2026

Venezuela has been struck by a catastrophic pair of consecutive earthquakes, leaving the nation grappling with an unprecedented humanitarian and financial crisis. The disaster unfolded in less than forty seconds, as a powerful 7.2-magnitude tremor was followed almost instantly by a massive 7.5-magnitude quake. This rapid sequence gave residents and emergency services virtually no time […]

Revised Pay Structure Redesigns Annual Increment Rules

July 6, 2026

The government has initiated the process of implementing the proposed Ninth National Pay Scale for public sector employees from 1 July, although the official gazette is yet to be issued. In the meantime, early draft proposals suggest a significant overhaul of the annual increment system, moving away from the existing uniform structure towards a differentiated […]

Bangladesh Exchange Rates Updated for 6 July 2026

July 6, 2026

With more than 10 million Bangladeshis living and working abroad, foreign currency exchange rates remain an important part of everyday financial planning. The steady flow of remittances into Bangladesh, coupled with growing international trade and overseas business transactions, has made daily exchange rate updates increasingly relevant for expatriates, importers, exporters, travellers and investors alike. The […]

Banks to Remain Open During Mango Trading Season

June 25, 2026

Bangladesh Bank has instructed scheduled banks to keep selected branches and sub-branches operating on Saturdays in key mango-producing districts of the greater Rajshahi region, aiming to facilitate uninterrupted financial transactions during the peak mango trading season. The directive comes as commercial activity linked to the country’s mango harvest reaches its busiest period, generating substantial cash […]

Tokio Marine Indonesia Maintains Robust Capital Position

June 25, 2026

PT Asuransi Tokio Marine Indonesia (TMI) is expected to maintain a strong capital position over the medium term despite ongoing exposure to reinsurance-related risks, according to a recent assessment by AM Best. The ratings agency said the insurer’s balance sheet strength remains solid, supported by its strong risk-adjusted capitalisation, consistent earnings generation and conservative investment […]

India Forms AI Panel to Assess Insurance Risks

June 25, 2026

India’s insurance regulator has established a specialised working group to examine the opportunities and risks associated with artificial intelligence (AI) in the insurance sector, reflecting growing concerns over governance, cybersecurity and the protection of policyholder data as insurers increasingly adopt advanced digital technologies. The Insurance Regulatory and Development Authority of India (IRDAI) has constituted a […]

Uninsured Climate Losses Could Hit Forty-One Trillion Dollars Says Moody’s

June 25, 2026

Uninsured losses arising from natural disasters and rising sea levels threaten to cost the global economy up to $41.4 trillion over the next two decades. A comprehensive report published by the credit rating agency Moody’s warns that a widening “insurance protection gap”—defined as the shortfall between total economic damage and actual insurance payouts—now poses a […]

Proposed Pay Scale Alters Government Allowances Structure

June 25, 2026

The government’s proposed ninth national pay scale is set to significantly increase the basic salaries of public sector employees while simultaneously reshaping several existing allowances, triggering wide-ranging adjustments across the civil service pay structure. Under discussions held at a high-level meeting in the Secretariat chaired by Cabinet Secretary Nasimul Gani, policymakers reviewed the draft framework, […]

World Bank Approves $450m Banking Sector Loan

June 25, 2026

The World Bank has approved a USD 450 million loan to strengthen Bangladesh’s banking sector, aiming to reinforce its foundations, improve stability and support broader economic growth and job creation. The decision was endorsed by the institution’s Board of Executive Directors and confirmed by its Dhaka office through a statement issued on Wednesday (24 June), […]

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Category: Business

Md. Anisur Rahman Appointed Bangladesh Bank Deputy Governor

Twin Earthquakes Hit Venezuela, Raising Fears of Massive Economic Loss

Revised Pay Structure Redesigns Annual Increment Rules

Bangladesh Exchange Rates Updated for 6 July 2026

Banks to Remain Open During Mango Trading Season

Tokio Marine Indonesia Maintains Robust Capital Position

India Forms AI Panel to Assess Insurance Risks

Uninsured Climate Losses Could Hit Forty-One Trillion Dollars Says Moody’s

Proposed Pay Scale Alters Government Allowances Structure

World Bank Approves $450m Banking Sector Loan

Most Read

Golden Trump Statue Sparks Debate at European Parliament

Dhaka Rehab Staff Held Over Handcuffing of Mental Health Patient

Rampal Solar Project Initiative Began Under Awami League Government

DMP Drive Leads to 528 Arrests Across Dhaka

Four Workers Burnt in Rupganj Steel Mill Blast

Nana Patekar Dies at 75 After Cardiac Arrest in Goa

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