Bangladesh’s foreign exchange reserves have increased further, with the country’s gross reserves reaching US$34.82 billion, according to the latest data released by Bangladesh Bank. The central bank confirmed that total foreign currency reserves stood at US$34.82183 billion as of 3 June. The information was disclosed on Wednesday by Bangladesh Bank Executive Director and spokesperson Arif […]

The Philippine insurance industry is projected to expand at an average annual rate of 9.6% over the next decade, exceeding the country’s expected nominal gross domestic product (GDP) growth of 8.3%, according to the Allianz Global Insurance Report 2026. The forecast places the Philippines among the faster-growing insurance markets globally and highlights the increasing role […]

BASIC Bank, a state-owned financial institution, has formally petitioned the government for authorization to manage the accounts of public sector and donor-funded development projects. The initiative is intended to broaden the bank’s deposit base, depress its interest expenses, and improve its long-term financial performance. In a formal letter addressed to the Ministry of Finance, the […]

The month of June represents the definitive close of the financial year in Bangladesh, requiring citizens to conclude all income tax computations, expenditure listings, and tax-saving investment allocations within the July-to-June cycle. In accordance with regulations enforced by the National Board of Revenue (NBR), individuals possess the opportunity to legally decrease their final fiscal liabilities […]

The volume of non-performing loans (NPLs) within the banking sector of Bangladesh expanded by an additional 31,487 crore taka during the opening quarter of the current fiscal year. Financial statistics released by the central bank indicate that default loans witnessed an upward trajectory between the conclusion of December 2025 and the termination of March 2026, […]

The central bank of Bangladesh has expressed profound skepticism regarding the true identities and underlying motivations of individuals demonstrating against the appointment of Islami Bank Bangladesh PLC Chairman Khurshid Alam. During a formal press conference convened on Tuesday afternoon, 2 June 2026, at the central bank headquarters in the Motijheel commercial area of Dhaka, the […]

The comprehensive players’ draft for the sixth edition of the Lanka Premier League (LPL) was formally concluded last night in Colombo, Sri Lanka, resulting in the selection of two additional Bangladeshi cricketers, Mehidy Hasan Miraz and Hasan Mahmud, by competing tournament franchises. A total of 31 cricketers from Bangladesh were listed in the final draft […]