Category: Business

Europe Insurance Model that Could Change Bangladesh Economy

Europe Insurance Model that Could Change Bangladesh Economy

In Europe, insurance is embedded as a structural component of economic activity and daily life, rather than functioning solely as an optional financial product. Policy observers and industry analysts note that the region’s well-regulated and broadly adopted insurance systems contribute to economic stability and risk management, making it a frequently cited reference for developing economies […]
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Modhumoti Bank Holds 46th Risk Meeting

Modhumoti Bank Holds 46th Risk Meeting

The 46th meeting of the Risk Management Committee of the Board of Directors of Modhumoti Bank PLC was held on Wednesday, in accordance with the bank’s scheduled board-level governance framework. The meeting was chaired by Mr Mostafa Kamal, Chairman of the Board’s Risk Management Committee of Modhumoti Bank PLC. It was convened as part of […]
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SBAC Bank Deposits Surpass Tk110b

SBAC Bank Deposits Surpass Tk110b

SBAC Bank PLC has announced that its total deposits have crossed BDT 110 billion (BDT 11,000 crore), reflecting a reported annual growth of 15 per cent. The figure was disclosed in a press release issued by the bank. To mark the milestone, a small ceremony was held at the bank’s head office. According to the […]
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Remittance Surge Pushes Bangladesh Foreign Reserves Beyond Milestone Remittance Surge Pushes Bangladesh Foreign Reserves Beyond Milestone

Remittance Surge Pushes Bangladesh Foreign Reserves Beyond Milestone

Bangladesh’s foreign exchange reserves have crossed a significant threshold, buoyed by a sustained surge in remittance inflows from overseas workers. According to the latest data released by Bangladesh Bank, reserves calculated under the International Monetary Fund’s BPM6 methodology stood at $30.20 billion as of 15 April 2026, marking a return above the $30 billion benchmark […]
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Asia Pacific Insurers Remain Resilient Amid War Volatility Asia-Pacific Insurers Remain Resilient Amid War Volatility

Asia-Pacific Insurers Remain Resilient Amid War Volatility

Insurance companies across the Asia-Pacific (APAC) region are maintaining a broadly stable outlook despite mounting geopolitical tensions linked to conflict in the Middle East, according to a recent report by S&P Global Ratings. While the sector faces indirect risks from market turbulence, analysts believe insurers are presently well-positioned to absorb potential shocks. The report, titled […]
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US Challenges UK Dominance with 20 Billion Reinsurance Fund US Challenges UK Dominance with $20 Billion Reinsurance Fund

US Challenges UK Dominance with $20 Billion Reinsurance Fund

The United States has launched a direct challenge to the United Kingdom’s long-standing hegemony in the international shipping insurance sector. In March 2026, the US administration instructed the US International Development Finance Corporation (DFC) to establish a $20 billion government-backed reinsurance facility. This strategic move is specifically designed to address escalating volatility in high-risk maritime […]
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NBR Extends VAT Filing Deadline NBR Extends VAT Filing Deadline

NBR Extends VAT Filing Deadline

The National Board of Revenue (NBR) of Bangladesh has extended the deadline for submitting online value added tax (VAT) returns for the month of March, granting taxpayers additional time until 23 April. The decision has been implemented through the organisation’s e-VAT unit in response to administrative and technical considerations. In a notice issued on Tuesday, […]
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