Category: Business

gold prices fall amid global market volatility Gold Prices Fall Amid Global Market Volatility

Gold Prices Fall Amid Global Market Volatility

Amid ongoing global economic uncertainties, gold prices in Bangladesh have once again experienced a decline. For the second consecutive adjustment, the Bangladesh Jewellers’ Association (BAJUS) has reduced the price of the precious metal, cutting the rate per tola by 3,266 taka. The updated rates were announced on Monday morning, 9 March, and will be effective […]
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community bank arranges textile sector financing Community Bank Arranges Textile Sector Financing

Community Bank Arranges Textile Sector Financing

Community Bank Bangladesh PLC has formalised syndication mandate agreements with R.A. Spinning Mills Ltd. and Outpace Spinning Mills Ltd. to arrange a syndicated financing facility valued at BDT 6,500 million. The agreement represents a strategic collaboration aimed at strengthening industrial financing in the country’s textile sector while supporting the continued growth of two established yarn […]
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city bank toyota strengthen corporate cooperation City Bank, Toyota Strengthen Corporate Cooperation

City Bank, Toyota Strengthen Corporate Cooperation

City Bank PLC and Toyota Bangladesh Limited have entered into a strategic partnership designed to enhance financial collaboration and support the business operations of the automobile company in Bangladesh. The cooperation was formalised through the signing of a Memorandum of Understanding at the head office of City Bank in Dhaka, marking a significant development in […]
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insurers seek license fee waiver from idra Insurers Seek License Fee Waiver from IDRA

Insurers Seek License Fee Waiver from IDRA

The Bangladesh Insurance Association (BIA) has formally requested the Insurance Development and Regulatory Authority (IDRA) to waive the remaining license renewal fees for both life and non-life insurance companies for the 2026 calendar year. This appeal, aimed at easing the financial and administrative burden on the sector, was articulated in a letter despatched to the […]
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citizenship through investment top 10 countries Citizenship Through Investment: Top 10 Countries

Citizenship Through Investment: Top 10 Countries

In an increasingly globalised world, the search for alternative citizenship or residence options has become a priority for many individuals. A recent survey revealed that nearly half of American citizens are interested in obtaining a second passport, with some already holding one. Meanwhile, approximately 40 per cent have considered or are planning to live abroad. […]
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trump eyes insurance to ease gulf oil prices Trump Eyes Insurance to Ease Gulf Oil Prices

Trump Eyes Insurance to Ease Gulf Oil Prices

As tensions escalate in the Gulf, the White House is considering an unexpected mechanism to keep oil flowing and curb surging gasoline prices: government-backed insurance. The Strait of Hormuz, a narrow waterway separating Iran and Oman, is one of the world’s most critical energy chokepoints. Approximately 20 million barrels of oil per day and one-fifth […]
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zurich insurance acquires redclick from generali Zurich Insurance Acquires RedClick from Generali

Zurich Insurance Acquires RedClick from Generali

Zurich Insurance has confirmed an agreement to acquire Generali’s non-life insurance operations in Ireland, which operate under the RedClick brand, for a consideration of €337 million. The transaction marks a significant step in Zurich’s strategy to expand its footprint in the Irish insurance market and enhance its position across both life and non-life segments. The […]
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