Category: World

Surge in Transaction Insurance Signals Resilient Global M&A Appetite

Surge in Transaction Insurance Signals Resilient Global M&A Appetite

Global mergers and acquisitions (M&A) are set to experience a substantial revival in 2026, supported by renewed executive confidence and focused strategic investment. However, to navigate persistent regulatory scrutiny, geopolitical friction, and valuation friction, corporate buyers and institutional investors are increasingly turning to specialized transactional risk insurance to safeguard capital deployments. According to the fourth […]
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Sonali Life Partners With Evercare Hospital to Expand Health Services

Sonali Life Partners With Evercare Hospital to Expand Health Services

Sonali Life Insurance PLC has formalised a strategic alliance with STS Holdings Limited, the parent entity operating Evercare Hospital Dhaka, to broaden the healthcare options available to its clientele. The signing of a new Memorandum of Understanding (MoU) establishes a cooperative framework intended to deliver priority medical care to Sonali Life’s policyholders, staff members, and […]
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Surplus Cash in Bangladeshi Banks Drives Short-Term Sovereign Rates Down

Surplus Cash in Bangladeshi Banks Drives Short-Term Sovereign Rates Down

Yields on Bangladeshi government treasury bills have undergone a notable retrenchment, dropping by 21 to 25 basis points within a week as commercial banks grapple with an influx of unallocated liquidity alongside subdued demand for private-sector credit. Official statistics released by Bangladesh Bank on 16 August demonstrate that the yield on 91-day treasury bills plunged […]
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Sammilito Islami Bank Launches Recovery War-Room to Drive Asset Retrieval

Sammilito Islami Bank Launches Recovery War-Room to Drive Asset Retrieval

In an assertive step towards restoring balance sheet health and protecting public funds, Sammilito Islami Bank PLC has officially inaugurated a specialised ‘Collection & Recovery War-Room’. The new operational unit has been established to centralise command, accelerate asset retrieval, and streamline recovery procedures for non-performing and overdue investments across the country. The inauguration ceremony took […]
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Heavy Rain and Violent Gusts Forecast Across Thirteen Districts Heavy Rain and Violent Gusts Forecast Across Thirteen Districts

Heavy Rain and Violent Gusts Forecast Across Thirteen Districts

The Bangladesh Meteorological Department has issued an urgent weather advisory warning of impending squalls and heavy rainfall across thirteen districts, including the capital city of Dhaka, through Monday morning. Meteorologists predict temporary gusty or squally winds reaching speeds between 45 and 60 kilometres per hour, accompanied by scattered rain and localized thunderstorms. The forecast, valid […]
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Twelve Dead as Polish Tourist Bus Overturns in Hungary Twelve Dead as Polish Tourist Bus Overturns in Hungary

Twelve Dead as Polish Tourist Bus Overturns in Hungary

A catastrophic road accident in eastern Hungary left at least twelve people dead and dozens injured in the early hours of Sunday, 16 August, after a tourist bus travelling from Serbia to Poland veered off a major motorway and overturned into a roadside ditch. The vehicle, carrying dozens of holidaymakers returning home from southern Europe, […]
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Two Women Detained at Dhanmandi 32 Remanded to Custody Two Women Detained at Dhanmandi 32 Remanded to Custody

Two Women Detained at Dhanmandi 32 Remanded to Custody

Two young women detained while attempting to pay tribute at Bangabandhu Sheikh Mujibur Rahman’s historic residence at Dhanmandi 32 in the capital on 15 August have been formally shown arrested in an Anti-Terrorism Act case filed six months ago. The accused, identified as 21-year-old Jannatul Ferdous, also known as Jannat, and 29-year-old Suma Boral, known […]
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