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Jainul Bari new SBC chairman

The government appointed Mohammad Jainul Bari, the immediate past chairman of the Insurance Development and Regulatory Authority as the new chairman of the board of directors of Sadharan Bima Corporation...

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BB governor urges for public confidence amid bank reforms

Bangladesh Bank governor Ahsan H Mansur has urged the public to maintain confidence in the nation鈥檚 banking sector, highlighting significant ongoing reforms aimed at stabilising and improving financial institutions...

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Aslam made IDRA鈥檚 new chairman

The government has appointed former senior secretary M Aslam Alam as the new chairman of the Insurance Development and Regulatory Authority.

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Aslam appointed IDRA chair

The interim government on Monday appointed former senior secretary M Aslam Alam as chairman of the Insurance Development and Regulatory Authority...

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Deposit insurance doubled to protect 95pc of depositors: BB governor

The Bangladesh Bank on Sunday raised the deposit insurance limit to Tk 2 lakh, as some banks in the country are on the verge of bankruptcy, but the government are making efforts to save them and protect depositors, said central bank governor Ahsan H Mansur...

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Crisis-hit 8 banks to get interbank loan support

The Bangladesh Bank will facilitate limited bailouts for crisis-hit eight banks, which were previously under the control of the S Alam Group, through the interbank lending system, BB governor Ahsan H Mansur said on Wednesday...

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Governor warns all not to purchase S Alam assets

Bangladesh Bank governor Ahsan H Mansur on Wednesday warned people not to purchase any assets linked to S Alam Group and said that the government planned to seize those assets to compensate depositors...

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DCCI seeks increased credit flow to CMSMEs

The Dhaka Chamber of Commerce and Industry on Tuesday called upon authorities concerned to increase credit flow to the cottage, micro, small and medium enterprises...

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Bank plunderers to be tracked down: Bangladesh Bank governor

Newly appointed Bangladesh Bank governor Ahsan H Mansur said they would track down oligarchs created during the immediate past political regime in both home and abroad to recover funds stolen by them from the country鈥檚 banking sector...

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BB suspends Nagad Digital Bank license

The Bangladesh Bank governor Ahsan H Mansur on Thursday said that the digital banking license for Nagad Digital Bank PLC was suspended and the central bank would review the process...

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Revolution of Students in Photography underway at NSU

The North South University鈥檚 media, communication, and journalism programme and the NSU TV, Radio, and Digital Lab jointly organised a seven-day photo exhibition titled Revolution of Students in Photography under way at the NSU Plaza...

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Govt must prioritise smallholder farmers, farms

BUSINESS syndication and extortion on the road and at markets have for long been identified as major reasons for price increase of essentials. While consumer rights campaigners have continuously asked the government to address the issues, the authorities have failed to stop the menaces. The failure has had negative implications on consumers, small farmers...

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NSU to waive current semester鈥檚 20pc tuition fees

The board of trustees of the North South University has decided to waive 20 per cent of the tuition fees and 100 per cent of all other fees of all students admitted in the summer semester of 2024...

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BB governor vows to make money launderers suffer

Bangladesh Bank鈥檚 newly appointed governor, Ahsan H Mansur, on Wednesday vowed to make money launderers suffer and said that combined efforts were needed to recover laundered money...

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US consumer inflation sees smallest annual rise since 2021

US consumer inflation eased slightly in July, according to government data published Wednesday, its smallest 12-month increase since March 2021 and a positive sign for the Federal Reserve as it weighs cutting interest rates...

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Tahmina re-elected Takaful Islami Insurance chair

Tahmina Afroz has been re-elected chairperson of Takaful Islami Insurance Limited for the year 2024-25 during the company鈥檚139th board meeting held on August 10, said a press release...

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China issues plan to boost household consumption

China has issued a set of directives aimed at boosting household consumption, a weakness weighing on growth in the world鈥檚 second-largest聽economy, with the plan targeting sectors including child and elder care, and food and beverage...

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HC seeks report on embezzlement of Tk 100cr

The High Court on Sunday ordered the authorities concerned to investigate the allegations of embezzlement of more than Tk 100 crore of the clients of Homeland Life Insurance Company Limited and submit a report on August 27...

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ACC sues ex-Sonali Life chair Golam Quddus, 7 others

The Anti-Corruption Commission on Thursday prosecuted former Bangladesh Garment Manufacturers and Exporters Association president and former Sonali Life Insurance Company Limited chair Mostafa Golam Quddus and seven directors of the company on charges of embezzlement of Tk聽188 crore...

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Bangladesh may see fastest growth in cotton consumption: report

Bangladesh and Vietnam are expected to experience the fastest growth in cotton consumption and trade over the decade due to their competitive labour and production costs, which will lead to significant expansions in their milling capacities, according to a global report...

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40 DIU students receive insurance risk coverage money

The Daffodil International University authorities along with Prime Islami Life Insurance Company Ltd handed over Tk 1.2 crore death insurance claim cheque to 40 students of the university at a programme on Tuesday...

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