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Insurers with good records to be allowed to sell through banks

Dhaka, Feb. 21 -- Only select insurers with a strong track record of settling claims will be allowed to participate in the bancassurance business, according to the insurance regulator. The Insurance ... Read More


BB's auction platform resumes operation after a day's setback

Dhaka, Feb. 21 -- The market infrastructure module (MI Module), a key automated auction-trading platform of Bangladesh Bank, resumed function on Tuesday, following a full-day shutdown on the previous ... Read More


New loan recovery arrangement sweetened with incentives

Dhaka, Feb. 18 -- Banks are directed to form a separate dedicated unit each in a latest drive--sweetened with perks--to recover their written-off loans in the wake of worrying NPL buildups. Banglades... Read More


Inflation indomitably increases, defies monetary tightening

Dhaka, Feb. 15 -- Inflation in Bangladesh defies global downturn and local monetary tightening as the January rate peaked at 9.86 per cent by official count. Bangladesh Bureau of Statistics (BBS) sho... Read More


BoP negative despite trebling current-account surplus

Dhaka, Feb. 12 -- Current-account surplus in Bangladesh last December more than trebled from the November tally, the central bank disclosed Monday, although the country's balance of payments goes burg... Read More


Central govt debt up for forex market volatility

Dhaka, Feb. 10 -- The country's gross central-government debt in foreign-currency denomination has increased largely in recent times, thanks to a highly volatile exchange rate in the forex market. Th... Read More


Insurance penetration slows though premiums bloat

Dhaka, Feb. 6 -- Insurance penetration across Bangladesh slows although premiums bloat as, experts say, insurers lack expected drive to cash in on expanding economic activity in the country. A key pa... Read More


Money supply squeezes, inflation stays stubborn

Dhaka, Feb. 3 -- Reserve money with Bangladesh Bank squeezes with a negative growth by 2.0 per cent to Tk 3.7 trillion last December for inflation-control monetary measures that, seemingly, worked lit... Read More