Premium default begets claim-payment crisis in general insurance

Dhaka, April 19 -- Premium default begets claim-settlement crisis in general insurance that prompts the state-owned Sadharan Bima Corporation (SBC) to reinvent legal instrument to realise reinsurance ... Read More

Next budget likely Tk 7.92t with doable Targets

Dhaka, April 11 -- Bangladesh's upcoming budget may be Tk 7.92 trillion in size, smaller than the current one, as the interim government walks a tightrope amid a subdued trend in revenue earnings and ... Read More

Govt asks Sonali Bank to return extra bonuses paid to staff

Dhaka, April 9 -- The state-run Sonali Bank paid five incentive bonuses, instead of three, to its employees for 2023 violating the government rules, the Bangladesh Bank (BB) has found. The government... Read More

Next ADP likely to be worth Tk 2.30t

Dhaka, March 26 -- A relatively fat development budget worth Tk 2.30 trillion is likely to be prepared for the next fiscal year, too, by the interim government notwithstanding a staggeringly low execu... Read More

BB to borrow 2.2b in Chinese Yuan from AIIB

Dhaka, March 14 -- Bangladesh bids to borrow variable-spread credits worth 2.2 billion RMB, equivalent to Tk 36.96 billion, from the Asian Infrastructure Investment Bank (AIIB) to ensure fund flow in ... Read More

Govt strategy coming for export competitiveness of 4 major sectors

Dhaka, Feb. 11 -- Government authorities have got down to devising a strategy for keeping competitiveness of four major export sectors beyond apparel after 2026 when export subsidy will go following B... Read More