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IDRA settles claims worth Tk 230.4m for 5,868 policyholders in 2nd phase

Bangladesh, Sept. 14 -- The Insurance Development and Regulatory Authority (IDRA) on Monday disbursed Tk 23,03,56,971 in long-pending insurance claims to 5,868 policyholders in its second phase of pay... Read More


UCB partners with Chartered Life Insurance to revolutionize premium collection via digital channels

Bangladesh, Sept. 14 -- United Commercial Bank PLC (UCB) and Chartered Life Insurance Company PLC have signed an agreement to enable the convenient, secure, and seamless collection of insurance premiu... Read More


Commerce ministry declares REHAB president's post vacant over loan default

Bangladesh, Sept. 14 -- The Ministry of Commerce has declared the post of president of the Real Estate and Housing Association of Bangladesh (REHAB) vacant based on a report from Bangladesh Bank's Cre... Read More


World Bank plans disbursing $2.03b soft credit to Bangladesh

Bangladesh, Sept. 14 -- The World Bank plans to disburse US$2.03 billion to Bangladesh from its low-cost financing-arm International Development Association (IDA) in the current fiscal year, officials... Read More


Stocks see volatility in early trading after major setback

Bangladesh, Sept. 14 -- Stocks witnessed volatility in early trading on Monday following a major setback in the previous session, as investors remained concerned over Bangladesh's prolonged energy cri... Read More


Squeezed by debt burden, GPH Ispat makes another proposal to raise equity capital

Bangladesh, Sept. 14 -- GPH Ispat has proposed raising Tk 9.68 billion through a rights share issue, with the entire proceeds earmarked for loan repayment, as the steelmaker intends to ease its heavy ... Read More


Anthropic CEO Dario Amodei says AI industry needs to give safety measures time to catch up

Bangladesh, Sept. 13 -- The CEO of Anthropic said Saturday the artificial-intelligence industry should slow its fast-moving development to give safety measures time to catch up. Without such a slowdow... Read More


Bakery prices rising 20pc, small bites getting smaller for cost cutting

Bangladesh, Sept. 13 -- Prices of bakery products are set to rise up to 20 per cent while some low-priced items become smaller in size without a change in their sticker rate through shrinkflation as b... Read More


Non-tax revenue surges in fourth quarter of FY26

Bangladesh, Sept. 13 -- Bangladesh's non-tax revenue surged nearly threefold in the final quarter of last fiscal year (FY2025-26), driven largely by dividend payouts from state enterprises, interest e... Read More


Tightening yarn imports could secure 1.5m jobs

Bangladesh, Sept. 13 -- Bangladesh's textile and spinning industries could help restore a significant number of jobs lost over the past three years and create new employment opportunities, potentially... Read More