Central bank's initiatives to curbcritically swollen NPLs

Dhaka, Dec. 26 -- Commendably, Bangladesh bank is now well-aware of the causes of poor recovery of defaulted loans as well as delayed case disposal and trying to mitigate the crisis of non-performing ... Read More

Non-life insurers barred from using agents as IDRA scraps commissions

Dhaka, Dec. 26 -- The Insurance Development and Regulatory Authority (IDRA) has imposed a complete ban on agent commissions in the non-life insurance sector, introducing stricter rules on salary and b... Read More

Cold wave approaches as winter peaks

Dhaka, Dec. 26 -- The feeling of cold has intensified across Bangladesh over the last five days, mainly due to a slump in day temperature, up to 8degC, as the country approaches its coldest winter mon... Read More

Metro rail strike averted, still uncertainty persists

Dhaka, Dec. 26 -- The metro-rail operator has narrowly averted a fresh strike after its board approved long-pending service rules last week, easing immediate tensions with agitating staff. However, o... Read More

AIIB to lend $881m for modernising BREB's power supply networks

Dhaka, Dec. 26 -- The Asian Infrastructure Investment Bank (AIIB) is set to provide US$881 million to help modernise electricity distribution networks in four divisions, aiming to enhance the reliabil... Read More

Commercial disputes to see speedy resolution

Dhaka, Dec. 26 -- The proposed Commercial Courts Ordinance 2025 is expected to offer a new ray of hope for the speedy resolution of commercial disputes pending in different courts across the country. ... Read More

Depositors of five crisis-hit banks can finally start withdrawals from Monday

Dhaka, Dec. 26 -- In a major move to stabilise the banking sector, Bangladesh Bank has approved the merger of five crisis-stricken Islamic banks into a single entity named Combined Islamic Bank PLC. T... Read More

Tarique's comeback may leave positive impact on economy

Dhaka, Dec. 26 -- Tarique Rahman's return from wildness after 17 years draws intense political attention, but economists and business leaders say the more consequential test lies in its implications f... Read More

DCCI lauds move to set up commercial court

Dhaka, Dec. 26 -- Dhaka Chamber of Commerce & Industry (DCCI) President Taskeen Ahmed has lauded the government initiative to set up the commercial court, calling it a timely step to strengthen commer... Read More

Tarique with his pet cat, Jebu, in Bangladesh

Dhaka, Dec. 25 -- Bangladesh Nationalist Party (BNP) Acting Chairman Tarique Rahman's pet cat, Jebu, accompanied him to Bangladesh today upon his arrival at Hazrat Shahjalal International Airport. Af... Read More

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