Sonali Life ordered to cooperate with CEO
The IDRA made the order after Aman in a letter to the IDRA said Sonali Life’s board had not allowed him to enter the company's office since January 1
10 January 2024, 14:46 PM
IDRA removes two-thirds of Swadesh Insurance directors over fund scam
IDRA has relieved 12 of the 18 directors of Swadesh Islami Life Insurance Company over allegations of embezzling fixed deposit among others
10 January 2024, 00:13 AM
Increase in house rent puts further burden on tenants
Tenants in Dhaka city face house rent hikes in the middle of an inflation fuelled economy
8 January 2024, 18:00 PM
Polling officials find other ways to keep busy
It was 3:12pm and the voting was well underway at Model High School and College in Jatrabari’s Dania area.
7 January 2024, 18:00 PM
Food wasn't in short supply. But many struggled to feed families
As dawn broke yesterday, Asia Begum prepared again for her daily battle to buy essential goods at subsidised prices in order to save a few bucks and bear other family expenses.
1 January 2024, 01:00 AM
Booksellers take a hit from high inflation
As many people tighten their belts to manage daily expenses amid high inflation, books have become the ultimate luxury
28 December 2023, 00:26 AM
Pran-RFL to start producing essential goods by March
Pran-RFL Group, a leading food processor and conglomerate in Bangladesh, plans to produce flour, refined flour and semolina for consumers in their factories by March next year.
26 December 2023, 00:32 AM
Regulator bars four life insurers from spending until claims are cleared
The Insurance Development and Regulatory Authority (IDRA) has ordered four life insurance companies to not spend any amount from their income through premiums, investments and life funds unless they settle claims of policyholders by the end of December
24 December 2023, 16:13 PM
Aspirants flock to maiden BGMEA career summit
BGMEA, in collaboration with SEIP, organised the two-day Career Summit and Fest for the first time at the BGMEA Complex in Uttara
23 December 2023, 14:42 PM
Comforters see increased demand for lower prices
More than 100 companies, including Apex, HomeTex, Pran-RFL Group, Swan, Karmo, Bengal, and EuroAsia, have heavily invested
22 December 2023, 00:00 AM
IDRA steps in as Fareast Islami Life Insurance falls behind on payout
IDRA has ordered Fareast Islami Life Insurance Company Limited not to spend anything from its premium income, income from investment and life fund if it fails to settle claims of policyholders by this month
21 December 2023, 00:15 AM
IDRA warns life insurers over fake data
The Insurance Development and Regulatory Authority (IDRA) has directed life insurance companies to provide accurate information in their reports, stating that inconsistencies were regularly found with what it later unearthed through investigations.
19 December 2023, 18:00 PM
Tk 1,000cr fund for cinemas, but not many takers
Complexities involving deeds offered as mortgage, lengthy procedures for availing the loans, lack of collateral, and growing demand for Netflix and other video streaming platforms are the major reasons for poor demand
17 December 2023, 00:10 AM
Old potato prices stay firm despite arrival of new crops
Old and new potatoes are being sold at the same price in kitchen markets of several districts across Bangladesh, including Dhaka, according to traders.
13 December 2023, 16:35 PM
Banks to sell insurance in boost for the fledgling sector
Bancassurance is an arrangement between a bank and an insurer, allowing the former to sell the products of the latter through its vast network
12 December 2023, 15:49 PM
Winter winds boost sales of skincare products
The demand for skincare products will increase as temperatures continue to drop across the country
12 December 2023, 00:15 AM
Onion prices soar despite sufficient supply
The prices of onion have shot up despite adequate supply, according to a Bangladesh Trade and Tariff Commission (BTTC) report -- laying bare the extent of market manipulation by a section of dishonest traders.
11 December 2023, 18:00 PM
How much do the poor pay for rice? At least Tk 50 a kg
Rice price in Bangladesh is rising and the rate of coarse grain has crossed Tk 50 a kilogramme nearly after a year
11 December 2023, 00:05 AM
Prices soar, consumers hit hard
Prices of onion increased by Tk 100 or more per kg overnight as traders began stockpiling following the news that India had extended a virtual restriction on its export.
9 December 2023, 18:00 PM
14 individuals, 12 firms on top taxpayers' list for 8th straight year
It comes as the NBR unveiled the names of 141 individuals and companies as the highest taxpayers for the assessment year of 2022-23.
6 December 2023, 00:00 AM