The insurance coverage in Bangladesh has been on the decline, mostly because of the lack of knowledge about risk coverage and clients' distrust of insurance companies. Over the last one year, Bangladesh Insurance Academy (BIA) has been working to address both concerns by providing training to bank
The debt-ridden Beximco Group has sought government assistance to sustain operations through cash credit (CC) of Tk 1.0 billion per month, rather than shutting down the factories under its textile division by settling the Tk 5.5-6.0 billion outstanding employee payments. It argues that with a tota
The Dhaka Stock Exchange, or DSE, has set a new trading schedule for the stock market during Ramadan. In a statement on Wednesday, it confirmed that trading will take place from 10am to 1:40pm, followed by a 10-minute post-closing session, bdnews24.com reports. However, the DSE's office ope
Apple said on Monday it would spend $500 billion in US investments in the next four years that will include a giant factory in Texas for artificial intelligence servers and add about 20,000 research and development jobs across the country in that time. That $500 billion in expected spending includ
The interest rates on treasury bills and bonds have continued to fall as the liquidity in banks outstripped government borrowing needs. According to Bangladesh Bank (BB) data, treasury bill and bond interest rates have dropped by 107 to 181 basis points over the past month. The decline was compara
