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As non-life insurers falter in claims settlement, policyholders are in distress

Non-life insurance companies in Bangladesh have not been able to settle around 68 per cent of the claims submitted in the year 2024. This has resulted in outstanding claims amounting to approximately TK26,350m ($217m) by the end of the year. This information is based on the unaudited data made available by 46 public and private non-life insurance companies to the country’s insurance regulator, Insurance Development and Regulatory Authority (IDRA).

3 Russian warships dock at Ctg following Army chief’s Moscow trip

Less than a week after Bangladesh Army chief Gen Waker-Uz-Zaman's trip to Moscow, three Russian Navy warships arrived at Chittagong Port on Sunday on a rare visit, signalling the Bangladesh military's interest in looking beyond China. As the Russian ships - Rezkiy, Hero of the Russian Federation Aldar Tsydenzhapov and Pechenga - entered Bangladesh's maritime boundary on a four-day visit, they were received by the Bangladesh Navy ship BNS K...

Empowerment for rural women with SWAPNO

“I want to inspire other women to chase their dreams,” says Bizli Sen, a determined woman from a remote village of Gopalganj district in Bangladesh. Her words echo the resilience and transformation that define her life and the lives of the women she now leads.

Once left behind by poverty and limited opportunities, Bizli’s life took a turn when she joined the SWAPNO project, a joint initiative of th...

Pohela Boishakh – The message of the day

Dr. Forqan Uddin Ahmed

The English New Year starts on the first day of January and ends on the last day of December. No nation in the world calls it the English New Year. For welcoming the fresher’s, the 31st night is being observed, not highlighted as the English New Year. But we are calling it the Bengali New Year. Most probably, it was a far-sighted colonial diplomacy by the British rulers. However, every time, we call it ...

ICT policy reform planned to boost digital economy

Bangladesh is set to overhaul key ICT and telecom policies by June to eliminate major barriers to digital growth, according to Faiz Ahmad Taiyeb, Special Assistant to the Chief Adviser for Posts, Telecommunications and ICT.

He shared the plan at the Bangladesh Investment Summit 2025, highlighting that modern laws and a supportive business environment will pave the way for stronger digital investments.

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