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Regulators

Regulator flags financial audits of insurers

The Bangladesh Securities and Exchange Commission (BSEC) has raised concerns about audit opinions on the 2024 financial statements of 27 listed insurers, citing potential implications for investor confidence, policyholder protection and market disclosure standards.

Following its review of the latest annual audited accounts, the capital markets regulator has asked the Insurance Development and Regulatory Authority (IDRA) to consider regulatory steps against the insurers involved in line with prevailing insurance and securities laws.

Bangladesh Investment Summit 2025 kicks off

Bangladesh Investment Summit 2025 was inaugurated on Monday, aiming to spotlight the country’s evolving investment landscape, poised for transformative opportunities and unprecedented growth.
At the opening session of Bangladesh Startup Connect 2025, Tanveer Ali, Chairman of Constellation Asset Management Company Ltd, delivered the keynote address.

US market key to easing energy supply shortage: BIDA chief

Executive Chairman of the Bangladesh Investment Development Authority (BIDA), Chowdhury Ashik Mahmud Bin Harun, on Sunday said Bangladesh would be able to overcome the energy supply shortage if it could properly tap the American market in addition to Gulf nations, which will also help Bangladesh address the trade imbalance with the United States. “Since February this year, we have been in discussions with the US on how the trade imbalance can be reduced. A big topic to reduce trade imbalance is LNG,” he said while responding to a question on smooth energy supply to the industrial sector. Chief Adviser’s Press Secretary Shafiqul Alam, Deputy Press Secretaries Apurba Jahangir and Abul Kalam Azad Majumder were also pr...

NOCLAR will protect public interest from potential illegal acts

Responding to Non-compliance with Laws and Regulations (NOCLAR) is an international ethics standard for auditors and other professional accountants. It sets out a first-of-its-kind framework to guide professional accountants in what actions to take in the public interest when they become aware of a potentially illegal act, known as non-compliance with laws and regulations, or NOCLAR committed by organizations.

Speakers forwarded these views at a webinar on ‘Responding to Non-Compliance with Laws and regulations: Bangladesh Perspective’ organized by the Institute of Chartered Accountants of Bangladesh (ICAB) on 18 May 2022.

Tapan Kanti Ghosh, Senior Secretary, Ministry of Commerce, GoB joined...

Digital economy a prerequisite to make Digital Bangladesh

Bangladesh Women Chamber of Commerce and Industry (BWCCI) organized the “Kickoff Workshop” on "Promoting Democratic Participation in the Digital Economy (PDPDE) Project virtually today the October 14, 2020. 

The Project is funded by Center for International Private Enterprise (CIPE) and today’s workshop was facilitated by Ms. Selima Ahmad MP- President-BWCCI. Mr. M A Mannan MP, Honorable Minister, Ministry of Planning, Government of the People’s Republic of Bangladesh was the Chief Guest joined over phone from the hospital despite of his physical sickness. Among other distinguished participants, the program was successfully held with the virtual and delightful  presence of Dr. Khandokar Azizul Islam, Additional Secretary, ICT Division...

Economy under threat due to COVID 19

The World Health Organization (WHO) officially declared the corona-virus (COVID-19) outbreak a global pandemic on 11 March, which has now spread to 170 countries & territories and infected over 330,000 people. This number does not adequately show the scale and magnitude  of this global crisis, which not only related to public health but also the health of the global economy.

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