Homeland Life Insurance Company Ltd's chief executive officer (CEO) Biswajit Kumar Mondal was removed from his post after failing to provide necessary information to an audit firm appointed by the Insurance Development and Regulatory Authority (Idra).
Non-life insurance companies in Bangladesh will be able to collect premiums through mobile financial service (MFS) providers as the Insurance Development and Regulatory Authority (Idra) looks to facilitate the use of modern technologies in the industry.
Due to an increase in import costs and supply failing to keep up with demand, winter vegetable saplings have become four to five times costlier this year in Bogura’s sapling villages in the Shajahanpur upazila.
The price of broiler chicken, one of the biggest sources of protein, has seen a sudden and sharp increase in the retail market due to low supply of day-old chicks (DOCs).
Govt move fails for lack of strong oversight on suppliers
The government is going to formulate corporate governance guidelines to ensure compliance with applicable laws and regulations and good governance in the operation of insurance companies in Bangladesh.
Potatoes, eggs and onions are not being sold at the price fixed by the government at the retail level despite government agencies conducting raids.
A rise in the number of people who welcome pets into their homes and trends such as a humanisation of pets and ethical pet ownership have led to a boom in demand for pet food and related accessories.