Author: Md Sakib Hossain | Sub-Editor | Khaborwala.com

Munich Re Acquires Cyber Insurer At-Bay for $575 Million

Munich Re Acquires Cyber Insurer At-Bay for $575 Million

German reinsurance giant Munich Re has agreed to acquire the United States-based cyber insurance provider At-Bay at an enterprise value of $575 million. The Berlin-announced transaction is expected to close officially during the first quarter of next year, subject to customary regulatory approvals and closing conditions. The acquisition marks a major strategic expansion for Munich […]
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The Power-Cut Crisis Continues Matarbari Unit Shutdown to Cut 600MW from the Grid

The Power-Cut Crisis Continues: Matarbari Unit Shutdown to Cut 600MW from the Grid

A major technical glitch forced the sudden shutdown of a 600-megawatt generation unit at the Matarbari ultra-supercritical coal-fired power plant in Cox’s Bazar on Wednesday. The unexpected malfunction occurred at approximately 12:40 pm, immediately tripping the generator and removing a substantial block of electricity generation from the national grid. Engineers and technical personnel stationed at […]
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Power Crisis Disrupts Students’ Studies Across Bangladesh

Power Crisis Disrupts Students’ Studies Across Bangladesh

Bangladesh’s worsening power crisis, compounded by intense heat and shortages of gas, is disrupting the daily lives of students across the country. Prolonged load-shedding has become a growing obstacle to regular study, with many students struggling to concentrate during the day and facing interrupted sleep at night. The crisis has been particularly severe in rural […]
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Bangladesh Taka Exchange Rates Against Major Currencies Bangladesh Taka Exchange Rates Against Major Currencies

Bangladesh Taka Exchange Rates Against Major Currencies

Dhaka, 19 August 2026: Bangladesh’s growing trade, investment and financial links with the global economy continue to drive demand for foreign currencies. Exchange rates therefore remain an important reference for importers, exporters, remittance recipients, travellers and businesses engaged in international transactions. The indicative exchange rates of the Bangladeshi taka against selected foreign currencies for Wednesday, […]
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