Category: Business

Pubali Bank Signs Agreement with NOVOAIR

Pubali Bank Signs Agreement with NOVOAIR

A Memorandum of Understanding (MoU) has been signed between Pubali Bank PLC and NOVOAIR at the Card Business Division of Pubali Bank’s Head Office in Dhaka, according to a press release. The agreement was signed in the presence of senior officials from both organisations. N. M. Firoz Kamal, Deputy General Manager and Head of the […]
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Community Bank Introduces EduSuite 360 Platform

Community Bank Introduces EduSuite 360 Platform

Community Bank Bangladesh PLC has formally launched ‘Community EduSuite 360’, a school banking solution developed to provide educational institutions with an integrated framework of financial, administrative, and student-oriented services. The inauguration ceremony was held at the Police Headquarters and was officiated by Md. Ali Hossain Fakir, who also serves as Chairman of the bank. The […]
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Central Bank Establishes High Level Committee to Audit Appointments and Dismissals at Six Islamic Banks Central Bank Establishes High-Level Committee to Audit Appointments and Dismissals at Six Islamic Banks

Central Bank Establishes High-Level Committee to Audit Appointments and Dismissals at Six Islamic Banks

The Bangladesh Bank has formally constituted a high-level investigative committee to scrutinise the recruitment processes and recent staff redundancies across six prominent Shariah-based commercial banks. Chaired by an Executive Director of the central bank, the seven-member panel is tasked with evaluating the legality of thousands of appointments made over the previous several years, as well […]
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Ping An Insurance Fiscal Recovery and Strategic Outlook for 2026 Ping An Insurance: Fiscal Recovery and Strategic Outlook for 2026

Ping An Insurance: Fiscal Recovery and Strategic Outlook for 2026

Market analysts and financial institutions have projected a sustained earnings recovery for Ping An Insurance (Group) Company of China, Ltd. throughout the 2026 fiscal year. This anticipated rebound is expected to be underpinned by a multifaceted improvement in the group’s core operations, including robust life insurance sales, enhanced investment yields, and a revitalised performance across […]
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Hong Kong Insurance Market Performance 2025 Hong Kong Insurance Market Performance 2025

Hong Kong Insurance Market Performance 2025

Provisional data released by the Insurance Authority (IA) regarding Hong Kong’s long-term insurance sector for the 2025 calendar year reveals a period of substantial fiscal activity and high policy volumes. During this twelve-month period, the market registered a total of 109,813 new direct long-term policies, reflecting the continued role of the administrative region as a […]
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Turkish Non Life Insurance Sector Grows 28 Turkish Non-Life Insurance Sector Grows 28%

Turkish Non-Life Insurance Sector Grows 28%

The Turkish non-life insurance sector has demonstrated robust performance in the opening months of 2026, recording a significant surge in premium income. Data from the first two months of the year reveals that the industry generated 231 billion Turkish Liras (TL) in premium income, representing a 28% increase compared to the same period in the […]
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Government Advances Toward New Pay Structure Government Advances Toward New Pay Structure

Government Advances Toward New Pay Structure

The government has moved a significant step closer to partially implementing the long-awaited ninth national pay scale for public sector employees, with preparations underway to allocate nearly Tk 3.5 trillion in the 2026–27 fiscal budget. According to sources within the Ministry of Finance, a draft budget framework has already been prepared and is awaiting final […]
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Bangladesh Exchange Rates 4 May 2026 Bangladesh Exchange Rates: 4 May 2026

Bangladesh Exchange Rates: 4 May 2026

Bangladesh’s foreign exchange market continues to play a crucial role in supporting the country’s expanding international trade and the steady inflow of remittances from millions of expatriate workers. With Bangladesh maintaining strong economic ties across global markets, daily currency fluctuations remain highly significant for businesses, importers, and families dependent on overseas income. According to data […]
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Hong Kong Posts 109,813 Policies

Hong Kong Posts 109,813 Policies

Hong Kong’s long-term insurance sector issued 109,813 new direct long-term policies in 2025, according to provisional data released by the Insurance Authority. The figures cover new business written across the market during the year, spanning protection, savings, and retirement-linked insurance products. New direct long-term business generated significant premium volumes. Single premiums amounted to US$21.1 billion […]
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