Category: Business

Trade credit insurers face rising default risk from Middle East conflict

Trade credit insurers face rising default risk from Middle East conflict

Trade credit insurers are confronting increasing pressure as deteriorating payment behaviour and rising non-payment risk coincide with heightened geopolitical uncertainty linked to the conflict in the Middle East, according to the Allianz Trade Global Survey. The survey draws on responses from 6,000 companies across 13 markets and indicates that, despite a more challenging risk environment, […]
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Hong Kong Medical Insurance Review

Hong Kong Medical Insurance Review

Hong Kong’s Insurance Authority is undertaking a comprehensive review of medical insurance products, with particular attention to coverage levels, affordability, and consumer protection, according to Clement Lau, Executive Director for Policy and Legislation. Speaking at the 21st Asia Conference on Healthcare and Health Insurance on 26 March, Lau said the review will be supported by […]
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Bank Asia Approves Acquisition Resolution

Bank Asia Approves Acquisition Resolution

Bank Asia PLC held its 13th Extra-Ordinary General Meeting (EGM) on Sunday through a digital platform, continuing its practice of conducting shareholder meetings in a virtual format. The meeting was chaired by Mr Romo Rouf Chowdhury, Chairman of the bank, according to an official press release. The principal agenda of the EGM centred on the […]
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Standard Islami Bank Holds Quarterly Review Standard Islami Bank Holds Quarterly Review

Standard Islami Bank Holds Quarterly Review

Standard Islami Bank PLC convened its Quarterly Business Review Meeting at the bank’s Head Office in Dhaka on Saturday, with the participation of heads from selected branches, according to a press release issued by the bank. The meeting was presided over by the Acting Managing Director, Md. Siddiqur Rahman. During the session, he reviewed the […]
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Midland Bank Convenes Leaders Meet Midland Bank Convenes Leaders Meet

Midland Bank Convenes Leaders Meet

Midland Bank PLC organised a “Leaders Meet” with all Branch Managers on Saturday, 11 April 2026, at the MDB Training Institute, according to a media release issued by the bank. The programme was designed to strengthen collaboration, foster open dialogue, and address key operational and business challenges across the institution’s network. The event brought together […]
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Foreign Exchange Rates Announced Foreign Exchange Rates Announced

Foreign Exchange Rates Announced

The foreign exchange market in Bangladesh continues to reflect the country’s expanding global trade relations and the steady inflow of remittances from millions of expatriate Bangladeshis working across the world. These remittance earnings remain a vital pillar of the national economy, helping to sustain household incomes and support overall macroeconomic stability. According to data released […]
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Strong Solvency Under New Rules Strong Solvency Under New Rules

Strong Solvency Under New Rules

Japan’s leading domestic insurers are expected to maintain robust solvency positions even after the implementation of the new economic value-based capital framework, according to a recent assessment by Fitch Ratings. The report indicates that the Japan Insurance Capital Standard (J-ICS) is broadly viewed as a conservative regulatory regime designed to reinforce long-term financial resilience across […]
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Ping An Launches Service Transformation Ping An Launches Service Transformation

Ping An Launches Service Transformation

Hong Kong and Shanghai-based insurance and financial services giant Ping An Insurance has unveiled its “Service Year 2026” initiative, a comprehensive upgrade to its artificial intelligence-powered service ecosystem and global emergency assistance infrastructure. The programme represents a strategic effort to make financial, insurance, and everyday life services more seamless, responsive, and secure for its extensive […]
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