Category: Business

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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Probe into Reserve Heist Delayed Probe into Reserve Heist Delayed

Probe into Reserve Heist Delayed

The submission of the investigation report in the long-running case concerning the theft of a substantial sum from Bangladesh’s foreign exchange reserves has once again been postponed, prolonging a scandal that has already stretched across nearly a decade. On Thursday (9 April 2026), the date fixed for the submission of the report, the Criminal Investigation […]
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Taka Steady as FX Markets Stabilise Taka Steady as FX Markets Stabilise

Taka Steady as FX Markets Stabilise

The foreign exchange market in Bangladesh continues to mirror the country’s expanding global trade footprint alongside the sustained inflow of remittances from millions of expatriate workers. These inflows remain a crucial support for foreign exchange reserves and play a significant role in maintaining macroeconomic stability. Against this backdrop, the latest currency exchange rates for Thursday, […]
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Middle East Conflict Could Push 1.2 Million Into Poverty Middle East Conflict Could Push 1.2 Million Into Poverty

Middle East Conflict Could Push 1.2 Million Into Poverty

A new analysis by the World Bank warns that ongoing geopolitical tensions in the Middle East could significantly worsen poverty conditions in Bangladesh, potentially pushing an additional 1.2 million people below the poverty line this year. The assessment highlights how external shocks—combined with persistent inflation and domestic economic constraints—are reversing earlier poverty reduction gains. The […]
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Singapore Insurance Hiring Cools As Remote Work Falls Singapore Insurance Hiring Cools As Remote Work Falls

Singapore Insurance Hiring Cools As Remote Work Falls

Singapore’s insurance sector has experienced a marked slowdown in hiring activity, accompanied by a sharp decline in remote working arrangements, according to the latest Indeed Singapore Hiring Lab report. The findings point to a broader moderation in labour demand across the city-state, even as overall employment conditions remain relatively resilient compared with pre-pandemic levels. Hiring […]
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Insurtech Funding Slumps As Market Demands Proven Returns Insurtech Funding Slumps As Market Demands Proven Returns

Insurtech Funding Slumps As Market Demands Proven Returns

Global investment in the insurtech sector has declined to its lowest level since 2017, marking a pivotal shift in market dynamics as investors pivot from speculative innovation towards demonstrable performance and sustainable returns. According to a recent report by CB Insights, the year 2026 is expected to prioritise execution, efficiency, and measurable outcomes over experimental […]
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Cover More Broadens Reach Through Strategic Aon Alliance Cover-More Broadens Reach Through Strategic Aon Alliance

Cover-More Broadens Reach Through Strategic Aon Alliance

Australia’s travel insurance landscape is poised for a significant evolution as Cover-More Group deepens its market presence through a strategic partnership with Aon. The agreement, centred on retail accounts, will see Cover-More deliver comprehensive and tailored travel insurance solutions to Aon’s clients and workforce across Australia—marking a decisive step in the insurer’s growth trajectory. The […]
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Single Mothers’ Insurance Security or Constraint

Single Mothers’ Insurance: Security or Constraint?

Bangladesh is witnessing a steady rise in the number of single mothers, making financial security an increasingly pressing concern. Women raising children alone must manage household expenses and secure their children’s future, often on limited incomes. In this context, savings and life insurance are no longer luxuries—they are vital instruments for long-term financial protection. Despite […]
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