Category: Business

singapore domestic insurance grows amid rising claims 1 Singapore Domestic Insurance Grows Amid Rising Claims

Singapore Domestic Insurance Grows Amid Rising Claims

Singapore’s domestic general insurance sector recorded notable growth in 2025, with gross written premiums (GWP) increasing 8.4% year-on-year (YoY) to reach US$4.76 billion (S$6.1 billion), according to data from the General Insurance Association (GIA) of Singapore. The combined GWP for domestic and offshore segments grew by 3.7% YoY to US$8.74 billion (S$11.2 billion), reflecting sustained […]
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brac bank extends banking to hinterlands BRAC Bank Extends Banking to Hinterlands

BRAC Bank Extends Banking to Hinterlands

Banking in Bangladesh has entered a new phase of inclusion, expanding far beyond its traditional urban footprint to serve communities in some of the country’s most remote and difficult terrains. What was once a service largely confined to city-based branches has now evolved into a decentralised system that reaches forest settlements, river islands, hill regions, […]
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shimanto bank expands cardholder protection Shimanto Bank Expands Cardholder Protection

Shimanto Bank Expands Cardholder Protection

Shimanto Bank has entered into a strategic partnership with Astha Life Insurance Company Ltd through a formal memorandum of understanding (MoU), aimed at enhancing financial protection for its credit cardholders. The agreement was signed at the bank’s head office, marking a significant step towards integrating banking services with comprehensive insurance coverage. Under this arrangement, credit […]
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shimanto bank expands cardholder protection 1 Shimanto Bank Expands Cardholder Protection

Shimanto Bank Expands Cardholder Protection

Shimanto Bank has entered into a strategic partnership with Astha Life Insurance Company Ltd through a formal memorandum of understanding (MoU), aimed at enhancing financial protection for its credit cardholders. The agreement was signed at the bank’s head office, marking a significant step towards integrating banking services with comprehensive insurance coverage. Under this arrangement, credit […]
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imf urges clear banking reform roadmap IMF Urges Clear Banking Reform Roadmap

IMF Urges Clear Banking Reform Roadmap

The International Monetary Fund (IMF) has called upon Bangladesh to formulate a clear, time-bound roadmap aimed at strengthening transparency, improving loan management, and advancing structural reforms within the country’s banking sector. The global financial institution has formally requested Bangladesh Bank to submit a written plan outlining these reform measures, signalling the importance it places on […]
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imf urges clear banking reform roadmap 1 IMF Urges Clear Banking Reform Roadmap

IMF Urges Clear Banking Reform Roadmap

The International Monetary Fund (IMF) has called upon Bangladesh to formulate a clear, time-bound roadmap aimed at strengthening transparency, improving loan management, and advancing structural reforms within the country’s banking sector. The global financial institution has formally requested Bangladesh Bank to submit a written plan outlining these reform measures, signalling the importance it places on […]
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record surge in remittance inflows Record Surge in Remittance Inflows

Record Surge in Remittance Inflows

Bangladesh has witnessed a notable surge in remittance inflows during the first 24 days of March, reflecting sustained financial contributions from expatriate workers across the globe. According to data released by the central bank, a total of 305 million US dollars was received during this period, marking a robust and positive trend in foreign currency […]
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record surge in remittance inflows 1 Record Surge in Remittance Inflows

Record Surge in Remittance Inflows

Bangladesh has witnessed a notable surge in remittance inflows during the first 24 days of March, reflecting sustained financial contributions from expatriate workers across the globe. According to data released by the central bank, a total of 305 million US dollars was received during this period, marking a robust and positive trend in foreign currency […]
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india reaffirms strong ties with bangladesh 1 India Reaffirms Strong Ties with Bangladesh

India Reaffirms Strong Ties with Bangladesh

India’s President, Droupadi Murmu, has extended warm greetings to Bangladesh on the occasion of its Independence and National Day, underscoring the deep-rooted friendship and enduring partnership between the two neighbouring countries. In a formal message conveyed on Wednesday, 25 March, through the Indian High Commission in Dhaka, she conveyed her best wishes to the President […]
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india reaffirms strong ties with bangladesh India Reaffirms Strong Ties with Bangladesh

India Reaffirms Strong Ties with Bangladesh

India’s President, Droupadi Murmu, has extended warm greetings to Bangladesh on the occasion of its Independence and National Day, underscoring the deep-rooted friendship and enduring partnership between the two neighbouring countries. In a formal message conveyed on Wednesday, 25 March, through the Indian High Commission in Dhaka, she conveyed her best wishes to the President […]
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