Category: Business

Benken Blaze Highlights Swiss Insurance Challenges

March 25, 2026

On 25 March 2026, a catastrophic fire destroyed a single-family residence in Benken, St. Gallen, Switzerland, leaving the property a total loss and causing minor injuries to one resident. The rapid response of local fire services prevented the fire from spreading to neighbouring homes, but the incident has drawn significant attention from both national and […]

Shepherd Secures $42M to Transform Commercial Insurance

March 25, 2026

AI-driven commercial insurance platform Shepherd has successfully raised $42 million (approximately BDT 4,000 crore) in a Series B funding round led by Intact Private Capital, bringing the company’s total funding to $67 million. Shepherd specialises in providing commercial insurance for large-scale construction and infrastructure projects, including data centres, semiconductor facilities, and AI-supporting energy assets. The […]

NBR Streamlines Online Permits for Industry

March 25, 2026

The National Board of Revenue (NBR) has successfully issued nearly 25,000 online usage permits (UPs) in the first two and a half months of 2026, according to a recently released press statement. This digital initiative has significantly facilitated the use of duty-free raw materials for industrial enterprises while accelerating import-export procedures and enhancing transparency across […]

Today’s Exchange Rates: 25 March 2026

March 25, 2026

Bangladesh’s economic links with the global market continue to strengthen, driven in large part by trade, investment, and the steady flow of remittances from millions of Bangladeshis living abroad. The inflow of foreign currency from overseas workers plays a crucial role in sustaining the country’s economic momentum. To assist businesses and expatriates with their foreign […]

Fuel Imports Lag Amid Middle East Conflict

March 25, 2026

Bangladesh faces a critical shortfall in fuel imports as ongoing conflict in the Middle East disrupts supply chains. Despite proactive planning by the Bangladesh Petroleum Corporation (BPC), only a quarter of the nation’s fuel demand has been secured for March. Since the outbreak of hostilities, 25 oil and gas tankers have docked at Chattogram Port, […]

Fuel Imports Lag Amid Middle East Conflict

March 25, 2026

Automation Threatens 43% of Insurance Roles

March 25, 2026

The insurance sector is confronting a profound transformation as automation and digital technologies begin to reshape traditional operational models. A new report by Aon, titled Three Roles to Build Insurance’s Next-Generation Workforce, estimates that by 2030, 43% of insurance tasks could be replaced by automation, while 97% of insurers are accelerating adoption of automated solutions. […]

Automation Threatens 43% of Insurance Roles

March 25, 2026

APAC Fuels Global Insurance M&A Recovery

March 25, 2026

Global insurance mergers and acquisitions showed signs of stabilisation in 2025, with the Asia-Pacific (APAC) region emerging as the primary engine of recovery. Clyde & Co’s annual Insurance Growth Update reported a total of 211 completed deals worldwide last year, a modest increase from 202 deals in 2024. While this figure marks an end to […]