Category: Business

economic strain of war threatens trump Economic Strain of War Threatens Trump

Economic Strain of War Threatens Trump

The ongoing conflict between the United States and Iran has failed to rally domestic support for President Donald Trump. Instead, the war is highly unpopular among American citizens, and the sudden spike in oil prices is gradually affecting nearly every sector of the US economy. Analysts warn that, irrespective of the military outcome, the economic […]
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fct broadens health insurance for journalists FCT Broadens Health Insurance for Journalists

FCT Broadens Health Insurance for Journalists

The Federal Capital Territory Administration (FCTA) has significantly expanded health insurance coverage for journalists in Abuja, bringing approximately 480 media professionals under the FCT Health Insurance Scheme (FHIS). The initiative, launched for members of the Nigeria Union of Journalists (NUJ), FCT Council, marks a major milestone in prioritising the welfare of media practitioners in the […]
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surge in counterfeit currency ahead of eid Surge in Counterfeit Currency Ahead of Eid

Surge in Counterfeit Currency Ahead of Eid

As the celebration of Eid al-Fitr approaches, the trade in counterfeit currency has once again become active in Jhenaidah and neighbouring districts. Criminal networks are exploiting the surge in market transactions during the festive season to circulate fake banknotes, placing small and medium-sized business owners at greatest risk. Kawsar Ali, a fruit vendor in Jhenaidah’s […]
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iran conflict challenges global reinsurance systems Iran Conflict Challenges Global Reinsurance Systems

Iran Conflict Challenges Global Reinsurance Systems

The intensifying confrontation between the United States, Israel, and Iran is testing the resilience of the global reinsurance market, forcing insurers and reinsurers to reassess risk exposure across multiple lines. Experts warn that the crisis highlights the limits of traditional reinsurance structures in absorbing sudden geopolitical shocks. Ben Rose, co-founder of Supercede, described the situation […]
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us establishes 20 billion reinsurance for strait shipping U.S. Establishes $20 Billion Reinsurance for Strait Shipping

U.S. Establishes $20 Billion Reinsurance for Strait Shipping

The United States has launched a $20 billion government-backed maritime reinsurance programme to secure the uninterrupted movement of commercial vessels through the strategically vital Strait of Hormuz. The programme comes in response to escalating regional tensions and the growing risk of conflict-related incidents in the Persian Gulf, with American insurer Chubb designated as the lead […]
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ebl recognises outstanding women entrepreneurs EBL Recognises Outstanding Women Entrepreneurs

EBL Recognises Outstanding Women Entrepreneurs

Eastern Bank PLC recently celebrated the achievements of women entrepreneurs who successfully repaid loans under the Small Enterprise Refinance Scheme for Women Entrepreneurs, a targeted initiative launched by Bangladesh Bank to empower female-led small and medium enterprises (SMEs). The programme provides refinancing support to participating banks, enabling women entrepreneurs to access finance under favourable conditions […]
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prime bank sponsors landmark student awards Prime Bank Sponsors Landmark Student Awards

Prime Bank Sponsors Landmark Student Awards

Prime Bank PLC has entered into a partnership with The Daily Star as the Title Sponsor of the distinguished O and A Levels Awards, underscoring its commitment to recognising academic excellence and empowering the nation’s youth. The forthcoming edition of the awards will mark the 25th instalment of the programme, representing a significant milestone in […]
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philippines insurance faces protection and cyber challenges Philippines Insurance Faces Protection and Cyber Challenges

Philippines Insurance Faces Protection and Cyber Challenges

Leaders and policymakers in the Philippine insurance sector convened this week to discuss key structural challenges and emerging opportunities, highlighting a significant protection gap, low life insurance penetration, rising cyber threats, and the need for simpler, customer-centric products. The Philippines currently faces a protection gap estimated at USD 400 billion, roughly equivalent to the country’s […]
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