Category: Business

us insurance sector sees executive reshuffle US Insurance Sector Sees Executive Reshuffle

US Insurance Sector Sees Executive Reshuffle

Several leading firms in the United States insurance industry have unveiled significant senior leadership changes this week, signalling a renewed focus on operational efficiency, underwriting excellence, and growth in employee benefits services. The appointments come amid strategic organisational transformations aimed at strengthening both market responsiveness and client-centric capabilities. Andover Expands Executive Leadership The Andover Companies […]
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limited interbank clearing during eid holidays Limited Interbank Clearing During Eid Holidays

Limited Interbank Clearing During Eid Holidays

The central bank of Bangladesh has introduced a revised schedule for interbank cheque settlement during the forthcoming Eid-ul-Fitr holidays, allowing limited banking operations on 18 and 19 March in selected industrial areas. The move is intended primarily to facilitate the timely payment of salaries, bonuses and allowances to workers in the country’s export-oriented garment sector, […]
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gulf shipping insurance plan faces industry resistance Gulf Shipping Insurance Plan Faces Industry Resistance

Gulf Shipping Insurance Plan Faces Industry Resistance

In response to escalating geopolitical tensions in the Middle East, particularly the near‑halt of maritime traffic through the strategic Strait of Hormuz, **President Donald J. Trump has unveiled a controversial government‑backed shipping insurance and reinsurance initiative. The scheme aims to revive commercial transit through the chokepoint — through which roughly one‑fifth of the world’s oil […]
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apac cybersecurity gap threatens households APAC Cybersecurity Gap Threatens Households

APAC Cybersecurity Gap Threatens Households

Households across the Asia-Pacific (APAC) region remain increasingly vulnerable to cybercrime, as confidence in online safety frequently exceeds actual security practices. The latest APAC Cyber Safety Landscape 2026 report by bolttech reveals a persistent mismatch between what consumers believe about their cybersecurity and how they behave online. Perception vs Reality The study, which surveyed 3,850 […]
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citizens bank partners with breb nationwide Citizens Bank Partners with BREB Nationwide

Citizens Bank Partners with BREB Nationwide

In a move aimed at improving payment accessibility for rural consumers, Citizens Bank PLC has signed a strategic agreement with the Bangladesh Rural Electrification Board (BREB) to facilitate nationwide electricity bill collection. The signing ceremony took place at BREB’s Head Office in Nikunja-2, Dhaka, bringing together senior officials from both organisations. The agreement was executed […]
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dilbar the pinnacle of luxury marine insurance Dilbar: The Pinnacle of Luxury Marine Insurance

Dilbar: The Pinnacle of Luxury Marine Insurance

The superyacht Dilbar, privately owned by Russian billionaire , stands as one of the world’s most valuable insured assets. Industry assessments and evaluations from the United States Department of the Treasury estimate the vessel’s worth at $600–735 million, making it a high-risk yet highly coveted entity within the global marine insurance market. Constructed by Germany’s […]
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seven day closure for bangladesh stock exchanges Seven-Day Closure for Bangladesh Stock Exchanges

Seven-Day Closure for Bangladesh Stock Exchanges

In observance of the sacred Shab-e-Qadr and the upcoming Eid-ul-Fitr, Bangladesh’s two principal stock exchanges—the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE)—will remain closed for a continuous period of seven days, from 17 March to 23 March. This information has been confirmed by sources at both exchanges. The closure follows a government […]
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bangladesh reserves rise amid middle east tensions Bangladesh Reserves Rise Amid Middle East Tensions

Bangladesh Reserves Rise Amid Middle East Tensions

Amid ongoing conflict in the Middle East, Bangladesh’s foreign currency reserves have increased, reaching USD 34.29 billion, signalling a robust position despite global uncertainties. The development was confirmed on Wednesday (11 March) by Arif Hossain Khan, Executive Director and spokesperson of Bangladesh Bank. Latest Reserve Figures According to the central bank’s most recent data, as […]
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