IDRA Under Fire Over Mandal CEO Controversy
The Insurance Development and Regulatory Authority (IDRA) has come under scrutiny following allegations of procedural misconduct in the prolonged legal …
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Business
Modhumoti Bank Partners Hyatt Place Uttara
Modhumoti Bank PLC has entered into a partnership agreement with Hyatt Place Dhaka Uttara to offer exclusive hospitality privileges to …
SBAC Bank Supports National Startup Fund
SBAC Bank PLC has contributed more than 2.58 crore taka to the national startup investment fund established under the initiative …
Global Insurance Neglects ₤55.5 Billion Reinsurance
Global Insurance PLC has failed to reinsure policies valued at approximately 55.5 billion taka, in clear breach of statutory requirements. …
Singapore Aviation Premiums Rise Amid Middle East Tensions
The intensifying conflict in Iran is prompting Singapore-based insurers and airlines to brace for rising aviation insurance costs and stricter …
Manulife Champions Transparent Promotions for Women
Equity in career advancement cannot rely on good intentions alone; it must be embedded in formal systems. Leah Ng, Chief …
Community Bank Arranges Textile Syndicated Facility
Community Bank Bangladesh PLC has signed syndication mandate agreements with R.A. Spinning Mills Ltd. and Outpace Spinning Mills Ltd. to …
City Bank and Toyota Seal Partnership
City Bank PLC and Toyota Bangladesh Limited have entered into a strategic partnership aimed at strengthening financial cooperation and supporting …
Oil Prices Soar Above Hundred Dollar Per Barrel Mark
International oil markets have experienced a dramatic surge, with the price of Brent crude exceeding one hundred dollars per barrel …
Asia-Pacific Reinsurers Face Rising Catastrophe Costs
Asia-Pacific reinsurers are navigating a challenging landscape of escalating natural disaster losses, yet they have sustained steady growth over the …