Category: Business

Rising Demand for Wedding Insurance Abroad

Rising Demand for Wedding Insurance Abroad

The trend of Indian couples hosting weddings overseas has surged in recent years, driving a corresponding increase in the purchase of travel insurance. This shift reflects not only the growing popularity of destination weddings but also heightened awareness of the potential financial and medical risks associated with lengthy and expensive international travel. Growth and Trends […]
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Digital Banks Transform Global Transfers

Digital Banks Transform Global Transfers

For decades, sending money across borders was synonymous with delay, opacity and high cost. Lengthy paperwork, unfavourable exchange rates and steep commission charges often eroded the value of remittances before they even reached their destination. Today, however, a new generation of fully digital financial institutions has dramatically reshaped that experience. Known as neobanks, these branchless, […]
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ইস্টার্ন ব্যাংক চালু করলো বিশেষ চাহিদার শিশুদের লাইব্রেরি EBL Funds Libraries for Special Needs

EBL Funds Libraries for Special Needs

Eastern Bank PLC has launched a significant initiative to foster a more inclusive educational environment for children with special educational needs. Under its flagship corporate social responsibility programme, ‘Project Briddhi’, the bank has entered into a strategic partnership with Footsteps Bangladesh to establish specialised libraries designed to serve children who are often overlooked within mainstream […]
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Global Insurance Sector Sees Strategic Shifts

Global Insurance Sector Sees Strategic Shifts

Between 23 and 27 February 2026, the global insurance sector experienced a flurry of strategic activities, signalling a renewed focus on digital transformation, business expansion, and leadership realignment. During this period, high-profile partnerships, acquisitions, financing deals, distribution agreements, and executive appointments were announced, reflecting the industry’s ongoing evolution. Strategic Partnerships and Cloud Expansion Japan’s SOMPO […]
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Historic East India Company Declares Bankruptcy

Historic East India Company Declares Bankruptcy

The historic British institution, the East India Company, is poised to close its doors permanently, ending nearly two centuries of storied existence. Established in 1757, the company profoundly shaped India’s trade and political landscape, leaving an indelible mark on the history of imperial commerce. Historians regard its bankruptcy as a significant chapter closing in the […]
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Asia Emerges as Global Insurance Growth Hub

Asia Emerges as Global Insurance Growth Hub

The Asia-Pacific region is increasingly establishing itself as the focal point of global insurance growth. Recent international reports indicate that in the coming years, a substantial portion of worldwide insurance expansion will originate from this dynamic region. This shift suggests that the traditional insurance strongholds of North America and Europe are gradually ceding their position […]
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Pragati Insurance Concludes 340th Board Meeting

Pragati Insurance Concludes 340th Board Meeting

Pragati Insurance Private Limited held its 340th Board of Directors meeting on 24 February 2026 at the company’s head office. The meeting was chaired by Syed M. Altaf Hussain, Chairman of the company, who presided over the proceedings and presented the agenda for discussion. All board members were present, including both executive and non-executive directors. […]
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Prime Bank and Akter Properties Forge Strategic Partnership

Prime Bank and Akter Properties Forge Strategic Partnership

Prime Bank PLC and Akter Properties Limited have launched a significant joint initiative aimed at enhancing customer benefits within the nation’s housing and banking sectors. The collaboration introduces attractive incentives for prospective homebuyers, combining bank-backed financial facilities with exclusive property discounts. The formal agreement was signed at a ceremony held at Prime Aspire in Dhaka, […]
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Central Bank Governor Departs Amid Turmoil

Central Bank Governor Departs Amid Turmoil

The Governor of the nation’s central bank has stepped down following an extraordinary episode of internal unrest, marking one of the most turbulent chapters in the institution’s recent history. A day of mounting tension at the bank’s headquarters culminated in the cancellation of his contractual appointment, triggering fresh debate within financial and policy-making circles. The […]
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Australians Back Private Health Funding Reform

Australians Back Private Health Funding Reform

A recent survey has revealed strong public support among Australian private health insurance holders for reforms to private hospital funding. Conducted by Money.com.au, the survey found that nearly 80% of respondents favour changes aimed at reducing out-of-pocket costs for patients, signalling widespread interest in transforming the healthcare financing system. Currently, the funding system combines insurance […]
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