Category: Updates

Prosecutor Accused of Demanding Crore for Bail

Prosecutor Accused of Demanding Crore for Bail

The family of former Awami League parliamentarian ABM Fazle Karim Chowdhury has claimed that an International Crimes Tribunal (ICT) prosecutor solicited a bribe of one crore taka in exchange for securing his bail. Chowdhury, who represented Chattogram-6 (Rauzan), has been in detention since 12 September 2024 over allegations of involvement in crimes against humanity during […]
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Baz Luhrmann Envisions Jazz Age Wuthering Heights

Baz Luhrmann Envisions Jazz Age Wuthering Heights

Acclaimed Australian director Baz Luhrmann has announced plans to reimagine Charli XCX’s Wuthering Heights soundtrack in a “Jazz Age” style. The revelation came during an interview with Wallpaper, in which Luhrmann also discussed his latest creative venture: designing a bespoke carriage for Belmond’s British Pullman train. Known for his visually opulent films such as Moulin […]
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Shreya Ghoshal Emerges India’s Highest-Paid Singer

Shreya Ghoshal Emerges India’s Highest-Paid Singer

Indian playback sensation Shreya Ghoshal entered the music world at just sixteen, winning the reality television contest Sa Re Ga Ma Pa. Her captivating voice soon drew the attention of filmmaker Sanjay Leela Bhansali, who selected her to sing in the critically acclaimed film Devdas. This opportunity instantly propelled her into the spotlight, establishing her […]
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Global Insurance Neglects ₤55.5 Billion Reinsurance

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. According to the Insurance Act 2010, insurance companies must arrange reinsurance for all re-insurable policies; failure to do so can result in suspension or cancellation of the company’s licence. The omission exposes both the insurer […]
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Singapore Aviation Premiums Rise Amid Middle East Tensions

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 policy conditions, according to legal and industry experts. Tristan Thompson, Partner at Kennedys, highlighted that the recent escalation compounds pressures lingering from the 2022 Ukraine crisis, placing Singapore’s aviation sector at a heightened risk. “The […]
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Manulife Champions Transparent Promotions for Women

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 Bancassurance Officer at Manulife (Singapore) Pte. Ltd., has urged the insurance industry to establish structured promotion pathways, highlighting the persistent structural barriers that prevent women from reaching senior leadership roles. Ng told Insurance Asia that […]
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Iranian Women Footballers Seek Refuge Amid Safety Concerns Iranian Women Footballers Seek Refuge Amid Safety Concerns

Iranian Women Footballers Seek Refuge Amid Safety Concerns

Five members of the Iranian women’s national football team have sought refuge in a secure location in Australia following the conclusion of the Women’s Asian Cup, amid serious safety fears and uncertainty over their return home. Initially scheduled to return to Iran after the group stage, the players now face heightened scrutiny and potential threats, […]
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Community Bank Arranges Textile Syndicated Facility

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 arrange a syndicated financing facility amounting to BDT 6,500 million. The initiative is designed to strengthen the financial capacity and operational expansion of the two textile manufacturing companies, both of which play an active role […]
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City Bank and Toyota Seal Partnership

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 the operational growth of the automobile company in Bangladesh. The partnership was formalised through the signing of a Memorandum of Understanding at the head office of City Bank in Dhaka, signalling a new phase of […]
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