Category: Asia

Bangladesh Bank Faces New Currency Shortage Before Eid

Bangladesh Bank Faces New Currency Shortage Before Eid

The demand for physical banknotes in Bangladesh traditionally surges during the festival of Eid-ul-Adha. For the upcoming season, Bangladesh Bank’s Currency Management Department has placed a requisition for 16,000 crore BDT in new banknotes from the Security Printing Corporation (Bangladesh) Ltd, also known as the Mint. However, the Mint has reported that it can only […]
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Bangladesh Bank Bars Staff From Industry-Funded Engagements

Bangladesh Bank Bars Staff From Industry-Funded Engagements

In a definitive measure to reinforce institutional transparency and eliminate potential conflicts of interest, Bangladesh Bank has introduced a rigorous prohibition on its staff regarding industry-funded professional activities. According to an official directive issued by the central bank on Wednesday, officials and employees are now strictly forbidden from participating in training programmes, seminars, and workshops […]
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BRAC Bank to Modernise Karnaphuli Gas Bill Collection

BRAC Bank to Modernise Karnaphuli Gas Bill Collection

BRAC Bank and Karnaphuli Gas Distribution Company Limited (KGDCL) have entered into a strategic partnership to implement a digital gas bill collection system. The collaboration, formalised on 5 May 2026, is aimed at improving payment accessibility and operational transparency for customers across the utility provider’s service zones. Digital Infrastructure and API Integration The core of […]
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Prime Bank and Hazrat Shah Ali Mohila College Sign MoU

Prime Bank and Hazrat Shah Ali Mohila College Sign MoU

Prime Bank PLC has entered into a strategic partnership with Hazrat Shah Ali Mohila College through its dedicated educational banking platform, PrimeAcademia. The collaboration was formalised via a Memorandum of Understanding (MoU) aimed at delivering a sophisticated suite of financial services specifically engineered for the academic sector. Scope of the Financial Partnership The agreement introduces […]
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Expectant Mother Perishes Following Lightning Strike In Rajbari 1 Expectant Mother Perishes Following Lightning Strike In Rajbari

Expectant Mother Perishes Following Lightning Strike In Rajbari

A tragic meteorological incident has claimed the life of a nine-month-pregnant woman in the Rajbari Sadar Upazila of central Bangladesh. The victim, identified as thirty-year-old Bonna, was fatally struck by lightning during a sudden period of atmospheric instability on Wednesday, 13 May. The incident occurred at approximately 3:30 pm within the precincts of her family […]
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Couple Arrested In Nawabganj Minor Sexual Assault Case 2 Couple Arrested In Nawabganj Minor Sexual Assault Case

Couple Arrested In Nawabganj Minor Sexual Assault Case

The Rapid Action Battalion (RAB-10) has successfully apprehended a man and his wife in connection with the alleged rape of an 11-year-old child in the Nawabganj upazila of Dhaka. The primary suspect, identified as sixty-year-old Mongol, and his spouse, forty-five-year-old Lipi Begum, were taken into custody during a targeted operation conducted on the night of […]
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Singapore Life Insurance Payouts Reach Record First Quarter 3 Singapore Life Insurance Payouts Reach Record First Quarter

Singapore Life Insurance Payouts Reach Record First Quarter

The Life Insurance Association, Singapore (LIA Singapore) released its industry performance data for the first quarter of 2026 (Q1 2026) on 13 May. The figures reveal that total claims, health payouts, and maturity disbursements reached S$5.79 billion across both individual life and health insurance categories. This performance highlights two concurrent trends within the Singaporean market: […]
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James Sarmiento Secures Insurance Career Through Strategic Focus 2 James Sarmiento Secures Insurance Career Through Strategic Focus

James Sarmiento Secures Insurance Career Through Strategic Focus

The journey of James Sarmiento, a student at the University of Nevada, Las Vegas (UNLV), serves as a definitive case study in professional adaptation and the transition from general finance aspirations to a specialised career in the insurance sector. As a peer mentor within UNLV’s First-Year Experience programme, Sarmiento spent a significant portion of his […]
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