Category: Asia

Hong Kong Approves CNNCs First 2026 Captive Hong Kong Approves CNNC’s First 2026 Captive

Hong Kong Approves CNNC’s First 2026 Captive

The Hong Kong Insurance Authority (IA) has granted formal authorisation to CNNC Captive Insurance Limited, marking the first captive insurer approval in 2026. Established by the China National Nuclear Corporation (CNNC), this latest addition brings the total number of licensed captive insurers in Hong Kong to seven, reflecting the city’s growing appeal as a hub […]
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Armed Robbery and Temple Theft in Sitakunda BPO Sector, a Major Foreign Currency Earner, Under Pressure Amid Rising Mugging Incidents in the Capital

BPO Sector, a Major Foreign Currency Earner, Under Pressure Amid Rising Mugging Incidents in the Capital

The growing mugging crisis across the capital is no longer merely a matter of public safety; it has also become a serious threat to one of the country’s key foreign currency–earning industries — the Business Process Outsourcing (BPO) sector. Most of these BPO companies, which manage back-office operations for foreign organisations, operate in alignment with […]
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Florida Property Insurance Overhaul Gains Momentum Florida Property Insurance Overhaul Gains Momentum

Florida Property Insurance Overhaul Gains Momentum

Significant developments have emerged in Florida’s home and commercial property insurance sector, as legislators move to reduce reliance on the state-run Citizens Property Insurance programme. A new proposal aimed at shifting more condominium and commercial policies away from Citizens has been sent to Governor Ron DeSantis for approval. On Monday, the Florida House approved the […]
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Ninth Pay Scale Implementation Faces Gradual Approach 3 Ninth Pay Scale Implementation Faces Gradual Approach

Ninth Pay Scale Implementation Faces Gradual Approach

The proposed implementation of the new pay structure for government officials, commonly referred to as the Ninth Pay Scale, remains under review and discussion. While the government has expressed policy-level support, ongoing economic instability and global uncertainties have reinforced the need for a phased and cautious rollout. Government sources indicate that heightened tensions and ongoing […]
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Limited Bank Branches to Operate During Eid Holidays 1 Limited Bank Branches to Operate During Eid Holidays

Limited Bank Branches to Operate During Eid Holidays

In anticipation of the upcoming Eid-ul-Fitr, Bangladesh Bank has instructed that select bank branches located near the ready-made garment (RMG) industrial areas remain open on a limited basis, even during the government-declared holidays. The primary aim of this directive is to ensure timely payment of workers’ salaries, allowances, and bonuses, as well as to facilitate […]
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Nineteen Cattle Recovered After Gazipur Robbery Nineteen Cattle Recovered After Gazipur Robbery

Nineteen Cattle Recovered After Gazipur Robbery

In a remarkable display of rapid police response, authorities in Gazipur successfully recovered nineteen stolen cattle along with the truck used in the heist, barely half an hour after the robbery occurred. Despite the swift action, the suspects managed to escape, leaving law enforcement to launch an ongoing manhunt. The prompt intervention prevented significant losses […]
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