Category: Asia

Professor Melita Mehjabin Takes Helm of National Bank Professor Melita Mehjabin Takes Helm of National Bank

Professor Melita Mehjabin Takes Helm of National Bank

Professor Melita Mehjabin has been appointed chairman of the board of directors of National Bank, replacing Abdul Awal Mintu, the former Minister for Environment, Forests and Climate Change and MP for Feni-3. Mintu stepped down in line with regulatory restrictions that prohibit sitting members of parliament from holding bank chairmanships. The decision was unanimously approved […]
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Saudi Arabia’s Crown Prince’s Role in Trump’s Iran Strikes

Saudi Arabia’s Crown Prince’s Role in Trump’s Iran Strikes

Tensions in the Middle East have surged to unprecedented levels following bold military strikes by the United States against Iran. According to multiple Washington-based sources, Saudi Arabia’s Crown Prince Mohammed bin Salman played a significant role in influencing President Donald Trump’s decision-making process. At the same time, Israel, long considering Iran a national security threat, […]
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Middle East Tensions Raise Bangladesh Energy Concerns

Middle East Tensions Raise Bangladesh Energy Concerns

Rising tensions between Israel and Iran in the Middle East have sparked concerns over Bangladesh’s energy security. Analysts warn that any disruption to the import of liquefied natural gas (LNG) or liquefied petroleum gas (LPG) could significantly impact the country’s power generation and industrial operations, which are heavily reliant on steady energy supplies. Volatility in […]
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Indonesia’s Non-Life Insurance Faces Natural Disaster Strain

Indonesia’s Non-Life Insurance Faces Natural Disaster Strain

Indonesia’s non-life insurance sector is navigating a challenging environment, as insurers grapple with rising natural disaster claims alongside strict capital requirements. Increasing liabilities from floods, wildfires, and other calamities have raised concerns over premium hikes, higher operational costs, and potential coverage limitations. Analysts indicate that insurers must adapt their strategies to align with new capital […]
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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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Remittances Surge Beyond Three Billion Dollars

Remittances Surge Beyond Three Billion Dollars

Bangladesh witnessed a remarkable surge in remittance inflows in February 2026, with expatriates sending a total of $3.02 billion, marking a 19.15% increase compared to February 2025, according to figures released by Bangladesh Bank. This is one of the highest monthly remittance inflows recorded in February in recent years, highlighting a continuing upward trajectory. Arif […]
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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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