/ Sep 07, 2026
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Category: Bangladesh

Legacy Systems Impede Returns on Insurance AI Spending

Legacy Systems Impede Returns on Insurance AI Spending

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMay 18, 2026
Insurance providers globally are escalating their capital expenditure on artificial intelligence (AI) to optimise underwriting and mitigate claims expenditures. However, a significant proportion of these firms continue to experience difficulties in securing clear financial returns. According to data from sector analysts, this deficit in profitability is directly attributable to outdated legacy systems and poorly integrated […]
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Pragati Insurance Concludes 342nd Session of the Board

Pragati Insurance Concludes 342nd Session of the Board

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMay 18, 2026
Pragati Insurance PLC has held its 342nd Board of Directors meeting to review ongoing operations and corporate governance. The administrative session took place on Thursday, 14 May, at the company’s principal corporate headquarters situated in the Kawran Bazar area of Dhaka. Governance and Executive Oversight The high-level meeting was convened under the leadership of Syed […]
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Premier Bank Clarifies Position on Narayanganj Branch LCs

Premier Bank Clarifies Position on Narayanganj Branch LCs

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMay 18, 2026
Premier Bank PLC has issued a formal clarification regarding recent media coverage concerning Letter of Credit (LC) transactions at its Narayanganj branch. The financial institution stated that the allegations in question are isolated to historical transactions executed between 2017 and 2023, a period administered by the bank’s previous chairman and Board of Directors. Regulatory Cooperation […]
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New Partnership Links Al-Arafah Islami Bank and DCIMCH

New Partnership Links Al-Arafah Islami Bank and DCIMCH

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMay 18, 2026
Al-Arafah Islami Bank PLC, a prominent Shariah-compliant financial institution in Bangladesh, has entered into a formal partnership with Dhaka Central International Medical College and Hospital (DCIMCH). The arrangement was ratified via a newly executed Memorandum of Understanding (MoU), according to an official press release issued by the bank. Overview of Benefits and Services The primary […]
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Bank Asia Recruits Trainee Officers Nationwide

Bank Asia Recruits Trainee Officers Nationwide

Yaman Ahmed Jim Sub-Editor (News Desk) | glive24.comMay 18, 2026
Bank Asia PLC, a private commercial banking institution, has officially released a recruitment notification seeking qualified personnel for the position of Trainee Officer. The application process commenced on 17 May 2026 and is scheduled to close on 31 May 2026. Eligible candidates are required to submit their applications through the bank’s official online platform. Successfully […]
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Government Criticised Over Deteriorating Public Security Framework 1 Government Criticised Over Deteriorating Public Security Framework

Government Criticised Over Deteriorating Public Security Framework

Md Sakib Hossain | Sub-Editor | GLive24.comMay 18, 2026
The National Citizen Party (NCP) Chief Organiser for the Southern Region and Member of Parliament for the Cumilla-4 constituency, Hasnat Abdullah, has delivered a detailed assessment critiquing the performance of the current administration regarding domestic public safety. Speaking during a formal political assembly, the lawmaker drew attention to what he described as a sharp and […]
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Abdul Mannan Appointed As New Petrobangla Chairman 2 Abdul Mannan Appointed As New Petrobangla Chairman

Abdul Mannan Appointed As New Petrobangla Chairman

Md Sakib Hossain | Sub-Editor | GLive24.comMay 18, 2026
The Government of Bangladesh has officially designated Additional Secretary Md Abdul Mannan to assume the role of chairman of the Bangladesh Oil, Gas and Mineral Corporation, widely recognized by its institutional acronym, Petrobangla. He takes over this vital state assignment on an additional duty basis alongside his existing responsibilities within the civil service. This appointment […]
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University Suspends Three Students Over Alleged Misconduct 2 University Suspends Three Students Over Alleged Misconduct

University Suspends Three Students Over Alleged Misconduct

Md Sakib Hossain | Sub-Editor | GLive24.comMay 18, 2026
Three students from the Hajee Mohammad Danesh Science and Technology University (HSTU) in Dinajpur have been detained following allegations of homosexuality made by their peers. The incident occurred on the night of Saturday, 16 May 2026, in the Heaven City area, a residential neighbourhood situated adjacent to the university campus. Following their initial detention by […]
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