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BIF Forms Oversight Committee for Zero Commission Policy

BIF Forms Oversight Committee for Zero Commission Policy

GLive24.com DeskJanuary 8, 2026

The Bangladesh Insurance Forum (BIF), the apex body representing the country’s insurance sector, has established a special oversight committee to monitor the effective implementation of the zero-percentage commission policy in the non-life insurance sector. The formation of the committee follows a recent circular issued by the Insurance Development and Regulatory Authority (IDRA), which mandated the […]

Georgia Introduces Mandatory Health Insurance for Tourists

Georgia Introduces Mandatory Health Insurance for Tourists

GLive24.com DeskJanuary 8, 2026

Qatar Airways has alerted its passengers that, starting January 2026, all tourists entering Georgia will be required to present valid health and accident insurance documentation. The new legislation mandates proof of insurance for the entire duration of a visitor’s stay, aiming to ensure safe travel while alleviating potential strain on the country’s healthcare system. The […]

Ziaul Haque Appointed Managing Director of LICB

Ziaul Haque Appointed Managing Director of LICB

GLive24.com DeskJanuary 8, 2026

The Government of Bangladesh has appointed a new leadership to steer the country’s life insurance sector, signalling a renewed strategic direction for one of the nation’s oldest financial institutions. Mohammad Ziaul Haque, previously serving as Additional Secretary at the Ministry of Power, Energy and Mineral Resources, has been appointed Managing Director (MD) of the Life […]

Manulife Unveils Innovative Savings Plans in Hong Kong

Manulife Unveils Innovative Savings Plans in Hong Kong

GLive24.com DeskJanuary 7, 2026

In response to the growing diversity and demand in Hong Kong’s savings and wealth management market, Manulife Hong Kong has launched two new life insurance-based savings plans. The newly introduced products—the Genesis Centurion Insurance Plan and the Prestige Achiever Insurance Plan—are designed to provide customers with long-term wealth accumulation, flexible cash withdrawal options, and financial […]

India’s Restrictions Cause Decline in Bangladeshi Exports

India’s Restrictions Cause Decline in Bangladeshi Exports

GLive24.com DeskJanuary 7, 2026

Bangladesh’s exports to India have experienced a marked decline in recent months, largely due to a series of trade restrictions imposed by the Indian government. Data from the first five months of the current fiscal year (July–November) reveal that exports to India dropped by approximately 6.68 per cent, falling to USD 76 million compared with […]

Bangladesh Bank Expands Home Loan Limits Strategically

Bangladesh Bank Expands Home Loan Limits Strategically

GLive24.com DeskJanuary 7, 2026

In response to escalating urbanisation, persistent rises in construction material costs, and growing housing demand among the middle and upper-middle classes, Bangladesh Bank has introduced a revised home loan policy. The updated framework significantly increases borrowing limits for eligible customers while maintaining prudent risk management. Policy makers and banking sector experts anticipate that this initiative […]

Central Bank Orders Gender Sensitive Washrooms in All Banks Central Bank Orders Gender-Sensitive Washrooms in All Banks

Central Bank Orders Gender-Sensitive Washrooms in All Banks

GLive24.com DeskJanuary 7, 2026

In a definitive move to promote workplace equality and public health, Bangladesh Bank has issued a mandatory directive requiring all scheduled banks to establish gender-sensitive and hygienic washroom facilities. The central bank’s circular, disseminated on Tuesday, 6 January 2026, targets the chronic lack of adequate sanitary infrastructure that has long inconvenienced female staff and customers […]

Central Bank Acquires 223 Million to Stabilise Reserves Central Bank Acquires $223 Million to Stabilise Reserves

Central Bank Acquires $223 Million to Stabilise Reserves

GLive24.com DeskJanuary 7, 2026

In a decisive move to bolster national liquidity, Bangladesh Bank has purchased an additional $223.50 million from 14 commercial banks. The transaction, conducted on Tuesday, 6 January 2026, reflects the central bank’s intensified efforts to manage foreign exchange volatility and replenish the nation’s “war chest” of reserves as the new calendar year commences. Transaction Details […]

The Digital Frontier Why Bancassurance Matters for Bangladesh The Digital Frontier: Why Bancassurance Matters for Bangladesh

The Digital Frontier: Why Bancassurance Matters for Bangladesh

GLive24.com DeskJanuary 7, 2026

In the rapidly evolving financial landscape of Bangladesh, Bancassurance has transitioned from an experimental novelty to a vital strategic necessity. This symbiotic partnership between banks and insurance providers aims to create a “one-stop shop” for financial services. By integrating insurance products into the digital banking ecosystem, the sector is poised to offer a seamless experience […]

Suman Agency Honoured as Best Agency 2025

Suman Agency Honoured as Best Agency 2025

GLive24.com DeskJanuary 6, 2026

MetLife Bangladesh has recently recognised Suman Agency of Noakhali as the “Best Agency 2025”, acknowledging its exceptional performance in the country’s life insurance sector. This marks the second consecutive year the agency has received this prestigious accolade, reflecting its professionalism, innovative practices, and significant contribution to the market. According to MetLife Bangladesh, Suman Agency earned […]

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