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Category: Economy

Zenith Islami Life Holds Executive Conference in Bandarban

Zenith Islami Life Holds Executive Conference in Bandarban

In the serene, Himalayan-inspired landscapes of Bandarban, Zenith Islami Life recently hosted a high-level executive conference for its senior management. The special gathering took place on Monday, 2 February 2026, at the Hill View Resort conference hall, welcoming over 200 company executives. The event, designed as an exclusive “executive get-together,” aimed to foster knowledge-sharing, stimulate […]
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Bangladesh Bank Bolsters Reserves with Major Dollar Purchase Bangladesh Bank Bolsters Reserves with Major Dollar Purchase

Bangladesh Bank Bolsters Reserves with Major Dollar Purchase

The Bangladesh Bank has significantly enhanced the nation’s foreign exchange reserves by purchasing over $4 billion from commercial banks through auctions during the current fiscal year. This strategic accumulation reflects a robust recovery in the country’s external sector, primarily driven by a surge in inward remittances. Record Purchases in February On Monday, 2 February 2026, […]
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Thailand and Laos Unite to Modernise Insurance Sectors Thailand and Laos Unite to Modernise Insurance Sectors

Thailand and Laos Unite to Modernise Insurance Sectors

In a significant move towards regional financial integration, Thailand and the Lao People’s Democratic Republic (Laos) have formalised a strategic partnership aimed at expanding, modernising, and regulating their respective insurance markets. This bilateral initiative focuses on critical emerging sectors, including inclusive health insurance, regulatory frameworks for Electric Vehicles (EVs), and the standardisation of electronic insurance […]
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Intesa Sanpaolo Unveils Ambitious 2026–2029 Strategy Intesa Sanpaolo Unveils Ambitious 2026–2029 Strategy

Intesa Sanpaolo Unveils Ambitious 2026–2029 Strategy

Milan, 2 February – Italy’s largest bank, Intesa Sanpaolo, has unveiled its new strategic plan for 2026–2029, aiming to strengthen profitability, enhance shareholder returns, and accelerate digital investment. Under the plan, the bank targets a 25% increase in net profit, reaching approximately €11.5 billion (around $13.6 billion) by 2029, while distributing roughly €50 billion to […]
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Record Growth in India’s Insurance Premiums

Record Growth in India’s Insurance Premiums

India’s insurance sector has experienced a remarkable transformation over the past decade, evolving from an agent-centric model to a more integrated omni-channel distribution approach. According to a recent report by CareEdge Ratings, total insurance premiums surged from $45.7 billion (₹4,150 billion) in the 2015 fiscal year to $131.2 billion (₹11,930 billion) in FY 2025, reflecting a compound annual growth rate […]
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Central Bank Urge Sonali Bank to Expand Lending Activity

Central Bank Urge Sonali Bank to Expand Lending Activity

Dr. Ahsan H. Mansur, Governor of Bangladesh Bank, on Monday called on state-owned Sonali Bank Limited to adopt a more proactive role in expanding its lending portfolio. Speaking at the bank’s Annual Conference 2026, held at the International Convention Centre, he emphasised that the institution must operate fully as a commercial bank and actively contribute […]
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