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Category: Economy

Asia Pacific Markets Stir Amid Trade Tensions and Inflation Pressures Asia-Pacific Markets Stir Amid Trade Tensions and Inflation Pressures

Asia-Pacific Markets Stir Amid Trade Tensions and Inflation Pressures

GLive24.com DeskJanuary 27, 2026
Hong Kong, 27 January 2026 — Financial markets across the Asia-Pacific region experienced notable volatility on Tuesday, with gold and silver prices climbing amid rising geopolitical and economic tensions. The turbulence follows an announcement by U.S. President Donald Trump, who declared a 25% tariff increase on certain South Korean goods, igniting renewed trade friction in […]
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Europe Faces Economic Setback Risk Amid Banking Regulation Pressures Europe Faces Economic Setback Risk Amid Banking Regulation Pressures

Europe Faces Economic Setback Risk Amid Banking Regulation Pressures

GLive24.com DeskJanuary 27, 2026
London, 27 January 2026 — Europe’s economic growth risks lagging behind other regions unless the European Union (EU) reforms regulatory frameworks that are currently hampering banks’ lending capabilities, the European Banking Federation (EBF) has warned. Sławomir Krupa, President of the EBF and Chief Executive Officer of France’s Société Générale, cautioned that the existing supervisory and […]
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Mobile Phone Insurance Market Nears $70bn

Mobile Phone Insurance Market Nears $70bn

Jim Rahman Sub-Editor (News Desk) | glive24.comJanuary 27, 2026
The global mobile phone insurance market is on a strong growth trajectory and is forecast to surpass a valuation of 70 billion US dollars by 2029, reflecting fundamental shifts in consumer behaviour and technology adoption. Although still modest in size compared with the broader insurance and financial services industries, the segment is increasingly recognised as […]
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HLIA Targets Strategic Growth in Hong Kong Insurance

HLIA Targets Strategic Growth in Hong Kong Insurance

Jim Rahman Sub-Editor (News Desk) | glive24.comJanuary 27, 2026
Hong Long Insurance (Asia) Limited (HLIA) is actively pursuing an expansion of its footprint in Hong Kong’s general insurance market. According to a recent report by credit rating agency A.M. Best, HLIA is focused on growing its commercial insurance portfolio while leveraging its existing customer base to introduce new products through cross-selling in the personal […]
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Community Bank Joins National Pension Drive

Community Bank Joins National Pension Drive

Jim Rahman Sub-Editor (News Desk) | glive24.comJanuary 27, 2026
Community Bank Bangladesh PLC has formally partnered with the National Pension Authority (NPA) to expand and simplify access to Bangladesh’s Universal Pension Scheme, a flagship social security initiative aimed at providing long-term financial protection for a broad cross-section of citizens. Stakeholders believe the collaboration will make the collection of monthly pension contributions more efficient, transparent […]
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Progressive Life Simplifies Payments via Rocket and NexusPay Progressive Life Simplifies Payments via Rocket and NexusPay

Progressive Life Simplifies Payments via Rocket and NexusPay

GLive24.com DeskJanuary 27, 2026
Progressive Life Insurance Company Limited has taken a significant stride towards digital transformation by launching a seamless premium payment facility in collaboration with Dutch-Bangla Bank PLC (DBBL). Policyholders can now settle their insurance dues instantaneously using the Rocket mobile financial service and the NexusPay application, marking a shift toward greater consumer convenience and financial digitisation. […]
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Struggling Firm Wins Excellence Award Despite Systemic Decline Struggling Firm Wins Excellence Award Despite Systemic Decline

Struggling Firm Wins Excellence Award Despite Systemic Decline

GLive24.com DeskJanuary 27, 2026
The Bangladesh insurance industry is facing a crisis of credibility following the announcement of the IDRA Insurance Excellence Award 2025. Industry analysts have expressed profound bewilderment as the insurance regulator, the Insurance Development and Regulatory Authority (IDRA), bestowed a top-tier honour upon Eastland Insurance PLC, despite the company recording a consistent decline in every major […]
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