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Category: Economy

CPD Flags Tax Inequality in Budget 2 CPD Flags Tax Inequality in Budget

CPD Flags Tax Inequality in Budget

GLive24.com DeskJune 21, 2026
The Centre for Policy Dialogue (CPD) has stated that the proposed budget for the 2026–27 fiscal year reflects significant disparities in the personal income tax structure within the private sector. According to the research organisation, the new tax framework places a comparatively higher burden on lower-income taxpayers, while the increase in tax liability for higher-income […]
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Banking Stability Reassurance Issued Banking Stability Reassurance Issued

Banking Stability Reassurance Issued

GLive24.com DeskJune 21, 2026
Islami Bank Bangladesh PLC has issued a precautionary statement aimed at restoring customer confidence and ensuring the full normalisation of its banking operations, following recent liquidity-related concerns and public uncertainty. In a notice released on Saturday (20 June), the bank stated that its operations are steadily returning to normal after experiencing temporary liquidity pressure. According […]
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Bangladesh Currency Rates Updated Daily Bangladesh Currency Rates Updated Daily

Bangladesh Currency Rates Updated Daily

GLive24.com DeskJune 21, 2026
Across the globe, over ten million Bangladeshis reside and work in various countries, forming one of the largest expatriate communities in the world. Their remittances play a vital role in strengthening Bangladesh’s foreign exchange reserves and supporting household incomes across rural and urban areas alike. Alongside remittance inflows, the country’s import–export dynamics and shifts in […]
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Global Insurers Expand Partnerships Amid Mounting Scrutiny 1 Global Insurers Expand Partnerships Amid Mounting Scrutiny

Global Insurers Expand Partnerships Amid Mounting Scrutiny

GLive24.com DeskJune 21, 2026
The global insurance sector observed an intense intensification of regulatory and risk-management oversight alongside a flurry of corporate partnerships, product launches, and digital distribution initiatives across Asia and the Middle East between 15 and 19 June 2026. Global companies are rapidly altering their operational models to balance emerging digital distribution pipelines with increasingly stringent cross-border […]
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Islami Bank Issues Vital Warning On Stability 1 Islami Bank Issues Vital Warning On Stability

Islami Bank Issues Vital Warning On Stability

GLive24.com DeskJune 21, 2026
Islami Bank Bangladesh PLC has issued a formal cautionary notification aimed at reconstructing consumer trust, reinforcing client confidence, and re-establishing long-term operational stability across its financial networks. The commercial banking institution released this official public directive on Saturday, 20 June 2026. The communication highlights the transitionary measures undertaken by the firm to protect regular monetary […]
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Indias General Insurance Premiums Rise Strongly 2 India’s General Insurance Premiums Rise Strongly

India’s General Insurance Premiums Rise Strongly

GLive24.com DeskJune 20, 2026
India’s general insurance sector continued its upward trajectory in May 2026, supported primarily by sustained expansion in health insurance. Total gross direct premium income (GDPI) of general insurers rose by 8.7 per cent year-on-year to ₹24,194.56 crore, reflecting steady demand despite broader economic variability. According to provisional data released by the General Insurance Council, the […]
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South Korean Insurers Face Pressure From Regulation 1 South Korean Insurers Face Pressure From Regulation

South Korean Insurers Face Pressure From Regulation

GLive24.com DeskJune 19, 2026
South Korean insurance providers are projected to experience more stable capital positions and steadier profitability as rising market interest rates reduce existing pressures on corporate solvency and support long-term investment returns. According to a formal sector assessment published by credit rating agency Fitch Ratings, elevated market interest rates are expected to moderate scheduled reductions in […]
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Allianz Tops 2026 Index for AI Adoption

GLive24.com DeskJune 19, 2026
Allianz has been ranked number one in the Evident AI Index for Insurance 2026, outperforming 30 of the world’s largest insurance companies in artificial intelligence adoption. The annual index, published by benchmarking platform Evident, evaluates global insurers across four categories: talent, innovation, leadership, and transparency. Advanced technologies, such as autonomous “agentic AI” systems that can […]
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Restaurant VAT Reform Demand Intensifies Restaurant VAT Reform Demand Intensifies

Restaurant VAT Reform Demand Intensifies

GLive24.com DeskJune 19, 2026
The Bangladesh Restaurant Owners Association has called for immediate and comprehensive reform of what it describes as a fragmented and inequitable value-added tax (VAT) system governing the country’s food service industry. According to the association, the existing structure creates significant distortions between different segments of the sector, placing formally registered restaurants at a competitive disadvantage […]
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