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Category: Economy

Bangladesh Bank Purchases Further Twenty Million US Dollars 2 Bangladesh Bank Purchases Further Twenty Million US Dollars

Bangladesh Bank Purchases Further Twenty Million US Dollars

GLive24.com DeskMay 12, 2026
The central bank of Bangladesh has continued its strategic acquisition of foreign currency, purchasing an additional 20 million US dollars through an official auction. This latest financial manoeuvre was confirmed on Tuesday, 12 May 2026, by Arif Hossain Khan, the Executive Director and official spokesperson for Bangladesh Bank. This transaction represents a persistent effort by […]
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Weak Infrastructure Threatens Southeast Asian Insurance Profits Weak Infrastructure Threatens Southeast Asian Insurance Profits

Weak Infrastructure Threatens Southeast Asian Insurance Profits

GLive24.com DeskMay 12, 2026
General insurers across Southeast Asia face a potential profitability deficit of up to four percentage points if they attempt to implement artificial intelligence (AI) upon antiquated data systems. Industry experts warn that substandard infrastructure is currently obstructing the operational gains typically associated with automation and advanced analytics. Raunak Mehta, co-founder and Chief Executive Officer of […]
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Navi Expands Cashless Motor Network via New Partnerships Navi Expands Cashless Motor Network via New Partnerships

Navi Expands Cashless Motor Network via New Partnerships

GLive24.com DeskMay 12, 2026
Navi General Insurance, the dedicated insurance division of the Indian financial services conglomerate Navi, has formalised strategic partnerships with four key automotive service providers. This development is designed to augment the company’s ‘Cashless Anywhere’ initiative, significantly broadening the geographical reach and technical scope of its motor insurance claims infrastructure. Strategic Collaborations and Service Integration The […]
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Strong Growth in FWD New Business 1 Strong Growth in FWD New Business

Strong Growth in FWD New Business

GLive24.com DeskMay 12, 2026
FWD Insurance reported robust growth in its new business performance for 2025, with key indicators significantly exceeding industry averages. The insurer stated that its new business first year premium increased by 59 per cent year-on-year, while its new business annual premium equivalent rose by 41 per cent over the same period. According to government statistics […]
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Exchange Rates Show Mixed Trends Exchange Rates Show Mixed Trends

Exchange Rates Show Mixed Trends

GLive24.com DeskMay 12, 2026
The foreign exchange market in Bangladesh opened on Tuesday with a broadly mixed performance, as global geopolitical tensions—particularly ongoing instability in the Middle East—continue to influence currency movements. Over the past two months, the market has experienced persistent volatility, with most foreign currencies fluctuating against the Bangladeshi Taka amid shifting global demand and import pressures. […]
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Bangladesh Bank Orders Launch of E Loan Service Bangladesh Bank Orders Launch of E-Loan Service

Bangladesh Bank Orders Launch of E-Loan Service

GLive24.com DeskMay 12, 2026
Bangladesh Bank has issued directives to introduce an online-based “e-loan” facility, marking a significant step towards expanding the country’s digital financial ecosystem. The initiative is designed to make banking services faster, more accessible, and fully remote, allowing customers to apply for, receive approval for, and obtain loan funds without physically visiting a bank branch. According […]
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Global Insurance Dynamics and the Outlook for Bangladesh

Global Insurance Dynamics and the Outlook for Bangladesh

GLive24.com DeskMay 12, 2026
In the contemporary global economy, the insurance sector has transitioned from a mere financial safety net into a fundamental pillar of employment, investment, and strategic risk management. The industry is currently experiencing a rapid ascent in global importance, propelled by the digitisation of financial systems, escalating healthcare demands, and the pervasive risks associated with climate […]
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