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Category: Economy

Reserves Edge Closer to 31 Billion Reserves Edge Closer to $31 Billion

Reserves Edge Closer to $31 Billion

GLive24.com DeskMay 8, 2026
Bangladesh’s foreign exchange reserves are once again showing signs of steady recovery, marking a positive turn for the country’s external financial position. According to the latest data from the Bangladesh Bank, reserves calculated under the International Monetary Fund’s Balance of Payments and International Investment Position Manual (BPM6) methodology have climbed to nearly 31 billion US […]
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Currency Exchange Rates – 8 May Currency Exchange Rates – 8 May

Currency Exchange Rates – 8 May

GLive24.com DeskMay 8, 2026
On 8 May, the exchange rates of various foreign currencies against the Bangladeshi Taka reflect ongoing shifts in the global foreign exchange market, influenced by international trade flows, remittance trends, inflationary pressures, and monetary policies across major economies. For Bangladesh, where a significant number of citizens live and work abroad, monitoring daily currency fluctuations remains […]
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Feni Hosts Sonali Life Training 1 Feni Hosts Sonali Life Training

Feni Hosts Sonali Life Training

GLive24.com DeskMay 8, 2026
A professional development training programme titled “Professional Development Training” has been held in Feni under the initiative of the Feni Sales Team of Sonali Life Insurance PLC. The event took place on 7 May at The Royal Salmon Hotel in Feni, with the objective of enhancing the professional skills of field-level officials and employees, developing […]
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SBAC Bank Appoints New AMD 1 SBAC Bank Appoints New AMD

SBAC Bank Appoints New AMD

GLive24.com DeskMay 8, 2026
Abdul Kaiyum Chowdhury has joined SBAC Bank PLC as Additional Managing Director (AMD). Prior to this appointment, he served as Deputy Managing Director (DMD) of The Premier Bank. These details were confirmed in a press release issued by SBAC Bank. According to the statement, Mr Chowdhury brings extensive experience in the banking sector, beginning his […]
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Hong Kong Insurance Sales Rise Amid Tourism Recovery Hong Kong Insurance Sales Rise Amid Tourism Recovery

Hong Kong Insurance Sales Rise Amid Tourism Recovery

GLive24.com DeskMay 7, 2026
Hong Kong’s insurance and tourism industries are experiencing a sustained recovery, underpinned by a significant increase in visitor arrivals. This resurgence is providing critical support for cross-border life insurance sales, with Mainland Chinese visitors (MCVs) identified as the primary demographic driving this demand. Surge in Visitor Arrivals According to the Jefferies data tracker, which synthesises […]
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Taiwan Life Insurers Face Consolidation Amid Capital Strain Taiwan Life Insurers Face Consolidation Amid Capital Strain

Taiwan Life Insurers Face Consolidation Amid Capital Strain

GLive24.com DeskMay 7, 2026
The Taiwanese life insurance sector is currently navigating a period of significant structural transition, marked by increased merger and acquisition (M&A) activity. According to the Fitch Ratings’ APAC Insurance Outlook 2026, published in December 2025, this wave of consolidation is a direct consequence of persistent strain on the risk-based capital (RBC) positions of weaker firms […]
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Bank Asia to Issue BDT 1000 Crore Bond Bank Asia to Issue BDT 1,000 Crore Bond

Bank Asia to Issue BDT 1,000 Crore Bond

GLive24.com DeskMay 7, 2026
Bank Asia Limited, a prominent private commercial bank in Bangladesh, has formally announced its decision to issue a green sustainable bond valued at BDT 1,000 crore. The primary objective of this financial move is to bolster the institution’s capital base while providing dedicated funding for environmentally friendly and sustainable initiatives. This strategic decision was ratified […]
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Bangladesh Bank Unifies Foreign Exchange Transport Regulations Bangladesh Bank Unifies Foreign Exchange Transport Regulations

Bangladesh Bank Unifies Foreign Exchange Transport Regulations

GLive24.com DeskMay 7, 2026
Bangladesh Bank, the central bank of the country, has issued a comprehensive circular aimed at streamlining the remittance of funds abroad in exchange for transport services. Released on Thursday, this new directive establishes a unified regulatory framework for ticket issuance and charge collection services involving international passenger transport, foreign airlines, and shipping companies’ cargo operations. […]
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Daily Currency Exchange Rates Update Daily Currency Exchange Rates Update

Daily Currency Exchange Rates Update

GLive24.com DeskMay 7, 2026
The foreign exchange market continues to play a crucial role in Bangladesh’s increasingly globalised economy, driven by expanding international trade and a steady inflow of remittances from millions of expatriate Bangladeshis living and working abroad. With more than ten million Bangladeshis residing overseas, fluctuations in currency exchange rates have a direct impact on household incomes, […]
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Sudden Exit at Community Bank Sudden Exit at Community Bank

Sudden Exit at Community Bank

GLive24.com DeskMay 7, 2026
The acting Managing Director of Community Bank, Kimia Sadat, has resigned from her position, leaving the top executive role at the institution vacant. She submitted her resignation letter to the Chairman of the bank’s Board of Directors on Wednesday, marking an unexpected turn in the leadership of the organisation. Kimia Sadat had been serving as […]
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