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Category: Economy

HDI Warns Victoria Peak Safety Measures May Fail Under Climate Extremes HDI Warns Victoria Peak Safety Measures May Fail Under Climate Extremes

HDI Warns Victoria Peak Safety Measures May Fail Under Climate Extremes

GLive24.com DeskApril 29, 2026
A comprehensive analysis conducted by HDI Risk Consulting has highlighted the growing vulnerability of Hong Kong’s Victoria Peak to the escalating effects of climate change. The report, which forms part of the insurer’s Iconic Landmarks Series, warns that current safety safeguards—though historically successful—are being pushed beyond their intended operational limits by unprecedented weather events. As […]
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IPDC Records Robust 2025 Growth IPDC Records Robust 2025 Growth

IPDC Records Robust 2025 Growth

GLive24.com DeskApril 29, 2026
IPDC Finance PLC, one of Bangladesh’s pioneering private-sector financial institutions, delivered a strong financial performance in 2025, demonstrating resilience amid ongoing global and domestic macroeconomic pressures. The company reported a 25.39 per cent year-on-year increase in post-tax net profit, reaching BDT 455 million, reflecting improved operational efficiency, disciplined risk management, and strengthened cost control measures. […]
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Dhaka Bank Declares Ten Percent Cash Dividend

Dhaka Bank Declares Ten Percent Cash Dividend

Jim Rahman Sub-Editor (News Desk) | glive24.comApril 29, 2026
Dhaka Bank PLC has recommended a 10 per cent cash dividend for shareholders for the financial year ended 31 December 2025, reflecting an improved financial position and stronger operational performance compared with the previous year. The proposal was approved by the board of directors after reviewing the bank’s audited financial statements. The decision was taken […]
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Government Debt from Banks Tops One Trillion in Nine Months

Government Debt from Banks Tops One Trillion in Nine Months

Jim Rahman Sub-Editor (News Desk) | glive24.comApril 29, 2026
Government borrowing from the banking system has surged past its annual target within just nine months, reflecting mounting pressure on public finances amid weak revenue performance and rising expenditure needs. The growing reliance on domestic bank credit highlights the widening gap between income and spending in the current fiscal year. Official figures show that the […]
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BFIU Orders Anti-Corruption Pledges for Bank Chiefs

BFIU Orders Anti-Corruption Pledges for Bank Chiefs

Jim Rahman Sub-Editor (News Desk) | glive24.comApril 29, 2026
In a robust effort to tighten regulatory discipline and rebuild credibility in the financial sector, the Bangladesh Financial Intelligence Unit (BFIU) has instructed the top leadership of all scheduled banks to sign binding declarations against corruption and money laundering. The directive, issued through an internal circular, reflects a heightened regulatory response to persistent governance shortcomings […]
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Evolution of Embedded Digital Insurance in the Thai Market Evolution of Embedded Digital Insurance in the Thai Market

Evolution of Embedded Digital Insurance in the Thai Market

GLive24.com DeskApril 29, 2026
The Thai non-life insurance industry is undergoing a structural transformation as it adapts to the preferences of a younger, digitally native consumer base. Traditional distribution channels, such as physical bank branches and independent agencies, are increasingly being supplemented—and in some cases replaced—by embedded insurance. This model integrates insurance products directly into the digital checkout flow […]
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Central Bank Eases Restrictions on Bank Employee Incentive Bonuses Central Bank Eases Restrictions on Bank Employee Incentive Bonuses

Central Bank Eases Restrictions on Bank Employee Incentive Bonuses

GLive24.com DeskApril 28, 2026
Bangladesh Bank, the central monetary authority of the People’s Republic of Bangladesh, has formally introduced a relaxation in the regulatory framework governing the issuance of incentive bonuses for banking sector employees. According to a new directive issued on Tuesday, 28 April 2026, scheduled commercial banks are now permitted to grant incentive bonuses based on their […]
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Bangladesh Bank Issues Vigilance Advisory Over High Value Banknotes Bangladesh Bank Issues Vigilance Advisory Over High-Value Banknotes

Bangladesh Bank Issues Vigilance Advisory Over High-Value Banknotes

GLive24.com DeskApril 28, 2026
Bangladesh Bank, the central bank of the People’s Republic of Bangladesh, has released a formal notification advising the public to exercise extreme caution when conducting transactions with high-value banknotes during the upcoming Eid-ul-Adha festival. The monetary authority specifically noted that the seasonal surge in livestock trading creates a vulnerable environment where counterfeiters often attempt to […]
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