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Category: Economy

Singapore Insurers Leverage AI to Navigate Private Markets and Regulatory Demands Singapore Insurers Leverage AI to Navigate Private Markets and Regulatory Demands

Singapore Insurers Leverage AI to Navigate Private Markets and Regulatory Demands

Insurers in Singapore are implementing a strategic pivot, simultaneously increasing their investment risk and technology expenditure. This dual-pronged approach aims to bolster returns while maintaining compliance with increasingly rigorous regulatory frameworks. The trend reflects a broader industry debate concerning the balance between expanding exposure to complex assets and ensuring robust institutional oversight. According to a […]
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Tax Compliance Faces Major Shortfall Tax Compliance Faces Major Shortfall

Tax Compliance Faces Major Shortfall

The government is confronting a significant challenge in meeting its income tax collection targets, as a substantial proportion of registered taxpayers are failing to submit their annual tax returns within the stipulated deadline. Despite the widespread issuance of electronic Tax Identification Numbers (e-TINs), compliance levels remain markedly low, prompting the National Board of Revenue (NBR) […]
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Bangladesh Currency Rates Reflect Global Trade Dynamics Bangladesh Currency Rates Reflect Global Trade Dynamics

Bangladesh Currency Rates Reflect Global Trade Dynamics

Bangladesh’s trade and financial relations with the global economy continue to expand steadily, driven by rising volumes of imports and exports, strong remittance inflows, and increased international financial transactions. In this evolving environment, foreign exchange rates play a pivotal role in shaping economic activity across multiple sectors, including trade settlement, import costing, and remittance valuation. […]
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বাংলাদেশে সোশ্যাল মিডিয়া হ্যাকিং ক্ষতি ও বীমা কাঠামো Cyber Insurance Gaps in Bangladesh

Cyber Insurance Gaps in Bangladesh

The increasing reliance on digital communication platforms has led to a parallel rise in social media account hacking incidents in Bangladesh. Platforms such as Facebook, Twitter, and Instagram are frequently targeted, resulting in significant financial losses and reputational damage for individuals and organisations. In response to these risks, cyber insurance is gradually being introduced as […]
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Healthcare Service Pact Signed Between Sondhani Life and Ibn Sina Trust

Healthcare Service Pact Signed Between Sondhani Life and Ibn Sina Trust

A formal medical service agreement has been concluded between Sondhani Life Insurance Company Limited and Ibn Sina Trust with the objective of facilitating healthcare services for insured individuals and associated stakeholders. The agreement was signed on Thursday (23 April) at the head office of Sondhani Life Insurance Company Limited. According to the terms of the […]
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BRAC Bank strengthens livelihoods of 78 disabled trainees

BRAC Bank strengthens livelihoods of 78 disabled trainees

BRAC Bank has provided sewing machines to 78 individuals with hearing and speech impairments, including 44 women, under a skills development initiative aimed at enabling income generation and greater economic participation. The beneficiaries completed a six-month training programme in tailoring and basic business management delivered through the bank’s “Aporajeyo Ami” initiative. The programme was implemented […]
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NCC Bank Signs MoU with BIDA

NCC Bank Signs MoU with BIDA

NCC Bank PLC has signed a Memorandum of Understanding (MoU) with the Bangladesh Investment Development Authority (BIDA) with the aim of improving the speed, efficiency, and integration of services provided to investors. Under the agreement, investors will be able to access key banking and related services through a unified digital platform. The initiative is intended […]
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Mercantile Bank Finances BAU Agricultural Innovation

Mercantile Bank Finances BAU Agricultural Innovation

Mercantile Bank PLC has supported an agricultural research project at Bangladesh Agricultural University (BAU) aimed at reducing post-harvest losses of crops and fish through improved drying systems. The project, titled “Development of a Hybrid Dryer System to Reduce Crop and Fish Post-Harvest Losses,” concluded on Saturday with a formal workshop, according to a media release. […]
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