GLive24.com | truth alone triumphs

Category: Economy

Allianz Secures HSBC Life Singapore in Landmark 2.1bn Acquisition 2 Allianz Secures HSBC Life Singapore in Landmark $2.1bn Acquisition

Allianz Secures HSBC Life Singapore in Landmark $2.1bn Acquisition

German financial services giant Allianz has agreed to acquire 100 per cent of HSBC Life Singapore for S$2.7 billion ($2.1 billion), expanding its operational footprint across Southeast Asia’s wealth and protection landscape. The transaction, expected to close in the first half of 2027 subject to regulatory approvals, includes an exclusive 15-year bancassurance agreement with HSBC […]
Read more
Insurers See Catastrophe Relief alongside Strategic MA Expansion 1 Insurers See Catastrophe Relief alongside Strategic M&A Expansion

Insurers See Catastrophe Relief alongside Strategic M&A Expansion

Global insurance markets recorded significant shifts between 20 and 24 July, marked by a notable decline in natural disaster payouts, a rise in complex transaction risk claims across Asia-Pacific, and high-profile corporate acquisitions. Data from Gallagher Re’s H1 2026 Natural Catastrophe and Climate report revealed that while natural disasters caused widespread regional disruption during the […]
Read more
Exchange Rates Updated for Bangladeshi Taka on 23 July 2026 2 Exchange Rates Updated for Bangladeshi Taka on 23 July 2026

Exchange Rates Updated for Bangladeshi Taka on 23 July 2026

With over ten million non-resident Bangladeshis living and working across the globe, monitoring daily foreign exchange rates remains vital for millions of households and commercial entities. Driven by steadily expanding international trade and essential inward remittances, accurate currency conversion figures enable expatriates to maximize their transfers while helping businesses manage cross-border transactions efficiently. On Thursday, […]
Read more
NBR Launches E Return System Offering Incentive for Early Filing 2 NBR Launches E-Return System Offering Incentive for Early Filing

NBR Launches E-Return System Offering Incentive for Early Filing

The National Board of Revenue (NBR) has officially launched the online income tax return submission portal, known as e-Return, for individual taxpayers for the 2026–27 assessment year. To encourage prompt tax compliance, the revenue authority announced a 5 per cent financial incentive on net payable tax—capped at a maximum of Tk 25,000—for taxpayers filing their […]
Read more
Bangladesh Bank Eases Foreign Exchange Rules for Freelancers 2 Bangladesh Bank Eases Foreign Exchange Rules for Freelancers

Bangladesh Bank Eases Foreign Exchange Rules for Freelancers

Bangladesh Bank has introduced new measures to simplify foreign exchange transactions for freelancers and individual service exporters, offering greater flexibility in receiving, retaining and using overseas earnings. The new provisions were announced in a circular issued on Wednesday, 22 July. The move is aimed at bringing the country’s foreign exchange procedures more closely in line […]
Read more
Declining Pacific Commercial Insurance Rates Conceal Underinsurance Threats Declining Pacific Commercial Insurance Rates Conceal Underinsurance Threats

Declining Pacific Commercial Insurance Rates Conceal Underinsurance Threats

In the first quarter of 2026, commercial insurance premiums across the Pacific region experienced a sharp 12 per cent decline, yielding the most advantageous renewal climate for policyholders in recent years. Nevertheless, industry experts at Marsh caution that these discounted premiums disguise a severe underinsurance vulnerability. As asset replacement and reconstruction costs continue to escalate […]
Read more
1 6 7 8 9 10 177

Most Read