Category: Economy

Health In Tech Expands AI Insurance Platform Health In Tech Expands AI Insurance Platform

Health In Tech Expands AI Insurance Platform

Nasdaq-listed AI-driven InsurTech platform Health In Tech has announced a strategic partnership with software engineering firm Ciklum to enhance the technical and operational capabilities of its stop-loss health insurance marketplace. This collaboration aims to streamline administrative workflows, improve user experience, and position the platform for broader market penetration. Currently, the platform supports over 800 brokers, […]
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Hochul Pushes Car Insurance Cuts Amid Debate 1 Hochul Pushes Car Insurance Cuts Amid Debate

Hochul Pushes Car Insurance Cuts Amid Debate

Governor Kathy Hochul has launched a high-profile initiative aimed at reducing car insurance costs in New York, a state notorious for some of the highest premiums in the United States. Her proposed reforms focus on curbing insurance fraud, limiting excessive lawsuits, and controlling insurers’ profit margins to ease the financial burden on drivers. Despite widespread […]
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Hong Kong Banking Sees Recruitment Surge 2026 Hong Kong Banking Sees Recruitment Surge 2026

Hong Kong Banking Sees Recruitment Surge 2026

Hong Kong’s financial sector is witnessing a notable acceleration in recruitment activities in 2026, particularly across private banking, retail wealth management, and key investment banking divisions, including FICC (Fixed Income, Currencies, and Commodities) and IPO-related operations. According to the latest Hays report, the combination of stable capital markets, evolving regulatory requirements, and ongoing digital transformation […]
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Bangladeshs Currency Market Shows Continued Stability Bangladesh’s Currency Market Shows Continued Stability

Bangladesh’s Currency Market Shows Continued Stability

Bangladesh’s economy remains heavily reliant on international trade and the inflow of remittances from its vast expatriate workforce. Millions of Bangladeshi citizens are employed in labour markets across the globe, and the money they send home plays a crucial role in keeping the nation’s economic engine running. For banks, financial institutions, and businesses engaged in […]
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Offices and Banks Reopen After Eid Break Offices and Banks Reopen After Eid Break

Offices and Banks Reopen After Eid Break

After a week-long closure for Eid-ul-Fitr, government offices, banks, and insurance companies across Bangladesh are reopening today, signalling a return to full-scale administrative and economic activity. Regular office hours, from 9:00 am to 5:00 pm, will resume nationwide. Following the extended holiday, a substantial flow of government employees, private-sector professionals, and students has already returned […]
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Global Tensions Prompt Insurance Reviews Today Global Tensions Prompt Insurance Reviews Today

Global Tensions Prompt Insurance Reviews Today

In an era of escalating geopolitical tensions, sudden travel advisories, and supply chain disruptions, global events can affect our daily lives far more rapidly than we anticipate. A recent example illustrates this vividly: a client contacted us from an international airport, frustrated after learning that their flight had been indefinitely delayed due to rerouted airline […]
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SCB Launches Strategic Insurance Restructuring Plan SCB Launches Strategic Insurance Restructuring Plan

SCB Launches Strategic Insurance Restructuring Plan

Ho Chi Minh City, 23 March 2026 – Asia Commercial Bank (SCB) has announced plans to restructure its insurance subsidiary and raise capital, as disclosed in updated documentation ahead of its 2026 Annual General Meeting of shareholders. The initiative aims to strengthen shareholder confidence, drive growth in the non-life insurance sector, and optimise the bank’s […]
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CLARITY Act Stablecoin Compromise Reached CLARITY Act Stablecoin Compromise Reached

CLARITY Act Stablecoin Compromise Reached

On 20 March 2026, U.S. Senators Thom Tillis and Angela Alsobrooks announced a breakthrough in the long-stalled CLARITY Act concerning stablecoin returns. The compromise, endorsed by the White House, represents the first substantive progress in months of lobbying battles between banks and cryptocurrency firms. Analysts describe it as a cautious step toward regulating a $316 […]
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Bank Owners Oppose New Shareholding Restrictions Bank Owners Oppose New Shareholding Restrictions

Bank Owners Oppose New Shareholding Restrictions

The Bangladesh Bank’s proposed amendments to the Bank Companies Act, which seek to limit shareholding by individuals, families, and institutions across multiple banks, have encountered strong resistance from bank owners and industry representatives. The central bank argues the changes are necessary to prevent conflicts of interest and curb excessive influence over banking decisions, citing recent […]
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