Category: Economy

Karnaphuli Insurance Secures Sixth Emerging Asia Award

Karnaphuli Insurance Secures Sixth Emerging Asia Award

Karnaphuli Insurance PLC has proudly received the ICC Sixth Emerging Asia Insurance Awards 2025 in the Best Re-Insurance Category, marking its sixth accolade at this prestigious regional event. The award was presented during a grand ceremony held at the Rembrandt Hotel in Bangkok, Thailand, where the company’s Chief Executive Officer, A. N. M. Fazlul Karim […]
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Bangladesh Sees Significant Drop in Gold Prices Bangladesh Sees Significant Drop in Gold Prices

Bangladesh Sees Significant Drop in Gold Prices

The price of gold in Bangladesh has experienced a marked decline, representing the second consecutive reduction this year amid continuing global economic uncertainty. The Bangladesh Jewellers Association (BAJUS) announced a decrease of 3,266 taka per tola, reflecting fluctuations in both international bullion markets and domestic demand. On Monday, 9 March, BAJUS issued an official notice […]
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Bangladesh Strengthens Bank Credit Loss Provisions

Bangladesh Strengthens Bank Credit Loss Provisions

Bangladesh’s banking sector is set to embrace a major regulatory overhaul, with banks required to adopt a forward-looking model for estimating potential credit losses. The move, grounded in IFRS 9 standards, is intended to modernise the sector, enhance financial resilience, and align domestic practices with global reporting frameworks. Bangladesh Bank (BB) has issued detailed guidance […]
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EBL Renews Partnership with Bangladesh Eye Trust Hospital (BETH)

EBL Renews Partnership with Bangladesh Eye Trust Hospital (BETH)

Eastern Bank PLC (EBL) has renewed its partnership with Bangladesh Eye Trust Hospital (BETH) to strengthen efforts aimed at providing accessible eye care services to economically disadvantaged communities across Bangladesh. The renewed collaboration will enable thousands of underprivileged patients to receive essential treatment, including cataract surgery and diagnostic services, free of charge or at minimal […]
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Nina Ong Directs Great Easterns Strategic Transformation Nina Ong Directs Great Eastern’s Strategic Transformation

Nina Ong Directs Great Eastern’s Strategic Transformation

Under the stewardship of President-Director Nina Ong, PT Great Eastern Life Indonesia is undergoing a profound structural evolution. By synthesising advanced Artificial Intelligence (AI) with a progressive leadership philosophy, the firm is redefining operational efficiency within the competitive Indonesian insurance landscape. Ong’s strategy prioritises the reduction of process latency, the fortification of long-term earnings, and […]
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Bangladesh Inflation Surges Past Nine Per Cent Mark 1 Bangladesh Inflation Surges Past Nine Percent Mark

Bangladesh Inflation Surges Past Nine Percent Mark

The persistent challenge of rising living costs in Bangladesh has intensified as the national inflation rate once again breached the psychologically significant 9% threshold. According to the latest data released by the Bangladesh Bureau of Statistics (BBS), headline inflation climbed to 9.13% in February, marking a sharp reversal of the brief downward trend observed in […]
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NHCX Launch Marks New Era in Health Claims NHCX Launch Marks New Era in Health Claims

NHCX Launch Marks New Era in Health Claims

Sangareddy, India — In a major stride towards simplifying India’s complex health insurance landscape, the National Health Authority (NHA) has launched the National Health Claims Exchange (NHCX). The platform aims to standardise health insurance claims processing and facilitate seamless interoperability across the nation’s healthcare ecosystem. The announcement was made during the NHCX Innovation Meet, held […]
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SECP Endorses Sindhs Mandatory Motor Insurance SECP Endorses Sindh’s Mandatory Motor Insurance

SECP Endorses Sindh’s Mandatory Motor Insurance

Karachi: Pakistan’s Securities and Exchange Commission of Pakistan (SECP) has formally endorsed the Sindh provincial government’s recent decision to make third-party motor insurance compulsory for all vehicles across the province. The initiative aims to enhance financial protection for individuals affected by road accidents while fostering a culture of accountability among vehicle owners. In an official […]
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