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BAT Bangladesh Posts Strong Second Quarter Sales and Profit Growth BAT Bangladesh Posts Strong Second-Quarter Sales and Profit Growth

BAT Bangladesh Posts Strong Second-Quarter Sales and Profit Growth

British American Tobacco Bangladesh Company (BATBC) recorded a notable improvement in cigarette sales and profit during the second quarter of the current year, although its overall performance for the first six months remained broadly flat compared with the same period a year earlier. According to the company’s half-year financial statement, BATBC sold cigarettes worth Tk […]
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International Insurer MetLife Faces Serious Allegations of Insurance Fraud in Dhaka

International Insurer MetLife Faces Serious Allegations of Insurance Fraud in Dhaka

A severe allegation of institutional misconduct, fraudulent practices, and prolonged harassment has been levelled against the multinational life insurance giant, MetLife Insurance. The company stands accused of unlawfully denying a legitimate policy claim to the designated beneficiary of a deceased customer in Bangladesh. Despite four years of administrative appeals, the grieving family remains deprived of […]
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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 […]
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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 […]
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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, […]
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NCP Leader Arrested in Chittagong Over Rape Allegations

NCP Leader Arrested in Chittagong Over Rape Allegations

Police in Chittagong have arrested Aftab Mazumder Joy, a prominent member of the National Citizen Party’s (NCP) city convenor committee, following serious allegations of sexual assault and deceit under the pretext of marriage. The arrest was confirmed on Wednesday by Sabuj Rahman, Inspector (Investigation) at Chandgaon Police Station. According to law enforcement officials, the suspect […]
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