Category: State

Seizure of Looted Weapons From Sajjads Associates Seizure of Looted Weapons From Sajjad’s Associates

Seizure of Looted Weapons From Sajjad’s Associates

In a significant blow to organised crime in the port city, the Chittagong Metropolitan Police (CMP) have apprehended three high-profile operatives linked to the notorious fugitive warlord, Sajjad Ali (widely known as “Boro Sajjad”). The operation resulted in the recovery of a sophisticated arsenal, including a submachine gun (SMG), which authorities believe were used in […]
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Vendetta Violence and Arson Errupt in Madaripur Conflict Vendetta Violence and Arson Errupt in Madaripur Conflict

Vendetta Violence and Arson Errupt in Madaripur Conflict

A brutal cycle of retaliatory violence has gripped Madaripur as the murder of a local businessman escalated into widespread arson and looting. On Tuesday evening, a volatile mob ignited several homes and detonated multiple crude hand bombs in the Natun Madaripur area of the Sadar Upazila, following the gruesome killing of 50-year-old Alamgir Howlader earlier […]
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OneLife Assurance Crowned Zambias Top Insurer 2 OneLife Assurance Crowned Zambia’s Top Insurer

OneLife Assurance Crowned Zambia’s Top Insurer

OneLife Assurance Limited has been honoured as the “Best Life Insurance Company Zambia 2026” at the prestigious Global Banking & Finance Review Awards® 2026, recognising its exceptional contribution to Zimbabwe’s life insurance sector. This accolade reflects the company’s robust financial performance, commitment to customer-focused innovation, and dedication to providing long-term financial security for individuals, families, […]
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Indian Life Insurance Sector Surges in February Indian Life Insurance Sector Surges in February

Indian Life Insurance Sector Surges in February

India’s life insurance industry demonstrated robust growth in February 2026, with total premiums rising by more than 20% year-on-year. This surge has been primarily driven by higher sales of traditional policies, coupled with steady demand across both public and private insurers, according to a report from Motilal Oswal Financial Services. Weighted Premiums Show Strong Recovery […]
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Policy Weaknesses Put Bangladesh Economy Under Pressure Policy Weaknesses Put Bangladesh Economy Under Pressure

Policy Weaknesses Put Bangladesh Economy Under Pressure

Dhaka Chamber of Commerce and Industry (DCCI) President Taskin Ahmed has warned that Bangladesh’s economy is facing severe strain due to high interest rates, cumbersome administrative processes, and policy weaknesses. Speaking at a recent seminar, he highlighted that private sector credit growth has fallen to its lowest level in recent years, creating a challenging environment […]
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Bangladesh Faces Multifaceted Budget Challenges 2026 27 Bangladesh Faces Multifaceted Budget Challenges 2026-27

Bangladesh Faces Multifaceted Budget Challenges 2026-27

The forthcoming national budget for the fiscal year 2026–27 is set to confront multiple pressures, as Bangladesh grapples with high inflation, significant revenue shortfalls, stagnant investment, and sluggish implementation of development projects. According to the independent research organisation Centre for Policy Dialogue (CPD), addressing these challenges will require pragmatic policy measures, comprehensive revenue reforms, initiatives […]
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Global Insurance Neglects ₤55.5 Billion Reinsurance

Global Insurance Neglects ₤55.5 Billion Reinsurance

Global Insurance PLC has failed to reinsure policies valued at approximately 55.5 billion taka, in clear breach of statutory requirements. According to the Insurance Act 2010, insurance companies must arrange reinsurance for all re-insurable policies; failure to do so can result in suspension or cancellation of the company’s licence. The omission exposes both the insurer […]
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Singapore Aviation Premiums Rise Amid Middle East Tensions

Singapore Aviation Premiums Rise Amid Middle East Tensions

The intensifying conflict in Iran is prompting Singapore-based insurers and airlines to brace for rising aviation insurance costs and stricter policy conditions, according to legal and industry experts. Tristan Thompson, Partner at Kennedys, highlighted that the recent escalation compounds pressures lingering from the 2022 Ukraine crisis, placing Singapore’s aviation sector at a heightened risk. “The […]
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Manulife Champions Transparent Promotions for Women

Manulife Champions Transparent Promotions for Women

Equity in career advancement cannot rely on good intentions alone; it must be embedded in formal systems. Leah Ng, Chief Bancassurance Officer at Manulife (Singapore) Pte. Ltd., has urged the insurance industry to establish structured promotion pathways, highlighting the persistent structural barriers that prevent women from reaching senior leadership roles. Ng told Insurance Asia that […]
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Gold Prices Dip Amid Global Economic Uncertainty Gold Prices Dip Amid Global Economic Uncertainty

Gold Prices Dip Amid Global Economic Uncertainty

Amid ongoing global market volatility and economic uncertainties, gold prices in Bangladesh have once again declined. For the second consecutive session, the Bangladesh Jewellers’ Association (BAJUS) has reduced the rate of the precious metal, lowering the price per tola by 3,266 taka. The updated rates were officially announced on Monday morning, 9 March, and will […]
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