Category: State

Former Labour Leader Brutally Assassinated in Front of Daughter Former Labour Leader Brutally Assassinated in Front of Daughter

Former Labour Leader Brutally Assassinated in Front of Daughter

The bustling commercial heart of Khulna city was plunged into chaos and grief on Wednesday night, 4 March 2026, as a former prominent labour leader was executed in a clinical and barbaric fashion. Meena Masum Billah, the former President of the Rupsha-Bagerhat Inter-district Road Transport Workers’ Union, was murdered in the presence of his young […]
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London Marine Insurers Expand Gulf High Risk Zones London Marine Insurers Expand Gulf High-Risk Zones

London Marine Insurers Expand Gulf High-Risk Zones

LONDON, 3 March 2026 – The London marine insurance market has formally expanded the Gulf maritime zones designated as high-risk, following a recent escalation of regional tensions. The updated guidance, issued by the Joint War Committee (JWC), affects waters off several Gulf states and is expected to significantly influence insurance premiums for shipping, fuel, and […]
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Zurich Raises 5 Billion to Fund Beazley Acquisition Zurich Raises $5 Billion to Fund Beazley Acquisition

Zurich Raises $5 Billion to Fund Beazley Acquisition

Zurich Insurance Group has launched a private placement targeting approximately $5 billion in gross proceeds to partially finance its proposed acquisition of Beazley Plc, a leading specialist insurer in the United Kingdom. The move signals Zurich’s ambition to expand its footprint in the Lloyd’s and global specialty insurance markets. On 2 March 2026, Zurich confirmed […]
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Sun Life Reaches 100-Office Milestone

Sun Life Reaches 100-Office Milestone

Sun Life Philippines has further broadened its nationwide footprint with the inauguration of three new New Business Offices (NBOs), bringing its total office network to a landmark 100 locations. This expansion marks a significant stride toward the company’s growth targets for 2026 and underscores its continued commitment to enhancing customer service and the accessibility of […]
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UAE Insurance Sector Set for Double Digit Growth UAE Insurance Sector Set for Double-Digit Growth

UAE Insurance Sector Set for Double-Digit Growth

The insurance sector in the United Arab Emirates is currently experiencing notable expansion, with experts and industry analysts forecasting sustained double-digit growth over the coming years. Valued at approximately 64–65 billion dirhams in written premiums, the market’s momentum is underpinned by economic diversification, mandatory health and motor insurance frameworks, and a robust regulatory environment, all […]
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news thumbnail 1772598984859 Bangladesh Bank Consolidation to Continue, Governor Affirms

Bangladesh Bank Consolidation to Continue, Governor Affirms

Bangladesh Bank Governor Mostaqueur Rahman has confirmed that the ongoing programme of bank consolidation will proceed, alongside stringent measures to recover defaulted loans. In addition, he has instructed that factories previously closed due to outstanding debts be reopened in compliance with regulations, signalling a dual focus on financial stability and economic revitalisation. The announcement came […]
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Al-Arafah Bank Launches Ten-Day Iftar Initiative

Al-Arafah Bank Launches Ten-Day Iftar Initiative

Bangladesh’s leading Shariah-compliant financial institution, Al-Arafah Islami Bank, has inaugurated a ten-day iftar distribution programme to mark the holy month of Ramadan. According to a press release from the bank, the initiative is designed to provide support to the underprivileged and overlooked individuals who rely on roadside meals during the fasting period. The programme was […]
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Financial Literacy Day Celebrated Nationwide by NCC

Financial Literacy Day Celebrated Nationwide by NCC

In a strategic effort to enhance financial inclusion across the nation, NCC Bank commemorated Financial Literacy Day 2026 with a focus on promoting secure, digital, and paperless banking. This year’s theme, “Secure Cashless Transactions Begin with Financial Literacy,” reflects the bank’s commitment to responsible, technology-driven financial services and empowering customers to adopt safer banking practices. […]
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Islami Bank Unveils Khidmah Card

Islami Bank Unveils Khidmah Card

Islami Bank Bangladesh PLC has launched the Khidmah Credit Card as part of its strategic expansion of international transaction services, aiming to provide customers with secure, seamless, and globally accepted payment solutions. The formal inauguration ceremony was held at Islami Bank Tower in the capital, attended by senior executives from the bank and its international […]
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Agricultural Insurance A Safety Net for Bangladeshs Farmers Agricultural Insurance: A Safety Net for Bangladesh’s Farmers?

Agricultural Insurance: A Safety Net for Bangladesh’s Farmers?

In the fertile yet volatile delta of Bangladesh, the agricultural sector remains the backbone of the national economy. However, this vitality is perpetually threatened by a cruel cycle of natural disasters. Every year, thousands of farmers witness their livelihoods decimated by flash floods, prolonged droughts, erratic rainfall, and devastating cyclones. For the majority who rely […]
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