A dramatic midday turnaround on the premier bourses of Bangladesh erased early morning progress, forcing the major indices deep into the red on Sunday, 19 July. The week’s opening session saw widespread selling across both the Dhaka Stock Exchange (DSE) and the Chittagong Stock Exchange (CSE), leaving declining stocks heavily outnumbering those that advanced. Accompanying […]

The general insurance landscape in Cambodia continues to display a highly uneven distribution of premium revenue, reflecting a market heavily anchored in traditional corporate asset protection. According to the latest institutional findings from the Insurance Regulator of Cambodia, underwriting activities remain concentrated within a few dominant categories, leaving micro-insurance and specialized niche protection sectors almost […]

The Korea Federation of Small and Medium Enterprises (KBIZ) has unveiled a targeted financial strategy designed to ease operational overheads for manufacturers adopting automated systems. The prominent business association will introduce a 5 per cent premium discount on product liability insurance and specialized mutual aid products for small and medium-sized enterprises (SMEs) that successfully transition […]

Bangladesh’s foreign exchange reserves have registered a notable increase, reinforcing the country’s external macroeconomic stability at the start of the new financial year. According to the latest data released by the central bank, the gross foreign currency holdings have escalated to $36,664.46$ million, equivalent to approximately $36.66$ billion dollars. The update was officially confirmed on […]

The central bank of Bangladesh has restructured the board of directors of Al-Arafah Islami Bank PLC by appointing 14 sponsor shareholders to the governing body. This decision, finalized on Wednesday, 15 July, marks a major step towards returning the private sharia-compliant commercial lender to shareholder control after a period of direct regulatory oversight. Arif Hossain […]