Category: State

JBC Enforces Strict Rider Rules Pre-Existing Diseases and High-Risk Jobs Excluded

JBC Enforces Strict Rider Rules: Pre-Existing Diseases and High-Risk Jobs Excluded

Bangladesh’s state-run life insurer, Jiban Bima Corporation (JBC), has implemented a stringent set of underwriting regulations that strictly exclude individuals with pre-existing medical conditions, high-risk occupations, and undisclosed health histories from acquiring supplementary insurance benefits, widely known in the industry as riders. Under these revised terms, applicants are now legally required to provide full medical […]
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FWD Singapore Introduces Multi Pay Critical Illness Protection as Cancer Survival Rates Rise 1 FWD Singapore Introduces Multi-Pay Critical Illness Protection as Cancer Survival Rates Rise

FWD Singapore Introduces Multi-Pay Critical Illness Protection as Cancer Survival Rates Rise

SINGAPORE — FWD Insurance Singapore has launched FWD MultiCover CI, a new critical illness plan engineered to provide continuous payouts for multiple claims rather than terminating after an initial diagnosis. The launch aligns with improving health outcomes in Singapore, where national health statistics show five-year cancer survival rates grew from 53% (2008–2012) to 61% (2019–2023). […]
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Foreign Exchange Inflow Hits 2.86 Billion in July as Remittances Surge 15.4 1 Foreign Exchange Inflow Hits $2.86 Billion in July as Remittances Surge 15.4%

Foreign Exchange Inflow Hits $2.86 Billion in July as Remittances Surge 15.4%

DHAKA — Remittance transfers to Bangladesh via official banking channels reached USD 2.86 billion (USD 2.859 billion) in July, marking a strong opening to the 2026–27 fiscal year. Converted to local currency, the monthly inflow totals approximately BDT 354 billion (BDT 35,400 crore) at an average exchange rate of BDT 123.83 per US dollar. The […]
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Seven Detained in Ukhiya Following Attempted Awami League Flash Procession

Seven Detained in Ukhiya Following Attempted Awami League Flash Procession

POLICE IN UKHIYA, a strategically critical border sub-district within the coastal resort region of Cox’s Bazar, have apprehended seven individuals during a swift operation aimed at foiling an illegal flash procession and unlawful assembly staged in support of the banned political entity, the Bangladesh Awami League, and its affiliated wings. A vehicle stationed nearby—allegedly brought […]
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Former Awami League Councillor Arrested in Natore Special Operation

Former Awami League Councillor Arrested in Natore Special Operation

Law enforcement officers in Natore have apprehended Mizanur Rahman, widely known as Mizan, a former municipal councillor and local political leader, following a targeted operation on Saturday morning. Details of the Operation The arrest took place during a special drive conducted by the Singra police in the Damdama Sluice Gate area under the Singra municipality. […]
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Jamaat Leader Embezzles Deceased Teacher's Salary for Two Decades

Jamaat Leader Embezzles Deceased Teacher’s Salary for Two Decades

A shocking incident of identity theft and financial fraud has surfaced in Bhola’s Tazumuddin Upazila, where a local political figure is accused of embezzling a deceased teacher’s salary for twenty years. Md. Mohiuddin, who serves as an office assistant at Tazumuddin Degree College and holds the position of Upazila Jamaat Secretary, allegedly exploited a namesake […]
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Bangladesh Apparel Exports to the EU Drop Across 15 Markets

Bangladesh Apparel Exports to the EU Drop Across 15 Markets

Bangladesh’s ready-made garment (RMG) sector is facing mounting commercial pressure as export earnings across 15 of the 27 European Union member states registered a distinct downturn during the 2025–26 fiscal year. Data released by the Export Promotion Bureau (EPB) and evaluated by industry trade bodies—including the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the […]
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Singaporeans Lag on Care Planning AI Reshapes Workforce Singaporeans Lag on Care Planning, AI Reshapes Workforce

Singaporeans Lag on Care Planning, AI Reshapes Workforce

Between July 27 and July 31, 2026, the global insurance sector saw an increased focus on retirement and long-term care preparedness, artificial intelligence (AI)-driven workforce transformation, and key regional market developments. Singaporeans Unprepared for Long-Term Care Needs Despite an aging population, long-term care planning remains surprisingly low among Singaporeans: Low Preparedness: According to the AIA […]
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Small Loan Defaults Surge in Bangladesh as Over 2.4 Million Borrowers Join List in a Year Small Loan Defaults Surge in Bangladesh as Over 2.4 Million Borrowers Join List in a Year

Small Loan Defaults Surge in Bangladesh as Over 2.4 Million Borrowers Join List in a Year

A sharp escalation in loan defaults among small borrowers—specifically Cottage, Micro, Small, and Medium Enterprises (CMSMEs), agricultural workers, home loan recipients, and retail consumers—presents a growing structural risk to Bangladesh’s financial system. Data released by Bangladesh Bank reveals that the total count of defaulted accounts holding loans under Tk 1 crore grew by more than […]
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Pubali Bank Climbs to Second in Half Year Profit Pubali Bank Climbs to Second in Half-Year Profit

Pubali Bank Climbs to Second in Half-Year Profit

Dhaka: Pubali Bank has emerged as the second most profitable private commercial bank in Bangladesh during the first six months of the current year, supported largely by a sharp rise in earnings from investments in government treasury bills and treasury bonds. According to the bank’s published half-year financial statements, Pubali Bank posted a post-tax profit […]
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