Insurance companies are sharply increasing their exposure to private infrastructure debt, driven by an imperative need to secure long-term, yield-generating assets that align with their extended liability profiles. Digital infrastructure and renewable energy ventures are emerging as primary beneficiaries of this capital reallocation, attracting sustained commitments from major institutional investors worldwide. According to a comprehensive […]

In a significant relief measure for distressed account holders, Bangladesh Bank has expanded the withdrawal threshold to a maximum of BDT 1.0 million (Tk 10 lakh) for customers of five merged Shariah-compliant lenders. Under the newly updated regulations, account holders can now access their funds not only for personal healthcare expenses but also to cover […]

Sun Life Financial Inc. has officially announced the launch of Sun Life Private Wealth, a dedicated platform designed to cater to the bespoke financial needs of high-net-worth (HNW) and ultra-high-net-worth (UHNW) clients across generations. The newly introduced platform aims to provide a comprehensive suite of advisory, wealth planning, and support services to help affluent individuals […]

Bangladesh’s official gross foreign exchange reserves have reached $36.45 billion (36,457.02 million US dollars), reflecting the latest financial standing of the country’s central monetary authority. Arif Hossain Khan, Executive Director and Spokesperson for Bangladesh Bank, confirmed the updated figures on Tuesday, 28 July. He detailed that as of Tuesday, the gross international reserves held by […]