Category: State

Asia-Pacific Insurance Faces Challenges, Sees Opportunities

Asia-Pacific Insurance Faces Challenges, Sees Opportunities

The Asia-Pacific insurance sector is entering 2026 amid a complex landscape, as geopolitical shifts, natural disasters, artificial intelligence (AI), and financial market pressures collectively test the resilience of insurers. According to S&P Global Market Intelligence’s APAC 2026 Insurance Outlook, overall premium growth is expected to moderate, but niche segments such as cyber insurance and longevity […]
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Islami Bank Reaffirms Service Excellence Drive

Islami Bank Reaffirms Service Excellence Drive

Islami Bank Bangladesh PLC has renewed its commitment to strengthening public confidence and elevating customer satisfaction by intensifying a comprehensive service-excellence agenda across its operations. The renewed pledge was articulated at a staff conference held in Dhaka, bringing together officials and employees from three operational zones and five corporate branches, underscoring the institution’s emphasis on […]
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Indian Insurance Faces Critical Internal Challenges Indian Insurance Faces Critical Internal Challenges

Indian Insurance Faces Critical Internal Challenges

The Indian insurance sector has witnessed robust growth over the past decade, emerging as one of the economy’s deepest institutional reservoirs of long-term capital. Yet, the Economic Survey of 2025-26 warns that internal operational inefficiencies pose a significant “risk to the core financial strength of insurers.” Private life insurers, despite healthy top-line growth, have struggled […]
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Bangladesh Bank Updates Real Effective Exchange Rate

Bangladesh Bank Updates Real Effective Exchange Rate

Bangladesh Bank has revised the Real Effective Exchange Rate (REER), a key indicator of the country’s external competitiveness, to better reflect the current economic realities. The updated calculation incorporates several important changes designed to make the measure more accurate and policy-relevant. For the first time, the revised REER includes remittances from expatriate workers, highlighting the […]
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Electoral Clash Claims Life of Jamaat Leader

Electoral Clash Claims Life of Jamaat Leader

A violent confrontation during the distribution of an election manifesto in Jhinaigati Upazila, Sherpur, has claimed the life of Maulana Rezaul Karim, a prominent local leader of Jamaat-e-Islami. Karim, who served as the General Secretary of the Sheri Bardy Upazila branch, was fatally injured in the clash, which has prompted the filing of a widespread […]
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Asia’s Insurance Sector Sees Strategic Advancements

Asia’s Insurance Sector Sees Strategic Advancements

The Asian insurance market witnessed a flurry of strategic initiatives between 26–30 January 2026, reflecting an industry-wide drive to strengthen market presence, enhance brand value, and offer innovative products to consumers. During this period, leading insurers pursued major investments, launched pioneering policies, and forged key partnerships, signalling sustained confidence in the region’s growth potential. Prudential […]
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Bangladesh Enacts Landmark Microfinance Banking Law

Bangladesh Enacts Landmark Microfinance Banking Law

Bangladesh has taken a historic step in formalising its microfinance sector with the enactment of the Microfinance Bank Act, 2026 by the interim government. The legislation introduces a new category of financial institution — the microfinance bank — bringing microcredit operations into the mainstream banking framework under formal regulatory oversight, including deposit mobilisation, central bank […]
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