Category: State

Asia Pacific Markets Stir Amid Trade Tensions and Inflation Pressures Asia-Pacific Markets Stir Amid Trade Tensions and Inflation Pressures

Asia-Pacific Markets Stir Amid Trade Tensions and Inflation Pressures

Hong Kong, 27 January 2026 — Financial markets across the Asia-Pacific region experienced notable volatility on Tuesday, with gold and silver prices climbing amid rising geopolitical and economic tensions. The turbulence follows an announcement by U.S. President Donald Trump, who declared a 25% tariff increase on certain South Korean goods, igniting renewed trade friction in […]
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Europe Faces Economic Setback Risk Amid Banking Regulation Pressures Europe Faces Economic Setback Risk Amid Banking Regulation Pressures

Europe Faces Economic Setback Risk Amid Banking Regulation Pressures

London, 27 January 2026 — Europe’s economic growth risks lagging behind other regions unless the European Union (EU) reforms regulatory frameworks that are currently hampering banks’ lending capabilities, the European Banking Federation (EBF) has warned. Sławomir Krupa, President of the EBF and Chief Executive Officer of France’s Société Générale, cautioned that the existing supervisory and […]
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Egg Attack on Dhaka-8 Candidate Sparks Tensions

Egg Attack on Dhaka-8 Candidate Sparks Tensions

Nasiruddin Patwary, the candidate for the Dhaka-8 constituency, was subjected to an egg-throwing incident on Tuesday at the Pitha Festival held at Habibullah Bahar College. The event caused an unexpected disturbance and heightened tensions among attendees. Mahbub Alam, head of the election media subcommittee of the Nationalist Congress Party, confirmed the incident. According to local […]
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Mobile Phone Insurance Market Nears $70bn

Mobile Phone Insurance Market Nears $70bn

The global mobile phone insurance market is on a strong growth trajectory and is forecast to surpass a valuation of 70 billion US dollars by 2029, reflecting fundamental shifts in consumer behaviour and technology adoption. Although still modest in size compared with the broader insurance and financial services industries, the segment is increasingly recognised as […]
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BRAC Bank Maintains Four-Year GSEC Dominance

BRAC Bank Maintains Four-Year GSEC Dominance

BRAC Bank has once again affirmed its leading position in the secondary market trading of Government Securities (GSEC), marking a consecutive fourth year of dominance. According to the latest annual report from Bangladesh Bank, BRAC Bank’s market share in the 2024–25 fiscal year rose to 17.03 per cent, a significant increase from 13.39 per cent […]
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HLIA Targets Strategic Growth in Hong Kong Insurance

HLIA Targets Strategic Growth in Hong Kong Insurance

Hong Long Insurance (Asia) Limited (HLIA) is actively pursuing an expansion of its footprint in Hong Kong’s general insurance market. According to a recent report by credit rating agency A.M. Best, HLIA is focused on growing its commercial insurance portfolio while leveraging its existing customer base to introduce new products through cross-selling in the personal […]
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Community Bank Joins National Pension Drive

Community Bank Joins National Pension Drive

Community Bank Bangladesh PLC has formally partnered with the National Pension Authority (NPA) to expand and simplify access to Bangladesh’s Universal Pension Scheme, a flagship social security initiative aimed at providing long-term financial protection for a broad cross-section of citizens. Stakeholders believe the collaboration will make the collection of monthly pension contributions more efficient, transparent […]
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RAB Seizes 24 Crore Narcotics in Coastal Raid RAB Seizes 24 Crore Narcotics in Coastal Raid

RAB Seizes 24 Crore Narcotics in Coastal Raid

In a major tactical triumph against trans-border drug cartels, the Rapid Action Battalion (RAB-15) has intercepted a massive narcotics shipment valued at approximately 24 crore BDT (£1.5 million). The contraband, which included both synthetic stimulants and high-grade opiates, was found expertly concealed beneath the sands of a mangrove forest in North Nuniarchhara, Cox’s Bazar. The […]
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Progressive Life Simplifies Payments via Rocket and NexusPay Progressive Life Simplifies Payments via Rocket and NexusPay

Progressive Life Simplifies Payments via Rocket and NexusPay

Progressive Life Insurance Company Limited has taken a significant stride towards digital transformation by launching a seamless premium payment facility in collaboration with Dutch-Bangla Bank PLC (DBBL). Policyholders can now settle their insurance dues instantaneously using the Rocket mobile financial service and the NexusPay application, marking a shift toward greater consumer convenience and financial digitisation. […]
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