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Category: State

Singapore Proposes Protected Cell Company Framework to Scale Insurance Solutions 1 Singapore Proposes Protected Cell Company Framework to Scale Insurance Solutions

Singapore Proposes Protected Cell Company Framework to Scale Insurance Solutions

The Monetary Authority of Singapore (MAS) has launched a public consultation proposing a new legislative framework for Protected Cell Companies (PCC). This new corporate structure aims to revolutionise how the insurance sector handles specialist risk programmes by allowing insurers to segregate disparate asset and liability pools under a single legal umbrella. The initiative responds directly […]
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California Proposal Targets Driver Privacy For Cheaper Insurance Rates 2 California Proposal Targets Driver Privacy For Cheaper Insurance Rates

California Proposal Targets Driver Privacy For Cheaper Insurance Rates

A controversial legislative proposal in California that would allow insurance companies to monitor motorists’ driving habits in exchange for potential premium discounts is drawing fierce opposition. The draft law faces a wall of resistance from the state’s Department of Insurance, alongside consumer rights and privacy advocates, as it threatens to upend decades of consumer protection […]
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Bangladesh Currency Exchange Rates Today 2 Bangladesh Currency Exchange Rates Today

Bangladesh Currency Exchange Rates Today

Bangladesh’s growing engagement with the global economy has made foreign currency exchange rates increasingly important for businesses, travellers, students and expatriates alike. As international trade continues to expand, fluctuations in the value of major global currencies directly influence import costs, export earnings, overseas education expenses and remittance transactions. For that reason, daily exchange rate updates […]
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Citizens Bank Marks Fourth Anniversary with Growth Commitment Citizens Bank Marks Fourth Anniversary with Growth Commitment

Citizens Bank Marks Fourth Anniversary with Growth Commitment

Citizens Bank recently celebrated its fourth anniversary in a festive atmosphere, bringing together members of its Board of Directors, senior executives and officials from across the organisation to reflect on the institution’s journey and reaffirm its commitment to delivering high-quality banking services. The special event highlighted the bank’s achievements over the past four years, its […]
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Bangladesh Taka Holds Steady Against Major Global Currencies Bangladesh Taka Holds Steady Against Major Global Currencies

Bangladesh Taka Holds Steady Against Major Global Currencies

Daily foreign exchange rates remain an important indicator for businesses, importers, exporters, overseas workers, travellers and individuals engaged in international financial transactions. As Bangladesh continues to participate actively in global trade, movements in major international currencies directly influence import costs, export competitiveness, remittance inflows and overall economic activity. Exchange rates fluctuate in response to developments […]
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Inflation Squeezes Asian Household Budgets Into Short Term Focus 1 Inflation Squeezes Asian Household Budgets Into Short-Term Focus

Inflation Squeezes Asian Household Budgets Into Short-Term Focus

A significant shift in economic behavior is taking place across Asia as rising inflation alters consumer habits. Families are increasingly prioritising immediate daily expenses over their long-term financial security. This adjustment raises serious concerns about the long-term readiness of households to navigate unexpected economic shocks and secure their retirement independence. A regional survey published by […]
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Government Names Md. Anisur Rahman New Central Bank Deputy Governor 1 Government Names Md. Anisur Rahman New Central Bank Deputy Governor

Government Names Md. Anisur Rahman New Central Bank Deputy Governor

The Ministry of Finance has formally appointed Md. Anisur Rahman, currently serving as an Executive Director at Bangladesh Bank, as the new Deputy Governor of the nation’s central bank. The senior financial executive has been granted a contractual tenure spanning three years, a move intended to stabilise the institution’s primary regulatory leadership structure. The official […]
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Venezuela Earthquake Threatens 10 Billion Economic Losses 2 Venezuela Earthquake Threatens $10 Billion Economic Losses

Venezuela Earthquake Threatens $10 Billion Economic Losses

Venezuela is facing the aftermath of a devastating seismic disaster that has left widespread destruction, mounting humanitarian needs and growing concerns for the country’s insurance industry. Early assessments suggest the total economic losses could exceed 10 billion US dollars, while uncertainty over insurance coverage is placing additional pressure on both domestic insurers and the global […]
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