After the devastating fire at Wang Fuk Court in Tai Po, Hong Kong insurers are expanding financial assistance and accelerating claims processes for affected residents. Regulators, industry associations, and major insurers are actively reaching out to injured individuals and bereaved families to ensure prompt compensation. The Hong Kong Insurance Authority (IA) reported that as of […]

The government of Thailand has instructed insurers to simplify and expedite claims for those affected by severe flooding in the southern provinces. Prime Minister Anutin Charnvirakul emphasised that home and vehicle claims must be processed quickly. If original documents are destroyed or unavailable, policyholders can submit photographic evidence via Line and other designated digital channels […]

In recent months, currency held outside banks has been returning to bank vaults in significant volumes, offering some relief to commercial banks facing persistent liquidity constraints. Central bank data shows that approximately 260 billion taka flowed back into the banking sector over the four months leading up to October. Central bankers and money market analysts […]

Islamic banking in Bangladesh is entering a transformative phase, driven by evolving customer expectations, rapid technological advancements, and the growth of a digital financial ecosystem. Rising demand for accessible, transparent, and value-driven financial solutions is prompting institutions to prioritise innovation and modernisation, positioning technology as a cornerstone for enhancing trust and efficiency in Shariah-compliant services. […]