Category: State

Global Insurers Struggle as Only Seven Per Cent Excel 2 Global Insurers Struggle as Only Seven Per Cent Excel

Global Insurers Struggle as Only Seven Per Cent Excel

A comprehensive analysis of the global insurance industry has revealed a significant disparity in digital proficiency, with only 7% of the world’s largest carriers attaining the status of “Digital Competitors”. Despite substantial and widespread investment in technological transformation throughout the sector, the vast majority of firms have yet to translate these expenditures into market-leading operational […]
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Reserves Edge Closer to 31 Billion Reserves Edge Closer to $31 Billion

Reserves Edge Closer to $31 Billion

Bangladesh’s foreign exchange reserves are once again showing signs of steady recovery, marking a positive turn for the country’s external financial position. According to the latest data from the Bangladesh Bank, reserves calculated under the International Monetary Fund’s Balance of Payments and International Investment Position Manual (BPM6) methodology have climbed to nearly 31 billion US […]
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Currency Exchange Rates – 8 May Currency Exchange Rates – 8 May

Currency Exchange Rates – 8 May

On 8 May, the exchange rates of various foreign currencies against the Bangladeshi Taka reflect ongoing shifts in the global foreign exchange market, influenced by international trade flows, remittance trends, inflationary pressures, and monetary policies across major economies. For Bangladesh, where a significant number of citizens live and work abroad, monitoring daily currency fluctuations remains […]
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Hong Kong Insurance Sales Rise Amid Tourism Recovery Hong Kong Insurance Sales Rise Amid Tourism Recovery

Hong Kong Insurance Sales Rise Amid Tourism Recovery

Hong Kong’s insurance and tourism industries are experiencing a sustained recovery, underpinned by a significant increase in visitor arrivals. This resurgence is providing critical support for cross-border life insurance sales, with Mainland Chinese visitors (MCVs) identified as the primary demographic driving this demand. Surge in Visitor Arrivals According to the Jefferies data tracker, which synthesises […]
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Taiwan Life Insurers Face Consolidation Amid Capital Strain Taiwan Life Insurers Face Consolidation Amid Capital Strain

Taiwan Life Insurers Face Consolidation Amid Capital Strain

The Taiwanese life insurance sector is currently navigating a period of significant structural transition, marked by increased merger and acquisition (M&A) activity. According to the Fitch Ratings’ APAC Insurance Outlook 2026, published in December 2025, this wave of consolidation is a direct consequence of persistent strain on the risk-based capital (RBC) positions of weaker firms […]
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Bank Asia to Issue BDT 1000 Crore Bond Bank Asia to Issue BDT 1,000 Crore Bond

Bank Asia to Issue BDT 1,000 Crore Bond

Bank Asia Limited, a prominent private commercial bank in Bangladesh, has formally announced its decision to issue a green sustainable bond valued at BDT 1,000 crore. The primary objective of this financial move is to bolster the institution’s capital base while providing dedicated funding for environmentally friendly and sustainable initiatives. This strategic decision was ratified […]
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Bangladesh Bank Unifies Foreign Exchange Transport Regulations Bangladesh Bank Unifies Foreign Exchange Transport Regulations

Bangladesh Bank Unifies Foreign Exchange Transport Regulations

Bangladesh Bank, the central bank of the country, has issued a comprehensive circular aimed at streamlining the remittance of funds abroad in exchange for transport services. Released on Thursday, this new directive establishes a unified regulatory framework for ticket issuance and charge collection services involving international passenger transport, foreign airlines, and shipping companies’ cargo operations. […]
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Daily Currency Exchange Rates Update Daily Currency Exchange Rates Update

Daily Currency Exchange Rates Update

The foreign exchange market continues to play a crucial role in Bangladesh’s increasingly globalised economy, driven by expanding international trade and a steady inflow of remittances from millions of expatriate Bangladeshis living and working abroad. With more than ten million Bangladeshis residing overseas, fluctuations in currency exchange rates have a direct impact on household incomes, […]
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