Category: State

Hong Kong Long Term Insurance Market Statistics 2025 Hong Kong Long-Term Insurance Market Statistics 2025

Hong Kong Long-Term Insurance Market Statistics 2025

Provisional statistics released by the Insurance Authority (IA) for the 2025 calendar year indicate a period of robust activity within Hong Kong’s long-term insurance sector. The data underscores the territory’s enduring status as a primary international centre for risk management and capital preservation. Throughout the twelve-month period, the market successfully registered 109,813 new direct long-term […]
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Fazlur Rahman Critics of My Funeral Are Jamaat

Fazlur Rahman: Critics of My Funeral Are Jamaat

Kishoreganj-4 Member of Parliament Fazlur Rahman has rejected claims that his funeral prayers would not be conducted, stating that those making such assertions are affiliated with Jamaat. He made the remarks on Saturday (3 May) while responding to questions from journalists. The veteran freedom fighter dismissed the claims and said there would be no shortage […]
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Ninth Pay Structure Progresses Ahead Ninth Pay Structure Progresses Ahead

Ninth Pay Structure Progresses Ahead

The Government has taken another significant step towards implementing the long-awaited Ninth National Pay Scale for public sector employees. According to recent developments from the Ministry of Finance, the proposed national budget for the 2026–27 fiscal year is expected to allocate approximately Tk 35,000 crore specifically for the initial phase of the new pay structure. […]
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Foreign Exchange Rates in Bangladesh Foreign Exchange Rates in Bangladesh

Foreign Exchange Rates in Bangladesh

Bangladesh’s economy is becoming increasingly integrated with global financial flows, with foreign exchange movements now playing a crucial role not only for businesses but also for ordinary citizens. Expanding international trade, steady remittance inflows from overseas Bangladeshis, and rising cross-border transactions have made exchange rate fluctuations a key economic indicator. Remittances sent by expatriate workers […]
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Hong Kong Logs 109,813 Policies

Hong Kong Logs 109,813 Policies

Hong Kong’s long-term insurance industry issued 109,813 new direct long-term policies in 2025, according to provisional data published by the Insurance Authority. The figures provide an overview of market activity across new business written during the year, including both protection and savings-linked insurance products. New direct long-term business generated significant premium inflows over the reporting […]
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IDRA Lists Seven Firms for Insurance Audits

IDRA Lists Seven Firms for Insurance Audits

The Insurance Development and Regulatory Authority (IDRA) has empanelled seven Cost and Management Accounting (CMA) firms for conducting cost audits and performance audits of life and non-life insurance companies in Bangladesh. The decision forms part of the regulator’s broader initiative to enhance financial discipline, transparency, and accountability across the insurance sector. The announcement was issued […]
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Central Bank plans Tk40,000cr refinance scheme to revive factories

Central Bank plans Tk40,000cr refinance scheme to revive factories

The Bangladesh Bank is preparing to introduce a Tk40,000-crore refinance programme designed to revive closed and inactive industrial units across Bangladesh. The initiative aims to restore production activity, protect employment, and strengthen export capacity at a time of continued macroeconomic strain. Officials involved in the process said a policy framework is being drafted this week […]
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Footsteps, Eastern Bank Upgrade Libraries for Special Children

Footsteps, Eastern Bank Upgrade Libraries for Special Children

Footsteps Bangladesh, in partnership with Eastern Bank PLC, has inaugurated two Britto Children’s Libraries at the Eskaton and Dhanmondi campuses of SWID Bangladesh. The initiative is designed to enhance access to learning resources for children with special needs through dedicated and adapted library spaces. The project has been implemented under Project Britto, which focuses on […]
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Grameenphone, Prime Bank FinTech Enhance Connectivity

Grameenphone, Prime Bank FinTech Enhance Connectivity

Grameenphone has formed a partnership with Prime Bank FinTech Limited to expand access to secure and inclusive digital financial services across Bangladesh. The initiative brings together Grameenphone’s nationwide network and digital ecosystem with Prime Bank FinTech Limited’s Mobile Financial Services (MFS) platform to improve service availability and encourage wider adoption of digital transactions. The collaboration […]
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