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Category: South Asia

Agentic AI Compresses Traditional Insurance Development Cycles Agentic AI Compresses Traditional Insurance Development Cycles

Agentic AI Compresses Traditional Insurance Development Cycles

Md Sakib Hossain | Sub-Editor | GLive24.comApril 29, 2026
A significant joint whitepaper published by management consultancy Synpulse and artificial intelligence specialist 360F has revealed that the integration of agentic AI can drastically curtail the protracted development cycles synonymous with the insurance sector. Historically, bringing a new insurance offering to market has required a timeline of six to twelve months; however, the new research […]
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Central Bank Eases Eligibility Criteria for Banking Sector Performance Bonuses Central Bank Eases Eligibility Criteria for Banking Sector Performance Bonuses

Central Bank Eases Eligibility Criteria for Banking Sector Performance Bonuses

Md Sakib Hossain | Sub-Editor | GLive24.comApril 29, 2026
The Bangladesh Bank has introduced a refined framework regarding the disbursement of incentive bonuses for bank officials and employees, introducing a measured degree of regulatory flexibility. Under the newly enacted provisions, scheduled banks are now permitted to grant a performance bonus—capped at a maximum of one month’s basic salary—in recognition of specific institutional milestones, even […]
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HDI Warns Victoria Peak Safety Measures May Fail Under Climate Extremes HDI Warns Victoria Peak Safety Measures May Fail Under Climate Extremes

HDI Warns Victoria Peak Safety Measures May Fail Under Climate Extremes

Md Sakib Hossain | Sub-Editor | GLive24.comApril 29, 2026
A comprehensive analysis conducted by HDI Risk Consulting has highlighted the growing vulnerability of Hong Kong’s Victoria Peak to the escalating effects of climate change. The report, which forms part of the insurer’s Iconic Landmarks Series, warns that current safety safeguards—though historically successful—are being pushed beyond their intended operational limits by unprecedented weather events. As […]
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Shakib Al Hasan Slams T20 World Cup ‘Blunder Shakib Al Hasan Slams T20 World Cup ‘Blunder’

Shakib Al Hasan Slams T20 World Cup ‘Blunder’

Md Sakib Hossain | Sub-Editor | GLive24.comApril 29, 2026
Shakib Al Hasan, the veteran all-rounder and former captain of the Bangladesh national cricket team, has issued a stern critique regarding the nation’s absence from the 2026 ICC Men’s T20 World Cup. In a recently published statement, Shakib characterised the decision by the then-interim government to withdraw from the global tournament as a “blunder” of […]
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CTF Life Unveils Strategic Wealth Solution with Projected 6.5 IRR CTF Life Unveils Strategic Wealth Solution with Projected 6.5% IRR

CTF Life Unveils Strategic Wealth Solution with Projected 6.5% IRR

Md Sakib Hossain | Sub-Editor | GLive24.comApril 29, 2026
CTF Life has formally announced the launch of the MyWealth Beyond Savings Insurance Plan, a sophisticated wealth management instrument engineered to facilitate long-term capital growth through versatile premium structures and a dynamic asset allocation framework. This product enters the market with a projected total internal rate of return (IRR) of up to 6.5% by the […]
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Free School Kit Initiative Unveiled Free School Kit Initiative Unveiled

Free School Kit Initiative Unveiled

Shourav Biswas | Sub-Editor | GLive24.comApril 29, 2026
From July, primary school pupils across the country are set to receive school uniforms, jute-made school bags and shoes free of cost under a government programme aimed at supporting early education. The initiative, described as both humanitarian and practical, seeks cooperation from the private sector for its nationwide implementation. Leading business groups, including Bashundhara Group, […]
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Meteorological Office Issues Lightning Advice Meteorological Office Issues Lightning Advice

Meteorological Office Issues Lightning Advice

Shourav Biswas | Sub-Editor | GLive24.comApril 29, 2026
The Bangladesh Meteorological Department has issued precautionary guidance for the public amid forecasts of thunderstorms and lightning accompanied by rain in several regions of the country. In its warning issued on Wednesday (29 April), the department stated that individuals should immediately move away from hazardous locations upon observing dark, dense clouds in the sky or […]
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