Premium default begets claim-payment crisis in general insurance
Premium default begets claim-settlement crisis in general insurance that prompts the state-owned Sadharan Bima Corporation (SBC) to reinvent legal instrument to realise reinsurance premiums from private insurance companies, officials said. From the current treaty year (April-March) in the insurance business, the SBC wants to insert the provision of 'notice of...
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BEPZA to start allocating plots in Jashore EPZ in 2026
Bangladesh Export Processing Zones Authority (BEPZA) is expected to start allocating plots for investors in Jashore Export Processing Zone (EPZ) by the end of 2026."The land development works of Jashore EPZ will start soon after completing the tender process. Despite the low land of the EPZ area, I think, we...
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Netflix earnings top forecasts despite economic turmoil
SAN FRANCISCO, April 17 (AFP): Netflix on Thursday reported quarterly earnings slightly better than analysts expected, saying it is staying focused on what it can control as the overall economy is roiled by US President Donald Trump's trade war.The streaming television service declared itself "off to a good start in...
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China-founded e-commerce sites Temu and Shein say they're raising prices due to tariffs
NASHVILLE, Tenn. Apr 18 (UNB): China-founded e-commerce sites Temu and Shein say they plan to raise prices for U.S. customers starting next week, a ripple effect from President Donald Trump's attempts to correct the trade imbalance between the world's two largest economies by imposing a sky-high tariff on goods shipped...
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Housing sector volatility: Soaring prices leave middle-class dreams dashed
Dhaka, April 18 (UNB) - Shahjalal Khan, a retired school headmaster from the bustling Mohammadpur neighbourhood, had long cherished the dream of securing a modest apartment in Dhaka-a peaceful corner to call his own after decades of service to the nation's youth.His wife, Rayea Akter, also on the cusp of...
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