U.S. President Donald Trump has expressed support for Chinese investment in Venezuela’s oil industry, saying Beijing is welcome to make major deals in the sector. He made the remarks aboard Air Force One while speaking to reporters, as Venezuela seeks new foreign investment following the removal of Nicolás Maduro and amid efforts to overcome a deep economic crisis.

Venezuela, which holds the world’s largest proven oil reserves, recently introduced legal reforms to ease private and foreign investment in its oil sector. Under Maduro, China had been the country’s main oil buyer, but Beijing condemned his January 3 arrest by U.S. forces, creating uncertainty about future ties. Trump also said interim President Delcy Rodríguez reached an energy cooperation agreement with India, which plans to buy Venezuelan oil instead of Iranian supplies.

Trump indicated that Washington and Caracas will share oil profits and that the U.S. is working closely with Venezuela’s new leadership. He further suggested that the U.S. may pursue a potential deal with Cuba, hinting at possible diplomatic openings.

Workers and employees at Chattogram Port continued their strike for a second day on Sunday, halting operational activities and disrupting import-export traffic. From 8 a.m., workers attempted to stage demonstrations outside the port, while law enforcement, including the army, tightened security. The Chattogram Metropolitan Police (CMP) issued directives prohibiting assemblies and gatherings in the port area for one month to maintain normal port operations.

According to sources, the strike was called to protest the decision to lease the New Mooring Container Terminal (NCT) to a foreign company and a related court ruling. The port authority formed a six-member committee to assess revenue losses and identify those responsible. Four employees accused of leading the movement were transferred to Dhaka’s Pangaon ICT, and officials warned of disciplinary action against participants during office hours.

CMP Commissioner Hasib Aziz’s public notice imposed restrictions under the 1978 Metropolitan Police Ordinance, banning gatherings, weapons, and explosives in key port areas until March 2. However, election campaigns for the 2026 national polls remain exempt from the ban.

U.S. President Donald Trump has claimed that India has signed an agreement to purchase oil from Venezuela instead of Iran. Speaking to reporters aboard Air Force One on Saturday, Trump said the deal had already been made. However, there was no immediate response from New Delhi regarding the claim, according to NDTV.

Trump had earlier imposed a 25 percent tariff in March 2025 on countries, including India, that buy Venezuelan oil, and also introduced additional tariffs on Indian imports of Russian oil. He further asserted that U.S. forces took control of Venezuelan oil after the January 3 abduction of Venezuelan President Nicolás Maduro and his wife by the U.S. Delta Force. Bloomberg reported that in January, 18 tankers carrying Venezuelan crude were sent to refineries in Texas, Louisiana, and Mississippi, marking the highest volume since December 2024.

Following the alleged abduction, Venezuelan oil exports to China dropped from 400,000 barrels per day to zero, while shipments to the U.S. rose to about 275,000 barrels daily, double the previous month’s level.

Bangladesh’s Ninth Pay Commission has recommended increasing government employees’ salaries by 100 to 150 percent, roughly two to two-and-a-half times the current levels. The proposal, submitted on January 21 to the chief adviser, suggests raising the minimum basic salary from Tk 8,250 to Tk 20,000 and the maximum from Tk 78,000 to Tk 160,000. Implementing the plan would require an additional Tk 106,000 crore in government spending. In comparison, India, Pakistan, and Nepal have recently proposed or implemented salary increases ranging from 10 to 35 percent.

Economists and analysts have questioned the timing and feasibility of the recommendation, citing Bangladesh’s sluggish economy, revenue shortfalls, and rising government borrowing. The interim government’s economic and energy advisers have stated that the proposal will not be implemented under their administration, leaving the decision to the next elected government. Critics, including former officials, warned that the recommendation could create fiscal pressure and political complications for the incoming administration.

Experts further cautioned that implementing such a large pay hike could force cuts in the annual development program, affecting key sectors like education, health, and infrastructure.

The government has finalized its decision to lease the New Mooring Container Terminal (NCT) of Chattogram Port to foreign operator DP World. The agreement is expected to be signed in Dhaka today, Sunday, in the presence of senior government and ministerial officials. However, port authorities claim they have not been officially informed about the deal, which is being managed by the Public-Private Partnership Authority. Meanwhile, BNP-backed port workers and employees continue strikes and protests opposing the foreign operator’s appointment.

According to port sources, the handover of NCT to DP World may be completed before the February 12 national election. Workers argue that leasing the profitable terminal to a foreign company could cost the state around two thousand crore taka annually and threaten national security. The port authority counters that DP World’s advanced technology will enhance operational capacity while preserving national interests through lease revenues.

In response to ongoing strikes, the port authority has transferred four employees and formed a committee to identify those violating institutional discipline and assess related losses.

The Bangladesh government has reduced the prices of all types of fuel oil by Tk 2 per liter for February. According to a notification issued by the Energy and Mineral Resources Division on Saturday night, the new rates will take effect from Sunday, February 1. Under the revised pricing, diesel will cost Tk 100 per liter, kerosene Tk 112, petrol Tk 116, and octane Tk 120.

The government introduced an automatic fuel pricing system in March of the previous year to align domestic prices with global market trends. Under this system, new prices are announced each month based on international market movements. The latest adjustment reflects the continuation of that policy framework.

The notification did not specify how long the new rates will remain in effect beyond February, but the monthly review mechanism suggests further adjustments may follow depending on global price changes.

At the 14th Zakat Fair 2026 held at the Officers’ Club in Dhaka, speakers emphasized the need for a state-managed zakat system to reduce financial inequality in Bangladesh. Religious Adviser Dr. A F M Khalid Hossain, the chief guest, said that institutional collection and distribution of zakat could generate up to one trillion taka annually, significantly aiding poverty alleviation. The event was chaired by former caretaker government adviser Dr. Hossain Zillur Rahman, with a welcome address by Center for Zakat Management (CZM) CEO Dr. Mohammad Ayub Mia.

Speakers noted that zakat is both a financial and moral obligation, requiring proper oversight to ensure funds are used effectively. They highlighted that despite a large Muslim population, many capable individuals either do not pay zakat or fail to calculate and distribute it correctly. A symposium titled “Islamic Social Finance: Future Roadmap” proposed forming an Islamic Social Finance Ministry, noting that zakat and waqf income could contribute up to 4% of GDP.

Former NBR chairman Dr. Mohammad Abdul Majid stressed that government involvement and clear guidelines are essential to make zakat management transparent and impactful for national development.

Professor Dr. M. Zubaidur Rahman, Chairman of Islami Bank Bangladesh PLC, called on officials to strengthen public trust in the bank by ensuring customer satisfaction through dedicated service. Speaking as chief guest at an officers’ conference held on Saturday, January 31, 2026, at the Sena Prangon in Dhaka Cantonment, he emphasized that customers are the lifeblood of the bank and that all complaints should be addressed promptly and seriously. He urged employees to treat the institution as their own to enhance service quality and operational efficiency.

The event was presided over by Managing Director Md. Omar Faruk Khan, with senior executives including Executive Committee Chairman Mohammad Khurshid Wahab, Audit Committee Chairman Md. Abdus Salam, Risk Management Committee Chairman Professor Dr. M. Masud Rahman, and Independent Director Md. Abdul Jalil attending as special guests. Additional Managing Director Md. Altaf Hossain delivered the welcome speech, while Deputy Managing Director Md. Mahbub Alam gave the vote of thanks.

In his remarks, Managing Director Khan highlighted the importance of expanding investment in the SME sector to strengthen the national economy and make banking services more accessible through improved customer care.

The four-day 25th Dhaka International Yarn and Fabric Show (DIFS) 2026 – Winter Edition and the 8th Dhaka International Denim Show 2026 concluded successfully at the International Convention City Bashundhara (ICCB) in Dhaka. Organized jointly by Conference and Exhibition Management Services (CEMS-Global USA) and the Sub-Council of Textile Industry, China Council for the Promotion of International Trade (CCPIT-TEX China), the exhibitions ran from January 28 to 31, 2026.

More than 325 companies from over 15 countries participated, displaying modern technologies and innovations in yarn, fabric, denim, and related textile products across over 650 booths. The first day featured a seminar titled “Why Invest in Bangladesh?” organized with the support of the Bangladesh Investment Development Authority (BIDA), while the second day hosted “Importance of MICE Tourism in Bangladesh” in collaboration with the Bangladesh Tourism Board (BTB).

Organizers stated that the international exhibitions would strengthen Bangladesh’s global position in the textile and apparel sector and open new opportunities for investment and event-based tourism.

Workers and employees at Chattogram Port began a work stoppage on Saturday, defying official warnings from the port authority. Although cargo unloading at the jetty continued, delivery and other internal operations came to a standstill. The strike was called by the Chattogram Port unit of the Jatiyatabadi Sramik Dal to protest the government’s decision to lease the New Mooring Container Terminal (NCT) to foreign company DP World. The program, announced earlier in the week, was supported by the Sramik Karmachari Oikya Parishad (SKOP).

The port authority had issued a notice on Friday warning of strict administrative and legal action against those involved in anti-institutional activities, stating that the process of engaging the foreign company was based on a court ruling. Despite this, workers continued their planned program. According to labor leader Humayun Kabir, workers reported to duty but refrained from work as a peaceful protest, keeping vessel unloading ongoing to avoid congestion.

Port officials said discussions were ongoing and that an official statement would be released later. The strike is scheduled to end at 4 p.m., with workers warning of tougher actions if the government does not reconsider the lease decision.

The 14th Zakat Fair 2026 began in Dhaka on Saturday under the theme “Establishing Justice through Zakat.” The event was inaugurated by Dr. A F M Khalid Hossain, religious adviser to the interim government, at the Officers’ Club on Bailey Road. Organized by the Center for Zakat Management (CZM), the fair aims to promote a just, equitable, and poverty-free society through institutional zakat management.

In his inaugural speech, Dr. Hossain emphasized that those who can afford but do not pay zakat lack true faith. He noted that zakat is not charity but the rightful due of the poor, and urged greater public awareness. Former caretaker government adviser Dr. Hossain Zillur Rahman highlighted the global philosophical crisis regarding moral and financial responsibilities, stressing that zakat must be given and monitored responsibly. CZM CEO Dr. Mohammad Aiyub Mia said institutional zakat collection can play a major role in reducing income inequality and poverty.

Speakers expressed hope that proper zakat management could significantly contribute to social justice and economic equity in Bangladesh.

The Nuclear Power Plant Company Bangladesh Limited (NPCBL) has issued recruitment notices to hire 521 personnel for the Rooppur Nuclear Power Plant. The positions span grades 6 to 19 and cover a wide range of roles including engineers, medical officers, psychologists, security staff, fire service members, technical and support staff. Applications for most positions open on January 22, 2026, while applications for positions numbered 12 to 27 begin on February 2, 2026.

The recruitment covers several departments such as on-site fire station, security and physical protection services, medical and psychology units, and technical divisions including electrical, electronics, chemistry, and cyber security. Salaries will range from BDT 17,400 to BDT 84,000 depending on grade, with additional benefits as per government regulations. Interested candidates can apply online through www.rooppurnpp.gov.bd or https://npcbl.gov.bd.

The announcement reflects NPCBL’s effort to strengthen operational and safety capacities at the Rooppur Nuclear Power Plant through diverse technical and administrative appointments.

Selim Mia, a farmer from Taghli village in Bahubal upazila of Habiganj, has achieved notable success cultivating squash, a vegetable popular in Thailand and Vietnam. Guided by local agricultural officers, he experimented with squash on 13 decimals of land during the winter season alongside other vegetables. His total cost was around 8,000 taka, and he expects to earn between 50,000 and 60,000 taka from the harvest. The crop began producing fruit about one and a half months after planting.

Assistant agriculture officer Shamimul Haque Shamim confirmed providing technical support and said Selim’s success has encouraged other farmers to try squash cultivation. Upazila agriculture officer Chinmoy Kar Opu described squash as a foreign vegetable still new to local farmers but noted that those who have tried it have been financially successful. He added that the department is also promoting other foreign vegetables such as broccoli, capsicum, and red cabbage.

According to Opu, squash is nutritionally rich, containing vitamins A, C, E, B6, and minerals like magnesium, potassium, and iron. He said regular consumption can strengthen immunity and help protect against diseases such as diabetes, cancer, and heart ailments.

Rear Admiral S.M. Moniruzzaman, Chairman of the Chattogram Port Authority, has emphasized the adoption of Public-Private Partnership (PPP) and Government-to-Government (G2G) concession models to modernize Bangladesh’s port management sustainably. Writing on January 31, 2026, he argued that these models can attract foreign direct investment, enhance operational efficiency, and reduce the government’s debt burden while ensuring long-term financial stability. The approach aligns with the interim government’s economic transformation plan led by Nobel laureate Dr. Muhammad Yunus, which prioritizes maritime sector development as a foundation for national growth.

According to Moniruzzaman, over 92 percent of Bangladesh’s international trade passes through Chattogram Port, making its expansion and modernization crucial. He contends that PPP and G2G frameworks outperform traditional open tendering by ensuring compliance with international standards, structured risk-sharing, and transparent financial safeguards such as mandatory feasibility studies and net present value thresholds. The model also supports environmental protection, technology transfer, and skilled workforce development.

He concludes that implementing PPP and G2G concessions will strengthen Bangladesh’s global trade position, attract sustainable foreign investment, and transform Chattogram Port into a world-class logistics hub.

Russia, facing a shortage of workers across agriculture, industry, infrastructure, and shipbuilding, has turned to foreign labor to fill the gap. In December, a labor export agreement was signed between Russian President Vladimir Putin and Indian Prime Minister Narendra Modi, under which 70,000 Indian workers are expected to go to Russia in 2026. Reports indicate that Indian workers will earn between 555 and 1,111 US dollars per month. Meanwhile, Bangladesh remains far behind, with only 6,266 workers currently in Russia and just 325 sent officially through government channels.

Migration experts attribute Bangladesh’s weak position to a lack of long-term planning and poor coordination between the Ministry of Expatriates’ Welfare and the Ministry of Foreign Affairs. They argue that Bangladesh needs a permanent labor market research center and better collaboration with private sector experts to identify opportunities. Officials from the expatriates’ welfare ministry say a draft memorandum of understanding has been sent to Russia’s foreign ministry, though issues remain over repatriation agreements.

Experts warn that without strategic reforms and institutional coordination, Bangladesh risks missing out on emerging labor markets like Russia’s.