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The Dhaka North City Corporation (DNCC) has announced plans to introduce area-based rent rates and new guidelines for tenants and landlords by early December. During a roundtable discussion on tenant and landlord rights held at the DNCC auditorium on Thursday, the city’s administrator stated that although the House Rent Control Act of 1991 exists, many of its provisions are not being followed. The DNCC aims to prepare a directive ensuring compliance with safety measures such as fire protection and earthquake resistance. Tenants will have the freedom to move in or out of rented houses at their convenience. The city authority will also publish a standard agreement format on its website and take steps to prevent commercial activities in residential areas. Additionally, DNCC will ensure that tenants are informed about landlords’ holding tax payments, and services will be withheld from properties with unpaid taxes.
DNCC to set area-based rent rates and new tenant-landlord rules by early December
After two years and eight months of signing the transit agreement and protocol, the first cargo shipment under the Bangladesh-Bhutan transit arrangement has departed from Chattogram Port. The consignment, consisting of 6,530 kilograms of goods including shampoo, chocolate, juice, and palm fruit imported from Thailand, left the port by road on Wednesday night. The shipment will travel through the Burimari land port, enter India via Changrabandha, and reach Bhutan via Siliguri, covering a total distance of 684 kilometers. Bangladesh earned Tk 101,713 in port charges and duties from this trial run. Chattogram Port Secretary Omar Faruk confirmed that the trial aims to identify and resolve any logistical or procedural issues before regular operations begin. Bhutan, a landlocked country previously reliant on India’s Kolkata and Haldia ports, seeks to diversify its trade routes and reduce costs through this new corridor. The initiative follows Bhutanese Prime Minister Lotay Tshering’s recent visit to Bangladesh, which accelerated the trial process.
First Bhutan-bound cargo leaves Chattogram Port under Bangladesh-Bhutan transit deal trial run
Bangladesh is set to host the first-ever Global Sourcing Expo 2025 from December 1–3 at the Bangladesh-China Friendship Exhibition Center in Purbachal, Dhaka. Organized by the Export Promotion Bureau (EPB), the event aims to expand Bangladesh’s global export footprint by connecting local exporters with leading importers, sourcing agents, and trade promotion organizations from Asia, the Middle East, and Europe. The expo will highlight eight promising sectors beyond garments, including leather goods, IT, processed agricultural products, pharmaceuticals, jute, electronics, and lifestyle items. Participating countries such as Malaysia, Vietnam, Pakistan, and Sri Lanka have confirmed official delegations. The event will feature B2B sessions and business forums to facilitate direct interaction between foreign buyers and local producers. Organizers and experts believe the expo will strengthen Bangladesh’s export diversification strategy, attract new investments, and enhance the country’s long-term economic growth by promoting emerging industries to international markets.
Bangladesh to host Global Sourcing Expo 2025 to boost export diversification and attract global buyers
Global gold prices fell by 0.5 percent after two weeks of record highs, as investors began profit-taking amid uncertainty over the U.S. Federal Reserve’s future monetary policy. According to a Reuters report published Thursday, spot gold declined to $4,145.08 per ounce, while U.S. gold futures for December delivery dropped 0.6 percent to $4,140.80 per ounce. In Bangladesh, the Bangladesh Jewellers Association (BAJUS) also reduced local gold prices by Tk 1,353 per bhori (11.664 grams). The new rate for 22-carat gold now stands at Tk 208,167 per bhori, while 21-carat, 18-carat, and traditional gold are priced at Tk 198,696, Tk 170,318, and Tk 141,648 respectively. BAJUS further stated that a 5 percent government VAT and a minimum 6 percent making charge must be added to the selling price, with variations allowed based on design and quality.
Global gold prices fall 0.5 percent as investors take profits and Bangladesh adjusts local rates
Bangladesh’s interim government has reaffirmed its stance against importing unsafe foreign animal resources, emphasizing the protection and development of domestic livestock to achieve food self-sufficiency. Fisheries and Livestock Adviser Farida Akhter made the statement after inaugurating National Livestock Week 2025 on Thursday. The event, held nationwide for the first time under the theme 'Local breeds, modern technology: progress in livestock,' began with a colorful rally from Manik Mia Avenue to Sher-e-Bangla Nagar field. Akhter said the government aims not only to meet domestic demand through local production but also to explore export opportunities. Highlighting challenges in the poultry sector, she stressed the urgent need to resolve feed shortages to support small farmers. She also announced that the Fisheries and Livestock Ministry will, for the first time, present awards in five categories to 15 individuals for their contributions to the sector.
Bangladesh government rejects unsafe foreign animal imports to boost domestic livestock and food self-sufficiency
Bangladesh’s Chief Adviser Dr. Muhammad Yunus has called for coordinated initiatives to address the growing challenges in the livestock sector, emphasizing its crucial role in national economic growth. Speaking via video message at the inauguration of National Livestock Week 2025 in Dhaka, Yunus highlighted the sector’s contribution to employment, women’s empowerment, and nutrition. He identified climate change, antibiotic resistance, zoonotic diseases, and feed management as major challenges. The interim government, he said, is working tirelessly to overcome these issues. Planning Adviser Wahiduddin Mahmud stressed the need to support local dairy and poultry farmers to reduce import dependence, while Livestock Adviser Farida Akhter emphasized animal welfare and the preservation of indigenous breeds. Officials noted that Bangladesh now has over 85,000 commercial farms and nearly 191,000 small poultry farms producing around 668 million eggs daily. The event marked the first nationwide observance of Livestock Week under the theme “Local breeds, modern technology: progress in livestock.”
Dr. Yunus calls for coordinated national action to address challenges facing Bangladesh’s livestock sector
Farmers in Kishoreganj upazila of Nilphamari, known for early potato cultivation, have begun harvesting this season’s crop amid mixed fortunes. Despite favorable weather and expectations of a bumper yield, market prices have dropped sharply compared to last year. Growers are selling new potatoes to wholesalers at around Tk 51–52 per kilogram, nearly half of last year’s Tk 90 rate. Many farmers began planting in early Ashwin and are now harvesting after 55–60 days. Some, like Ejabul Haque and Shamsher Haji, report limited profits due to lower prices, though they avoided major weather damage. In search of better returns, several farmers are transporting their produce directly to Dhaka markets such as Karwan Bazar and Shyambazar. According to the local agriculture officer, 4,820 hectares were cultivated with early potatoes this season, and good yields are expected. Officials believe that despite lower old potato prices, demand for new potatoes will remain strong, potentially helping farmers recover losses.
Nilphamari’s early potato farmers face low prices but expect bumper yields this season
Bangladesh Bank has introduced stricter experience requirements for appointing managing directors (MDs) and chief executive officers (CEOs) in the country’s commercial banks. According to a circular issued by the central bank’s Banking Regulation and Policy Department on November 26, candidates must now have at least three years of combined or individual experience as Additional Managing Director (AMD) and Deputy Managing Director (DMD) to qualify for the MD position. Previously, only two years of experience in any senior management role was sufficient. The new directive clarifies earlier ambiguities and aims to raise leadership standards in the banking sector. Additionally, the circular allows senior officials from regulatory bodies in the banking and financial sectors, with at least 25 years of experience and service in Grade-2 of the national pay scale, to be directly appointed as MDs. This change opens the door for experienced regulators to assume top executive roles in commercial banks, potentially enhancing governance and professional expertise across the sector.
Bangladesh Bank raises experience requirements for appointing MDs and CEOs in commercial banks
Bangladesh’s Power Division has issued a clarification regarding the calculation of demand charges and meter rent for prepaid electricity users. According to the statement released on November 26, demand charges and meter rent are deducted from the first recharge each month. If no recharge occurs in a given month, the charges are adjusted during the next recharge. The division emphasized that electricity consumption and cost are identical for both prepaid and postpaid meters. Prepaid users receive a 0.5% rebate as a government incentive and are exempt from security deposits. Residential demand charges are set at Tk 42 per kilowatt per month, with a 5% VAT applied. Monthly meter rent is Tk 40 for single-phase and Tk 250 for three-phase meters provided by distribution companies. Customers can recharge through mobile financial services, cards, or vending stations, and enjoy emergency credit facilities if balance runs out. Faulty meters due to technical issues are replaced free of cost.
Bangladesh Power Division explains how demand charges and meter rent apply to prepaid electricity users
Bangladesh and Pakistan are expected to resume direct flights between Dhaka and Karachi from December, according to Bangladesh’s High Commissioner to Pakistan, Iqbal Hussain Khan. Mahan Air is likely to operate three flights weekly, a move anticipated to enhance bilateral trade and regional connectivity. The visa process between the two countries has also been simplified, allowing issuance within three to four days through joint recommendations from the Lahore Chamber of Commerce and Bangladesh’s honorary consulate. Both nations are exploring trade opportunities in rice, pineapples, textiles, and ready-made garments, with plans to launch a direct cargo service soon. The Pakistani Higher Education Commission will send a delegation to Bangladesh to attract students for higher studies. Officials from both sides emphasized the shared cultural and historical ties and expressed optimism that bilateral trade, currently valued at around $700 million, could rise to $3 billion in the coming years with improved connectivity.
Bangladesh and Pakistan plan direct Dhaka-Karachi flights from December to expand trade and connectivity
US President Donald Trump announced that Chinese President Xi Jinping has agreed to increase China’s imports of American goods following a recent phone call between the two leaders. Speaking to reporters aboard Air Force One, Trump said he urged Xi to buy more US products, and Xi consented. The development follows Beijing’s earlier decision to resume soybean purchases from the United States and lift restrictions on rare earth exports. According to US Treasury Secretary Scott Besent, China has pledged to buy 12 million metric tons of soybeans from American farmers this year, with about 2 million tons already ordered. During the conversation, Xi emphasized the historical cooperation between China and the US against fascism and militarism and called for joint efforts to uphold the outcomes of World War II. He also reiterated China’s stance that Taiwan’s return is an integral part of the postwar international order and that Beijing considers Taiwan part of its territory.
Xi agrees to increase Chinese imports of US goods after phone call with Trump
Bangladesh Bank has issued a directive restricting foreign travel by bank officials until the upcoming national parliamentary election. In a circular sent to all bank chairmen and managing directors on Wednesday, the central bank instructed that managing directors (MDs), chief executive officers (CEOs), and other employees should refrain from traveling abroad unless absolutely necessary. The order, issued under Section 45 of the Bank Company Act of 1991, takes immediate effect and will remain in force until further notice. The move is seen as part of efforts to maintain administrative stability and ensure smooth financial operations during the election period. The central bank emphasized that any foreign travel must be justified by urgent necessity and approved accordingly. This measure aims to keep key decision-makers available in the country during a politically sensitive time.
Bangladesh Bank restricts foreign travel of bank officials until national election for operational stability
Bangladesh Bank has issued a directive restricting foreign travel by officials and employees of all banks and financial institutions until the completion of the 13th National Parliamentary Election. The central bank’s Banking Regulation and Policy Department announced that only essential and unavoidable trips will be permitted during this period. The measure aims to prevent administrative disruptions and maintain operational stability in the banking sector during the election season. The directive applies to managing directors, chief executive officers, and all other officers and staff. Bangladesh Bank invoked its authority under Section 45 of the Bank Company Act, 1991, to enforce the order, which takes immediate effect. The move is part of precautionary steps to ensure that the financial system remains fully functional and responsive amid the heightened administrative and political activities surrounding the upcoming national polls.
Bangladesh Bank bans foreign travel for bank officials until election to maintain sector stability
Bangladesh’s tannery industry faces severe uncertainty following the government’s decision to bring it under the Bangladesh Export Processing Zones Authority (BEPZA) and the continued failure to implement the revised minimum wage announced a year ago. At a press conference organized by the Tannery Workers Union in Dhaka, labor leaders expressed frustration over the delay, accusing factory owners of exploiting workers by labeling them as ‘temporary’ to deny fair pay. They warned of possible large-scale protests if the wage decision is not enforced soon. Speakers, including Labor Reform Commission Chairman Syed Sultan Uddin Ahmed, said the move to place the industry under BEPZA without consulting unions threatens workers’ rights and union freedom. They also criticized the growing trend of replacing skilled workers with contract laborers and the lack of legal compensation for those laid off. The leaders cautioned that prolonged instability could weaken trust between workers and owners and harm the national economy.
Bangladesh tannery workers decry wage delays and BEPZA control warning of unrest and economic fallout
Global crude oil prices have declined despite continued sanctions on Russia, as markets anticipate that global supply will surpass demand in 2026. On Tuesday, Brent crude dropped by 27 cents to $63.10 per barrel, while West Texas Intermediate (WTI) fell by 23 cents to $58.61. Analysts attribute the decline to forecasts from institutions like Deutsche Bank, which predict a surplus of at least two million barrels per day in 2026, with little chance of shortages in 2027. Meanwhile, Indian refiners such as Reliance have reduced imports of Russian oil due to new sanctions, prompting Russia to increase sales to China. However, optimism remains as expectations of a potential U.S. interest rate cut in December could stimulate economic activity and boost oil demand. The market currently faces a tug-of-war between fears of oversupply and hopes of renewed demand growth.
Global oil prices drop as markets expect supply surplus despite Russia sanctions and rate cut hopes
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