The Sheikh Hasina Weavers Village project, launched on November 1, 2018, across 120 acres in Shibchar of Madaripur and Zajira of Shariatpur, has reportedly collapsed amid allegations of large-scale corruption and mismanagement. Construction, which included land acquisition, soil filling, and boundary wall development, has been halted for about one and a half years following a change in government. The site, once intended for weaving factories, housing, and training centers, now lies abandoned and partially occupied by watermelon cultivation.

Local residents said the project stopped after August 5, 2024, leaving the area deserted. Farmers who had given up their farmland for the project expressed frustration over the uncertainty of its future, though they acknowledged receiving compensation. The project is now being renamed Haji Shariatullah Weavers Village, according to local officials, but no new work has started yet.

Officials stated they are still gathering details about the project’s current status, while locals urged the government to resume construction to bring promised development and employment to the region.

Retired Commodore Jasim Uddin Bhuiyan has cautioned that leasing Chattogram Port to foreign operators such as Maersk Group, RSJGT, or DP World could endanger Bangladesh’s sovereignty. Writing in the newspaper ‘Amar Desh’ on January 3, 2026, he argued that strategic ports are not mere infrastructures but vital instruments of national power. Drawing parallels with Ukraine’s Sevastopol Port, he warned that foreign control through long-term leases can lead to economic and political dependency.

The article highlights that over 92 percent of Bangladesh’s trade passes through Chattogram Port, making it the country’s economic lifeline. Bhuiyan criticized the move toward foreign concession models, calling it a potential 30-year trap that could turn the port into a foreign-managed gateway. He proposed an alternative “operator model” combining local and global operators to maintain national control while improving efficiency.

He urged transparency in all port agreements, rejection of non-disclosure clauses, and cancellation of any deals that compromise revenue or authority. The piece concludes that sovereignty cannot be leased and warns policymakers to learn from global maritime history before finalizing such arrangements.

Consumers across Bangladesh are facing an acute shortage of liquefied petroleum gas (LPG) as prices have soared far above official rates. Cylinders that cost Tk 1,253 only days earlier were sold on Friday for Tk 1,800 to Tk 2,500, yet many areas still reported no availability. Retailers said dealers were not supplying gas, while several Dhaka neighborhoods also reported severe pipeline gas shortages. The Consumers Association of Bangladesh (CAB) accused the Bangladesh Energy Regulatory Commission (BERC) of failing to monitor the market, allowing manipulation to flourish.

CAB’s vice president said suppliers and retailers were exploiting the situation while the government focused on elections. The LPG Distributors Association blamed most companies for halting supply, leaving only a few active and charging extra. BERC has written to the LPG Operators of Bangladesh (LOAB) demanding enforcement of the fixed December price of Tk 1,253 per 12-kg cylinder. LOAB officials cited a 40% drop in December imports due to global shipping disruptions and higher costs.

BERC is expected to announce new LPG prices on January 4, after reviewing import cost data submitted by companies.

Bangladesh set a new record in 2025 by sending more than 750,000 workers to Saudi Arabia, the highest number ever deployed to a single country in one year, according to the Bureau of Manpower, Employment and Training (BMET). BMET Additional Director General Ashraf Hossain confirmed the figure, noting that over 1.1 million Bangladeshi workers went abroad in total during the year, with more than two-thirds choosing Saudi Arabia as their destination.

BMET data show a 16 percent increase in worker deployment to Saudi Arabia compared to 2024, when about 628,000 workers went there. Currently, around 3.5 million Bangladeshis live and work in Saudi Arabia, sending home over five billion dollars in remittances annually. Authorities said recent years have seen a focus on sending more skilled workers, strengthened by the launch of Saudi Arabia’s Skill Verification Program in Bangladesh in 2023.

A new employment agreement signed between Bangladesh and Saudi Arabia in October aims to enhance worker protection, wage systems, welfare, and healthcare. The deal is expected to create around 300,000 new job opportunities for Bangladeshi workers in 2026, particularly under Saudi Arabia’s Vision 2030 construction projects.

Bangladesh Bank has reported that the country's foreign currency reserves stand at 33.18 billion US dollars. The figure was released on Friday, February 2, based on the central bank’s latest data. The information provides an updated view of the nation’s reserve position at the beginning of 2026.

According to the International Monetary Fund’s Balance of Payments and International Investment Position Manual (BPM6) standard, Bangladesh’s reserves currently amount to 28.51 billion US dollars. The difference between the two figures reflects the variation in calculation methods used by the central bank and the IMF.

The report highlights the ongoing monitoring of Bangladesh’s reserve levels by both domestic and international institutions, underscoring the importance of transparency in financial reporting.

The National Board of Revenue (NBR) has issued the Shipping Agent Licensing Regulations 2025, introducing several procedural relaxations. According to a notification released on December 30 and announced on Friday, applicants will no longer need prior approval from the NBR to determine the number of shipping agent licenses per customs station. This change is expected to allow licensing authorities to issue licenses more quickly.

Under the new regulations, applicants are no longer required to take written or oral examinations conducted by the Customs, Excise and VAT Training Academy. Licenses will now be granted within a maximum of 30 working days upon proper submission of required documents. Previously, licenses were valid only for the specific customs station that issued them.

The updated rules now allow license holders to operate their shipping agent businesses at any seaport or river port across Bangladesh, expanding operational flexibility and simplifying the licensing process nationwide.

Biman Bangladesh Airlines has received official approval to operate direct flights between Dhaka and Karachi, marking the resumption of air connectivity between Bangladesh and Pakistan. According to Geo News, the authorization will remain valid until March 30, 2026, and may be reviewed later. The Civil Aviation Authority (CAA) of Pakistan stated that Biman must strictly follow the approved route and provide detailed flight information to Karachi airport authorities before departure, ensuring operational coordination and safety compliance.

The decision comes amid increasingly close relations between Pakistan and Bangladesh, which have paved the way for restoring direct air services. Currently, travelers between the two countries transit through Dubai or Doha. Bangladesh’s High Commissioner to Pakistan, Iqbal Hossain Khan, earlier confirmed that Biman is preparing to operate three weekly flights to Karachi.

Flights are expected to begin by the end of January, potentially strengthening bilateral connectivity and facilitating easier travel between the two nations.

The Pay Commission has indicated that it aims to submit its final recommendations for the ninth pay scale to the government by mid-January 2026. According to commission sources, a tentative obligation exists to complete the submission within that period, though the exact date will be confirmed after the next full commission meeting. The report could be submitted earlier if all preparations are completed on time.

Discussions within the commission remain ongoing regarding the number of salary grades and the minimum and maximum pay levels. Members are divided on whether to retain the existing 20-grade structure or reduce it to 16 or 14 grades to address pay disparities. At least two more full meetings are expected before a consensus is reached and the final report is prepared.

The commission is currently analyzing hundreds of proposals and opinions received from various organizations and departments. Officials said that the drafting process is underway, but additional time is needed to ensure the recommendations are realistic and sustainable.

On the first day of the new year, customers of five long-troubled Islamic banks in Bangladesh began withdrawing money following their merger into the newly established Sammilit Islami Bank. Under the Bangladesh Bank’s resolution scheme, withdrawals of up to two lakh taka from current and savings accounts were allowed starting Thursday. Branches reported smooth transactions without major crowds as customers accessed their funds after a prolonged suspension.

The merged institutions—Social Islami Bank, First Security Islami Bank, Union Bank, Global Islami Bank, and EXIM Bank—have transferred their assets, liabilities, and staff to Sammilit Islami Bank, headquartered at Sena Kalyan Bhaban in Dhaka’s Motijheel. The central bank’s scheme set the new bank’s authorized capital at Tk 40,000 crore and paid-up capital at Tk 35,000 crore, with the government contributing Tk 20,000 crore as Class A shares.

Depositors can withdraw up to Tk 2 lakh at once, and for larger deposits, Tk 1 lakh every three months for up to two years. Fixed depositors outside financial institutions may also access investment or loan facilities up to 20 percent of their balances.

Bangladesh’s postal department-backed digital financial service provider Nagad recorded transactions worth approximately Tk 3.8 trillion in the recently concluded year, marking a 15 percent increase from the previous year’s Tk 3.3 trillion. The company disclosed the figures in a press release issued on Thursday, noting that December alone saw transactions totaling Tk 355.3 billion, the highest monthly volume to date.

According to Nagad’s administrator Md. Motasim Billah, the company consistently strives to offer value to its customers through various campaigns throughout the year, alongside maintaining the lowest cash-out charges in the market. The record transaction volume was primarily driven by cash-in, cash-out, money transfer, bill payments, mobile recharges, and remittance services.

The company’s continued growth underscores the expanding adoption of digital financial services in Bangladesh, with Nagad maintaining a strong position in the competitive mobile financial services sector.

The Bangladesh Energy Regulatory Commission (BERC) will announce new prices for liquefied petroleum gas (LPG) and autogas this Sunday. The announcement, scheduled for 3 p.m., will be based on the Saudi Aramco-declared Saudi CP for January 2026, according to a BERC notice issued on Thursday.

The last price adjustment took place on December 2, when the price of a 12-kilogram LPG cylinder was raised by 38 taka to 1,253 taka. The upcoming announcement will determine the consumer-level prices for private LPG distributors in line with international price movements.

The BERC’s monthly price adjustment reflects global market trends and aims to maintain consistency between domestic and international LPG pricing structures.

Bangladesh received a record remittance inflow of approximately 33 billion US dollars in 2025, according to data released by Bangladesh Bank on Thursday. The total marks a 23.34 percent increase compared to 2024, when expatriate income stood at 26.60 billion dollars. In December 2025 alone, remittances reached 3.22 billion dollars, the second-highest monthly figure in the country’s history, following the record 3.29 billion dollars in March of the same year.

The report attributes the surge mainly to a decline in money laundering, prompting more expatriates to send their earnings through formal banking channels. December’s remittance growth was 22.30 percent higher than the same month in 2024, when inflows totaled 2.63 billion dollars.

The record inflow underscores the growing reliance on remittances as a key source of foreign currency for Bangladesh, reflecting improved compliance and confidence in official transfer systems.

The Government of Bangladesh has approved a plan to purchase 14 aircraft from U.S. manufacturer Boeing. The decision was endorsed in a Biman Bangladesh Airlines board meeting held on Tuesday, where members agreed in principle to proceed with formal negotiations on pricing and terms. Boeing’s proposal, submitted on November 24, 2025, and revised on December 20, 2025, includes two Boeing 787-9s, eight 787-10s, and four 737-8s. Biman’s managing director and CEO Md. Shafiqul Rahman confirmed in a letter to Boeing’s vice president that the approval marks only the start of formal discussions and does not yet create any financial or legal obligations.

The move aligns with Bangladesh’s broader strategy to strengthen trade and economic ties with the United States. Officials view the purchase as a step toward reducing the bilateral trade deficit and improving understanding on export tariff issues. A committee will now be formed to negotiate pricing and related matters with Boeing.

According to officials, if implemented, the fleet expansion could enhance Biman’s international competitiveness and bring positive changes to the country’s aviation sector.

The Bangladesh Jewellers Association (BAJUS) has announced a reduction in gold prices following record highs in the domestic market. In a notice issued on Thursday night, January 1, 2026, the association said the price of 22-carat gold has been lowered by Tk 1,458 per bhori, setting the new rate at Tk 222,724 per bhori. The revised price will take effect from Friday, January 2.

According to the BAJUS statement, the adjustment was made due to a decline in the price of pure or 'tejaabi' gold in the local market. The association said the new rate reflects the overall market situation. This marks the third consecutive reduction in gold prices after a period of record highs in Bangladesh.

The latest price adjustment indicates a continued correction in the gold market, aligning domestic rates with recent changes in the underlying value of pure gold.

The government of Bangladesh has reduced the prices of all types of fuel by Tk 2 per liter. The Ministry of Power, Energy and Mineral Resources announced the decision in a press release issued on Wednesday, December 31. The new prices will take effect from Thursday, January 1. According to the announcement, the retail price of diesel has been reduced from Tk 104 to Tk 102 per liter, octane from Tk 124 to Tk 122, petrol from Tk 120 to Tk 118, and kerosene from Tk 116 to Tk 114.

The ministry stated that fuel prices are adjusted monthly through an automated system to align with fluctuations in global oil markets. The revised pricing formula aims to ensure the supply of fuel at comparatively affordable rates for consumers in January.

The adjustment reflects the government’s ongoing policy of synchronizing domestic fuel prices with international market trends, maintaining stability in the energy sector and consumer costs.