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Bangladesh’s Commerce Adviser Sheikh Bashir Uddin announced that the Trading Corporation of Bangladesh (TCB) has saved nearly Tk 1,000 crore in the current fiscal year due to improved transparency and accountability. Speaking at the inauguration of TCB’s Ramadan truck sale program in Dhaka on Tuesday, he said that if this trend continues, the government may no longer need to provide subsidies to TCB within the next four to five years. He also mentioned plans to add essential items such as soap and tea to TCB’s product list to further benefit consumers.
The Ramadan truck sale program will run from February 17 to March 12, excluding Fridays and holidays, offering affordable goods to low-income citizens. Each truck will serve about 400 people daily, reaching around 3.5 million beneficiaries nationwide with 23,000 tons of products. Items include edible oil, sugar, lentils, chickpeas, and dates at prices below market rates. The program will operate 450 mobile trucks across the country, with separate provisions for family cardholders.
If the savings trend continues, TCB’s operations could become self-sustaining, reducing the government’s fiscal burden in the coming years.
TCB saves Tk 1,000 crore; subsidies may end within five years
Female tea workers in Sylhet continue to face deprivation and hardship despite their crucial role in Bangladesh’s tea industry. According to a report from Nabiganj, these women work long hours plucking tea leaves but earn only Tk 75 a day, far below their demand for Tk 250–300. Many live in poverty, lacking access to education, healthcare, housing, clean water, and sanitation. Their daily meals are meager, and they often struggle to feed their families.
The report highlights that tea workers’ wages have increased only marginally over the years—from Tk 32 in 2007 to Tk 75 at present. Elderly workers receive limited annual food aid worth Tk 5,000 from the Ministry of Social Welfare, achieved after repeated protests. Workers like Onika Rani, who has labored in the Bhaban Tea Garden since age 15, describe severe financial strain and limited educational opportunities for their children.
Bhaban Tea Garden manager Binoy Chandra Barma acknowledged the lack of schools, hospitals, and safe water but said the authorities plan to build such facilities. Despite these assurances, the workers’ living conditions remain dire.
Sylhet’s female tea workers still struggle for fair pay and basic rights despite years of labor
Bangladesh’s financial sector is showing signs of recovery from a prolonged crisis as the Bangladesh Nationalist Party (BNP) forms a new government after winning two-thirds of parliamentary seats. The interim administration led by Dr. Muhammad Yunus, which took charge in August 2024, is credited with restoring stability through reforms that curbed irregularities, corruption, and capital flight. Economists note that the sector’s stabilization, rather than investment growth, was the interim government’s key achievement.
According to data cited in the report, foreign exchange reserves rose from 20 billion to over 34 billion US dollars, while inflation fell from 11.6% to 8.58%. The banking sector saw consolidation, including the merger of five weak Shariah-based banks into a new entity, and stricter loan recovery measures improved transparency. The trade balance turned from a 6.6 billion dollar deficit to a 3.29 billion dollar surplus, supported by higher remittances and export growth.
Experts warn that the incoming BNP government faces challenges including weak revenue collection, rising domestic and foreign debt, and the upcoming graduation from LDC status, which may test the sustainability of recent economic stabilization.
Bangladesh’s financial sector stabilizes as BNP prepares to take office
Agriculture and Home Adviser Lieutenant General (Retd.) Md. Jahangir Alam Chowdhury stated that Bangladesh’s agriculture sector is now in a stable condition due to the combined efforts of all stakeholders. He made the remarks on Monday at a farewell reception organized by departments and agencies under the Ministry of Agriculture at the Bangladesh Agricultural Research Council auditorium in Dhaka.
The adviser highlighted that during his one and a half years in charge of the ministry, several initiatives were taken to ensure food security and make the sector sustainable and farmer-friendly. He said the fertilizer crisis had been resolved, flood damages in several regions were managed, and the sector was now performing better than before. Fertilizer stocks were at a strong level, and agricultural product prices remained within a tolerable range.
In his farewell speech, he urged proper distribution of agricultural incentives, careful selection of beneficiaries, and strict monitoring of fertilizer sales at government-fixed prices. He also thanked all officials and agencies under the ministry for their cooperation.
Bangladesh adviser credits joint efforts for improved stability in agriculture sector
The government of Bangladesh has reduced the value-added tax (VAT) on liquefied petroleum gas (LPG), according to a statement issued on February 16. National Board of Revenue (NBR) public relations officer Md. Al Amin Sheikh confirmed that the decision was made to keep LPG prices stable and affordable for both industrial and household users. Previously, LPG was subject to a 7.5 percent VAT at the local production and trading stages and a 2 percent advance tax at import.
Following recommendations from the Ministry of Energy and Mineral Resources and a request from the LPG Operators Association of Bangladesh, the government issued two separate notifications withdrawing the 7.5 percent VAT on local production and trading and the 2 percent advance tax on imports. Instead, a 7.5 percent VAT will now apply only at the import stage until June 30.
According to the NBR, this adjustment will remove VAT from the value added during local production and sales, reducing the overall tax burden on consumers by approximately 20 percent compared to previous levels.
Bangladesh reduces VAT on LPG imports to cut consumer tax burden by about 20 percent
The Chief Adviser of Bangladesh’s interim government announced on February 16 that the administration has worked with the United States, China, and Japan to strengthen the country’s economy, employment, industrialization, and international diplomatic position. In a televised address at 9:15 p.m., he said a new bilateral trade and tariff agreement with the United States has been completed, reducing reciprocal tariffs from 37% to 19%. The agreement is described as a strategic foundation for long-term economic and diplomatic growth.
He added that cooperation with Japan will enable Bangladesh to gradually enter sectors such as automobile parts, electronics, railway equipment, green technology, and high-value industrial products. This partnership is expected to reduce risks and attract investment from industrialized nations seeking duty-free export benefits to Japan.
The Chief Adviser also stated that development cooperation with China has deepened, highlighting progress on the Teesta River management and resettlement project and an agreement to build a 1,000-bed international-standard hospital in Nilphamari. He emphasized that education, training, and integrity are essential to transforming Bangladesh into a skill- and technology-based economy.
Bangladesh interim government deepens US, China and Japan ties for economic and diplomatic growth
India has come under criticism for a new trade deal with the United States, announced this month, aimed at addressing the impact of President Donald Trump’s tariff policies. Critics have described the deal as a ‘surrender’ to Washington. The agreement has sparked concern among India’s influential farmer groups, who fear that cheaper US imports could harm domestic producers. Over 700 million Indians are engaged in agriculture. The full details of the deal have not been released, though a joint statement and a White House fact sheet were published. New Delhi said an interim agreement could be finalized by the end of March.
A key controversy surrounds India’s expressed ‘intention’ to buy US goods worth 500 billion dollars over five years, compared to 45 billion dollars in imports last fiscal year. Analysts have called the target unrealistic, noting that even large aircraft purchases would fall short. Another disputed issue is Washington’s claim that India agreed to stop buying Russian oil, after which the US lifted a 25 percent tariff. However, India has neither confirmed nor denied such a commitment.
Analysts say the deal remains fragile and politically contentious, with uncertainty over its durability and implications for India’s growth outlook.
India criticized for new US trade deal amid tariff and oil import disputes
The Real Estate and Housing Association of Bangladesh (REHAB) has extended congratulations to all newly elected members of the 13th National Parliament. The message was conveyed during a board meeting held on Monday at a hotel in Dhaka, where the association also congratulated ten members from the housing sector who were elected as MPs. REHAB described their election as a significant milestone for the industry.
During the meeting, the board noted that increased representation of the housing sector in Parliament could help address long-standing policy challenges, including tax reforms, urban planning, Detailed Area Plan (DAP) implementation, utility connections, and approval complexities. REHAB President Md. Wahiduzzaman said the election of ten members from the association marks both personal success and a strong foundation for the national housing industry, which contributes notably to employment, construction growth, and revenue.
The president also congratulated the incoming government expected to form in two days, as well as the opposition. The meeting concluded with wishes for the MPs’ good health and effective roles in national development.
REHAB hails new MPs, sees stronger housing sector voice in 13th Parliament
The Taliban government has introduced sweeping reforms in Afghanistan’s pharmaceutical market to improve drug quality and boost domestic production. The move follows a November announcement to end long-standing dependence on medicine imports from Pakistan after deadly border clashes. Importers were given three months to find alternative legal sources, but traders report major challenges in ending old contracts and completing customs procedures.
Pharmacists in Kabul say prices of several medicines have risen while some drugs are unavailable, causing hardship for patients. Transport costs have surged by up to 30 percent as imports shift to routes through Iran and other countries. The Health Ministry cites counterfeit Pakistani medicines as a key reason for the reform and says new supply links are being built with Iran, India, Bangladesh, Uzbekistan, Turkey, China, and Belarus. Local firms now produce about 600 types of medicines, including antibiotics.
Experts caution that Afghanistan remains dependent on imported raw materials and faces high energy costs and limited infrastructure, making full self-sufficiency unrealistic in the short term. Doctors warn that the transition is complicating treatment and delaying patient care.
Afghanistan’s Taliban reforms drug market, ending Pakistan reliance and causing supply disruptions
The first meeting of the committee formed to implement Bangladesh’s proposed ninth national pay scale has been held, according to interim government press secretary Shafiqul Alam. The meeting, held on Sunday, discussed the implementation process of the new pay structure. The committee, headed by the then cabinet secretary, includes senior secretaries from key ministries such as public administration, defense, finance, education, health, and law, along with the comptroller general of accounts. It will review salary-related recommendations from the National Pay Commission 2025, Judicial Service Pay Commission 2025, and Armed Forces Pay Committee 2025 before submitting its report to the government.
The interim government had formed the ninth National Pay Commission on July 27 of the previous year, led by former finance secretary Zakir Ahmed Khan. The commission submitted its report to Chief Adviser Dr. Muhammad Yunus on January 21, proposing to raise the minimum salary from Tk 8,250 to Tk 20,000 and the maximum from Tk 78,000 to Tk 160,000, reducing the pay ratio from 1:9.4 to 1:8. The proposal also includes health insurance, pension reform, and restructuring of the government employees’ welfare board.
Government employees have begun organizing to press for the implementation of the new pay scale and plan to meet the incoming head of government to present their demands.
Bangladesh committee holds first meeting on implementing proposed ninth national pay scale
The Trading Corporation of Bangladesh (TCB) will start selling essential commodities from open trucks across the country on Tuesday, ahead of the holy month of Ramadan. The initiative will offer five key products—edible oil, sugar, chickpeas, lentils, and dates—at prices lower than the market rate. Sales will also continue through the family card distribution system. According to TCB, all preparations have been completed, and designated dealers have been instructed to deposit funds before collecting goods.
The TCB spokesperson, Shahadat Hossain, said the truck-based sales aim to help stabilize the market during Ramadan. Around 400 trucks will operate nationwide, each serving about 400 consumers. The sales will take place every day except Friday in all districts, city corporations, and divisional cities. Regular items will be available along with chickpeas and dates to meet seasonal demand.
The program is expected to support consumers by ensuring access to essential goods at affordable prices during the high-demand Ramadan period.
TCB launches nationwide truck sales Tuesday offering five Ramadan essentials at lower prices
Bangladesh Bank has issued a new directive warning against the use of sample notes or paper resembling real currency in social media and marketing campaigns. The central bank’s Department of Communications and Publications announced on Sunday that such activities are legally punishable and increase the risk of counterfeit currency circulation. The notice highlighted that videos and images on platforms like Facebook, Instagram, and YouTube have shown marketing content using large-sized sample notes similar to genuine ones.
The bank stated that producing, using, or distributing paper resembling legal tender is a criminal offense under Section 489(E) of the Penal Code, 1860. It also warned that spreading false or misleading information through digital media could be punishable under Section 25 of the Cyber Security Act, 2023. The directive urged the public to remain cautious, avoid unauthorized promotional activities, and verify the authenticity of banknotes.
Bangladesh Bank advised citizens to learn about the security features of real notes and ensure safe transactions by visiting its official website for detailed information on currency identification.
Bangladesh Bank warns against fake note-like materials in social media and marketing
The Dhaka Stock Exchange (DSE) has announced revised trading hours for the holy month of Ramadan. According to a press release issued on Monday, trading will begin at 10:00 a.m. and continue until 1:40 p.m., followed by a post-closing session from 1:40 p.m. to 1:50 p.m. The DSE also stated that its official office operations will run from 9:00 a.m. to 3:30 p.m. during this period.
The exchange has requested investors, brokerage houses, and all related stakeholders to follow the new schedule throughout Ramadan. The adjustment aims to accommodate the special circumstances of the month while ensuring smooth market operations.
The announcement reflects the DSE’s periodic practice of modifying trading hours during Ramadan to align with the working patterns and needs of market participants.
DSE revises trading and office hours for Ramadan
Urea production at the Jamuna Fertilizer Factory in Jamalpur was halted on Sunday morning after gas pressure fell below the required level. Factory officials said the pressure dropped to 8.2 kilograms around 9:30 a.m., making it impossible to continue normal operations. The factory’s General Manager (Operations), Md. Fazlul Haque, explained that at least 10 kilograms of gas pressure is needed to maintain regular production, and the drop forced a suspension for safety and technical reasons. Production will resume once gas pressure returns to normal.
The Deputy General Manager (Administration) confirmed the temporary shutdown, citing inadequate gas supply pressure. Factory sources emphasized that recurring disruptions caused by low gas pressure could affect fertilizer supply and the agricultural season. They urged swift and effective measures to stabilize gas supply to prevent further interruptions.
Officials indicated that production could restart at any time once gas pressure stabilizes, but no specific timeline was provided for resumption.
Gas pressure drop halts urea production at Jamuna Fertilizer Factory in Jamalpur
Kuakata sea beach in Patuakhali has become nearly deserted during this year’s Valentine’s Day, a time when it usually draws large crowds of tourists. Business owners and local guides report that the ongoing 13th parliamentary election and the approaching Ramadan have sharply reduced tourist arrivals over the past two weeks, raising fears of a collapse in the local tourism economy.
Hotel operators, tour guides, and shop owners describe severe financial losses as hotels remain empty and beachside shops see no customers. Mamun Khan, director of Hotel Sea Crown, said they had prepared for the Valentine’s season but faced major losses due to the lack of visitors. The Kuakata Tour Guide Association reported that 70 trained guides are currently without work, while the Tour Operators Association warned of significant revenue losses for both businesses and the government.
Tourist Police officials said patrols continue across all major beach areas to ensure visitor safety. Many local entrepreneurs believe the situation may not improve before the upcoming Eid, deepening concerns over the region’s tourism-dependent economy.
Kuakata tourism stalls amid election and Ramadan, raising fears of economic collapse
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