The Bangladesh Parliament has passed the Bangladesh Securities and Exchange Commission (Amendment) Act, aimed at enhancing oversight of the capital market, protecting investors’ interests, and promoting the development of the securities sector. The bill, recommended by a special committee, was approved on Thursday at 11:25 a.m.

Opposition leader Dr. Shafiqul Rahman had called for the bill’s postponement, but the motion was rejected through a voice vote. Alongside this, two additional amendment bills were passed to remove the age limit for appointments to top positions at the Bangladesh Securities and Exchange Commission (BSEC) and the Insurance Development and Regulatory Authority (IDRA).

The legislative changes are expected to provide greater flexibility in leadership appointments and reinforce regulatory capacity in Bangladesh’s financial and insurance markets.

The United States has claimed to have seized nearly $500 million worth of Iranian cryptocurrency assets, intensifying its economic pressure on Tehran. US Treasury Secretary Scott Besent told Fox News that about $350 million in crypto assets were recently seized, adding to a previously confiscated $100 million, bringing the total close to half a billion dollars. He added that bank accounts in several countries are also being frozen as part of the same effort.

Besent stated that former President Donald Trump had ordered the expansion of economic pressure on Iran in March of the previous year and recently renewed that directive. The US is now urging foreign governments and companies to reduce economic ties with Iran, warning of secondary sanctions on those purchasing Iranian oil. Besent said the ongoing financial campaign and naval blockade at Iranian ports could cause lasting damage to Iran’s economy.

Iran dismissed the move, saying it would only push global oil prices higher. Iranian Parliament Speaker Mohammad Bagher Ghalibaf mocked Besent’s comments on social media, calling them irrelevant.

The government of Bangladesh has approved five loan proposals totaling $1.9 billion from development partners, of which around $1.6 billion are classified as non-concessional loans with strict repayment terms. The approval came from the Standing Committee on Non-Concessional Loans at the Planning Ministry, chaired by Finance and Planning Minister Amir Khasru Mahmud Chowdhury. About $1.3 billion of the total will be used as budget support to address immediate fiscal pressures.

Under the approved package, Bangladesh will receive $450 million from the Asian Development Bank (ADB), $500 million from the Japan International Cooperation Agency (JICA), $250 million from the Asian Infrastructure Investment Bank (AIIB), and $100 million from the OPEC Fund for International Development. Officials said these loans carry higher interest rates, shorter grace periods, and tighter repayment schedules. In addition, ADB will provide another $300 million for the SASEC Dhaka–Sylhet Corridor Road Investment Project.

The committee also decided that non-concessional loans will be taken only when concessional financing is unavailable, and repayment capacity must be ensured. It set limits to keep annual repayment costs below 10% of export earnings or 15% of government revenue, and total non-concessional debt under 10% of GDP.

Biman Bangladesh Airlines is set to sign a landmark agreement with US aircraft manufacturer Boeing on Thursday evening to purchase 14 new-generation aircraft. The signing ceremony, scheduled for 7:30 p.m. at Hotel Intercontinental in Dhaka, marks the largest fleet expansion in the airline’s history. The deal includes eight Boeing 787-10 Dreamliners, two 787-9 Dreamliners, and four 737-8 Max jets, with an estimated total value of about Tk 37,000 crore. Biman’s Managing Director and CEO, Kaiser Sohel Ahmed, will sign on behalf of the airline, while a Boeing representative will sign for the company.

The initiative aims to modernize Biman’s fleet, increase long-haul capacity, and strengthen Bangladesh’s position as a regional aviation hub. The event will be attended by senior government officials, diplomats, and aviation industry leaders, including the US Ambassador Brent T. Christensen. Civil Aviation and Tourism Minister Afroza Khanom Rita will attend as chief guest.

The agreement comes as the third terminal of Hazrat Shahjalal International Airport nears completion, signaling a major step toward transforming Bangladesh into a regional aviation center. It also ends three years of competition between Boeing and European rival Airbus for Biman’s fleet expansion order.

The Hong Kong-flagged vessel 'Kwai Chi' has arrived in the waters of Chattogram Port carrying 26,500 tons of octane. The ship reached the outer anchorage late Wednesday night. Earlier, two other vessels—'MT Central Star' on April 8 with 26,000 tons and 'MT Navy Cielo' on April 17 with 27,000 tons of octane—had completed unloading and departed.

According to Chattogram Port Secretary Syed Refayet Hamim, a total of 14 fuel-carrying ships are currently within the port’s waters, five of which are loaded with diesel and octane. The unloading process is being coordinated with the Bangladesh Petroleum Corporation (BPC) on a priority basis. Port sources said that the Dolphin Jetty can accommodate three ships simultaneously for unloading, while larger vessels must offload through lightering at the outer anchorage.

However, rough sea conditions over the past few days have disrupted unloading operations at the outer anchorage, slowing down the process temporarily.

Bangladesh’s Minister of Commerce, Industry, and Textiles Khandaker Abdul Muktadir met with Danish Ambassador Christian Brix Møller on Thursday morning at the Secretariat in Dhaka. The meeting focused on enhancing bilateral trade, investment, and economic cooperation between Bangladesh and Denmark. The minister urged greater Danish investment, highlighting Bangladesh’s investor-friendly environment, skilled workforce, large market, and strategic location. He emphasized ongoing government efforts to improve infrastructure, logistics, and business facilitation to attract foreign investors.

Muktadir invited Danish investors to explore opportunities in renewable energy, infrastructure, and industrial sectors, expressing optimism for deeper future economic collaboration. Ambassador Møller congratulated Bangladesh’s new government and described the bilateral relationship as a successful transition from development cooperation to business partnership. He noted that Danish companies, including Marks-Bangladesh, are operating successfully and investing in renewable energy and other sectors. The ambassador reaffirmed Denmark’s support for Bangladesh’s economic and democratic reforms and expressed interest in expanding cooperation in the livestock sector and developing a dairy value chain.

Commerce Ministry Secretary (routine duty) Md. Abdur Rahim Khan also attended the meeting.

Finance Minister Amir Khosru Mahmud Chowdhury stated that there will be no irregularities or looting in the stock market under the BNP government. He also confirmed that political figures will not be appointed to financial institutions. The minister made these remarks on Thursday morning before the passage of the Securities and Exchange Commission (Amendment) Act in the National Parliament.

Addressing opposition concerns about the bill, the finance minister said that since a special committee had already examined the legislation, there was no need for further scrutiny. Following his statement, the Bangladesh Securities and Exchange Commission (Amendment) Act was passed in Parliament as recommended by the special committee.

The new law aims to strengthen oversight of Bangladesh’s capital market, protect investors’ interests, and promote the development of the securities market, according to the official proceedings described in the source.

Global oil prices surged as reports emerged that the United States is preparing to impose long-term sanctions on Iran. On Wednesday, Brent crude prices exceeded 122 dollars per barrel, marking the highest level since 2022. The price later stabilized around 120 dollars after a nearly 10 percent daily increase.

The rise followed stalled ceasefire talks between the United States and Iran and the effective closure of the strategic Strait of Hormuz. According to the Wall Street Journal, former US President Donald Trump has instructed preparations to extend existing blockades on Iranian ports to increase pressure on Tehran. In response, Iran stated it would continue to obstruct shipping through the Strait of Hormuz.

The Guardian reported that this is the first time since Russia’s 2022 invasion of Ukraine that Brent crude has crossed the 120-dollar mark, underscoring renewed geopolitical tensions affecting global energy markets.

International discussion has intensified over whether the United States’ ongoing economic and naval sanctions can effectively stop Iran’s oil exports. Iranian Parliament Speaker Mohammad Bagher Ghalibaf stated that despite the sanctions, no major damage has occurred to Iran’s oil fields and the country is prepared to withstand economic pressure for at least 30 more days. The US, however, maintains that its sanctions are working, arguing that if Iran cannot export oil, storage limits will eventually force production cuts.

Satellite data show that since the sanctions began on April 13, Iran’s oil storage has risen sharply. By April 20, storage tanks on Kharg Island—through which about 90 percent of Iran’s oil exports pass—were 74 percent full, with an additional three million barrels added, according to the Center on Global Energy Policy. Analysts note that oil companies typically avoid filling storage beyond 80 percent for safety reasons.

Experts suggest that while the sanctions are increasing pressure, they are unlikely to halt production immediately. Instead, Iran may face a gradual slowdown leading to a prolonged economic strain.

Sumi Khatun, the eldest daughter of a struggling family, began producing vermicompost fertilizer in Mymensingh during the COVID-19 pandemic after losing her low-paying NGO job. Guided by agricultural officer Alamgir Hossain, she started with only ten rings and three kilograms of earthworms, using vegetable waste and cow dung to create organic fertilizer. Despite initial setbacks and six months without sales, she persevered and produced 15 maunds of fertilizer, later gaining market access with help from the Upazila Agriculture Officer Shakura Nambir.

Over time, Sumi expanded her farm to twelve chambers and added a nutrition garden and pineapple plantation, cultivating fruits like papaya and malta alongside companion crops such as chili, mustard, and banana. She is also an active member of Transparency International Bangladesh’s YES group and local blood donation organizations. In 2025, she survived a severe road accident that claimed two fellow activists but continued her work after recovery.

Sumi received the Joyeeta Award in 2024 at both upazila and district levels for economic self-reliance and earned regional agricultural productivity awards in 2024 and 2025. She now studies for a master’s degree at Anand Mohan College and plans to expand production and create jobs for local youth.

The Organization of the Petroleum Exporting Countries (OPEC) is facing one of its biggest crises in 65 years, with officials holding an emergency meeting at its Vienna headquarters. The group is grappling with multiple challenges, including a global energy crisis and the United Arab Emirates’ announcement to leave the organization after years of membership, raising questions about OPEC’s future stability.

The main focus of Wednesday’s meeting was OPEC’s 61st annual report, which detailed global oil import, export, and reserve data. According to the report, global oil demand, reserves, and exports all increased in 2025 compared to 2024, with Asia, Latin America, and the Middle East receiving the largest shares of exports. However, the data reflects conditions before the UAE’s withdrawal decision, which is expected to significantly affect next year’s report.

OPEC officials declined to comment on the UAE’s move or the internal situation, further highlighting the uncertainty surrounding the organization’s cohesion and direction.

International oil prices rose sharply after the United States decided to extend sanctions on Iran’s ports, raising concerns about prolonged supply disruptions from the Middle East’s key energy-producing region. According to the Wall Street Journal, Brent crude prices climbed 3 percent on Wednesday, reaching their highest level in a month.

The report said President Donald Trump instructed his aides on Tuesday to prepare for extending the sanctions, aiming to maintain pressure on Iran’s economy and oil exports by keeping its ports closed to shipping. Despite a temporary ceasefire between Iran and the U.S.-Israel alliance, the conflict remains unresolved. Brent crude futures for June rose by $3.33, or 3 percent, to $114.59 per barrel, while July contracts increased 2.9 percent to $107.43. U.S. West Texas Intermediate futures for June climbed 3.6 percent to $103.48 per barrel, the highest since April 13.

Analysts noted that the Hormuz Strait blockade is the main driver of the price surge. Investors are also assessing the impact of the United Arab Emirates’ sudden exit from OPEC, though experts expect limited short-term effects.

The Bangladesh Financial Intelligence Unit (BFIU) has issued a new directive requiring all bank chairmen, managing directors, and directors to sign written pledges against corruption, bribery, money laundering, and fraud. The instruction, sent through an internal letter to banks, mandates that these signed declarations be displayed prominently in office spaces. The BFIU has also provided a fixed format for the pledge.

According to the directive, the move follows concerns over weak corporate governance, loan management, and risk control in recent years, with widespread loan frauds reported in the banking sector. The initiative aims to strengthen ethical standards, accountability, transparency, and anti–money laundering measures across financial institutions.

The BFIU further stated that the pledge and declaration will be required for every new or reappointed chairman, director, or managing director. Customers who face bribery, corruption, or harassment while seeking banking services will be able to report directly to the BFIU.

Bangladesh Bank has eased the conditions for appointing senior officials from one bank to another. According to a circular issued on Wednesday, bankers can now join higher positions in other banks without passing the Banking Professional Examination. Previously, passing this exam was mandatory for such appointments.

The central bank stated that a banker holding a senior officer rank with at least 15 years of experience can now be appointed to a higher position in another bank even without the exam qualification. The decision aims to enhance the development of skilled human resources in the banking sector.

Earlier, in January of the previous year, Bangladesh Bank had made passing the Banking Professional Examination a requirement for inter-bank senior-level appointments. The new relaxation marks a reversal of that policy to facilitate greater mobility and talent utilization within the sector.

Iran’s government has approved a new plan allowing citizens to purchase essential goods on credit, according to Iranian media reports published on April 29, 2026. Under the scheme, families receiving government assistance will be able to buy basic items from shops every two months on credit, with the government acting as a guarantor for repayment. The value of purchases cannot exceed the amount of assistance each family receives. Funding for the initiative will come from private companies.

The decision comes as prices of many goods in Iran have risen sharply in recent weeks. Tehran-based newspaper Donya-e-Eqtesad has presented three possible inflation scenarios for the current year. It reported that if Iran reaches an agreement with the United States, inflation could be contained at around 49 percent. If the current “no war, no peace” situation continues, inflation may rise to 67 percent. However, if conflict intensifies, the country could face hyperinflation, with rates potentially reaching 123 percent.

The plan aims to ease short-term financial pressure on low-income families while broader economic uncertainties persist.