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In Naldanga upazila of Natore, Bangladesh, farmers have begun planting onion and garlic with renewed optimism for the winter season. Favorable weather and last year’s good prices have encouraged many to expand cultivation, with local agricultural officials setting ambitious acreage targets and promoting improved seed varieties.
However, this optimism is clouded by an acute fertilizer shortage. Farmers allege that local dealers are distributing fertilizer selectively, forcing many to buy at inflated retail prices—up to Tk 1,000 higher per sack and often underweight. Small and medium farmers say these irregularities are undermining their ability to cultivate properly. Agricultural officers acknowledge the problem and stress the need for transparent distribution and stronger monitoring.
If the shortage persists, farmers fear reduced yields could disrupt future market supply, potentially driving up prices. They are urging the administration to ensure fair fertilizer access and curb dealer malpractice before the planting season’s critical window closes.
Fertilizer shortage in Natore’s Naldanga threatens onion and garlic cultivation despite farmers’ optimism
National Tubes Limited (NTL), Bangladesh’s only manufacturer of MS and GI pipes licensed by the American Petroleum Institute (API), held its 45th Annual General Meeting (AGM) on Sunday at its Tongi, Gazipur factory premises. The meeting was chaired by Md. Anwarul Alam, Additional Secretary and Chairman of Bangladesh Steel and Engineering Corporation (BSEC) and NTL’s Board of Directors.
The event was attended by board members including A.K.M. Mizanur Rahman, Director (Finance) of Petrobangla; Nurunnahar, Deputy Secretary of the Ministry of Industries; Dr. Ridwanul Haque, Professor at IBA, University of Dhaka; Company Secretary Mohammad Abu Sayeem; and Managing Director Engineer Nirupam Singh. Shareholders, BSEC officials, and employees from all levels of the company were also present.
The AGM highlighted NTL’s continued role in Bangladesh’s industrial sector and its strategic importance as the country’s sole API-certified pipe producer. Stakeholders discussed operational performance, future growth opportunities, and the company’s contribution to national infrastructure development.
National Tubes Limited holds 45th AGM at Tongi factory with top officials and shareholders
The Bangladesh Rural Electrification Board (Palli Bidyut Samiti) has announced its 2025 recruitment circulars, published on December 2 and 18, 2025. The authority plans to hire a total of six individuals across four job categories, offering permanent government positions for both male and female candidates. Applications can be submitted directly, by post, or online until December 22, 2025, and January 8, 2026, depending on the specific circular.
According to the announcement, educational qualifications range from completion of grade eight to a bachelor’s degree, depending on the position. While some posts require prior experience, others are open to fresh candidates. Salaries range from BDT 16,600 to BDT 46,240, with experienced positions offering higher pay. Applicants must be between 18 and 30 years old, with a two-year age relaxation for quota candidates.
The recruitment reflects ongoing efforts to expand employment opportunities in Bangladesh’s rural energy sector, which continues to play a crucial role in national electrification and rural development.
Palli Bidyut opens 2025 recruitment with posts for both new and experienced applicants
After nearly ten months of restrictions, the Bangladeshi government has reopened Saint Martin Island for overnight stays this December, reigniting tourist interest. However, travelers report steep increases in travel expenses and logistical difficulties, particularly due to limited ship tickets and the lengthy six-hour journey from Cox’s Bazar. The minimum round-trip fare has risen to about BDT 3,500 per person—more than triple previous rates from Teknaf.
On-site observations reveal severe disorganization at the island’s jetty, where ongoing repair work leaves passengers without proper waiting areas and exposed to safety risks. Delays in ship schedules and narrow, unsafe access routes have heightened concerns among visitors, especially families and elderly travelers. Local business owners argue that environmental restrictions have hurt livelihoods, urging authorities to curb pollution instead of tourism.
Officials claim that safety and coordination measures are being strengthened and that infrastructure repairs will be completed soon. Yet, without improved transport efficiency and management, the island’s renewed tourism momentum may falter amid growing visitor frustration.
Tourists report higher costs and safety issues as Saint Martin Island reopens after long closure
Elon Musk’s net worth has surged to a record $749 billion, making him the first individual in history to surpass the $700 billion mark, according to Forbes’ Billionaire Index. The sharp increase followed a Delaware Supreme Court ruling that reinstated Musk’s previously annulled stock-based compensation package at Tesla, valued at $139 billion. The 2018 pay plan, once deemed excessive by a lower court, was restored after the Supreme Court found the earlier decision unjust.
The ruling comes as Tesla’s shareholders recently approved a separate trillion-dollar compensation plan for Musk, the largest in corporate history. Investors have expressed confidence in Musk’s vision to transform Tesla from an electric vehicle manufacturer into a leader in artificial intelligence and robotics. Reports suggesting that SpaceX may soon go public also contributed to the rapid rise in Musk’s wealth.
Musk’s fortune now exceeds that of Google co-founder Larry Page by roughly $500 billion, underscoring his dominance in both the technology and space industries.
Elon Musk’s wealth hits $749B after court reinstates Tesla pay deal
Bangladesh Bank’s latest report shows a steep decline in consumer loans during the July–September 2025 quarter, with total outstanding loans falling by over Tk 22,000 crore compared to the previous quarter. At the end of September, consumer loans stood at Tk 1,50,340 crore, representing 8.63% of total bank credit, down from Tk 1,72,621 crore or 9.95% in June. This marks a sharp reversal from the April–June quarter, when consumer lending had increased by nearly Tk 25,000 crore.
Economists and banking officials attribute the contraction to persistently high inflation, rising borrowing costs, and continued economic uncertainty following political transitions. Interest rates on personal loans now range between 11% and 14%, while credit card rates have reached up to 25%. The largest declines were seen in loans for electronics, vehicles, and housing.
Analysts warn that reduced consumer borrowing could further dampen domestic demand, slowing retail and service sectors. The central bank is expected to monitor credit trends closely as inflationary pressures and liquidity constraints continue to challenge household spending.
Bangladesh consumer loans fall by Tk 22,000 crore amid inflation and high interest rates
Bangladesh’s export earnings have slowed in the 2025–26 fiscal year, driven largely by a downturn in the ready-made garment (RMG) sector, which accounts for nearly half of total exports. According to the Export Promotion Bureau, exports to the European Union fell by 1.03% year-on-year between July and November, totaling $7.83 billion. While shipments to Spain, Poland, and the Netherlands rose slightly, exports to Germany, France, Denmark, and Italy declined, reflecting reduced consumer demand and intensifying competition.
Industry leaders attribute the slump to global inflation, higher living costs in Europe, and aggressive pricing by China and India. Domestically, rising gas prices—up nearly 150% since 2023—and higher lending rates have strained production. Exporters also cite reduced cash incentives, now at 2% from 5%, and weak marketing strategies as key challenges. The Exporters Association of Bangladesh warns that without policy support and energy cost relief, more factories may close, deepening the sector’s crisis.
The RMG industry, employing millions, faces mounting pressure to diversify products and markets. Analysts expect export recovery to hinge on energy stability, financial reforms, and renewed trade competitiveness in 2026.
Bangladesh’s garment exports to the EU fall as costs rise and competition intensifies
A livestock quarantine station built at Bilonia land port in Feni’s Parshuram upazila has remained unused since its completion nearly a decade ago. The facility, constructed in 2016 under the Department of Livestock Services’ disease prevention project, was intended to inspect imported animals and animal products before entry into Bangladesh. Despite an investment of several crore taka and installation of 51 laboratory instruments, the station has never been operational.
Local traders and officials report that the station’s inactivity has led to the decay of expensive equipment, with only a single outsourced guard maintaining the premises. The Bilonia land port, opened in 2009 to facilitate trade with India, has seen minimal import activity, undermining the station’s purpose. Officials note that activating the facility could help regulate livestock imports, curb smuggling, and increase government revenue.
Experts warn that prolonged neglect of such infrastructure not only wastes public funds but also weakens border biosecurity. The Livestock Department has indicated that operationalization depends on renewed diplomatic and trade engagement with India.
Bilonia livestock quarantine station idle for a decade, costly equipment deteriorating in Feni
Bangladesh’s government employees have postponed their previously planned protest program demanding implementation of the ninth pay scale. The decision was announced at a press conference held at the National Press Club under the banner of the Bangladesh Government Employees Demand Fulfillment Unity Council. The postponement was made to honor the late Shahid Sharif Osman Hadi, spokesperson of the Inquilab Mancha, and in consideration of the current national situation.
Union leaders reiterated their seven-point demand, urging the government to publish a gazette with recommendations for a discrimination-free ninth pay scale by December 31. They warned that if no visible progress is made by January 1, they would launch tougher programs. The leaders also paid tribute to Hadi, recalling his lifelong activism against inequality and pledging to continue his struggle for fair treatment of government employees.
The next announcement on December 26 is expected to outline the future course of action, potentially shaping the trajectory of public sector wage reform in Bangladesh.
Bangladesh government employees delay pay-scale protest, new program expected December 26
After more than a decade of waiting, the Sonalia-Kortia railway station in Tangail has officially opened to the public. The inauguration took place on Saturday morning when Bangladesh Railway Director General Afzal Hossain cut the ribbon and waved the green flag to mark the first train’s departure. Senior railway officials, local leaders, and hundreds of residents attended the ceremony, celebrating the long-anticipated launch.
The station, located in Sonalia village of Basail upazila near the border of Tangail Sadar’s Kortia area, was constructed around 2010 but remained unused due to naming complications and administrative delays. Locals expressed relief, noting that the unused facility had been wasting government resources. They expect the new station to benefit several hundred thousand residents across three upazilas. Officials confirmed that initially one train will operate, with plans to include the Sirajganj Express and a new Tangail commuter service in the future.
The reopening is expected to boost local trade and connectivity in the Kortia commercial zone, while residents have also called for improvements to surrounding roads and transport infrastructure.
Sonalia-Kortia railway station in Tangail opens after years of delay, boosting local connectivity
National Life Insurance Company Limited has been awarded the Gold Medal in the Life Insurance category at the 15th ICMA Bangladesh Best Corporate Award 2024. The award ceremony took place on December 17 at the Bangladesh-China Friendship Conference Center, where Commerce Adviser Sheikh Bashir Uddin presented the honor to CEO Md. Kazim Uddin and CFO Probir Chandra Das FCA.
The Institute of Cost and Management Accountants of Bangladesh (ICMAB) recognized National Life for its excellence in corporate governance, transparency, and contribution to the national economy. Senior officials including NBR Chairman Md. Abdur Rahman Khan, Commerce Secretary Mahbubur Rahman, and Financial Reporting Council Chairman Dr. Md. Sajjad Hossain Bhuiyan attended the event.
This marks the fourth consecutive year that National Life Insurance has received the prestigious Gold Award, reinforcing its leadership in Bangladesh’s life insurance sector and its commitment to ethical business practices and financial reporting standards.
National Life Insurance wins ICMA Bangladesh Gold Award for fourth consecutive year
Bangladesh’s Adviser on Shipping and Labour, Brigadier General (Retd.) Dr. M Sakhawat Hossain, inaugurated a new launch terminal at Dhalchar (Ananda Bazar) in Charfashion upazila of Bhola district. The terminal, established by the Bangladesh Inland Water Transport Authority (BIWTA), aims to provide safe and regular river transport to one of the country’s most remote island regions near the Meghna River estuary and the Bay of Bengal.
For decades, residents of Dhalchar faced severe travel hardships due to unsafe and irregular boat services, especially during adverse weather and tidal conditions. Speaking at the inauguration, Dr. Hossain said the new facility would ease access to healthcare, education, and administrative services while boosting local economic activity. BIWTA Chairman Rear Admiral Arif Ahmed Mostafa and local officials attended the event.
The government has prioritized developing water transport infrastructure to integrate marginal and isolated island communities into the national development framework. Officials said the project reflects a broader goal of ensuring equitable growth across Bangladesh’s riverine regions.
New BIWTA launch terminal opens in remote Dhalchar to boost transport and local livelihoods
European Union leaders have agreed to provide Ukraine with an interest-free loan worth $105 billion over the next two years. The decision, announced by European Council President António Costa, aims to support Ukraine’s defense and budget needs without relying on frozen Russian assets. The financing will instead be raised from capital markets and secured against the EU budget, according to reports from Reuters and Al Jazeera.
Ukrainian President Volodymyr Zelensky expressed gratitude to the EU, noting that the funds will help cover Kyiv’s budget deficit and strengthen its defense capabilities amid the ongoing conflict with Russia. The agreement was reached after lengthy late-night negotiations on December 18, marking a significant show of unity among EU leaders.
By opting for market-based financing, the EU temporarily steps away from the contentious plan to use seized Russian assets to fund Ukraine’s war effort. Analysts say the move could ease internal divisions within the bloc while ensuring continued financial backing for Ukraine through 2027.
EU approves $105B interest-free loan to Ukraine, avoiding frozen Russian assets
The interim government’s initiative to reopen six state-owned sugar mills—closed during the previous Awami League administration—has stalled a year after its announcement. Despite forming a 13-member task force and submitting funding requests to the Finance Ministry, no budget allocation has been approved. The mills in Shyampur, Setabganj, Rangpur, Panchagarh, Pabna, and Kushtia remain idle, deepening frustration among workers, officials, and sugarcane farmers.
According to officials, the Bangladesh Sugar and Food Industries Corporation (BSFIC) sought over Tk 63 crore for two mills, but the Finance Ministry did not respond, citing lack of prior consent. Meanwhile, the Kushtia Sugar Mill is being considered for transfer to the Bangladesh Economic Zones Authority (BEZA), sparking institutional disagreement. BSFIC has formally objected to the move, while BEZA argues the site is ideal for agro-processing investment.
The prolonged closure has reduced national sugar output and inflated prices, while unresolved debts and unpaid government dues continue to strain the sector. Without funding clarity, the reopening timeline remains uncertain.
Funding delays stall Bangladesh’s plan to reopen six state-owned sugar mills
European Commission President Ursula von der Leyen has called on the European Union to reduce its economic overdependence and strengthen its global competitiveness through a wider network of free trade agreements. Speaking in Brussels ahead of the European Council summit, she emphasized the strategic importance of finalizing the proposed trade deal with South America’s Mercosur bloc, describing it as a gateway to a market of 700 million consumers.
However, the Mercosur agreement has sharply divided EU member states. France and Italy, led by Emmanuel Macron and Giorgia Meloni, oppose the deal over concerns about environmental standards, agricultural safeguards, and regulatory clarity. Germany and Spain, in contrast, argue the pact would boost exports and diversify trade ties at a time of weak growth. Farmers’ unions across Europe have also voiced strong resistance, fearing cheap imports could undermine domestic producers.
Thousands of farmers were expected to protest in Brussels as leaders met, underscoring the political sensitivity surrounding the deal. The outcome of the summit may determine whether the EU can balance trade expansion with internal protectionist pressures.
Von der Leyen urges EU to reduce overdependence and finalize Mercosur deal amid internal rifts
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