The ‘1 Nojor’ media platform is now live in beta, inviting users to explore and provide feedback as we continue to refine the experience.
Bangladesh received $2 billion in remittances during the first 17 days of December 2025, marking a 14% increase compared to the same period last year, according to Bangladesh Bank spokesperson Arif Hossain Khan. The central bank’s data shows that expatriate income continues to rise steadily, reflecting stronger inflows through formal banking channels.
In November 2025, remittances totaled $2.889 billion, up 31.37% from $2.199 billion in November 2024, making it the highest monthly inflow in six months. From July to December 17 of the current fiscal year, Bangladesh received $15.04 billion in remittances, compared with $12.89 billion during the same period last year—a 16.7% year-on-year growth.
Economists attribute the surge to improved exchange rate management and incentives for remittance senders. The continued rise in remittance inflows is expected to support Bangladesh’s foreign exchange reserves and help stabilize the local currency amid global economic uncertainty.
Bangladesh remittance inflow hits $2 billion in 17 days, up 14% year-on-year
Global gold prices surged again this week, nearing record highs as investors turned to the precious metal amid a weakening U.S. dollar and falling Treasury yields. In Dubai, 24-carat gold rose to 524.50 dirhams per gram on Thursday, just below the year’s peak of 525.25 dirhams recorded in October. Prices for other purities also climbed, with 22-carat gold at 485.75 dirhams and 18-carat at 399.25 dirhams.
Analysts attribute the rise to concerns over the U.S. Federal Reserve’s independence and fears of political interference, which have heightened uncertainty in financial markets. Hani Abuagla, senior market analyst at XTB MENA, noted that geopolitical tensions across Europe, the Middle East, and Asia are further driving demand for gold as a safe-haven asset.
Experts describe 2025 as a pivotal year for gold, with inflation trends, economic slowdowns, and potential restrictive policies likely to sustain upward pressure on prices. Investors are expected to closely monitor central bank actions and global risk developments in the coming months.
Gold nears record highs as weak dollar and global tensions drive investors to safe assets
The National Board of Revenue (NBR) of Bangladesh has introduced a new sub-module called 'Truck Movement' under the ASYCUDA World System to digitally monitor the movement of goods-laden trucks entering from India. The system electronically records each truck’s entry, duration of stay, and return of empty vehicles, replacing the previous manual process that was time-consuming and prone to errors. A pilot program began on December 15 at the Benapole Customs House in Jashore.
According to the NBR, the automated system will ensure real-time tracking and reporting of cross-border truck movements, improving efficiency in data management and minimizing revenue leakage. Officials believe the initiative will strengthen transparency and accountability in customs operations while enhancing border security. The NBR emphasized that accurate data will also help improve customs supervision and tax collection.
The revenue authority plans to expand the 'Truck Movement' module to all land ports across the country soon. Experts expect the system to modernize import operations, streamline border trade, and support Bangladesh’s broader digital governance goals.
NBR launches ASYCUDA-based truck monitoring to digitize and secure India-Bangladesh border trade
The SME Foundation of Bangladesh announced that 138 individuals, including 72 men and 66 women, have successfully become entrepreneurs through its Business Incubation Center. The participants received training, mentorship, and business advisory support, along with opportunities to showcase their products at national and international trade fairs in the UK, China, Sri Lanka, and Nepal. A certificate distribution ceremony was held on December 18, 2025, in Dhaka, with senior officials from the SME Foundation and Startup Bangladesh in attendance.
Chairperson Md. Musfiqur Rahman emphasized that the incubation center provides essential business knowledge, workspace, networking, and technical assistance to new entrepreneurs. The initiative aligns with the government’s National Industrial Policy 2022 and the SDG 2030 agenda. According to the Bangladesh Bureau of Statistics, SMEs contribute about 30% to the national economy and employ over 30 million people.
The program is expected to further strengthen Bangladesh’s SME ecosystem, enhance women’s participation, and support sustainable economic development through innovation and capacity building.
138 entrepreneurs emerge through SME Foundation’s incubation program in Bangladesh
China has introduced a value-added tax (VAT) on condoms and other contraceptives for the first time in three decades, as part of a broader effort to modernize its tax system and address the country’s persistently low birth rate. The new VAT law, passed in 2024, ends a long-standing exemption dating back to 1993. At the same time, Beijing has launched a national childcare subsidy program worth 90 billion yuan ($12.7 billion) and expanded maternity coverage under the national health insurance scheme.
The policy shift comes as China’s birth rate stood at just 6.77 per 1,000 people in 2024, despite incentives such as cash bonuses, IVF discounts, and extended paid leave for new couples. Social media users have mocked the condom tax, calling it a desperate attempt to boost fertility. Experts argue the measure is largely symbolic and unlikely to influence reproductive decisions, though it signals the government’s preference for pro-natalist behavior.
Sociologists warn that restricting access to contraception could disproportionately affect women, particularly those from disadvantaged backgrounds, while raising concerns about intrusive local monitoring of women’s reproductive cycles.
China taxes condoms and boosts childcare subsidies to counter record-low birth rate
Saudi Arabia has announced the abolition of expatriate worker fees (Iqama) for employees in licensed industrial establishments, a move approved by the Council of Ministers chaired by Crown Prince and Prime Minister Mohammed bin Salman. The decision, based on recommendations from the Council of Economic and Development Affairs (CEDA), aims to strengthen national factories, ensure sustainability, and enhance global competitiveness under the Vision 2030 diversification plan.
Industry and Mineral Resources Minister Bandar Al-Khorayef said the measure will reduce operational costs, facilitate production expansion, and accelerate the adoption of automation, artificial intelligence, and advanced manufacturing technologies. Between 2019 and 2024, Saudi Arabia’s industrial sector saw factories rise from 8,822 to over 12,000, investments grow 35% to 1.22 trillion riyals, and employment increase 74% to 847,000 workers.
Officials expect the policy to further energize the sector and attract international investment. The government aims to triple industrial GDP to 895 billion riyals by 2035, reinforcing Saudi Arabia’s position as a regional manufacturing hub.
Saudi Arabia ends expat fees for industrial workers to boost manufacturing and competitiveness
Bangladesh Bank Governor Ahsan H. Mansur stated that bank owners alone cannot be blamed for institutional collapse, emphasizing that officials also share responsibility. Speaking at an Economic Reporters Forum discussion in Dhaka, he outlined ongoing reforms, including plans to merge five banks to strengthen the sector. Mansur assured depositors that their funds remain safe under deposit insurance coverage and projected foreign reserves to reach $34–35 billion by fiscal year-end without borrowing from international lenders.
The governor acknowledged persistent challenges such as capital shortfalls and a non-performing loan (NPL) rate now estimated at 36%. He pledged transparency in disclosing accurate financial data. Mutual Trust Bank’s CEO Syed Mahbubur Rahman noted that commercial banks had been forced into long-term investments due to a weak capital market, while CPD’s Executive Director Fahmida Khatun warned that political interference and poor governance had eroded the sector’s integrity.
Experts urged continued implementation of the Bank Resolution Act and full autonomy for Bangladesh Bank to restore confidence and ensure sustainable recovery ahead of the upcoming national elections.
Bangladesh Bank governor links officials to bank failures, unveils merger and reform plans
Bangladesh’s banking sector is facing renewed pressure as government borrowing from banks has sharply increased midway through the 2025–26 fiscal year. According to the latest Bangladesh Bank data, the government borrowed a net Tk 45,239 crore between July and December 8, marking a 58.46% rise from the same period last year. Earlier in the fiscal year, the government had been repaying loans, but rising development spending, election-related costs, and higher subsidy and interest obligations have reversed that trend.
Sector analysts note that the initial months saw reduced borrowing due to strong revenue growth and foreign loan inflows. However, the recent acceleration in government borrowing has raised concerns about liquidity pressures in the banking system and potential crowding out of private credit. Commercial banks’ total government loan holdings rose to Tk 475,709 crore by December 8, while borrowing from the central bank reached Tk 120,435 crore.
Economists warn that continued reliance on domestic banks to finance budget deficits could limit credit availability to businesses and complicate inflation management. The government’s current borrowing pace, though below the annual target, may strain monetary stability if sustained.
Government bank borrowing in Bangladesh jumps 58% mid-year, raising liquidity and credit flow concerns
The Shailkupa Mini Fish Hatchery in Jhenaidah, Bangladesh, has remained closed for ten years due to a persistent shortage of staff and malfunctioning equipment. Once a vital source of fish fry production since its establishment in 1982, the facility has fallen into disrepair, causing a significant shortage of fish fry in the region. Local fish farmers have urged the government to reopen the hatchery to restore supply and reduce costs.
According to the Upazila Fisheries Office, the hatchery could produce around 40 kilograms of fish spawn per season—enough for over four million fry—if operational. Farmers report that the closure has forced them to buy fry from distant districts, increasing expenses and reducing profitability. Shailkupa Fisheries Officer Imran Hossain confirmed that while the facility was renovated in 2024 through a government allocation, it remains inactive due to staffing and budget constraints.
Experts warn that without urgent action, the hatchery’s infrastructure may become permanently unusable, further undermining local aquaculture and rural livelihoods.
Shailkupa fish hatchery in Jhenaidah remains closed for ten years due to staff and equipment shortages
Bangladesh Bank Governor Ahsan H. Mansur has directed that all depositors of five recently merged banks must receive their funds by the end of December 2025. The instruction came during the first board meeting of the newly formed Sammilit Islami Bank, which combines the five institutions under a single resolution framework. Mansur emphasized completing all procedural and technical preparations to ensure timely repayment and avoid disruptions.
The meeting, chaired by Dr. Mohammad Ayub Mia, included senior government secretaries and Bangladesh Bank officials. The governor also ordered rapid integration of IT systems and the creation of a unified human resources policy to harmonize ranks, grades, and promotion structures across the merged banks. Customers will be allowed to withdraw funds using previously issued checks.
The Sammilit Islami Bank is scheduled for formal inauguration in January 2026, but depositors are expected to receive their money beforehand. The board pledged to prioritize depositor protection and maintain transparency under Bangladesh Bank’s supervision.
Bangladesh Bank orders merged banks to return all depositor funds by December 2025
Saudi Arabia has announced the cancellation of work permit (Iqama) fees for expatriate workers employed in licensed industrial establishments. The decision, approved under the chairmanship of Crown Prince Mohammed bin Salman, follows recommendations from the Council of Economic and Development Affairs (CEDA). Officials said the move aims to strengthen the industrial sector and support sustainable economic diversification under Vision 2030.
Industry and Mineral Resources Minister Bandar Al-Khorayef stated that waiving the fees will reduce operational costs for factories, attract quality investments, and encourage expansion and higher production. He added that the policy will enhance Saudi industries’ global competitiveness and reduce the kingdom’s reliance on oil revenues. The initiative is also expected to accelerate the adoption of automation, artificial intelligence, and advanced manufacturing technologies.
The decision comes as Saudi Arabia remains a major source of remittances for countries such as Pakistan, which received $753 million in November 2025. Analysts view the policy as a strategic step toward a more diversified, technology-driven industrial economy.
Saudi Arabia cancels work permit fees to strengthen industrial growth under Vision 2030
Israel has approved a record-breaking natural gas export agreement with Egypt valued at approximately $34.67 billion. Prime Minister Benjamin Netanyahu described the deal, involving the Leviathan gas field and partners including U.S. energy giant Chevron, as the largest in Israel’s history and a historic milestone. The agreement will see Israel supply gas to Egypt over several years, expanding the countries’ energy cooperation.
The announcement comes as Israel continues its military operations in Gaza, where thousands of civilians have been killed or injured, according to the United Nations and human rights groups. Observers note the stark contrast between Israel’s expanding regional economic partnerships and the ongoing humanitarian crisis in Palestinian territories. Critics argue that while Israel promotes regional stability through energy diplomacy, its actions in Gaza undermine that goal.
Egypt’s declining gas production since 2022 has increased its reliance on Israeli imports, reshaping the regional energy landscape. Analysts suggest the deal could strengthen Israel’s role as a key energy supplier in the Eastern Mediterranean.
Israel approves record $34.7B gas export deal with Egypt amid ongoing Gaza conflict
Bangladesh Bank has reported that the country's foreign exchange reserves increased to $32.48 billion as of December 17, 2025. The figure, however, stands at $27.82 billion when calculated under the International Monetary Fund’s BPM6 (Balance of Payments Manual 6) methodology. The announcement was made by Arif Hossain Khan, Executive Director and spokesperson of Bangladesh Bank.
The reserves had been $32.12 billion a week earlier, or $27.45 billion under the IMF standard. The difference between the two accounting methods reflects the exclusion of certain funds, such as export development and other non-liquid assets, under the BPM6 framework. The rise in reserves follows recent remittance inflows and moderate import payments, helping stabilize the country’s external balance.
Economists note that while the increase is positive, Bangladesh continues to face pressure from global commodity prices and a strong U.S. dollar. The central bank is expected to continue cautious management of reserves to maintain import coverage and meet IMF program conditions in the coming months.
Bangladesh’s forex reserves rise to $32.48B; IMF measure shows $27.82B
Bangladesh’s Chief Adviser Dr. Muhammad Yunus announced that the interim government has undertaken continuous reforms to attract foreign direct investment (FDI), resolving a long-standing issue at the Korean Export Processing Zone in Chattogram. He expressed optimism that this move would encourage major South Korean companies to expand their investments in Bangladesh.
During a farewell meeting with South Korean Ambassador Park Young-sik at the state guesthouse Jamuna, both sides discussed deepening bilateral relations. Topics included boosting Korean investment, advancing the proposed Comprehensive Economic Partnership Agreement (CEPA), and expanding cultural and human resource cooperation. Ambassador Park conveyed condolences over the deaths of six Bangladeshi peacekeepers in Sudan and wished success for Bangladesh’s democratic transition and upcoming February 12 elections.
Park noted that Samsung plans to expand operations in Bangladesh, including mobile phone production. The next CEPA negotiation round is scheduled for February, which could grant Bangladeshi apparel duty-free access to the Korean market, currently dominated by Vietnam and Indonesia.
Bangladesh pushes reforms to attract FDI, eyes deeper trade ties with South Korea
Toyota has officially launched direct operations in Bangladesh under the new entity Toyota Bangladesh Limited, marking a significant milestone in the country’s automotive sector. The company inaugurated its first exclusive showroom in Tejgaon, Dhaka, signaling the start of a new distribution and service model aimed at enhancing customer experience and product accessibility.
Managing Director Premmit Singh stated that Toyota Bangladesh Limited will operate in line with the global vision 'Be the Right One,' focusing on meeting the evolving demands of Bangladeshi car enthusiasts. The company plans to introduce advanced features and modern facilities while maintaining sustainable growth across changing market conditions. Singh emphasized teamwork and long-term commitment to customer satisfaction as key priorities.
Industry observers view Toyota’s direct entry as a strategic move to strengthen brand presence and streamline after-sales service in Bangladesh. The company hinted at further announcements soon, suggesting expanded investments and product offerings in the near future.
Toyota begins direct operations in Bangladesh with new showroom and distribution model
The ‘1 Nojor’ media platform is now live in beta, inviting users to explore and provide feedback as we continue to refine the experience.