A new study by Educo Bangladesh and the Child Labor Elimination Platform (CLAP) reveals that 66.6% of child laborers in Bangladesh are working in industrial factories, followed by 44.4% in services and 38.8% in agriculture. The report, presented at a policy-sharing event in Dhaka, warns that most of these children face severe health risks and calls for stronger social protection measures to prevent child labor.

Dr. Khondaker Golam Moazzem, who presented the policy proposal, noted that around 3.5 million children are engaged in various forms of work, with about 100,000 in hazardous conditions. Despite existing laws and international commitments, informal child labor remains widespread. Government officials reaffirmed their commitment to the UN Sustainable Development Goals (SDGs) and pledged to expand social safety nets for out-of-school children.

Experts at the event emphasized the need for universal child benefits, increased education spending, and investment in rural livelihoods to reduce economic dependency on child labor. The recommendations aim to strengthen Bangladesh’s social protection framework and accelerate progress toward eliminating child labor by 2030.

Global oil markets saw renewed volatility after U.S. President Donald Trump announced a blockade on all authorized oil tankers entering or leaving Venezuela. The move immediately pushed crude prices higher, with Brent futures rising 1.5% to $59.79 per barrel and West Texas Intermediate climbing to $56.12. The announcement came at a time of recovering demand, amplifying concerns about supply disruptions and geopolitical uncertainty.

Traders in Asia described the price rebound as partly emotional, noting that Venezuela contributes a relatively small share to global oil supply. However, the timing of the U.S. action, coinciding with progress in Russia–Ukraine peace talks, added complexity to market sentiment. Analysts said that if sanctions on Moscow ease following a peace deal, global supply could stabilize despite the Venezuelan restrictions.

Market observers warned that while the short-term spike reflects risk sentiment, continued political maneuvering in Washington and Caracas could sustain volatility. Investors are now watching both the U.S. policy trajectory and the outcome of the Russia–Ukraine negotiations for cues on oil’s next direction.

Bangladesh’s Chief Adviser, Professor Dr. Muhammad Yunus, has identified brokers as the main obstacle to the country’s overseas manpower exports. Speaking at the Osmani Memorial Auditorium on the occasion of International Migrants Day and National Expatriates Day 2025, he urged authorities to protect migrant workers from exploitation and to free the sector from middlemen. According to Yunus, the entire labor export process is dominated by brokers who deceive workers and hinder progress.

Dr. Yunus emphasized that Bangladesh’s youthful population is a valuable resource in a world facing labor shortages. Citing his recent visit to Japan, he noted that Japan needs workers and that Bangladesh could supply up to 100,000 if language training is ensured. He expressed surprise that Japan recruited 7,000 workers from Nepal but only 2,000 from Bangladesh.

He added that many Japanese cities face severe labor shortages, with idle farmland and halted taxi services. Yunus urged reforms to ensure transparent recruitment, enabling Bangladesh to capitalize on its demographic advantage and expand its global labor footprint.

Bangladesh Bank’s latest report reveals that as of September 2025, nearly 91% of all defaulted loans in the banking sector have become unrecoverable, posing a severe threat to the country’s financial stability. The total volume of defaulted loans reached BDT 6.44 trillion, with BDT 5.85 trillion classified as bad or loss category. This marks a sharp rise from the previous year, when unrecoverable loans accounted for about 82% of total defaults.

Sector insiders attribute the surge to large business groups that borrowed heavily during the previous Awami League government and allegedly siphoned funds abroad. Following political changes, many borrowers fled the country, further reducing recovery prospects. State-owned banks hold the largest share of bad loans, with Janata Bank alone reporting BDT 695.86 billion in unrecoverable debt. Private banks, including Islami Bank Bangladesh and First Security Islami Bank, also face mounting pressure.

Experts warn that the growing volume of bad loans will erode banks’ lending capacity and profitability, as they must maintain full provisioning against such debts. Bangladesh Bank has identified 24 commercial banks failing to meet required provisions, signaling deep structural stress in the sector.

After nearly eight months of inactivity, the dry fish hubs of Asharchar and Nidrarchar in Barguna’s Taltali upazila have regained vitality as thousands of fishermen, traders, and workers return for the new season. Using natural, chemical-free drying methods, the communities are producing and supplying dried fish across Bangladesh, with some exports abroad. However, poor roads, inadequate sanitation, and lack of permanent facilities continue to hinder progress.

Local traders and union leaders warn that without government intervention, the once-thriving industry could decline further. They cite pollution from the nearby Payra thermal power plant as a major threat to marine life and fish yields. Despite these challenges, officials from the Department of Fisheries and local administration have promised to take steps to improve infrastructure and ensure sustainable livelihoods.

The dry fish sector, employing thousands and supporting coastal economies, remains a vital yet vulnerable part of Bangladesh’s fisheries industry. Stakeholders urge coordinated planning and investment to preserve this traditional trade and protect the environment.

Bangladesh Bank has directed all scheduled banks to maintain uninterrupted services for replacing torn, damaged, or soiled banknotes. The central bank issued a circular through its Department of Currency Management, warning that any negligence in complying with the directive will lead to action against the concerned banks. The move aims to ensure that citizens can easily exchange unfit notes without disruption across all bank branches.

According to the circular, if more than 90% of a note remains intact and its security features are identifiable, banks must provide full value even if the note is unfit for circulation. Notes torn into two pieces must be attached to thin white paper for identification before submission. Notes deemed claimable will be sent to the nearest Bangladesh Bank office for verification, with payment decisions made within eight weeks. Customers must bear postal or courier costs, while burnt notes must be submitted directly to the central bank’s claim desk.

The circular also requires branches to display visible notices about this service and to report monthly data on note exchanges to Bangladesh Bank to enhance transparency and accountability in cash transactions.

The Chittagong Stock Exchange (CSE) has been unable to launch Bangladesh’s first commodity exchange as the Bangladesh Securities and Exchange Commission (BSEC) has not yet approved the proposed products and broker registrations, despite more than four months passing since applications were filed. CSE had applied for approval of gold, silver, and crude palm oil trading, along with registration for five brokers, but both remain pending.

BSEC officials say the commission is positive about the initiative but is still reviewing legal and operational aspects before granting final approval. CSE claims it has completed all technical preparations, including automated trading tests, and is conducting five days of mock trading from December 19 to 23. Officials express frustration over the delay, noting that nearly Tk 100 crore has already been invested in the project.

The delay reflects regulatory indecision and limited experience with commodity markets in Bangladesh. Analysts suggest that faster approval could help diversify the country’s capital market, while further delays risk eroding investor confidence and slowing financial innovation.

The Indian rupee fell to a record low of 90.74 against the U.S. dollar on Monday, surpassing its previous all-time low of 90.55 recorded on December 12. The decline came amid prolonged deadlock in U.S.-India trade talks and continued foreign investor withdrawals from India’s bond and equity markets. The rupee weakened by 0.3 percent as investor confidence waned following new U.S. tariffs of up to 50 percent on Indian goods.

Foreign investors have sold over $18 billion worth of Indian equities so far in 2025, making India one of the hardest-hit emerging markets for portfolio outflows. More than $500 million in bonds were also offloaded in December. Analysts expect India’s trade deficit to narrow to $32 billion from October’s record $41 billion, though concerns over external financing remain.

Finrex Treasury Advisors’ Anil Bansali warned that the rupee may test support levels at 90.80, with risks extending toward 91–92. The Reserve Bank of India is reportedly allowing market forces to dictate pricing, intervening only to curb excessive volatility.

Farmers in Shibganj, Chapainawabganj, are celebrating a bumper yield of off-season Katimon mangoes, which have already reached markets across Bangladesh. Favorable weather conditions contributed to strong production, while high demand from Dhaka traders has driven prices upward. Wholesale buyers are crowding the Kansat mango market, purchasing the premium fruit at record prices.

According to local traders, top-grade Katimon mangoes are selling for Tk 15,000–16,000 per maund, up from Tk 13,000–14,000 just a week earlier. Agricultural officials report that around 2,150 hectares in the upazila are now dedicated to Katimon cultivation, reflecting its growing popularity. Farmers say advance bookings from urban buyers have further boosted local prices.

While growers and wholesalers benefit from the strong market, retail consumers complain that the fruit has become unaffordable. The Department of Agricultural Extension expects production to expand next year with proper management, as more farmers shift toward cultivating this profitable off-season variety.

Russia’s central bank has filed a lawsuit against Belgium-based financial clearing house Euroclear, seeking $230 billion in compensation for frozen sovereign assets. The case, accepted by a Moscow commercial court on December 12, follows the European Union’s plan to use part of the seized Russian reserves to fund loans for Ukraine’s military and civilian needs in 2026 and 2027. The Kremlin described the move as the beginning of a “legal nightmare” for Europe.

After Russia’s 2022 invasion of Ukraine, EU states froze roughly €210 billion of Russian central bank assets. EU leaders recently agreed to keep these assets frozen indefinitely, arguing that supporting Ukraine is essential to deter future Russian aggression. Moscow, however, calls the EU’s plan “theft” and warns it will erode global trust in the euro and European financial institutions. Legal experts suggest Russian courts may rule quickly in Moscow’s favor.

If successful, Russia could seek to seize Euroclear’s assets in friendly jurisdictions such as China, the UAE, and Kazakhstan. The dispute underscores deep divisions within Europe and raises concerns about the precedent of confiscating sovereign assets during wartime.

The Government of Bangladesh has approved the purchase of 50,000 metric tons of non-basmati parboiled rice from India for the 2025–26 fiscal year. The procurement, valued at BDT 2.147 billion (USD 17.55 million), was sanctioned at a meeting of the Cabinet Committee on Government Purchase chaired by Economic Adviser Dr. Salehuddin Ahmed. The rice will be sourced from India’s M/S Bagadia Brothers Pvt Ltd at USD 351.11 per ton, equivalent to BDT 42.98 per kilogram.

According to officials, the decision follows a proposal from the Ministry of Food aimed at strengthening national food reserves and ensuring stability in government distribution channels. The Economic Affairs Committee also approved the import of up to 900,000 tons of rice from international sources to meet emergency and public demand.

Analysts note that the move reflects the government’s precautionary approach amid concerns over domestic production and price volatility. The imports are expected to bolster food security and maintain supply continuity ahead of the next fiscal year.

A new joint survey by RTL Info, Ipsos, and Le Soir reveals that 67% of Belgians oppose the European Union’s proposal to use frozen Russian assets to finance loans for Ukraine. The poll, released Monday, shows strong public backing for Prime Minister Bart De Wever’s stance that Belgium should not consent to releasing the seized funds.

Analysts attribute this opposition to concerns over potential financial and institutional risks for Belgium, as a significant portion of the frozen assets are held in Brussels-based Euroclear, a key financial clearinghouse. Only 22% of respondents supported the EU plan, while 11% expressed no opinion. Russia’s central bank has denounced the proposal as illegal and vowed to defend its interests through all available means.

The EU recently decided to keep Russian assets frozen indefinitely. Leaders are expected to debate the allocation of these funds to Ukraine during a two-day Brussels summit starting Thursday, amid growing legal and political divisions among member states.

India’s Ministry of External Affairs has revealed that nearly 900,000 Indian citizens have renounced their citizenship over the past five years. Minister of State Kirti Vardhan Singh presented the data in a written reply to the Rajya Sabha on December 14, noting that the government maintains detailed annual records of such cases. The figures indicate that citizenship renunciations have risen steadily since the pandemic slowdown.

According to the ministry’s data, more than 2 million Indians have given up their citizenship in the past 14 years, with a notable surge in recent years. The trend reflects a growing inclination among Indians to acquire foreign citizenship, often for better economic or educational opportunities abroad. In 2020, the number dropped to 85,256 due to COVID-19 restrictions, but rebounded sharply in subsequent years, reaching over 200,000 annually.

Analysts suggest that the continued rise may reflect both global mobility trends and domestic economic factors. The government has not indicated any policy changes in response, but the data may prompt renewed debate on migration and talent retention.

Bangladesh Bank’s latest report reveals a deepening crisis in the country’s banking sector, with 17 out of 61 banks now holding between 50% and 99% of their total loans as non-performing. As of September, the overall default loan ratio across the sector surged to 36%, up from 17% a year earlier, with total defaults reaching Tk 6.44 trillion. State-owned banks such as Janata, Rupali, and BASIC show default ratios above 50%, while several private banks—including Union, First Security Islami, and Global Islami—exceed 90%.

Banking officials attribute the surge to years of politically influenced lending and loan concealment under the previous government. Following a change in administration, previously hidden bad loans were reclassified, exposing the true scale of the problem. Analysts warn that the rapid deterioration threatens liquidity, investor confidence, and overall economic stability.

The government has begun merging several distressed banks to protect depositors and prevent systemic collapse. Economists urge urgent structural reforms, stronger regulatory oversight, and accountability measures to restore trust in Bangladesh’s financial system.

Bangladesh’s economy, under pressure from declining exports, weak private investment, and rising non-performing loans, is being sustained largely by record remittance inflows. According to Bangladesh Bank, expatriates sent $29.59 billion up to November 2024, an 18% increase from the previous year. Following the July 2024 political transition, remittance inflows surged by over 46%, helping foreign exchange reserves rise from $22 billion to nearly $32 billion.

Economists such as Dr. Zahid Hossain and Dr. Helal Uddin Ahmed note that remittances have stabilized the exchange rate and improved the balance of payments, offsetting weaknesses in exports and investment. Analysts attribute the surge to reduced money laundering, tighter monitoring, and a narrower gap between formal and informal dollar markets. Policy Exchange Bangladesh Chairman Masrur Riaz described the remittance boom as a “lifeline” for the economy.

Despite the relief, experts warn that gas shortages, export contraction, and slow investment continue to threaten recovery. They urge diversification of labor markets and skill development to sustain remittance growth and macroeconomic stability.