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The president of the Consumers Association of Bangladesh (CAB), AHM Shafiquzzaman, has called on the government to take strict measures against traders who increased edible oil prices without approval from the Ministry of Commerce. Following a meeting at the Secretariat on Wednesday, he stated that under the Essential Commodities Act, the ministry determines prices for certain goods based on a specific formula. Shafiquzzaman emphasized that any price hike without ministry consent violates consumer rights and is unjustified. He expressed hope that the government would enforce the tough actions promised by the commerce adviser. He further noted that under the Competition Act and the Consumer Rights Protection Act, hoarding or price manipulation is punishable, urging the government to strengthen market oversight to ensure fair pricing of daily essentials.

04 Dec 25 1NOJOR.COM

CAB president demands strict action against traders for unjustified edible oil price hike

The International Crimes Tribunal in Bangladesh has rejected a petition seeking virtual court appearances for ten arrested army officers accused in a war crimes case involving allegations of abduction and torture by the Rapid Action Battalion’s TFI cell during the Awami League government. The order was issued on December 3 by Tribunal-1, led by Justice Golam Mortuza Majumder. Defense counsel Dr. Tabarak Hossain argued that the officers faced media trials and could face professional consequences even if acquitted, but the tribunal ruled that the law does not permit virtual appearances and directed the accused to attend in person. Chief Prosecutor Mohammad Tazul Islam opposed the plea, citing the absence of legal provisions for such appearances. The case names 17 accused, including former Prime Minister Sheikh Hasina and former Home Minister Asaduzzaman Khan Kamal, with ten army officers currently in custody. The tribunal scheduled December 14 for hearing the discharge petitions of the accused.

04 Dec 25 1NOJOR.COM

Bangladesh tribunal rejects virtual appearance plea of army officers accused in abduction case

The Anti-Corruption Commission (ACC) of Bangladesh has approved a chargesheet against Dr. Prashanta Kumar Roy, former secretary of the Rural Development and Cooperatives Division and ex-project director of the 'Ektee Bari Ektee Khamar' project. According to ACC spokesperson Md. Akhtarul Islam, Roy is accused of concealing assets worth over Tk 12 million and providing false information in his wealth statement. Investigations revealed that he possessed immovable and movable properties worth Tk 7.7 million beyond known income sources. Additionally, Roy allegedly deposited Tk 180 million in 12 bank accounts under his and his daughters’ names, later withdrawing or transferring the funds. Based on these findings, the ACC approved the submission of a chargesheet under relevant sections of the Anti-Corruption Commission Act and the Money Laundering Prevention Act. The case underscores ongoing efforts to address corruption within public service ranks in Bangladesh.

04 Dec 25 1NOJOR.COM

Bangladesh ACC approves chargesheet against ex-secretary Prashanta Kumar Roy over corruption allegations

Pakistan has announced plans to privatize its state-owned Pakistan International Airlines (PIA) amid mounting debt and IMF loan conditions. Prime Minister Shehbaz Sharif confirmed that an auction for the airline’s sale will be held on December 23 and broadcast live across national media. The government intends to sell between 51% and 100% of PIA’s shares to reform loss-making state enterprises and meet the terms of a $7 billion IMF bailout. Four consortiums—Lucky Cement, Arif Habib Corporation, Fauji Fertilizer, and Air Blue—have been shortlisted to participate in the bidding. Sharif emphasized transparency and merit in the privatization process, expressing hope that PIA will regain its former prestige and operational efficiency. The move marks Pakistan’s largest privatization effort in nearly two decades. A previous sale attempt failed after a $36 million offer fell far below the $305 million reserve price. The government aims to complete the process swiftly to stabilize the aviation sector and reduce fiscal pressure.

03 Dec 25 1NOJOR.COM

Pakistan to privatize debt-ridden PIA with live auction on December 23 to meet IMF loan terms

Bangladesh Bank Governor Dr. Ahsan H. Mansur has cautioned that the country’s export sector could face serious setbacks if industries fail to adopt environmentally sustainable practices. Speaking at a two-day conference organized by the Bangladesh Small and Cottage Industries Corporation (BSCIC) in Dhaka, he emphasized that proper waste management, solar energy use, and efficient water management are essential for obtaining green certification, which is increasingly required in global trade. Dr. Mansur also highlighted structural issues in the current VAT system that disadvantage small entrepreneurs, as well as inefficiencies in loan distribution that could waste allocated funds. He stressed the need for an online marketplace with real-time data and individual entrepreneur profiles to boost market demand. Additionally, he urged the use of international digital payment platforms like PayPal to expand access to global markets, noting that Bangladesh’s small industries have immense potential if supported by sound policies.

03 Dec 25 1NOJOR.COM

Bangladesh Bank Governor urges eco-friendly industrialization to secure exports and strengthen SME competitiveness

Entrepreneurs associated with Agrani Bank’s agent banking services have demanded the immediate reopening of the bank’s agent server and settlement of all outstanding dues and compensations. At a press conference held at the National Press Club in Dhaka, spokesperson Md. Abu Sayed stated that Agrani Bank’s agent banking network had been one of the most successful in Bangladesh for the past decade. However, on June 19, the bank abruptly shut down all agent outlets nationwide, citing temporary reasons. Despite assurances from senior management, including the bank’s general manager, the services have remained suspended for nearly six months. The entrepreneurs allege that the bank’s leadership is neglecting their commitments and that the closure has caused severe financial hardship to thousands of agents. They also called for the resignation of the bank’s chairman, accountability for responsible officials, and the swift implementation of a High Court order to resume services and resolve pending arbitration cases.

03 Dec 25 1NOJOR.COM

Entrepreneurs urge Agrani Bank to reopen agent services and clear dues after six months of suspension

The Bangladesh government has extended the tenure of the National Independent Investigation Commission, formed to reinvestigate the 2009 BDR massacre, by an additional seven days until December 7. The Cabinet Division issued the extension notification on December 3. The commission, chaired by retired Major General A L M Fazlur Rahman, was initially given three months to submit its report, later extended multiple times. Although the commission submitted its report to Chief Adviser Dr. Muhammad Yunus on November 30, the government decided to extend the term to allow for final procedural completion. The commission was tasked with uncovering the nature and scope of the February 25–26, 2009 mutiny at the BDR headquarters in Pilkhana, Dhaka, which left 57 army officers dead. It was also directed to identify perpetrators, collaborators, and any domestic or foreign entities involved in the incident.

03 Dec 25 1NOJOR.COM

Bangladesh extends BDR massacre investigation commission’s tenure by seven days for final procedures

A Muslim youth from West Bengal’s Murshidabad district, identified as Rahul Islam, was allegedly assaulted in Odisha’s Ganjam district by a group of men who forced him to chant religious slogans such as 'Jai Shri Ram' and 'Bharat Mata Ki Jai'. The attackers reportedly accused him of being a 'Bangladeshi' and a 'Rohingya' after questioning his identity documents. Following the incident, migrant workers’ groups lodged complaints with the Odisha Police, the National Minority Commission, and the National Human Rights Commission. The Odisha government recently stated that thousands of undocumented Bangladeshis had been identified in the state, prompting intensified identity checks since the BJP came to power. Labor unions claim over 300 migrant workers have been detained in the past 10 days. Trinamool Congress MP Mahua Moitra has threatened legal action against the Odisha Police. Rahul Islam sustained injuries and returned to Murshidabad out of fear. Police maintain that identity verification is ongoing and no deportations have occurred.

03 Dec 25 1NOJOR.COM

Muslim worker from West Bengal beaten in Odisha and forced to chant slogans amid identity dispute

Bangladesh Bank Governor Dr. Ahsan H. Mansur announced that global digital payment platform PayPal is preparing to begin operations in Bangladesh soon. Speaking at the ‘Agro Award 2025’ event in Dhaka, he said the move will significantly benefit freelancers and small entrepreneurs by enabling smoother international transactions and faster payment transfers. Mansur noted that the lack of international payment gateways currently hampers outsourcing and freelance earnings, often causing delays or non-payment. PayPal’s entry is expected to solve these issues and facilitate cross-border trade. He also emphasized reducing cash transactions to curb corruption, revealing that cash management costs the country around Tk 20,000 crore annually. Additionally, he urged banks to increase agricultural lending from 2% to 10% of total loans and improve SME loan distribution. Highlighting Bangladesh’s agricultural progress, he said food grain production has tripled since independence, reaching nearly 40 million tons.

03 Dec 25 1NOJOR.COM

PayPal to start operations in Bangladesh boosting freelancers and small exporters’ global payment access

The Bangladesh government has introduced a new policy to curb illegal mobile phone imports and smuggling. Expatriates registered with the Bureau of Manpower, Employment and Training (BMET) can now bring up to three mobile phones tax-free when returning home, including their personal device and two new handsets. Those without BMET cards may bring one additional phone by paying applicable taxes. The policy also mandates registration of used phones in the National Equipment Identity Registrar (NEIR) for expatriates staying over 60 days. The government plans to reduce high import duties—currently around 61%—to encourage legal imports and lower market prices. Additionally, VAT and taxes on locally manufactured phones will be rationalized to support domestic production and foreign investment. Authorities are tightening surveillance at airports and land ports to prevent refurbished or cloned phones from entering the country. The Ministry of Posts, Telecommunications, and Information Technology confirmed that no active handset will be deactivated before December 16 as NEIR becomes operational.

03 Dec 25 1NOJOR.COM

Bangladesh allows BMET-registered expatriates to bring up to three mobile phones tax-free under new rules

A devastating fire broke out in Munshiganj’s Gazaria upazila on Wednesday morning after an LPG gas cylinder exploded in a house near a primary school in Baghaikandi village under Imampur Union. The explosion triggered a rapid spread of flames, completely destroying two tin-roofed houses and all household furniture. Although no casualties were reported, the affected families lost nearly all their possessions, estimating damages between Tk 12 and 14 lakh. Firefighters from the Gazaria Fire Service arrived promptly and managed to bring the blaze under control after about one and a half hours. Station Officer Firoz Mia said a gas leak might have caused the explosion, but the exact reason will be confirmed after investigation. Preliminary estimates suggest total losses of around Tk 15 lakh, while some property worth Tk 20 lakh was salvaged.

03 Dec 25 1NOJOR.COM

Gas cylinder explosion in Munshiganj burns two homes but causes no casualties

The Bangladesh Secretariat Officers and Employees United Council has submitted a memorandum to the Finance Adviser, urging immediate implementation of the Ninth National Pay Commission report. The memorandum, delivered on December 3, outlines three key demands: implementation of the 9th pay scale, introduction of a Secretariat allowance, and provision of a ration allowance. The council warned that if the government fails to issue a circular in December and publish a gazette by January 1, 2026, they will announce strict protest programs on January 10. The organization expressed concern over delays in finalizing the pay commission’s recommendations, citing rising living costs and growing frustration among lower-grade public employees. They emphasized that the current 20-grade pay structure should be revised to a 10-grade system with a 1:4 salary ratio to reduce disparities. The memorandum reflects mounting pressure on the interim government to address public servants’ long-standing demands amid economic challenges.

03 Dec 25 1NOJOR.COM

Bangladesh secretariat staff warn of January protest if 9th pay commission demands remain unmet

Pakistan’s Minister for Railways, Muhammad Hanif Abbasi, has announced that the Islamabad-Tehran-Istanbul (ITI) freight train service will resume operations on December 31, 2025. Speaking at a meeting with the Rawalpindi Chamber of Commerce and Industry, Abbasi emphasized Pakistan’s commitment to enhancing regional connectivity with Iran and Turkey. The initiative aims to strengthen trade links among the three countries and improve logistical efficiency across the region. The minister stated that Pakistan Railways plans to expand its freight transport capacity by the end of this year to support the project. He urged the business community to take advantage of the renewed trade corridor, which is expected to play a key role in boosting Pakistan’s regional commerce and economic integration with neighboring countries.

03 Dec 25 1NOJOR.COM

Pakistan to relaunch Islamabad-Tehran-Istanbul freight train to strengthen regional trade links

The Indian rupee has fallen to a historic low, crossing the 90 mark against the US dollar for the first time, reflecting mounting pressure on the country's currency amid global economic uncertainty. Analysts attribute the depreciation to a combination of factors including persistent foreign fund outflows, a strengthening US dollar, elevated crude oil prices, and concerns over India's widening trade deficit. The Reserve Bank of India (RBI) is closely monitoring the situation, though it has refrained from heavy intervention so far. A weaker rupee could make imports, especially energy and electronics, more expensive, potentially fueling inflationary pressures. However, exporters may benefit from improved competitiveness in global markets. Economists suggest that the rupee’s trajectory will depend on upcoming US Federal Reserve decisions, domestic inflation data, and capital flow trends. The government and RBI are expected to focus on maintaining macroeconomic stability while ensuring that currency volatility remains contained.

03 Dec 25 1NOJOR.COM

Indian rupee falls to record low beyond 90 per dollar amid global and domestic economic pressures

Bangladesh’s Trade Adviser Sheikh Bashiruddin stated that the recent increase in edible oil prices by traders has no legal justification and was done without government approval. Speaking to reporters at the Secretariat on Wednesday, he said the government learned about the price hike only half an hour before it was implemented. The adviser criticized the collective decision by companies to raise prices, calling it unacceptable. He noted that the Trading Corporation of Bangladesh (TCB) recently purchased soybean and rice bran oil from these companies at prices about 20 taka lower than current market rates, questioning the rationale behind the hike. Bashiruddin assured that the government will discuss and determine appropriate actions, including possible legal measures if laws were violated. He emphasized that the government retains regulatory authority over traders and aims to maintain a stable supply chain, especially ahead of Ramadan. The adviser also mentioned that prices of sugar, lentils, and eggs have recently decreased, indicating positive market trends.

03 Dec 25 1NOJOR.COM

Bangladesh trade adviser says edible oil price hike illegal and warns of legal action against traders


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