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Boro paddy prices have fallen sharply in the haor areas of Sunamganj, Bangladesh, leaving farmers unable to recover production costs, according to a report published on August 19, 2026. Farmers who stored paddy after harvesting in Boishakh in hopes of better prices say local buyers are offering as little as Tk800 per maund, while they expected Tk1,200 to Tk1,400. Many are taking paddy to markets but bringing it home again after failing to secure acceptable offers.
Farmers estimate that producing boro paddy on one kedar of land costs about Tk12,000, before additional harvesting, threshing and transport expenses. They say floodwater, waterlogging and heavy rainfall damaged crops in the previous Boishakh, worsening their financial pressure. Farmers also say rice prices remain comparatively high despite weak paddy prices, affecting both producers and consumers.
Sunamganj’s acting food controller said government warehouses collected 21,000 tonnes of paddy at Tk1,440 per maund, but procurement has stopped under government instructions. Agricultural official Omar Faruk said stronger production in other districts has discouraged wholesale buyers from coming to Sunamganj, warning that continued low prices could reduce farmers’ interest in future cultivation.
Sunamganj farmers report paddy prices as low as Tk800 per maund amid rising losses
At least 200 families have been left waterlogged in Patiya, Chattogram, after a drainage route was blocked, preventing monsoon water from receding. The flooding has affected Kazipara in Ward No. 7 of Haidgaon Union and broad areas across four or five nearby villages, according to the report published on August 19, 2026.
Residents said water from five villages previously passed through the Mongoler Tek area near a three-way road, then flowed via Mora Khal into Chandkhali Khal. They alleged that influential groups recently sealed the water route with cement. Farmland and ponds have been submerged, causing losses for cultivators and fish farmers, while prolonged standing water has disrupted movement for residents and students.
Kazipara Government Primary School management committee president Kazi Arif Ullah said excess rainwater had drained from surrounding areas but remained in Kazipara because the route was closed. He called for the attention of Patiya’s member of parliament Enamul Haque Enam and Upazila Nirbahi Officer Farhanur Rahman. Acting Haidgaon Union Parishad chairman Helal Uddin said necessary action would be taken if a written complaint is submitted.
Blocked drainage route leaves at least 200 families waterlogged in Patiya
Bangladesh Knitwear Manufacturers and Exporters Association President Mohammad Hatem said gas and electricity shortages are currently a major challenge for the country’s industrial sector. In a statement sent to the media on Tuesday, he assessed the first six months of the BNP government led by Prime Minister Tarique Rahman, saying the energy problems cannot be resolved in the short term because they were inherited from the previous government.
Hatem said the prime minister and energy minister have taken several immediate initiatives and consulted business organisations and leaders on possible solutions. He said the government has also pledged a long-term solution to the energy crisis. BKMEA welcomed central bank measures aimed at refinancing sick, partially closed and closed factories, as well as a decision allowing certain exporters to import raw materials duty-free against bank guarantees.
He said the government imported some LNG from the international spot market. According to the finance minister, a new floating LNG terminal would take about two years to install. The government has decided to establish another FSRU and expects the gas shortage could be resolved within two years. Hatem added that banking-sector problems remain unresolved and overall law and order has somewhat deteriorated.
BKMEA says gas and power shortages remain a major obstacle for Bangladesh’s industrial sector
Agriculture Minister Mohammad Amin ur Rashid said Bangladesh has no fertilizer shortage and holds stocks exceeding demand. Speaking to journalists at the Agriculture Ministry conference room in the Secretariat on Tuesday, he said fertilizer reserves are higher than last year. He described claims of an artificial fertilizer shortage and resulting public confusion as part of a planned conspiracy.
The minister called the ministry’s work and progress during the government’s first 180 days satisfactory. He said higher agricultural production, expanded storage facilities and greater technology use could gradually reduce reliance on imported farm products. A database of about 1.4 million farmers has been prepared in a pilot phase, while farmer cards are to be distributed to 350,000 to 400,000 farmers each month.
Over the past six months, more than 2.418 million saplings were planted against a target of 2.5 million, and 475.61 kilometres of canals were excavated against a 478.9-kilometre target. The minister said no onion imports have been needed so far this year, with plans for infrastructure to store 300,000 tonnes. He also cited plans for BRRI 118 rice cultivation next year and solar-powered irrigation pumps.
Agriculture minister says fertilizer stocks exceed demand and rejects claims of a shortage
Posts, Telecommunications, Information and Technology, and Science and Technology Minister Fakir Mahbub Anam has called for collective action to build a trusted, inclusive and resilient digital information system in Bangladesh. He made the appeal as chief guest at a policy dialogue in Dhaka on Tuesday afternoon titled “Information Integrity and Social Cohesion in Bangladesh: Policy, Platform Accountability and Collective Action.”
The minister said Bangladesh’s rapid digital transformation has created new opportunities for citizens in access to information, communication, education, commerce and government services. However, he said reliable, credible and accurate information is essential for building a dependable digital information ecosystem. Protecting information credibility, he added, extends beyond addressing misinformation and disinformation, linking directly to public trust, social cohesion and meaningful citizen participation.
Anam said coordinated efforts by the government, technology platforms, media, civil society and citizens are needed to create a credible, safe and trust-based environment. He also stressed responsible journalism and quality content across traditional and digital media, warning that harmful, misleading and deliberate content can have serious negative effects, particularly on children and young people. Representatives from government bodies, international organizations, media and civil society attended the dialogue.
ICT minister calls for joint action to build a trusted, inclusive digital information ecosystem
Bangladesh Bank has issued new guidance on opening bank accounts for foreign nationals working in Bangladesh. In a circular issued Tuesday, it instructed banks to make necessary arrangements for foreign workers holding A-3 and other employment visas, provided they have updated work permits and comply with standard customer identification and know-your-customer requirements.
The circular refers to a Home Ministry notice issued on April 29, 2026, which clarified that foreign nationals employed in Bangladesh under the A-3 visa category must receive their salaries and allowances through banks. Foreign nationals arriving under the A-3 category are required to obtain work permits from the Bangladesh Investment Development Authority, or BIDA, and renew them after expiry.
Bangladesh Bank said work permits carry a condition requiring salaries and allowances to be received through banking channels. It added that the need to receive pay through banks applies not only to A-3 visa holders but also to foreign nationals working in Bangladesh under other employment visa categories. Banks have therefore been directed to facilitate account opening when valid, updated permits and KYC compliance are in place.
Bangladesh Bank directs banks to open accounts for eligible foreign workers with valid permits
Bangladesh received $1.887 billion in expatriate income, or remittances, during the first 17 days of August, according to Bangladesh Bank. At an exchange rate of Tk123 per dollar, the amount equals Tk232.101 billion. Bangladesh Bank spokesperson Arif Hossain Khan confirmed the figures on August 18.
The central bank said remittances on August 17 alone totalled Tk12.054 billion. During the first 17 days of August last year, remittance inflows stood at $1.424 billion. The current year’s inflows for the comparable period were therefore 32.60 percent higher.
From July 1 to August 17 of the current fiscal year, Bangladesh received a total of $4.746 billion in remittances. In the same period of the previous fiscal year, expatriate income amounted to $3.902 billion. According to the Bangladesh Bank figures, remittance inflows in the current fiscal year have risen 21.60 percent compared with the corresponding period a year earlier.
Bangladesh received $1.887 billion in remittances during the first 17 days of August
Biman Bangladesh Airlines has reissued a tender to dry-lease three Boeing 787-9 Dreamliners for 72 months after its previous tender drew insufficient response. The state flag carrier published the new request for proposals on August 10, with submissions due by 10 a.m. on August 25. Delivery by January 1, 2027 is prioritized, although aircraft available by February 28, 2027 will also be considered for technical evaluation.
Under the dry-lease arrangement, the lessor will provide the aircraft while Biman will be responsible for operations, pilots and cabin crew, maintenance and insurance. Aircraft must be no more than 15 years old as of June 30, 2027. Each aircraft must have more than 300 seats in two cabin classes, fully flat business-class seats, and economy seats with at least a 31-inch pitch.
The aircraft will be based at Hazrat Shahjalal International Airport in Dhaka, while the lessor will bear the cost of applying Biman’s livery. Biman expects to operate each aircraft for about 4,000 hours annually. It currently operates 19 aircraft, including two Boeing 787-9s. Tender evaluation assigns 25 percent to technical criteria and 75 percent to financial capability.
Biman reissues tender to dry-lease three Boeing 787-9 Dreamliners for 72 months
Saudi Arabia has imposed tighter scrutiny and controls on bank transfers to the United Arab Emirates, causing delays in some transactions between the two countries and the return of others, according to businesspeople. Reuters reported on August 18, 2026 that the Saudi central bank instructed several major banks to conduct additional checks on UAE-bound payments.
The Saudi central bank said no direct sanctions had been imposed on any specific country. Several businesspeople said their transfers to the UAE had recently been held up or delayed, with some transactions that previously took days now requiring weeks. Sources said Saudi banks are asked to apply extra caution to high-risk countries or regions to prevent money laundering, terrorist financing and other financial crimes, and claimed similar enhanced monitoring had been introduced for the UAE.
A UAE official said authorities had received no private-sector complaints about unusual delays in banking transactions and stressed the countries' longstanding trade and investment ties. Competition between Riyadh and Abu Dhabi has increased in recent years over oil production, regional influence, foreign investment and regional headquarters. Regional financial-sector sources said the scrutiny could signal rising tensions, though analysts considered a major economic split unlikely because of close commercial links.
Saudi scrutiny of UAE-bound bank transfers causes reported delays and returned transactions
Turkey has moved from heavy dependence on foreign weapons and military equipment to producing its own fighter jets, drones, warships, missiles, tanks and advanced defense technologies, according to a report published on August 18, 2026. Ankara is also strengthening its position among major global arms exporters. The number of defense companies has risen from 56 in 2002 to more than 4,500, while defense projects increased from 62 to nearly 1,400.
The total value of those projects has grown from $5.5 billion to more than $100 billion. Defense and aerospace exports rose from $248 million in 2002 to $10.05 billion in 2025. During the first seven months of this year, Turkey exported $5.79 billion in military and aerospace goods, with an annualized figure of about $11.2 billion through July. The report says Turkey is now the world’s 11th-largest defense exporter.
Baykar’s Bayraktar TB2, Akinci and Kizilelma drones feature prominently in the country’s defense development. Turkish Aerospace’s KAAN fighter first flew in February 2024, and Indonesia has agreed to buy 48 aircraft, the report said. Domestic technology use has exceeded 85 percent, while Turkish defense products are exported to about 185 countries.
Turkey expands domestic defense production and exports, approaching the world's top 10 arms exporters
Bangladesh Commerce Minister Khandaker Abdul Muktadir said discussions are needed to restore Bangladesh-India trade to its previous normal state following recent commercial restrictions. At a meeting with a Confederation of Indian Industry delegation at the Secretariat on August 18, he said he expected positive progress on the matter within the next few months. The delegation was led by CII Director General Chandrajit Banerjee.
The minister stressed using geographic proximity to expand bilateral trade, investment and industrial cooperation. He said a normal trade environment, removal of commercial barriers, easier visas and private-sector participation were needed for a long-term economic partnership. The meeting also addressed visa complications for businesspeople and professionals, with the minister calling for cooperation on longer-term visas for regular travelers.
CII proposed two joint task forces: one for private infrastructure investment and public-private partnerships, and another for cooperation in semiconductors, green hydrogen, battery storage and data centers. It also expressed interest in FMCG investment, including an integrated factory near Dhaka, and raised local production, energy-efficient technology tariffs, internships for Bangladeshi youth and visa support for Bangladeshi engineers working in third countries.
Bangladesh hopes for progress in restoring normal trade with India within months
A series of strong earthquakes in Indonesia, Colombia and Mexico over the past month has raised questions about whether the world is experiencing more earthquakes than before. Three earthquakes of magnitude 7 or higher struck those countries, while Venezuela had two major earthquakes within seconds of each other in June. However, data available through mid-August 2026 indicate that recent activity remains within normal fluctuations rather than showing an unusual long-term increase.
From 2016 to 2025, the world recorded an average of 133 earthquakes of magnitude 6 or higher each year. There were 99 such earthquakes in 2024, compared with a high of 157 in 2021. By mid-August this year, 91 magnitude-6-or-higher earthquakes had been recorded worldwide, including 11 of magnitude 7 or above. Scientists say the pace is slightly higher than the recent decade but not abnormal, and no magnitude 8 or 9 mega-earthquake has occurred this year.
USGS data show that about 20,000 earthquakes are recorded globally each year, or roughly 55 a day, though most are too weak to be felt. Damage also depends on depth, proximity to populated areas, building quality and soil conditions. Scientists cannot precisely predict timing, but risk assessment, stronger construction and early-warning systems can help save lives.
Long-term data show no unusual rise in powerful earthquakes despite recent major tremors
Prime Minister Tarique Rahman said the government will create a supportive environment for honest and skilled officials in the revenue sector. He made the remarks on Tuesday morning, August 18, at the Bangladesh-China Friendship Conference Centre in the capital while addressing the Revenue Conference 2026 as chief guest. He said the government’s objective is to move forward by taking everyone along.
The conference was jointly organised by the Internal Resources Division of the Finance Ministry and the National Board of Revenue. Senior officials of the National Board of Revenue and other relevant officials attended the event. The prime minister’s remarks highlighted the government’s stated commitment to supporting integrity and competence among revenue-sector officials.
The report did not specify any new programme, implementation process or timetable for creating the proposed supportive environment. It also did not provide further details of measures to be taken in the revenue sector. The event brought together senior NBR officials and related personnel under the joint initiative of the Internal Resources Division and the NBR.
Government pledges a supportive environment for honest, skilled revenue officials
Bangladesh’s long-awaited ninth national pay scale for government employees has reached its final stage, with reports submitted by a secretary-level committee and a committee preparing recommendations for the Bangladesh Judicial Service Pay Commission. The new structure will be implemented after cabinet approval. Finance Minister Amir Khasru Mahmud Chowdhury said the government aims to put the pay scale into effect within the current year, while noting that further review and discussion are needed before final approval.
The planned rollout will take place in two stages. Basic salaries would be implemented first, followed by possible adjustments to house rent, medical, festival and other allowances. The secretary-level committee recommended increases of up to 100 percent in basic pay, reducing the Pay Commission’s earlier recommendation of increases between 100 and 140 percent. It also proposed comparatively larger pay increases for employees in lower grades.
The proposal would raise the minimum basic salary from Tk 8,250 to about Tk 17,000-20,000 and the top salary from Tk 78,000 to about Tk 160,000, although the figures could change during cabinet approval. The 2026-27 budget allocates Tk 89,836 crore for salaries and allowances and Tk 141,434 crore including pensions and gratuities. Judicial Service pay arrangements will also be coordinated in the decision.
Bangladesh plans to implement its ninth pay scale in two stages this year, pending cabinet approval
Disney has released the first footage from “Frozen 3,” the third installment of the popular animated franchise, with a theatrical release planned for November 24, 2027. The preview was shown recently at Disney’s D23 fan event, attended by Kristen Bell and Idina Menzel, the voices of Anna and Elsa. Bell said the two sisters will embark on the biggest adventure of their lives in the new film.
A central attraction of the story will be the long-awaited royal wedding of Anna and Kristoff, bringing a festive atmosphere to Arendelle. The footage also hints at the possibility of romance in Olaf’s life. But the celebration is disrupted when a mysterious new character appears on the way to the wedding in a snow-covered, rugged mountain area.
The character tells the sisters, “The two sisters of Arendelle, at last we meet,” signaling a new conflict. Menzel, Bell, Josh Gad and Jonathan Groff return as Elsa, Anna, Olaf and Kristoff. The film was initially planned for release in 2026 but was delayed by a year. Gad said the filmmakers do not want to rush and aim to preserve the story and emotion of the first two films.
Disney previews Frozen 3, teasing Anna and Kristoff’s wedding and a mysterious new villain
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