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Officials and employees of Bangladesh Bank have warned they will begin a symbolic pen-down strike from Thursday if their demands, including withdrawal of show-cause notices and transfers of three officials, are not met. The announcement came Wednesday during a protest meeting held under the banner of the Bangladesh Bank Officers’ Welfare Council at the central bank’s 30-storey building. Council president A.K.M. Masum Billah declared that if the demands remain unfulfilled, they will escalate their movement to demand the resignation of Governor Dr. Ahsan H. Mansur.
Speakers at the protest accused the governor of authoritarian behavior and ignoring repeated appeals from staff. They alleged that contractual appointments have increased while effective economic policies remain absent, and that the governor’s remarks have negatively affected the banking sector. Director and assistant spokesperson Shahriar Siddiqui and executive director Mofizur Rahman Khan Chowdhury both urged the governor to accept the employees’ legitimate demands.
If the issues are not resolved by Thursday, officials plan to hold further discussions on Sunday to decide their next course of action.
Bangladesh Bank staff warn of strike demanding governor’s resignation over alleged authoritarian actions
Erosion has begun along the eastern bank of the Jamuna River in Jotpara area of Chauhali upazila, Sirajganj, as water levels start to recede. The erosion, reportedly caused by the movement of sand-laden bulkheads, has put a Tk 107 crore embankment built in 2016 by the Tangail Water Development Board at serious risk. Local residents have staged repeated protests demanding a halt to bulkhead movement to protect the riverbank and the upazila headquarters.
According to the report, over 500 homesteads and farmlands, as well as the upazila parishad, educational institutions, union councils, and local markets, are under threat. The area remains geographically isolated due to poor communication and recurring river erosion. Residents claim that unrestricted bulkhead traffic is the main cause of the current erosion.
Authorities have intervened to stop bulkhead movement after locals gathered to block the river route. Police and administrative officials confirmed that operations were halted, though a few bulkheads remain stranded due to navigability issues.
Jamuna erosion endangers Tk 107 crore embankment in Chauhali, bulkhead movement halted
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has requested a Tk 14,000 crore soft loan from Bangladesh Bank to address a severe cash shortage ahead of Eid-ul-Fitr. The appeal was made during a meeting with Governor Ahsan H. Mansur, attended by deputy governors and BGMEA leaders. BGMEA Vice President Shihab Udduja Chowdhury said the funds are needed to cover two months of wages and bonuses for workers, and the governor responded positively to the proposal.
BGMEA cited multiple challenges, including political instability, labor unrest, the 2024 movement, election-related uncertainty, and tariff issues, which have led to seven consecutive months of negative export growth. The association also urged the release of pending export incentives worth about Tk 5,700 crore to improve cash flow. Bangladesh Bank data show that Tk 2,500 crore in incentives has been disbursed so far in fiscal year 2025–26.
BGMEA proposed that the loan be repayable over 12 months with a three-month grace period, a 7% interest rate, and expansion of the pre-shipment credit refinancing scheme to Tk 10,000 crore until 2030. The group warned that delays in payments could trigger unrest and urged swift government action to protect workers and sustain the industry.
BGMEA seeks Tk 14,000 crore soft loan to pay wages and bonuses before Eid
Farmers under the Aricha Kashadah Irrigation Project in Shibalaya, Manikganj, are facing fears of an irrigation crisis during the peak Irri-Boro cultivation season. The concern arises after large sandbars emerged in the Jamuna River, obstructing water flow to the project area. The project, launched on December 1, 1979, by Shahid President Ziaur Rahman under a canal excavation program, initially irrigated 1,500 acres using 20 power pumps. Currently, only three pumps remain operational, barely sustaining the system.
The project, which has supported around 2,000 farmers across 12 villages for 46 years, provides low-cost irrigation with iron-free river water, preserving soil fertility. Despite government investments of about 210 million taka for canal re-excavation and infrastructure upgrades, siltation and riverbed rise have severely reduced water availability. Farmers and local leaders warn that without dredging the newly formed sandbars, Boro cultivation could halt, leading to food shortages in the area.
Shibalaya Upazila Executive Officer Monisha Rani Karmakar said the site has been inspected and priority projects will be initiated in consultation with the agriculture department to address the crisis.
Jamuna river chars threaten irrigation at historic Kashadah project in Manikganj
Severe rainfall in Brazil’s southeastern Minas Gerais state has caused devastating floods, killing at least 23 people and leaving more than 40 missing, according to local authorities. The worst-hit area is Juiz de Fora municipality, where 18 deaths have been confirmed. Rescue teams are searching for survivors trapped under mud and debris, while nearby Ubá city reported seven additional fatalities. At least 440 residents have been displaced as floodwaters and landslides destroyed homes and infrastructure.
Juiz de Fora’s mayor, Margarida Salomão, said the city experienced over 180 millimeters of rain in just four hours, triggering at least 20 landslides. She described the event as the most tragic day of her administration. Brazilian President Luiz Inácio Lula da Silva pledged full government support, emphasizing humanitarian aid, restoration of essential services, and assistance for displaced families.
The national meteorological agency warned that rainfall may continue in the coming days, potentially complicating ongoing rescue and relief operations across the affected regions.
Heavy rains in Brazil’s Minas Gerais kill 23, leave dozens missing and hundreds displaced
The government will launch the Family Card program on March 10 as part of the BNP’s election pledge, initially covering one union in each of 14 upazilas. The decision was made at a committee meeting chaired by Prime Minister Tarique Rahman at the Cabinet Division, according to Additional Press Secretary Atikur Rahman Ruman. The Prime Minister will inaugurate the program in Bogura, and the initiative will gradually expand nationwide.
After the meeting, Social Welfare Minister Dr. AZM Zahid Hossain said the program aims to empower women by providing Tk 2,500 per card. He emphasized that the distribution will be free from political or religious bias. The rollout will begin on a limited scale, expanding from one ward to full unions and eventually to all upazilas across the country.
The meeting was attended by several senior ministers and advisers, including the finance and planning minister, local government state minister, and cabinet secretary, reflecting the government’s coordinated approach to implementing the Family Card initiative.
Bangladesh to launch Family Card program giving Tk 2,500 per family from March 10
Prices of essential commodities in Rangpur city have sharply increased since the start of Ramadan, causing distress among low-income and working-class residents. Consumers allege that traders have formed syndicates to manipulate prices in the absence of effective market monitoring. Field visits to several municipal markets revealed significant price hikes in almost all Ramadan-related goods, particularly dates, chickpeas, spices, and poultry.
Buyers report that traders are charging arbitrary prices, with some varieties of dates selling two to three times higher than last month. Local traders attribute the rise to reduced supply, higher wholesale prices, and increased transport costs. The price of local chicken has doubled, while vegetables, lemons, and spices have also seen steep increases. Consumers demand stronger oversight of wholesale markets to prevent manipulation.
Officials from the Directorate of National Consumer Rights Protection stated that monitoring drives will continue throughout Ramadan, warning of fines and legal action against price gouging. The Rangpur district administration confirmed that executive magistrates are conducting inspections to ensure fair pricing for consumers.
Rangpur residents face soaring food prices during Ramadan amid syndicate allegations
In Chattogram, a total of 186 garment factories have closed over the past 18 months following the July Revolution, according to industry and police data. Of these, 111 factories were permanently shut by owners, while 76 remain temporarily closed. The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) confirmed that 19 of the closed factories were large-scale members, including six under the Well Group. Around 27,766 workers lost their jobs, though about 18,000 have since found new employment.
Investigations revealed that eight of the 19 large factories were owned by fugitive Awami League-linked businessmen who fled after the political upheaval, while nine others closed due to banking complications tied to merged and inactive banks. BGMEA officials said the sector’s recovery was hindered by financial instability and weak banking operations, despite improved trade conditions with the United States. Many large factories have shifted to subcontracting, leaving smaller units struggling for orders.
Industry Police reported that 55 more factories are now at risk, with concerns over paying wages and bonuses before Eid. Business leaders expressed cautious optimism that new government policies and revived banking operations could help the sector recover.
186 garment factories closed in Chattogram amid financial crisis and political fallout
Engineer Ramanath Pujari has officially taken charge as the new Managing Director of Bangladesh-India Friendship Power Company Limited (BIFPCL), which operates the Rampal Power Plant in Bagerhat. The appointment was announced in a company statement, confirming that he assumed the role on Tuesday.
Before this appointment, Pujari served as Project Director of the Maitree Super Thermal Power Project (MSTPP) at Rampal. He also held the position of Executive Director at India’s state-owned NTPC Limited, where he contributed to plant management, reliability improvement, efficiency enhancement, and compliance with environmental regulations. Under his leadership, the MSTPP achieved more reliable power generation and maintained environmental standards, while he also supported local social and township development initiatives.
Born in 1968 in Odisha, India, Pujari holds a BE in Mechanical Engineering from the College of Engineering and Technology, Bhubaneswar, and an MBA from MDI Gurgaon. He has additional qualifications from IIM Ahmedabad and Harvard Business School and brings about 36 years of experience in the power sector.
Indian engineer Ramanath Pujari becomes new managing director of Rampal Power Plant
Baraka Foundation has launched a low-cost iftar market aimed at supporting low-income and underprivileged people during the holy month of Ramadan. The initiative was inaugurated on Monday at the Shishu Park field in Tongibari upazila of Munshiganj. The market offers essential iftar items at significantly reduced prices, such as chickpeas at Tk 60 per kg instead of Tk 80, onions at Tk 25 instead of Tk 40, dates at Tk 200 instead of Tk 300, puffed rice at Tk 80 instead of Tk 90, sugar at Tk 80 instead of Tk 98, and soybean oil at Tk 170 instead of Tk 195. In total, six items worth Tk 950 are being sold for Tk 560.
Buyers expressed relief and appreciation for the initiative, noting that it provides real assistance to families struggling with rising food costs. Locals described the program as a positive example of social responsibility that could inspire others to take similar steps.
According to Baraka Foundation, the project is funded by local expatriates and will continue throughout Ramadan to support poor and low-income communities.
Baraka Foundation opens low-cost iftar market for low-income families in Munshiganj
Barrister Mir Ahmad Bin Kasem Arman stated that the final decision on transferring the mobile financial service provider Nagad to the private sector depends on the new government’s policy direction. He made the remarks on Tuesday after a meeting with Bangladesh Bank Governor Dr. Ahsan H. Mansur. Arman said the governor informed him that the government has not yet finalized its stance on Nagad, and investment procedures will begin only if the government decides to allow private investors to take over, as the interim administration had considered.
Arman explained that discussions on bringing foreign investment into Nagad began during the interim government period, and his meeting with the governor continued that dialogue. He clarified that he is working as a professional lawyer and local representative for foreign investors, not in his capacity as a member of parliament. He also noted that potential investors are interested in Bangladesh’s digital banking sector and have expressed willingness to conduct an audit to assess Nagad’s profitability.
Addressing concerns about conflict of interest, Arman said his legal work does not conflict with his political role, emphasizing that his political activities are for public service while his legal practice supports his livelihood.
Decision on Nagad privatization awaits new government policy, says Barrister Mir Ahmad Bin Kasem Arman
State Minister for Labour and Employment and Expatriates’ Welfare Nurul Haque Nur said the government’s top priority over the next three months is to reopen two or more closed labor markets and set fixed migration costs for certain countries. Speaking to reporters at his office in Eskaton, Dhaka, he added that recruiting agencies accused of fraud will have their licenses suspended and accountability among registered agencies will be strengthened.
He explained that Bangladesh is working to reopen labor markets in countries such as Bahrain, Oman, and Malaysia, where restrictions remain. The government has already sent a list of compliant agencies to Malaysia to meet its ten conditions. Nur also highlighted Japan as a promising destination, with an agreement to send 100,000 workers over five years, supported by language training and potential financial aid. The ministry is also considering expanding low-interest loans for skilled workers unable to afford migration costs.
The minister emphasized reducing excessive migration expenses, improving expatriate welfare, and reinstating state-funded repatriation of deceased workers’ bodies to Bangladesh.
Bangladesh to reopen closed labor markets and fix migration costs within three months
The Department of Environment has fined Bangladesh Petroleum Corporation (BPC) Tk 960,000 for illegally cutting a hill in the Joypahar residential area of Jamal Khan, Chattogram. The order was issued on Tuesday, February 24, 2026, following a hearing at the department’s Chattogram Metropolitan Office, presided over by Director Sonia Sultana.
Assistant Director Muktadir Hasan confirmed that an on-site inspection and document verification found evidence of hill cutting at the listed location. The inspection report stated that approximately 9,600 cubic feet of hill had been cut, measuring about 150 feet in length, 8 feet in width, and 8 feet in height. Under Section 6(b) of the Environment Conservation Act, 1995 (amended 2010), the act was deemed an offense, and an environmental damage assessment was conducted under Section 7, setting compensation at Tk 100 per cubic foot.
BPC representatives, including DGM S.M. Zobayer Hossain and LDA Md. Shihab Uddin, attended the hearing, while Inspector Muhammad Ashfaqur Rahman and Senior Technician Md. Omar Faruk represented the prosecution.
BPC fined Tk 960,000 for illegal hill cutting in Chattogram residential area
Water Resources Minister Md. Shahiduddin Chowdhury Annie announced that prolonged suspension of canal excavation has worsened public suffering due to irrigation shortages and waterlogging across Bangladesh. Speaking at an inter-ministerial meeting at the Secretariat on Tuesday, he said the government will take all necessary measures for public welfare and directed relevant ministries to submit action plans within three days to make the canal excavation program visible and effective.
The minister emphasized sustainable excavation, livelihood support, biodiversity conservation, and modern waste management strategies. State Minister Azad stated that under the government’s electoral pledge, 20,000 kilometers of canals will be excavated and 50 million trees planted over the next five years, with the Water Resources Ministry leading implementation. He called for a coordinated work plan for the current and upcoming fiscal years.
The meeting was attended by state ministers from the agriculture, food, fisheries, local government, and disaster management ministries, which will jointly execute the program.
Bangladesh plans 20,000 km canal excavation and 50 million trees to ease water crises
The European Union Parliament has decided not to finalize its trade agreement with the United States at this time, citing uncertainty created by former President Donald Trump’s tariff policy. The decision follows the U.S. Supreme Court’s recent annulment of Trump’s earlier tariff measures, after which Trump imposed a new 15 percent export tariff on all goods. This move has led to renewed instability in transatlantic trade relations.
A vote on U.S. industrial export tariffs was expected in the EU Parliament’s trade committee on Tuesday, but it has now been postponed. European Commission spokesperson Olof Zill stated that Brussels cannot make any decision until Washington clarifies its position. He added that the EU expects a proper explanation from the United States regarding the current developments.
The delay underscores the EU’s cautious approach to trade negotiations with the U.S. as both sides navigate the implications of shifting American trade policies and their impact on global commerce.
EU delays trade deal with U.S. over uncertainty from Trump’s new tariff policy
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