Bangladesh’s National Board of Revenue (NBR) has made online income tax return filing mandatory for individual taxpayers from fiscal year 2025–26, implemented through local tech firm Synesis IT. However, NBR has yet to sign a formal contract with the company, despite the system handling sensitive taxpayer data. Officials and experts have voiced concern over potential legal and data security risks arising from this contractless arrangement.

Synesis IT developed the online return software under a European Union grant that expired in mid-2024, after which the firm continued service without payment. NBR Chairman Abdur Rahman Khan acknowledged the absence of a contract, citing lengthy government procurement procedures. Synesis officials said they have repeatedly requested a formal agreement, warning of financial strain from providing unpaid services. Some NBR insiders expressed surprise that a mandatory national service operates without a legal framework.

The situation highlights governance and accountability gaps in Bangladesh’s digital tax modernization. While the system has reduced corruption and improved taxpayer convenience, unresolved contracting issues could expose the government to future legal and financial complications if not promptly addressed.

The Bangladesh government has approved the purchase of 37.5 million liters of edible oil from international sources and 10 million liters locally to prevent an artificial shortage during the upcoming Ramadan. Additionally, 10,000 tons of lentils will be procured. The total cost for the oil purchase is estimated at Tk 642.45 crore, while lentil procurement will cost Tk 72.20 crore. The Trading Corporation of Bangladesh (TCB) will distribute these products nationwide.

The approval came during a meeting of the Cabinet Committee on Government Purchase chaired by Economic Adviser Dr. Salehuddin Ahmed. The imports include 20 million liters of soybean oil from Nigeria’s Vidok Farms and Exports Ltd, 12.5 million liters from the U.S.-based Stewart Klobanu Gerhard, and 5 million liters from Malaysia’s C Millennium Trade Sdn Bhd. Locally, one crore liters of rice bran oil will be sourced through open tender from three domestic firms.

Officials stated that the oil will be sold through TCB at prices lower than the government-fixed retail rate but higher than the procurement cost, ensuring no subsidy burden. The move aims to stabilize market prices and ensure adequate supply during the fasting month.

The Ministry of Primary and Mass Education of Bangladesh has officially upgraded the pay grade of all government primary school head teachers from the 11th to the 10th grade, granting them gazetted officer status. The new salary scale starts at BDT 16,000 and rises to BDT 38,640, replacing the previous range of BDT 12,500 to BDT 30,230. The gazette notification, signed on December 15 and published on December 23, affects 65,502 head teachers nationwide.

The decision follows a long legal and administrative process, including approval from the Ministry of Public Administration, the Finance Division, and the Administrative Development Secretary Committee. It also complies with a Supreme Court ruling that recognized head teachers as second-class gazetted officers. Untrained head teachers must complete Basic Training for Primary Teachers (BTPT) within 18 months.

The government expects the move to enhance financial security and social recognition for head teachers, motivating them to improve primary education quality. Meanwhile, assistant teachers—currently in the 13th grade—continue to press for an upgrade to the 11th grade, a proposal now under review by the National Pay Commission.

Jamuna Bank PLC has inaugurated its 170th branch in Naria, Shariatpur, reaffirming its commitment to modern and accessible banking services. The inauguration ceremony was attended by Additional Managing Director and COO Md. Abdus Salam as chief guest, with Md. Abdus Sobhan, Head of NRB Banking, Foreign Remittance, and Operations, presiding over the event. Local representatives, business leaders, and customers were also present.

Speakers highlighted the importance of remittances from Europe, particularly Italy, where a large Bangladeshi expatriate community contributes significantly to the national economy. Jamuna Bank emphasized its global remittance partnerships that ensure secure and fast fund transfers to beneficiaries in Bangladesh.

The new Naria branch is expected to enhance financial inclusion in the region, making banking services more efficient for residents and supporting the growing flow of remittances from abroad. The expansion aligns with the bank’s broader strategy to strengthen rural and semi-urban financial networks across the country.

The Executive Committee of the National Economic Council (ECNEC), chaired by Chief Adviser Professor Dr. Muhammad Yunus, has approved a Tk 576.90 crore project to upgrade and modernize Hajee Mohammad Danesh Science and Technology University (HSTU) in Dinajpur. The project, sanctioned for the 2025–26 fiscal year, aims to strengthen academic, administrative, and research infrastructure while promoting a technology-driven learning environment.

According to Professor Dr. Moniruzzaman Bahadur, Director of Planning, Development, and Works at HSTU, the initiative includes the construction of a 12-story academic building, new dormitories, residential facilities for faculty and staff, and expansions of the administrative and medical centers. It also covers internal roads, drainage, substations, water supply systems, and boundary walls.

Officials expect the project to alleviate accommodation shortages, enhance research capacity, and elevate the university’s academic environment to international standards. Implementation is anticipated to begin in the upcoming fiscal cycle, with long-term benefits for higher education infrastructure in northern Bangladesh.

Bangladesh’s Executive Committee of the National Economic Council (ECNEC) has approved 22 new development projects totaling Tk 46,419 crore (approximately USD 4.2 billion). The approval came during the committee’s 18th meeting under the interim government, chaired by Chief Adviser and ECNEC Chairperson Dr. Muhammad Yunus at the NEC Conference Room in Dhaka. The Planning Ministry confirmed the decision in an official statement following the meeting.

Of the total allocation, Tk 30,482 crore will come from government funds, Tk 1,689 crore from project loans, and Tk 14,247 crore from implementing agencies’ own resources. This marks the seventh ECNEC meeting of the 2025–26 fiscal year, reflecting the government’s continued focus on infrastructure and socio-economic development despite the political transition.

Officials noted that the newly approved projects span key sectors including transport, energy, and rural development. Economists expect the investments to stimulate employment and regional connectivity, though they cautioned about ensuring transparency and timely implementation to maximize impact.

Amazon has revealed that it blocked more than 1,800 job applications linked to North Korean workers attempting to secure IT positions within the company. Chief Security Officer Stephen Schmidt stated on LinkedIn that these applicants often operate remotely through U.S.-based 'laptop farms'—computers controlled from abroad to bypass sanctions and conceal their true identities. He warned that the issue extends beyond Amazon and is likely widespread across the technology industry.

According to Schmidt, the number of North Korean job seekers has increased by nearly one-third over the past year. Indicators of such applicants include irregular phone number formats and falsified academic credentials. The revelation follows a U.S. case in July where an Arizona woman was sentenced to eight years in prison for helping North Koreans secure jobs at about 300 American firms, generating $17 million in illegal revenue.

Security experts note that North Korea’s cyber operations increasingly target Western companies to funnel foreign currency into state programs. Analysts expect tighter corporate screening and government coordination to counter these covert employment schemes.

Vince Zampella, the co-creator of the globally acclaimed video game series ‘Call of Duty,’ has died in a car accident near Los Angeles. Electronic Arts (EA) confirmed his death on Monday, stating that the 55-year-old gaming pioneer was driving his Ferrari on a mountainous road north of the city when the crash occurred on Sunday.

According to the California Highway Patrol (CHP), the vehicle veered off the road for unknown reasons, struck a concrete barrier, and caught fire. Both Zampella and a passenger sustained critical injuries and later died. Eyewitnesses shared footage on social media showing the burning red Ferrari at the crash site. Authorities are still investigating the cause of the accident.

Zampella was widely regarded as a trailblazer in first-person shooter gaming, having co-founded studios responsible for several of the best-selling titles in history. His death marks a major loss for the global gaming community, with tributes pouring in from fans and industry peers worldwide.

A capacity-building workshop on preventing technology-facilitated gender-based violence (TFGBV) was held in Kushtia, Bangladesh, organized by the Bangladesh NGOs Network for Radio and Communication (BNNRC). The event, held on Monday, brought together 32 representatives from local civil society organizations and NGOs to discuss strategies for combating digital and gender-based violence.

Speakers included Kushtia Department of Social Services Assistant Director Md. Murad Hossain and BNNRC Chief Executive Officer A.H.M. Bazlur Rahman. They emphasized that both women and men can be victims of TFGBV and highlighted the importance of collective community action. Participants stressed that awareness among families, teachers, and students is essential to build safer digital and physical environments.

The workshop underscored the need for coordinated efforts involving government agencies, educational institutions, and community stakeholders. Organizers called for sustained awareness campaigns in schools and families to ensure long-term prevention and support mechanisms against gender-based violence in the digital era.

Renowned Bangladeshi singer Munayem Billah, known for his hit ‘Meherban,’ has released a new song titled ‘Koti Hadir Dak,’ inspired by the memory and revolutionary spirit of martyr Sharif Osman Hadi. The song was officially launched on December 22 on Billah’s YouTube channel, marking his return to music after a long hiatus. The release quickly drew attention for its emotional depth and patriotic resonance.

Billah described the song as more than just a musical piece, calling it a tribute to Hadi’s ideals and a symbol of national unity. The lyrics were penned by poet Zia Haque, with composition by Abu Ubaida and sound mastering by Sharif Mahmud. Haque noted that the song breaks from conventional styles, combining powerful lyrics and melody to create a complete artistic work.

Following the success of Haque’s previous song ‘Hadi Tui Fire Ay,’ which surpassed two million views within a week, producers expect ‘Koti Hadir Dak’ to achieve similar acclaim as a modern revolutionary anthem.

Bangladesh Bank has directed that the shares of five Shariah-based banks undergoing merger be valued at zero, citing negative net asset values. The affected institutions—First Security Islami Bank, Social Islami Bank, Global Islami Bank, Union Bank, and EXIM Bank—received official letters instructing them to nullify their paid-up capital under the Bank Resolution Ordinance 2025. The central bank stated that the decision followed an assessment showing each bank’s equity had turned negative.

Executive Director and spokesperson Arif Hossain Khan confirmed that the order does not require approval from the Dhaka or Chittagong stock exchanges or the Registrar of Joint Stock Companies. Governor Ahsan H. Mansur earlier explained that shareholders would not receive stakes in the newly formed Combined Islami Bank PLC, as each share’s net asset value had fallen between Tk 350 and Tk 420 below zero.

The move effectively wipes out shareholder equity, leaving investors facing heavy losses. Trading of the banks’ shares remains suspended, while the newly licensed Combined Islami Bank PLC begins operations as the country’s largest state-owned Shariah-compliant bank.

China has reportedly discovered an enormous undersea gold deposit off the coast of Laizhou in Shandong province, which local media describe as Asia’s largest underwater gold mine. The find, located near Yantai, is estimated to contain over 3,900 tons of gold, accounting for roughly 26 percent of China’s total reserves. While the central government has yet to confirm the discovery, reports from the South China Morning Post suggest the actual volume may exceed initial estimates.

The discovery follows a series of major gold finds across China, including deposits in Liaoning and Xinjiang provinces. The China Gold Association notes that China remains the world’s top gold ore producer, with 377 tons mined last year. However, it still trails South Africa, Australia, and Russia in total reserves. Geological teams have increasingly used artificial intelligence, high-powered radar, and satellite imaging to locate new mineral resources.

Analysts believe this discovery could strengthen China’s position in global gold markets and reduce import dependency. The government’s ongoing investment in exploration—totaling about 4.5 trillion yuan since 2021—signals a strategic push to secure critical resources amid global economic uncertainty.

Bangladesh’s Shipping Adviser Brigadier General (Retd.) Dr. M Sakhawat Hossain has called for dismantling entrenched systems surrounding the nation’s ports, alleging that a long-standing mafia network continues to dominate operations. Speaking at the 48th annual general meeting of the Bangladesh Shipping Corporation (BSC) in Chattogram, he said the same group of officials and business figures have maintained control for decades, hindering reform and innovation.

Hossain highlighted that BSC has achieved its highest net profit in its 53-year history, a milestone that has emboldened the corporation to invest in new vessels. He emphasized that such financial strength should be used to modernize management and bring in new leadership. The meeting was also attended by Shipping Ministry Secretary Dr. Nurun Nahar Chowdhury.

The adviser’s remarks signal growing government intent to reform port governance and curb corruption. Analysts suggest that implementing structural changes could improve efficiency and transparency in Bangladesh’s maritime trade sector.

The Bangladesh Garment Buying House Association (BGBA) held its Annual General Meeting (AGM) on Saturday night at Uttara Club in Dhaka. The event was attended by BGBA members and key guests including founding president Kaiyum Reza Chowdhury, Director General of the Department of Textiles Md. Shahidul Islam, NBR First Secretary Shahriar Hasan, and Adnan Masud, AMD of United Commercial Bank PLC. The meeting began with a moment of silence for the late Sharif Osman Hadi, followed by prayers led by BGBA Treasurer Fazlul Haque Saeed.

Presided over by BGBA President Mofazzal Hossain Pavel, the AGM reviewed the association’s 2024–25 financial audit and discussed progress on previous initiatives. Secretary General Md. Zakir Hossain presented the annual report, while members raised questions and offered recommendations for organizational improvement. Pavel noted that after a High Court ruling, multiple AGMs had been consolidated in 2024, and the 2025 session marked a return to the regular calendar cycle. He expressed optimism for continued unity and thanked all members, committees, and donors for their support.

Dhaka’s Metro Rail authority has launched an online recharge system for Rapid Pass and MRT Pass cards, allowing passengers to top up their travel cards without visiting station counters. The new service, accessible through the website rapidpass.com.bd, supports payments via major digital platforms including bKash, Nagad, Rocket, and credit cards. This move aims to reduce long queues at metro stations and enhance commuter convenience in the traffic-congested capital.

According to the announcement, users can register online, log in, and recharge between Tk 100 and Tk 5,000. bKash users can receive up to Tk 100 cashback on transactions. Each card can have only one pending recharge at a time, and refunds are subject to a 5% service charge. The refund process is currently suspended.

Officials expect the online system to streamline fare management and encourage digital payment adoption among commuters. The initiative aligns with Bangladesh’s broader push toward smart urban transport and cashless mobility solutions.