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The Bangladesh Securities and Exchange Commission (BSEC) has imposed financial penalties on the chairmen, directors, and senior officials of three publicly listed companies for breaching securities laws. The decision was made at a commission meeting held on May 19, 2026, chaired by BSEC Chairman Khondkar Rashed Maksud, and announced through a press release on May 21.

Khan Brothers PP Woven Bag Industries was fined for providing false information in its audited financial statements for the fiscal year ending June 30, 2023. Its chairman, managing director, and three directors were each fined Tk 2.5 million, while the chief financial officer and company secretary received smaller fines. Genex Infosys faced penalties for failing to distribute a declared 3 percent cash dividend for the fiscal year ending June 30, 2024, within the stipulated time. Aftab Automobiles was ordered to pay outstanding dividends within 30 days or face additional fines, including daily penalties for delays.

The BSEC’s actions underscore its ongoing enforcement of compliance standards among listed companies to protect investors and ensure transparency in Bangladesh’s capital market.

22 May 26 1NOJOR.COM

BSEC fines executives of three listed firms for violating securities laws in Bangladesh

Rajshahi University of Engineering and Technology’s (RUET) rover research and innovation team, Team Agrodut, has achieved 13th place globally in the Anatolian Rover Challenge 2026 (ARC 2026). The team also earned one of the highest design scores, securing 48.59 out of 50. The main phase of the competition will be held from July 29 to August 2 at the Middle East Technical University (METU) campus in Ankara, Turkey, where rover teams from around the world will participate.

Founded in 2017, Team Agrodut has consistently represented Bangladesh in international rover and space robotics competitions. It previously ranked sixth in the 2018 Indian Rover Challenge, 27th in the 2019 European Rover Challenge, and 11th globally in the 2023 International Rover Design Challenge, where it was Bangladesh’s top team. The group also reached the semifinals of IRDC 2025 and the finals of IRC 2025.

Beyond competitions, the team developed a bomb disposal robot for the Bangladesh Army in 2024, reflecting its practical engineering expertise. Team Agrodut aims to advance autonomous rover technology and inspire young innovators while preparing for future global contests.

22 May 26 1NOJOR.COM

RUET’s Team Agrodut ranks 13th globally for Anatolian Rover Challenge 2026 in Turkey

Sri Lanka’s tea industry is facing a severe crisis as the Iran war drives up fuel prices and reduces global demand for exports. Tea workers in the Hatton region, such as Jasintha Malar from the Dunkeld estate, told Reuters they are struggling to cope with rising living costs. With cooking gas prices soaring, many families have turned to firewood, while declining exports have left workers in deep uncertainty.

According to the Export Development Board (EDB), Sri Lanka’s tea export earnings fell by 17.3 percent in March compared to the same month last year, dropping to 114.75 million dollars. Demand from Iraq, the country’s largest buyer, declined by 38 percent, while shipments to the United Arab Emirates plunged by about 93 percent due to maritime and logistics disruptions.

Dilhan Fernando, chairman and CEO of Dilmah Ceylon Tea Company PLC, said the industry has been absorbing rising costs for some time, but fuel and logistics expenses are now driving inflation across trade routes from Colombo to Dubai and beyond.

21 May 26 1NOJOR.COM

Iran war drives fuel costs up, crippling Sri Lanka’s tea exports and workers’ livelihoods

In Raiganj upazila of Sirajganj, allegations have surfaced that fertile triple-crop farmland is being illegally excavated for soil and pond digging without administrative permission. Locals have filed written complaints to the district commissioner, upazila executive officer, and agriculture officer, demanding immediate action to stop the activity. The disputed land lies beside a government road near the MR Dakhil Madrasa in Mozammarpur mouza under Chandikona Union.

Complainants stated that influential individuals are cutting and selling soil, causing waterlogging in nearby fields and endangering the adjacent government road and residential houses. Residents warned that continued excavation could damage the road, threaten homesteads, and reduce agricultural productivity, leading to financial losses for farmers and the state.

Upazila Agriculture Officer Md. Mominul Islam said the matter would be investigated on-site and coordinated with the administration to protect the farmland. Upazila Executive Officer Abdul Khalek Patwari confirmed receiving the complaint and assured that necessary measures would follow after investigation.

21 May 26 1NOJOR.COM

Locals allege illegal soil cutting from triple-crop farmland in Raiganj; officials promise investigation

Indian Prime Minister Narendra Modi met Italian Prime Minister Giorgia Meloni in Rome, where he humorously gifted her a packet of 'Melody' chocolate-caramel toffees made by Parle Products. Following Meloni’s sharing of the gift video on social media, the clip quickly went viral, sparking a wave of online memes combining their names as 'Melody'.

Within minutes of the video’s circulation, investors on Dalal Street began searching for 'Parle' on the Bombay Stock Exchange and rushed to buy its shares. However, they mistakenly purchased shares of Parle Industries, a company unrelated to Parle Products, which actually manufactures Melody toffees but is not publicly listed. Parle Industries operates in infrastructure, housing, paper, and recycling sectors.

Despite a broader market downturn due to global concerns over the Iran war, Parle Industries’ share price rose by 5 percent within an hour of the video’s release, climbing from 4.95 to 5.25 rupees. The company’s stock, which had fallen 68 percent over the past year, briefly rebounded thanks to the viral diplomatic moment.

21 May 26 1NOJOR.COM

Viral 'Melody' gift from Modi to Meloni sparks mistaken stock surge in India

An opinion piece published on May 21, 2026, in Bangladesh’s newspaper Amar Desh warns that the country’s sacrificial animal leather sector has long been dominated by a manipulative syndicate. The article states that this group artificially lowers prices, controls the market, and deprives grassroots collectors, pushing the industry toward severe crisis. Once sold for several thousand taka, hides are now often sold for only a few hundred, with many left unsold or discarded, causing major economic and social losses.

The report highlights that Qawmi madrasas and orphanages, which rely heavily on proceeds from collected hides, are among the worst affected. Many institutions have reduced or stopped collection due to persistent losses. The author argues that government-fixed prices have historically favored syndicates, leaving collectors unable to recover even preservation costs. As a result, intermediaries profit while religious and charitable organizations suffer.

The article urges the government to set realistic prices, dismantle syndicates, and provide direct support for madrasas and orphanages to sell hides fairly, calling for urgent and visible action to protect this vital national resource.

21 May 26 1NOJOR.COM

Syndicate control cripples Bangladesh’s leather trade and hurts orphanage funding

Bangladesh’s key Boro rice crop has suffered major losses due to sudden flash floods in the haor regions, submerging thousands of acres of farmland. Farmers report yields less than half of last year’s levels, with poor grain quality adding to their distress. The disaster has sparked concerns over food security and potential pressure on the rice market, as Boro typically supplies more than half of the nation’s rice demand.

Agriculture officials have disputed the scale of the damage, estimating losses at 10–12 percent of total demand, while field data suggest up to 30 percent losses in some areas. The government has set a procurement target of 1.9 million tons of food grains, including 500,000 tons of paddy directly from farmers, but collection remains behind schedule. Economists warn that the shortfall could force rice imports if domestic stocks fall short.

Experts note that climate change is increasing flood risks in haor areas, urging investment in flood-tolerant rice varieties, crop insurance, and faster harvesting systems to prevent recurring crises.

21 May 26 1NOJOR.COM

Flash floods slash Boro rice yields, raising food security and market pressure concerns

Bangladesh’s private sector investment and credit growth have sharply declined, leading to the slowest GDP expansion in five years. According to Bangladesh Bank data, private sector credit growth fell to 4.72 percent in March 2026, the lowest in the country’s history. Private investment dropped to 22.03 percent of GDP in the 2024–25 fiscal year, the weakest ratio in a decade. The Bangladesh Bureau of Statistics reported GDP growth at 3.49 percent, down from 4.22 percent the previous year.

The slowdown follows prolonged political unrest, factory shutdowns, and persistent energy shortages. A contractionary monetary policy has kept interest rates high, further discouraging borrowing. Despite a change in government after the 2024 uprising, economic conditions have not improved significantly. Bangladesh Bank officials described the credit contraction as disappointing but noted government efforts to reopen closed factories.

Economists warned that without a supportive investment environment, job creation and GDP growth will remain constrained. They identified high lending rates, energy crises, and global instability as key obstacles to recovery.

21 May 26 1NOJOR.COM

Private investment slump drags Bangladesh GDP growth to lowest level in five years

After two consecutive days of decline, international oil prices rose again as concerns over supply disruptions intensified due to uncertainty surrounding the conflict situation involving Iran, the United States, and Israel. The increase took effect from midnight Wednesday, with Brent crude climbing by 81 cents, or 0.77 percent, to reach 105.83 dollars per barrel. At the same time, U.S. West Texas Intermediate (WTI) crude rose by 97 cents, or 0.99 percent, to trade at 99.23 dollars per barrel.

The renewed upward movement in oil prices was driven by fears of reduced global reserves, as U.S. crude inventories declined and doubts persisted over a possible ceasefire involving Iran. These factors have placed supply concerns at the center of global energy market discussions.

Analysts cited in the report noted that the combination of geopolitical tension and falling stockpiles has reinforced volatility in the oil market, suggesting continued uncertainty in near-term pricing trends.

21 May 26 1NOJOR.COM

Oil prices rise again amid Iran conflict uncertainty and falling U.S. crude reserves

UAE-based company Dnata has expressed interest in managing ground handling operations at the third terminal of Hazrat Shahjalal International Airport in Dhaka. The matter was raised by UAE Ambassador to Bangladesh Abdullah Ali Abdullah Al Hamoudi during a courtesy meeting with Civil Aviation and Tourism Minister Afroza Khanom and State Minister M Rashiduzzaman Millat at the Secretariat on Thursday.

The meeting emphasized strengthening bilateral relations between Bangladesh and the United Arab Emirates, with detailed discussions on aviation and tourism sector development and mutual cooperation. Ambassador Al Hamoudi reiterated Dnata’s interest in the third terminal’s ground handling, while State Minister Millat stated that preparations for the terminal’s launch are ongoing and that the government will make necessary decisions once ORAT activities are fully underway.

Minister Afroza Khanom affirmed the government’s readiness to take all necessary steps to improve passenger services and upgrade airports to international standards. The UAE ambassador also expressed his country’s willingness to work closely with Bangladesh’s current government and expand cooperation in aviation and tourism.

21 May 26 1NOJOR.COM

UAE’s Dnata shows interest in ground handling at Shahjalal Airport’s third terminal

The Indian rupee has depreciated by about 10 percent against the Bangladeshi taka over the past year, according to data cited on May 21, 2026. The currency also fell 11.86 percent against the Pakistani rupee during the same period, while its exchange rate against the US dollar dropped to 96.96. Analysts attribute the rupee’s broad decline to global economic uncertainty, high crude oil prices, and reduced foreign investment inflows.

Experts note that India’s heavy reliance on imported energy has made its currency vulnerable to rising oil prices, which increase import costs. The situation has been compounded by stalled US-Iran peace talks and higher international bond yields, prompting investors to withdraw funds from emerging markets like India. This has further tightened foreign exchange liquidity and pressured the rupee.

Economists warn that the rupee’s depreciation could raise living costs by making overseas education, travel, and imported goods more expensive. If import expenses continue to outpace export earnings and capital inflows, India’s current account deficit may deepen. Analysts expect short-term volatility to persist if oil prices remain high and global investors continue seeking safer assets.

21 May 26 1NOJOR.COM

Indian rupee drops 10% against taka amid oil price surge and global uncertainty

Bangladesh’s Minister for Road Transport and Bridges, Railways, and Shipping, Sheikh Robiul Alam MP, held a meeting with a delegation from the Japan International Cooperation Agency (JICA) to enhance cooperation in infrastructure development and modernization of the communication system. The meeting took place on Thursday at the minister’s office in the Bangladesh Secretariat, with State Minister Habibur Rashid MP and JICA Bangladesh Chief Representative Takahashi Junko in attendance.

Discussions focused on ongoing development activities in Bangladesh’s road, bridge, railway, and water transport sectors, emphasizing sustainable infrastructure construction, use of modern technology, and future collaboration. Minister Sheikh Robiul Alam highlighted the government’s commitment to making the transport sector more modern, safe, and internationally competitive, acknowledging JICA’s long-standing support in achieving these goals.

The JICA delegation expressed interest in continuing its partnership in Bangladesh’s infrastructure development and assured stronger cooperation in future development projects.

21 May 26 1NOJOR.COM

Bangladesh and JICA agree to expand cooperation in infrastructure and transport development

A boat carrying 467 sacks of rice allocated under the Vulnerable Group Feeding (VGF) program sank in Fulchhari upazila of Gaibandha on Thursday morning. The incident occurred around 8 a.m. at the Balashi Ghat area while the rice was being transported to the Erendabari Union Parishad.

According to Erendabari Union Parishad Panel Chairman Saidur Rahman, the rice sacks were loaded onto the boat for delivery to the union council, but the vessel capsized due to adverse weather conditions. Upazila Nirbahi Officer Md Mostafizur Rahman confirmed that efforts were underway to recover the sunken rice sacks.

Authorities have not yet provided details on the extent of the loss or whether any further assistance will be required for the affected distribution program.

21 May 26 1NOJOR.COM

Boat with 467 VGF rice sacks sinks in Fulchhari amid rough weather

Bangladesh’s Agriculture Minister Mohammad Amin Ur Rashid has advised farmers and exporters to exercise caution in using pesticides to ensure safe food exports. He made the remarks on Thursday while inaugurating the mango export season at the Bangladesh Agricultural Research Council auditorium in Dhaka. The event marked the formal launch of mango exports for the current season under the Department of Agricultural Extension’s ‘Exportable Mango Production Project’.

The minister said mango is one of Bangladesh’s most promising exportable agricultural products, though the country has yet to reach its desired position in the global market. He noted that Bangladesh currently exports mangoes to 38 countries, including China, following a 2024 export agreement. Malaysia, Japan, and several other countries have also shown interest in importing Bangladeshi mangoes. Officials and experts at the event emphasized that improving production and processing quality would strengthen the value chain and benefit farmers financially.

Project officials reported that 41.5 metric tons of mangoes have already been exported this season to destinations including Italy, Sweden, Canada, and Gulf countries. They expressed optimism that with affordable air freight and sufficient cargo space, Bangladesh could achieve record mango exports this year.

21 May 26 1NOJOR.COM

Minister urges careful pesticide use to ensure safe mango exports from Bangladesh

A research team from Hajee Mohammad Danesh Science and Technology University (HSTU) in Dinajpur has demonstrated that potato cultivation can achieve conventional yields using only half the recommended amount of urea and phosphate fertilizers. The study, led by Associate Professor Dr. Md. Azizul Haque from the Department of Biochemistry and Molecular Biology, used a consortium of endophytic bacteria in field trials on the Granula potato variety. The method required no chemical pesticides, fungicides, or hormones, yet produced disease-free and high-quality potatoes.

The research found that endophytic bacteria enhanced antioxidant activity in potato leaves and roots, strengthening natural disease resistance and increasing microbial diversity in soil and plants. A participating farmer reported reduced costs and doubled profits per bigha compared to conventional methods. BRAC Microfinance, which funded the project, noted that the potatoes had stronger skins and longer natural storage life, improving marketability and food security.

According to experts, the innovation aligns with UN Sustainable Development Goals on sustainable agriculture, responsible production, climate action, and ecosystem conservation. Researchers hope broader field testing will confirm its potential for other crops and promote eco-friendly, cost-effective farming across Bangladesh.

21 May 26 1NOJOR.COM

Bangladeshi scientists cut fertilizer use by half in potato farming using beneficial bacteria


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