Dr. Badiul Alam Majumdar, editor of Citizens for Good Governance (SUJAN), has called for the establishment of a dedicated ministry for the Haor region to ensure sustainable development and good governance. Speaking as the chief guest at a press conference organized by SUJAN’s Sunamganj district committee at Dhaka Reporters Unity, he said the nation’s interests are tied to the development of the Haor areas and that governance problems, corruption, and lack of coordination must be addressed.

Presenting the keynote paper, SUJAN Sunamganj general secretary Fazlul Karim Saeed said multiple ministries currently handle Haor-related issues, leading to duplication, weak accountability, and poor coordination. He argued that a separate Haor ministry could ensure integrated planning, research, budgeting, and project implementation. The paper also highlighted environmental degradation, poor water management, and biodiversity loss as major threats to the region.

Speakers emphasized that protecting the Haor ecosystem is essential for Bangladesh’s food security, environment, and economy, as the area supports boro rice cultivation, native fish breeding, and migratory bird habitats.

Economists and anti-tobacco advocates have called for the introduction of a specific tax on all tobacco products in Bangladesh’s final 2026–27 national budget. Speaking at a post-budget press conference at the National Press Club, organized by PROGGA (Knowledge for Progress) and the Anti-Tobacco Media Alliance (ATMA), they argued that lowering cigarette price tiers, introducing a specific tax, and raising tobacco prices could simultaneously improve public health and increase government revenue.

Speakers cited Bangladesh Bureau of Statistics data showing a 10.27 percent rise in per capita income in 2026 compared to 2025, while prices of essential goods rose by 30 to 89 percent. However, the price of low-tier cigarettes, which dominate 75 percent of the market, increased by only 3.33 percent. They warned that unchanged tax rates would allow tobacco companies to retain a larger share of profits. They also criticized the unchanged tax on bidi, jarda, and gul, and the new duty on nicotine pouches and heated tobacco products, which they said legitimizes new tobacco forms.

PROGGA estimated that adopting their proposed tax structure could generate an additional 440 billion taka in revenue, prevent 400,000 premature deaths, and encourage millions to quit or avoid smoking.

Spain has experienced its hottest June days in 76 years, according to preliminary data released on Thursday by the national meteorological agency AEMET. The agency reported that on Tuesday, the average temperature across mainland Spain was 7.1 degrees Celsius higher than normal, marking the hottest June day since records began in 1950. Monday was the second hottest June day, while Sunday ranked eighth.

Although temperatures slightly decreased on Thursday, conditions remained extremely hot on Wednesday, prompting red alerts in northern regions due to severe heat risks. At Bilbao Airport, temperatures exceeded 40 degrees Celsius on Sunday, Tuesday, and Wednesday, the first time this has occurred three times in one year. In Cantabria, northern Spain, a record high of 43.7 degrees Celsius was recorded.

Meteorologists attributed the heatwave to a persistent “heat dome” over Western Europe and hot, dry air moving north from the Sahara Desert. Preliminary estimates suggest at least 212 people died from heat-related causes between Sunday and Wednesday.

Two powerful earthquakes measuring 7.5 and 7.2 magnitude struck Venezuela, causing severe destruction and killing at least 164 people, according to reports published on June 25, 2026. The U.S. Geological Survey (USGS) warned that the death toll could rise significantly, possibly reaching into the hundreds of thousands. Rescue and recovery operations are ongoing in Caracas and other affected regions as authorities assess the full extent of the damage.

Fearing aftershocks and the collapse of damaged buildings, thousands of residents have set up tents on streets or are sleeping on mattresses and mats in gardens and sidewalks. Many are waiting for confirmation that it is safe to return to their homes. The USGS has stated that the risk of major aftershocks remains high.

The situation has left much of the population displaced and anxious, with emergency teams continuing to work amid uncertainty about further tremors and the scale of the disaster.

National Citizen Party (NCP) member secretary and Rangpur-4 MP Akhtar Hossain sharply criticized the government’s handling of the banking sector during the general discussion of the 13th National Parliament’s budget session on June 25. He alleged that the five banks recently merged, including Islami Bank, had been bankrupted by their former owners through looting and money laundering. He questioned why the new Bank Resolution Act allows those same owners to regain ownership by returning only 7.5 percent of the lost funds.

Hossain claimed that the finance minister failed to secure support from the IMF due to the lack of financial reforms. He described the proposed 2026–27 fiscal budget as a “death trap” for the middle class and ruinous for small businesses. Citing a previous white paper, he said $240 billion had been laundered abroad and that national debt had risen from 23 trillion to 24 trillion taka within months.

He further warned that the government’s plan to borrow 1.12 trillion taka from domestic banks would crowd out private investment and employment opportunities.

A stakeholder meeting was held on June 24 at the Bridge Division conference room to review a high-level committee report on establishing a unified and interoperable electronic toll collection (ETC) network across Bangladesh. The meeting, chaired by Bridge Division Secretary and Bangladesh Bridge Authority Executive Director Mohammad Abdur Rouf, brought together representatives from government agencies, private stakeholders, technology experts, and journalists.

Participants discussed a proposed architecture for a single, self-contained platform that would integrate existing RFID-based ETC systems through APIs, enabling low-cost and rapid implementation. The plan recommends execution under the ICT Division or one of its affiliated agencies. A policy decision was made to use a single RFID tag issued by BRTA instead of multiple agency-specific tags, and to develop a unified mobile app for registration, toll information, digital payments, and traffic alerts. Attendees praised the proposal and emphasized the need for secure transactions and simplified user registration.

The initiative aims to reduce travel time, fuel waste, and public inconvenience while advancing the government’s goal of a cashless society and fully automated toll management nationwide.

Bangladesh Bank has extended the maximum tenure for personal loans and loans for durable consumer goods from five years to eight years. The central bank issued a circular on Thursday to all scheduled banks, allowing them to set loan terms up to eight years under revised prudential regulations for consumer financing.

The circular also introduced relaxed conditions for auto loans to promote the domestic motor vehicle industry. Under the new rules, customers can now borrow up to 6 million taka for general auto loans, while loans for electric, hybrid, and locally manufactured vehicles can go up to 8 million taka. Additionally, banks may finance up to 80 percent of the vehicle’s value for these environmentally friendly and locally produced cars, compared to the previous 60 percent limit for regular auto loans.

Bangladesh Bank has also withdrawn the earlier restriction that limited consumer financing growth to be lower than overall loan growth, giving banks greater flexibility in expanding their retail lending portfolios.

The government of Bangladesh has decided to continue customs and related services at airports even on weekends to address the ongoing cargo congestion. Commerce Minister announced the plan during a meeting at the ministry on Thursday, emphasizing that limited operations on Fridays and Saturdays have prevented a reduction in the backlog. He said the measure would remain in place until a permanent solution is established.

The meeting discussed the European Union’s concerns over non-tariff barriers, including the airport cargo handling crisis. The Commerce Minister stressed that airports are transit points, not storage facilities, and called for the establishment of a modern cargo village outside the airport with safe storage and specialized management for different types of goods. Civil Aviation and Tourism Minister Afroza Khanam warned that the congestion is harming both businesses and Bangladesh’s international image, urging visible progress within seven days.

Officials and business representatives agreed that modernizing cargo management and ensuring faster clearance could enhance Bangladesh’s export competitiveness in global markets, particularly in the European Union.

The Bangladesh Telecommunication Regulatory Commission (BTRC) has warned that strict legal action will be taken against anyone using wireless devices or walkie-talkies without a valid license. In a press release issued on Thursday, the commission said joint operations with law enforcement agencies are ongoing in Dhaka and other regions to identify and seize illegal telecommunication equipment. During these drives, unlicensed walkie-talkies have been confiscated from various organizations, and related cases have been filed at local police stations.

According to the Bangladesh Telecommunication Regulation Act, 2001 (Amendment-2026), obtaining frequency allocation and a license from BTRC is mandatory for the use, storage, import, marketing, or operation of any wireless communication device. The commission emphasized that using such devices without authorization is a punishable offense under the law.

BTRC has urged all businesses, security service providers, hotels, restaurants, and shopping malls to ensure compliance with licensing requirements. It also confirmed that enforcement operations against illegal wireless devices will continue nationwide.

Bangladesh and China have reached a consensus to strengthen cooperation in managing the Teesta and other rivers across Bangladesh. The agreement was made during a meeting between Prime Minister Tarique Rahman and Chinese Minister of Water Resources Li Guoying on June 25, 2026, at the Diaoyutai State Guesthouse in Beijing. The discussions focused on expanding bilateral collaboration in flood risk management, environmental protection, and sustainable water resource management.

During the meeting, Prime Minister Rahman sought Chinese technical assistance for the Teesta management project and highlighted Bangladesh’s ongoing river dredging programs aimed at improving water flow and reducing flood risks. Minister Li responded positively, assuring full cooperation in Bangladesh’s water management initiatives. He referred to the 2005 memorandum of understanding between the two countries and last year’s visit by Chinese water experts as examples of their research-based partnership.

Li also invited Bangladeshi water experts and officials to receive training in China, emphasizing that Bangladesh could benefit from China’s experience in water management. Several senior Bangladeshi ministers and advisers attended the meeting.

Bangladesh Bank has announced that the use of the Bangla QR code will become mandatory across the country starting July 1. The declaration was made by Deputy Governor Dr. Habibur Rahman during the inauguration of the 'Bangla QR Transaction Campaign' held at the central bank’s headquarters in Dhaka.

Dr. Rahman stated that the initiative aims to reduce cash transactions and promote a cashless society. The Bangla QR system will allow customers to make payments without handling small change, ensuring transactions are easier, safer, and more secure. He added that digital documentation of all transactions would help reduce informal economic activities, expand the GDP, and make the economy more dynamic.

The Deputy Governor also urged banks and related operators to integrate Bangla QR features into their apps so that both ordinary citizens and small businesses can benefit from digital financial services more conveniently.

A powerful earthquake struck rural Northern California on Wednesday morning, marking the region’s strongest quake since 1940. According to the U.S. Geological Survey, the 5.6-magnitude quake was centered about 12 kilometers northwest of Willits, with tremors felt as far as the coastal city of Fort Bragg. The quake occurred at 8:10 a.m. Pacific Time, about 8 kilometers underground and 80 kilometers east of Fort Bragg. Officials reported some injuries but no major damage immediately after the event.

Mendocino County spokesperson Heather Rose confirmed that hospitals reported several injuries, though details were not yet available. More than 6,000 residents across six nearby towns lost power, and authorities urged people to avoid highways to allow inspection and repair work. Seismologist Lucy Jones said it was the largest quake in the area in nearly nine decades and not located on a major fault line. She added that aftershocks were likely but expected to be minor.

California’s Office of Emergency Services said over 657,000 early warning alerts were sent via the MyShake app, with total alerts likely exceeding one million as other systems also issued warnings.

Elon Musk has lost his trillionaire status within just two weeks, according to the Bloomberg Billionaires Index. As of Wednesday’s U.S. market close, his net worth fell to 957 billion dollars, down from 1.11 trillion dollars less than 14 days earlier. The decline followed a sharp global stock market downturn that heavily impacted technology shares, including those of SpaceX and Tesla.

Despite the loss, Musk remains the world’s richest individual, with wealth still far exceeding that of his closest competitors. He had become the first person to surpass one trillion dollars in net worth after the stock market debut of his rocket, satellite, and artificial intelligence company. The blockbuster initial public offering was priced at 135 dollars per share and opened trading at 150 dollars, giving the company a market value of over 1.77 trillion dollars.

Musk’s 42 percent ownership in SpaceX had initially pushed his paper wealth beyond the trillion-dollar mark, but the recent market slump reversed that milestone.

Banks in Bangladesh continue to depend primarily on immovable assets such as land and buildings when issuing loans, according to data from Bangladesh Bank for the first quarter of 2026. About 63.74 percent of total loans, amounting to Tk 11.37 trillion, were backed by real estate collateral. This reliance has increased slightly from the previous quarter, when 63.54 percent of loans were secured by similar assets. Despite this, many of these mortgaged properties are now difficult to sell, particularly those linked to influential defaulters.

Industry insiders attribute the trend to rising irregularities and corruption in the banking sector, which have made asset-based lending appear safer. Reports indicate that some borrowers diverted loan funds to purchase more land, later using those properties for additional loans, often with inflated valuations. As a result, banks are struggling to recover defaulted loans through asset sales.

Experts and young entrepreneurs argue that this property-dependent lending culture is hindering economic diversification and limiting access to finance for startups and innovative ventures lacking tangible assets.

The Secretary Committee, chaired by Cabinet Secretary Nasimul Gani, has finalized five major decisions to implement Bangladesh’s ninth government pay scale. The meeting, held at the Secretariat, reviewed the Public Administration Commission’s recommendations and set July 1 as the target date for implementation. The committee prioritized improving living standards for lower-income employees and reducing pay disparities amid rising inflation. Officials on post-retirement leave will also be included under the new pay scale.

According to meeting sources, while consensus was reached on public administration-related recommendations, proposals concerning the judiciary and armed forces remain unresolved. The new structure will be implemented in two phases instead of three, with employees in grades 10–20 receiving 60 percent of the raise in the first phase and those in grades 1–9 receiving 40 percent. The plan also includes significant increases in house rent and medical allowances to align with current market conditions.

Legal vetting and regulatory amendments are being expedited to avoid technical or legal complications before the official notification is issued. Another meeting may be held soon to finalize pending decisions for the judiciary and armed forces.