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Bangladeshi entrepreneurs have sharply increased their overseas investments despite sluggish domestic conditions. According to a Bangladesh Bank report, during the first quarter of the 2025–26 fiscal year (July–September), Bangladeshis legally invested a total of 15.8 million US dollars abroad, marking an 829 percent rise from the same period of the previous year, when the figure was only 1.7 million dollars. The report covers only officially approved investments, excluding any unrecorded or illicit capital transfers.
The analysis shows that foreign investment by Bangladeshis began rising from the October–December quarter of the previous fiscal year. Meanwhile, domestic private investment remains stagnant due to political instability and high bank interest rates. Private sector credit growth slowed to 6.58 percent in November 2025, down from double digits in July 2024. Sector insiders argue that entrepreneurs should focus on domestic investment to address rising unemployment and declining GDP growth.
As of September 2025, total Bangladeshi capital invested abroad stood at 362.1 million dollars, up from 348.3 million a year earlier. India, the United Kingdom, and Hong Kong received the largest shares, with financial institutions attracting the most sectoral investment.
Overseas investment by Bangladeshis jumps 829% as domestic private investment remains stagnant
The Department of Disaster Management (DDM) has cancelled work orders for three bridge and culvert construction projects in Osmaninagar upazila of Sylhet after the contractor failed to start work within the stipulated time. The same contractor, Messrs Fahad Construction of Amberkhana, Sylhet, had been awarded a single tender covering five structures across Osmaninagar and Bishwanath upazilas, but only began work on two culverts in Bishwanath. The DDM also decided to forfeit the contractor’s security deposit and take necessary legal action.
According to a letter signed by Project Director and Joint Secretary Md Parvezul Islam, the project period runs until 30 June 2026, and all construction must be completed within that time to qualify for payment. Despite repeated requests, including a final notice to begin work by 31 December 2025, no progress was made in Osmaninagar. The DDM deemed this a clear violation of contract terms and issued cancellation notices to relevant authorities.
Local officials confirmed that recommendations have been sent to the ministry to formalize the cancellation process, while the contractor’s local representative cited internal management issues for the delay.
DDM cancels Osmaninagar bridge contracts over failure to start work on time
Senior officials in the administration of US President Donald Trump have criticized Canada’s decision to permit imports of up to 49,000 Chinese electric vehicles (EVs) under a new trade deal with Beijing. Speaking at a Ford factory event in Ohio, US Transportation Secretary Sean Duffy said Canada would regret the move, while Trade Representative Jamieson Greer confirmed that the vehicles would not be allowed into the United States. The Canadian Embassy in Washington did not immediately comment.
The decision follows Canada’s earlier 2024 imposition of 100 percent tariffs on Chinese EVs, mirroring US duties. However, Prime Minister Mark Carney’s new agreement reduces tariffs to 6.1 percent on most-favoured-nation terms. The deal also includes China lowering tariffs on Canadian canola seed to about 15 percent by March 1. US officials expressed concern that the policy could give China a stronger foothold in North America despite Washington’s tougher stance on Canadian vehicles and parts.
Greer noted that new US cybersecurity rules for internet-connected vehicles, effective January 2025, would make it difficult for Chinese cars to enter the American market. Lawmakers from both parties, including Ohio Senator Bernie Moreno, voiced strong opposition to Chinese vehicles being sold in the US.
US warns Canada will regret allowing 49,000 Chinese EVs under new trade deal
Canada and China have reached an initial trade agreement to reduce tariffs on electric vehicles and canola, Prime Minister Mark Carney announced during his visit to Beijing on Friday. The deal marks the first visit by a Canadian prime minister to China since 2017 and aims to rebuild ties after years of strained relations. Canada will allow up to 49,000 Chinese electric vehicles at a 6.1 percent tariff, compared with the 100 percent rate imposed by former Prime Minister Justin Trudeau in 2024. China, in turn, will lower tariffs on Canadian canola seed to about 15 percent by March 1, down from 84 percent, and remove anti-discrimination tariffs on other Canadian agricultural and seafood products.
Carney said the agreement would unlock nearly $3 billion in export orders for Canadian farmers and fishers and attract Chinese investment into Canada’s auto and clean energy sectors. Ontario Premier Doug Ford criticized the move, warning it could flood the market with cheap Chinese EVs without guaranteed domestic benefits. Both nations also pledged to restart high-level economic dialogue and strengthen cooperation in agriculture, energy, and green technology.
Analysts noted the deal could reshape the context of Sino-US rivalry, though Ottawa is not expected to shift away from its strategic alignment with Washington.
Canada and China sign trade deal cutting tariffs on EVs and canola
Religious Adviser Dr. A F M Khalid Hossain stated that effective management of zakat could eliminate poverty in Bangladesh within ten years. He made the remarks on Saturday afternoon while addressing the Zakat Conference 2026 as the chief guest at the Sonargaon Hotel in Dhaka. The event was organized by the private voluntary organization Mastul Foundation.
Dr. Hossain emphasized that if wealthy citizens pay zakat properly and it is distributed efficiently, the country can overcome poverty and reduce dependence on foreign aid. He described poverty as a curse for any nation and stressed that a strong economy ensures national stability. Highlighting the historical precedent, he noted that in early Islamic periods, zakat was collected and distributed by the state, leading to near elimination of poverty during Caliph Omar’s rule.
He added that the absence of Sharia-based institutional mechanisms in Bangladesh has hindered organized zakat collection and distribution. He urged everyone to follow Islamic principles in paying zakat and thanked Mastul Foundation for its humanitarian activities.
Religious adviser urges proper zakat management to eradicate poverty within ten years
The Bangladesh Association of Pharmaceutical Industries (BAPI) has accused the government of expanding the list of essential medicines and fixing their prices without consulting drug manufacturers. The allegation was raised on Saturday at a workshop titled “Bangladesh Pharma Industry: Present Challenges and Future Prospects,” jointly organized by BAPI and the Bangladesh Health Reporters Forum (BHRF) in Gazipur. BAPI leaders said the decision ignored production costs, international raw material prices, quality control, and market realities, posing long-term risks to medicine supply and industry stability.
BAPI Secretary General Dr. Md. Zakir Hossain criticized the policy process, saying no discussions were held with manufacturers or the association before the decision. He noted that the technical committee on pricing lacked members with real pharmaceutical experience. BAPI President Abdul Muktadir warned that about 60 percent of local drug companies are struggling, with nearly 40 percent already closed or near closure, threatening the country’s self-sufficiency in medicine. He urged government intervention to support small and medium firms and restore the industry’s health.
BAPI leaders also emphasized that Bangladesh’s pharmaceutical sector operates under strict regulatory oversight and called on journalists to highlight the challenges faced by struggling companies.
BAPI accuses government of fixing essential drug prices without consulting manufacturers
A report by Middle East Eye describes how Palestinians in the occupied West Bank are trading household goods for basic food items amid worsening economic conditions. A mother from Bethlehem wrote in a private Facebook group that she exchanged kitchen utensils for olive oil and za’atar so her children could take food to school. Since the Gaza war began and Israeli restrictions tightened, such exchanges have become common, reflecting widespread hardship.
Economist Dr. Haitham Weida said the West Bank is being pushed toward a hunger crisis, where families cannot secure enough nutritious food. The region’s economy has deteriorated sharply since October 2023, with poverty reaching 28 percent and unemployment at similar levels. Israel’s restrictions have halted most Palestinian labor access, tourism, and tax revenues, while international aid has fallen to about $710–770 million in 2025. Nearly 898 checkpoints now hinder trade and movement.
The worsening situation has forced many Palestinians to risk their lives crossing into Israel for work. Labor unions report at least 38 workers killed and over 1,500 injured between October 2023 and September 2025 while attempting to find employment.
West Bank families trade household goods for food as economic collapse deepens under Israeli restrictions
Foreign Affairs Adviser Md. Touhid Hossain has alleged that Bangladesh experienced extensive money laundering and looting through accounting manipulation and corruption over the past 15 years. He made the remarks on Saturday, January 17, at the ‘SAFA International Conference’ held at a hotel in Dhaka.
Hossain stated that a lack of transparency and weaknesses in financial accounting have hindered both foreign investment and the proper use of domestic resources. He said the burden of financial mismanagement ultimately falls on ordinary citizens, emphasizing the urgent need to ensure professional ethics and competence. He also urged South Asian countries to work together to address global instability.
The adviser added that the next generation of professionals—including accountants, auditors, and economic analysts—will play a vital role in restoring the economy through integrity, accountability, and innovation, helping to strengthen Bangladesh’s position amid global challenges.
Foreign Affairs Adviser alleges 15 years of large-scale money laundering and corruption in Bangladesh
The operations of the Pangaon Inland Container Terminal (PICT) in Keraniganj, Dhaka, have officially begun under the management of Medlog Bangladesh Private Limited, a subsidiary of Switzerland-based logistics company Medlog. The inauguration took place on Saturday morning, led by Brigadier General (Retd.) M Sakhawat Hossain, advisor to the Ministry of Shipping. He stated that upgrading the terminal to international standards would enhance domestic container movement and strengthen multimodal transport connectivity, opening a new chapter in the country’s port management and inland water transport.
Shipping Secretary Dr. Nurunnahar Chowdhury said the 22-year concession agreement would make cargo handling at the terminal more dynamic and positively impact the national economy. The partnership between the government and the private sector is expected to play a key role in achieving set goals. The terminal, built at a cost of about Tk 155 crore, had been incurring losses for a decade before the government decided to bring it under professional private management.
Under the concession signed last November, Medlog Bangladesh will operate, maintain, and modernize the terminal in partnership with the Chittagong Port Authority.
Pangaon Container Terminal begins operations under Swiss firm Medlog’s management
Saudi Arabia’s state-owned mining company Ma’aden has extracted a total of 7.8 million ounces, equivalent to 221,000 kilograms, of gold from four locations across the country. The extraction took place at Mansourah Massarah, Uruk 20/21, Umm al-Salam, and Wadi al-Jawaa. According to the company, Mansourah Massarah yielded 3 million ounces, Uruk 20/21 and Umm al-Salam produced 1.607 million ounces, and Wadi al-Jawaa contributed 3.08 million ounces.
Ma’aden’s Chief Executive Officer Bob Wilt stated that this achievement strengthens Saudi Arabia’s global position as a leading gold producer. He attributed the success to the company’s long-term strategic plan, emphasizing that the results demonstrate its effectiveness in practice.
The report, citing Gulf News, suggests that the large-scale extraction will enhance Saudi Arabia’s mineral reserves and accelerate Ma’aden’s operations as a world-class gold producer.
Ma’aden extracts 221,000 kilograms of gold from four Saudi Arabian mining sites
Dr. Salehuddin Ahmed, Adviser in charge of the Ministry of Science and Technology and the Ministry of Finance, visited the Rooppur Nuclear Power Plant in Ishwardi, Pabna, on Friday, January 16, 2026. During the inspection, he reviewed the final preparations for nuclear fuel loading and assessed the overall progress of Bangladesh’s first nuclear power project. He toured the training center, main control room, electrical and water systems, and cooling tower, and discussed safety and technical matters with engineers and officials.
The Managing Director of Nuclear Power Plant Company Bangladesh Limited (NPCBL), Dr. Zahedul Hasan, briefed the adviser on the project’s safety systems, construction progress, and readiness for fuel loading. Senior government officials, including secretaries from the Cabinet Division, Finance Division, Economic Relations Division, and Science and Technology Ministry, were present during the visit.
Project authorities stated that construction is in its final phase, with testing activities ongoing. They expressed optimism that nuclear fuel loading will begin soon, marking a major step toward enhancing Bangladesh’s energy security and supporting sustainable development goals.
Dr. Salehuddin Ahmed inspects Rooppur Nuclear Power Plant progress in Ishwardi
Titas Gas Transmission and Distribution Company Limited has allegedly collected around Tk 400 crore in bills from customers in Shibaloy and surrounding areas of Manikganj over the past 16 years without providing regular gas supply. Residents claim they were forced to pay monthly bills despite receiving little or no gas since 2010. Protests demanding uninterrupted supply reportedly faced police action in 2014, injuring journalists and locals.
Regional manager Md. Alamgir Hossain said daily demand in the area is 22.6 MMCFD, but supply stands at only 11.8 MMCFD, creating a shortfall of about 11 MMCFD. He added that bill payment is mandatory for active connections, though disconnection requests are being processed. Locals estimate that residential users alone paid Tk 285 crore, with industrial and CNG users bringing the total to about Tk 400 crore.
District officials acknowledged the issue as a consumer rights violation and said legal action is underway against companies overcharging for cylinder gas. Consumers have demanded either regular gas supply or installation of meters to ensure fair billing.
Titas Gas accused of billing Tk 400 crore without supplying gas in Manikganj
The Sylhet Power Development Board announced that electricity supply will be suspended for eight hours on Saturday, January 17, 2026, across multiple areas of Sylhet city. The outage will last from 9 a.m. to 5 p.m. to allow transformer repairs and transmission line improvements. The affected zones include Sheikhghat, Shubhechha Residential Area, Surjer Hashi Clinic, Jitu Mia Point, Talotola VIP Road, Park View Hospital, Hilltown Residential Hotel, Teli Haor, Kazirbazar, Court Point, Surma Market, Mirzajangal, Topkhana, Kotwali Thana, the Circuit House area, the offices of the Deputy Commissioner and Superintendent of Police, and several other nearby locations.
Executive Engineer Mohammad Arafat of the Sales and Distribution Division-1 confirmed the planned interruption through an official notice issued on Friday, January 16. He expressed regret for the temporary inconvenience and assured residents that power would be restored earlier if the maintenance work is completed ahead of schedule.
The maintenance aims to enhance the reliability of Sylhet’s electricity infrastructure and minimize future disruptions once the upgrades are completed.
Sylhet areas to face eight-hour power outage Saturday for transformer and line maintenance
Interim government finance adviser Dr. Salehuddin Ahmed has called on government officials and employees to remain patient regarding the announcement and implementation of the new pay scale. Speaking to journalists on Friday evening at Gurudaspur Upazila Mini Stadium in Natore, he said that necessary steps would be taken promptly once the committee’s report on the pay scale is received. He confirmed that a committee has already been formed and that the government will act based on its recommendations.
Addressing another issue, Dr. Ahmed said that the upcoming referendum would reflect the will of the people. He noted that administrative officials are working to ensure a ‘yes’ vote and that the media also has a responsibility to raise public awareness about the referendum. He added that he has been visiting various districts to highlight its importance.
Several senior officials, including the cabinet secretary, finance secretary, and other top administrative and departmental representatives, were present during the visit.
Finance adviser urges patience on pay scale, stresses committee-based implementation
After more than a decade of fluctuating relations, the United States is struggling to maintain its economic position in Africa, according to Turkish academic Yunus Turhan of Haci Bayram Veli University in Ankara. Citing U.S. Census Bureau data, he noted that trade between the U.S. and Africa has seen major ups and downs from 2014 to 2025, with exports reaching 34 billion dollars and imports 37.8 billion dollars by November 2025. Despite this, Africa accounted for only 1.1 percent of America’s total trade volume of 7.37 trillion dollars in 2024.
Turhan highlighted that the African Growth and Opportunity Act (AGOA), launched in 2000, has played a key role by allowing 32 African nations to export over 1,800 products duty-free to the U.S., contributing about 500 billion dollars in exports between 2002 and 2022. The U.S. House of Representatives recently extended AGOA for another three years. However, Turhan observed that U.S.-Africa trade remains largely oil-dependent.
He added that China and Russia have become Washington’s main competitors in Africa, with China’s trade reaching 314 billion dollars in 2025 and Russia’s 24.5 billion dollars in 2024. Turhan suggested that the U.S. should work closely with partners like Turkey to balance strategic rivalry and development goals in Africa.
U.S. faces challenge maintaining economic foothold in Africa amid China and Russia competition
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