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Bangladesh has officially launched the Overseas Employment Platform (OEP) to promote safe migration and fair recruitment processes for migrant workers. The initiative, led by the Ministry of Expatriates’ Welfare and Overseas Employment, was developed in collaboration with the International Labour Organization (ILO) and the Government of Switzerland. The digital gateway aims to connect all stakeholders involved in the labor migration process, including aspiring migrant workers, recruitment agencies, the Bureau of Manpower, Employment and Training (BMET), technical training centers, foreign employers, immigration authorities, and reintegration service providers. The platform’s inauguration ceremony was attended by key officials, including Dr. Asif Nazrul, Adviser to the Ministry, Foreign Secretary Asad Alam Siam, Swiss Deputy Head of Mission Deepak Elmer, and ILO Bangladesh Country Director Max Tunon. Senior Secretary Dr. Niamat Ullah Bhuiyan presided over the event, emphasizing the platform’s role in improving transparency, accountability, and efficiency in overseas employment management.
Bangladesh launches digital platform with ILO and Switzerland to ensure safe migration and fair recruitment
A recent HSBC ‘Global Trade Pulse’ survey reveals that global businesses are adapting to evolving trade and tariff policies despite rising costs and working capital pressures. Conducted between October 6 and 21, the survey covered 6,750 companies across 17 countries, including 250 from Bangladesh. It found that 67% of firms now feel more confident about trade policy impacts than six months ago, while 77% better understand policy changes. In Bangladesh, 88% of businesses are aware of regulatory shifts and are either prepared or preparing for them—slightly above the global average of 85%. Moreover, 58% of Bangladeshi firms reported revenue growth from trade-related adjustments, compared to the global average of 47%. Half of Bangladeshi businesses expect international trade growth in the next two years. To mitigate risks, 48% are decentralizing operations, 48% focusing on regionalization, and 46% increasing inventory. Many are also expanding exports to Germany, the UK, and France, reflecting growing resilience amid global uncertainty.
HSBC survey shows global firms, including Bangladesh, strengthening resilience amid shifting trade policies
In the past one and a half months, a total of 13,528 tons of coarse rice have been imported from India through the Benapole land port via Petrapole. The first shipment of 315 tons arrived on August 21, and by November 18, 145 consignments carried by 395 trucks had entered Bangladesh. The government allowed rice imports through all ports to stabilize domestic prices, leading to steady inflows since August. Monthly imports included 1,260 tons in August, 5,435 tons in September, 5,188 tons in October, and 1,645 tons in November. Importers noted that the volume has recently declined, but overall supply remains stable due to continued imports through other ports. Officials said the ongoing Aman paddy harvest is expected to further ease prices and meet domestic demand. The Benapole Plant Quarantine Center confirmed that imported rice is being inspected and cleared promptly to ensure smooth distribution.
Bangladesh imports 13,528 tons of rice from India through Benapole port to stabilize domestic market
Energy experts have cautioned that ensuring an adequate and sustainable energy supply will be the biggest challenge for Bangladesh’s next government. Speaking at a seminar titled “Powering Prosperity: Creating a Stable and Bankable Energy Future for Bangladesh,” organized by Policy Exchange Bangladesh and the Economic Reporters Forum, specialists emphasized the need for immediate investment in the energy sector to avoid a potential supply crisis by 2031. Abu Chowdhury of EMA Power Limited projected that electricity demand will exceed 35,000 megawatts by 2029, urging new investments and policy dialogues with the private sector, which currently holds 48% of production capacity. Former FBCCI president Abdul Awal Mintoo highlighted the importance of local investment, while Professor M. Tamim stressed the need for foreign expertise in gas exploration. Business leaders, including MCCI president Kamran T. Rahman, called for consistent policy frameworks to encourage renewable energy and prepare for rising demand from electric vehicles.
Experts warn Bangladesh must invest now to avoid major energy supply crisis by 2031
The Bangladesh High Court has issued an injunction halting arbitration proceedings initiated by India's Adani Group in Singapore over unpaid electricity bills amounting to $234 million. The court ruled that the arbitration must remain suspended until a judicially appointed committee submits its report on alleged irregularities in the power purchase agreement between Adani Power and the Bangladesh Power Development Board (BPDB). The bench, led by Justices Md Bazlur Rahman and Urmi Rahman, delivered the order after a preliminary hearing. The dispute stems from Adani’s claim of unpaid dues under a 25-year electricity supply contract from its Jharkhand-based power plant. BPDB has resisted arbitration, citing an ongoing investigation into the deal’s legality and potential corruption. The High Court’s committee has already found preliminary evidence of irregularities and is expected to submit its final report by mid-December. Adani had earlier warned of possible power supply suspension if dues remained unpaid. The case has drawn attention due to allegations that the contract was politically influenced under the previous government.
Bangladesh High Court suspends Adani arbitration in Singapore pending probe into power deal irregularities
The Bangladesh government is considering limited onion imports to curb rising prices after a sharp increase of Tk 30–40 per kilogram over the past month due to reduced supply. Although wholesale prices have slightly declined following news of possible imports, retail prices remain high at Tk 100–110 per kg. Discussions are ongoing between the agriculture and commerce ministries, with the former opposing imports to protect farmers and the latter supporting limited imports to stabilize the market. The Department of Agricultural Extension claims there is no current shortage and expects prices to fall as new crops arrive in early December. Import permissions are being issued cautiously, and shipments may begin within one to two weeks through ports like Chattogram and Hili. Historically, Bangladesh imported over one million tons of onions annually, but imports have dropped significantly in recent years to support local farmers.
Bangladesh considers limited onion imports to control prices after sharp rise due to supply shortage
Chattogram Port has set a new record by issuing 6,301 gate passes in a single day, marking the highest number ever recorded. On Tuesday, the port issued 4,734 consignee gate passes and 1,567 off-dock gate passes. The Chattogram Port Authority confirmed the achievement on Wednesday, noting that the milestone reflects the port’s ongoing digital transformation. According to Secretary Md Omar Faruk, the successful use of modern technology, particularly the Terminal Operating System (TOS) app, has made import and export operations more efficient and transparent. He emphasized that Chattogram Port remains the central hub for Bangladesh’s trade and industrial growth, contributing significantly to national revenue and international competitiveness. The authority believes that such advancements will further strengthen the country’s overall trade system and enhance operational efficiency.
Chattogram Port sets record issuing 6,301 gate passes in one day boosting trade efficiency
The Bangladesh government is taking steps to reduce the prices of legally imported mobile phones while intensifying efforts to curb the trade of illegal and cloned handsets. Fayez Ahmad Tayyeb, Special Assistant to the Chief Adviser, announced that initiatives are underway to simplify mobile and SIM registration, de-registration, and re-registration processes. He emphasized that illegal phones are linked to various crimes, including SIM fraud, online scams, tax evasion, and cross-border smuggling. To support consumers, the government has requested the National Board of Revenue (NBR) to consider reducing import duties and urged local manufacturers to lower prices. The Bangladesh Telecommunication Regulatory Commission (BTRC) is also working to make registration easier and ensure that all active phones before December 16 are recognized as legal. Authorities reaffirmed that only legally imported or locally produced phones will be allowed in the market, with strict action planned against smuggling and digital crimes tied to illegal devices.
Bangladesh plans to cut legal phone prices and tighten control over illegal handset imports
Bangladesh Bank has issued a new directive removing the previous time restriction on writing off default loans. According to the circular released by the Banking Regulation and Policy Department (BRPD) on November 19, banks can now write off loans classified as bad or loss if recovery is deemed unlikely, without waiting for a specific time period. Previously, only loans classified as bad or loss for two consecutive years were eligible for write-off. The new rules prioritize older classified loans and require banks to notify borrowers at least 10 working days before writing off their loans. The directive, which takes immediate effect, aims to streamline the loan management process and improve the accuracy of banks’ financial statements by clearing long-standing non-performing assets from their books.
Bangladesh Bank removes time limit for writing off bad loans to streamline financial reporting
Government employees in Bangladesh have formed a united front to demand immediate implementation of a new pay scale. The interim government established a pay commission on July 27 to revise the salary structure, initially promising to enforce it within its tenure. However, recent remarks by Economic Adviser Salehuddin Ahmed, suggesting that the next elected government will make the final decision, have sparked anger among employees. Leaders from various organizations, including the Secretariat Officers’ Association and the Bangladesh Government Employees Unity Council, have warned of intensified pressure if the commission’s recommendations are not submitted by November 30. They demand that the new pay scale be gazetted by December 15 and implemented from January 1. Twelve employee groups, including teachers, railway workers, and office staff, are coordinating joint actions. If the government fails to meet their deadline, employees plan to escalate with protests, sit-ins, and possible work stoppages. Union leaders insist that the new pay scale must be announced this year to maintain trust among civil servants.
Bangladesh government employees unite to demand new pay scale and threaten protests if ignored
The interim government of Bangladesh has issued new regulations eliminating the requirement for prior approval from authorities such as RAJUK and NHA for the transfer, sale, donation, or mortgage of residential plots and flats. The Ministry of Housing and Public Works published the gazette notification on November 10, making the rules effective immediately. The reform aims to simplify services, reduce bureaucratic delays, and curb corruption in property ownership transfers. Under the new rules, property owners will no longer need approval from the leasing authority for ownership changes, though permissions will still be required for changes in land use or plot amalgamation. A transfer fee of 2% for developed plots or buildings and 5% for land-only transfers will apply. Owners must submit transfer records to the leasing authority within 90 days, with penalties for delays. The lease term will automatically renew after 99 years. However, existing approval requirements remain for non-residential properties and disputed or government-linked plots.
Bangladesh ends prior approval rule for plot and flat transfers to simplify process and curb corruption
Japan’s economy faces mounting pressure as China urges its citizens to avoid traveling to Japan following remarks by Japanese Prime Minister Sanae Takaichi on Taiwan. The advisory has led to mass cancellations of Japan-bound flights and a sharp decline in tourism-related bookings. Tokyo-based East Japan International Travel Service, which mainly serves Chinese group tourists, reports losing about 80% of its bookings for the rest of the year. Tourism contributes roughly 7% to Japan’s GDP, with Chinese and Hong Kong visitors accounting for about one-fifth of all foreign tourists. Analysts at Nomura Research Institute estimate potential losses of around 2.2 trillion yen ($14.23 billion) if the boycott continues. More than ten Chinese airlines have refunded tickets through December 31, with around 500,000 cancellations already reported. The diplomatic standoff has also affected cultural exchanges, with Chinese authorities suspending Japanese film releases and Japanese celebrities publicly reaffirming support for the One-China policy to avoid backlash.
China’s travel warning sparks tourism collapse and economic strain in Japan amid Taiwan-related tensions
A fishing trawler named FB Raisa brought in an exceptional catch of 200 maunds of hilsa from the Bay of Bengal, landing at the BFDC Fish Landing Center in Patharghata, Barguna. The fish, caught about 70 kilometers off Kuakata on November 17, were sold for Tk 52 lakh at Tk 26,000 per maund. The trawler, carrying 17 fishermen, had struggled for days with poor catches before this haul of nearly 18,000 hilsa weighing around 300–400 grams each. The sudden abundance has brought relief and happiness to the fishermen, who had been facing financial hardship. Local fish traders and the Barguna Trawler Owners’ Association expressed satisfaction, attributing the improved catch to government efforts to curb illegal wooden trawling, which they believe has helped restore fish stocks in the Bay.
A Barguna trawler nets 200 maunds of hilsa in one haul bringing relief to struggling fishermen
Around 491,000 air tickets for flights from China to Japan have been cancelled following Beijing’s travel advisory urging citizens to avoid Japan. The cancellations, which surged over the weekend, affected more than 80 percent of scheduled flights on Sunday and over 75 percent on Monday, according to aviation analyst Li Hanming. He noted that cancellations were 27 times higher than new bookings, reflecting widespread safety concerns among Chinese travelers. Airlines have responded by offering full refunds for Japan-bound flights. The sudden drop in demand could cost airlines billions of yuan in lost revenue and may force short-term capacity adjustments if diplomatic tensions persist. Analysts compared the scale of cancellations to the early 2020 period when Covid-19 outbreaks caused a sharp decline in air travel during the Lunar New Year holiday. The situation underscores how geopolitical strains can rapidly disrupt regional travel and aviation markets.
China travel warning triggers 491,000 Japan-bound flight cancellations causing major airline revenue losses
The State Bank of Pakistan (SBP) has issued a new directive prohibiting cash-based dollar transactions in an effort to stabilize the rupee and prevent excessive dollar outflows. Under the new rules, banks and exchange companies must transfer foreign currency directly into customers’ accounts instead of providing cash. Individuals without foreign currency accounts will no longer be able to purchase cash dollars. The SBP stated that the move aims to promote a cashless economy and ensure transparency in foreign exchange dealings. Exchange companies clarified that the decision will not affect travelers or those buying dollars for legitimate purposes, though buyers must provide proof of need. Additionally, transactions between customers and exchange companies are now limited to USD 500 unless verified for higher amounts. The new policy is part of Pakistan’s broader effort to strengthen its financial system amid ongoing currency pressure and foreign exchange challenges.
Pakistan bans cash dollar deals to stabilize rupee and mandates direct account transfers
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