Just two days before Eid-ul-Azha, joy is missing in the haor regions of Sunamganj as widespread crop losses have left farmers struggling financially. Many who had planned to sacrifice cattle for the festival are unable to do so due to lack of money. Farmers in areas such as Shalla, Shantiganj, and Sadar upazilas described their despair after their paddy fields were submerged by heavy rains and flooding.

Local farmers, including Konok Chowdhury and Ali Nur, said they could not harvest or dry their paddy because of continuous rain. Union Parishad member Fayzur Rahman noted that the government had promised humanitarian aid for affected farmers before Eid, but the assistance had not arrived, deepening their frustration. The farmers said the haor region remains in distress, with no festive spirit this year.

Many farmers reported losing all their crops and having no cash in hand, leaving them unable to participate in Eid traditions. The emotional toll of the disaster has overshadowed the usual joy of the festival across Sunamganj’s haor areas.

During the second day of the Eid-ul-Azha holiday, a large number of homebound travelers crossed the Padma Bridge via the Dhaka-Mawa Expressway without facing traffic congestion or major delays. In the past 24 hours, 44,008 vehicles used the bridge, generating Tk 48 million in toll revenue, according to information released on Tuesday, May 26, 2026.

To ensure safe and smooth travel for passengers heading to southern Bangladesh, six monitoring teams were deployed along the route. Four fixed checkpoints and two mobile teams were active around the clock to maintain order and safety. Toll collection continued uninterrupted at eight booths, while two additional lanes were designated specifically for motorcycles to facilitate faster crossings.

The efficient traffic management and continuous toll operations contributed to a congestion-free experience for travelers during one of the busiest holiday periods of the year.

India’s $1.2 trillion electronics industry faces new risks after China introduced export restrictions under State Council decrees 834 and 835. These measures, limiting shipments of key machinery and components, have alarmed Indian electronics and automobile manufacturers who fear delays in investment and production. Executives have begun discussions with Chinese suppliers to assess the impact, while the domestic industry has alerted India’s Ministry of Electronics and Information Technology.

The challenge comes as India pushes to become a global manufacturing hub, with exports rising from $8.6 billion in 2015 to $470 billion in 2025. The government aims to reach $1.2 trillion by the end of 2026. However, China’s control over essential equipment and rare-earth materials exposes India’s dependence on Chinese supply chains. Commerce Minister Piyush Goyal said the government is developing sector-specific investment plans to reduce reliance on certain regions and will launch 50 industrial parks under a new initiative.

Industry leaders view the situation as both a warning and an opportunity. Some urge stronger domestic supplier networks and balanced policies to build resilience, while others see a turning point for India to deepen local manufacturing and technology capabilities.

Customers of Islami Bank Bangladesh have warned that they will not accept former Bangladesh Bank deputy governor Khurshid Alam as the bank’s chairman. They declared that if Khurshid Alam is appointed, the current Bangladesh Bank governor must resign. The warning came during a human chain protest held on Monday afternoon in front of the National Press Club in Dhaka, organized by the Islami Bank Conscious Customers Forum.

Speakers at the event, including forum leaders, shareholders, and business figures, alleged that appointing Khurshid Alam would serve the interests of political and business groups they accused of conspiring against Islami Bank. They claimed that customers would defend their deposits and hold the central bank governor responsible for any untoward incidents. The protest also demanded that Islami Bank’s current managing director, Omar Faruq, remain in his position to ensure the bank’s progress.

Participants urged the government to prevent what they described as attempts to hand over the bank to corrupt individuals and reaffirmed that the institution’s ownership must remain with its genuine shareholders and depositors.

Oil prices fell sharply on Monday as uncertainty grew around a potential peace agreement between the United States and Iran. A senior US official said final approval for the deal to end ongoing hostilities could take several more days. Brent crude dropped more than five percent to about 95 dollars per barrel, though prices remain roughly 30 percent higher than before the conflict began.

US and Iranian officials issued conflicting statements about the progress of the talks. Both sides indicated that a deal could reopen the Strait of Hormuz, a vital route for global oil and gas shipments currently restricted by Iran. Analysts view the possible agreement as a political opportunity for President Donald Trump to distance himself from a long-unpopular war, though key issues such as Iran’s nuclear program may remain unresolved.

Regional tensions persist, with Israeli politicians warning the deal might fail to limit Iran’s nuclear capacity, and clashes continuing between Israel and Hezbollah in Lebanon. Meanwhile, Pakistan’s leaders, acting as mediators, visited China for talks with President Xi Jinping, underscoring Beijing’s stake as Iran’s largest oil buyer.

Mohammad Nurul Amin, a veteran banker with over four decades of experience, has been appointed as the new chairman of the board of directors of Bangladesh Krishi Bank. The appointment was made on Sunday by the Financial Institutions Division of the Ministry of Finance of the Government of Bangladesh.

Amin has served in key leadership roles across several prominent banks and financial institutions in the country during his 42-year career. Before assuming his current position, he worked for about 13 years as managing director and chief executive officer of Meghna Bank and NCC Bank. He is widely recognized for his strategic leadership and contributions to the development of the banking sector.

He previously chaired major industry bodies including the Association of Bankers, Bangladesh (ABB), the Bangladesh Foreign Exchange Dealers Association (BAFEDA), and Primary Dealers Bangladesh Limited. His academic background includes degrees in economics from the University of Dhaka and diplomas from Oxford and Cambridge universities. His leadership is expected to strengthen governance and modernization efforts at Bangladesh Krishi Bank.

Saudi Arabia’s Crown Prince Mohammed bin Salman’s Vision 2030 plan, once hailed as a blueprint for transforming the Middle East, is now facing major setbacks. The ambitious initiative, launched a decade ago to diversify the economy beyond oil through technology, tourism, and investment, is being reassessed amid financial and geopolitical pressures. Several mega projects, including the $500 billion NEOM city, have been scaled back, delayed, or risk cancellation as the 2030 deadline approaches.

Analysts attribute the slowdown to economic strain and regional instability. Falling oil prices before the recent Middle East war reduced Saudi revenues, while the ongoing conflict has created uncertainty for long-term investments. Foreign investment has also fallen short of expectations, with experts citing unrealistic planning and exaggerated projections by officials and consultants. Previous projects, such as the King Abdullah Economic City, similarly failed to meet expectations.

Despite setbacks, Vision 2030 has brought visible social changes, including women’s driving rights and international entertainment events. However, the new regional war has further clouded Saudi Arabia’s economic outlook, particularly in technology and manufacturing sectors, though mining remains stable.

Authorities at Chattogram Port have formed special task forces and teams to ensure uninterrupted cargo handling during the seven-day government holiday that began on May 25 for Eid-ul-Azha. The initiative aims to keep the country’s main import-export gateway operational despite the extended break.

BGMEA Director Rakibul Alam Chowdhury urged port and customs officials not to treat the holiday as a complete shutdown, warning that production could face major disruptions otherwise. BICDA Secretary General Ruhul Amin Sikder Bipul said the long post-Eid holiday period poses challenges for importers and exporters, calling for all stakeholders to remain active.

Commodore Amin Ahmed Abdullah, Member (Marine and Harbor) of Chattogram Port, said two special task forces will oversee cargo unloading at outer anchorage and operations at jetties and yards, while another team will handle security. Assistant Commissioner Sharif Md. Al Amin of Chattogram Customs House confirmed that sufficient personnel will continue working during the holidays to maintain customs operations, emphasizing interdepartmental cooperation.

Bangladesh has introduced a 25 percent fare discount for elderly and physically disabled passengers on metro and train travel. The program was inaugurated on Monday at Dhaka’s Farmgate Metro Station, with Road Transport, Bridges, Railways and Shipping Minister Sheikh Robiul Alam MP attending as chief guest. Senior officials from the concerned ministries were also present at the event.

According to the minister, the initiative aims to make public transport more humane, inclusive, and citizen-friendly. Elderly citizens aged 65 and above and persons with disabilities or special needs will receive a 25 percent discount on single-journey metro tickets upon presenting valid identification. The same discount applies to train tickets purchased both online and at counters, with age verification based on national ID information. Existing 50 percent discounts for disabled passengers in certain train classes remain in effect, while a new 25 percent reduction has been added for all air-conditioned classes.

Officials believe the program will make the country’s public transport system more inclusive and passenger-oriented.

During the seven-day Eid-ul-Azha bank holiday from May 25 to 31, customers across Bangladesh faced difficulties withdrawing cash from ATM booths. Despite Bangladesh Bank’s directive to ensure uninterrupted ATM services, several booths ran out of cash or imposed withdrawal limits. Field visits in Dhaka’s Mouchak, Malibagh, Moghbazar, and Karwan Bazar areas revealed that many booths of weaker banks were out of service, while some stronger banks also restricted withdrawals or blocked transactions from other banks’ cards.

Social media users reported frustration, describing the situation as mismanagement and unfair to customers needing cash for Eid expenses. Bangladesh Bank spokesperson Arif Hossain Khan stated that the central bank had supplied sufficient cash to all banks and that any shortages were due to individual banks’ internal management. He warned that banks neglecting service continuity could face action.

Earlier, Bangladesh Bank had issued a circular instructing all scheduled banks to maintain adequate cash in ATMs, ensure technical readiness, strengthen booth security, and keep mobile financial and online payment services operational during the holiday period.

In Kishoreganj upazila of Nilphamari, 250 impoverished residents received financial assistance from the Prime Minister’s Relief and Welfare Fund ahead of Eid-ul-Azha. Each beneficiary was given 2,000 taka, totaling 500,000 taka in distributed aid. The distribution ceremony took place on Monday afternoon at the upazila parishad conference room.

The financial aid was handed over by Abdul Muntakim, Member of Parliament for Nilphamari-4 constituency. The event was attended by Upazila Nirbahi Officer Arifur Rahman, local Jamaat leader Abdur Rashid Shah, secretary Ferdous Alam, and Press Club president Abu Hasan Sheikh, among others.

The initiative aimed to support underprivileged families during the religious festival, ensuring they could celebrate Eid-ul-Azha with dignity and financial relief.

Tea garden workers in Habiganj have begun an indefinite work stoppage demanding payment of overdue wages, rations, and festival bonuses, along with seven other points. The strike started on Monday morning across four estates—Deundi, Lalchan, Mritinga, and Noapara—located in Chunarughat and Madhabpur upazilas. Around 5,000 workers are reportedly facing severe hardship due to weeks of unpaid weekly wages, leading to growing frustration and uncertainty over salaries and bonuses.

A tripartite meeting was held on May 6 in Srimangal between owners, workers, and the labor department, where it was decided that all arrears would be cleared promptly. The meeting also agreed on repairing dilapidated housing before the monsoon and ensuring medical facilities as per labor law. However, the workers allege that the owners failed to implement these decisions, prompting the strike. Workers have been staging sit-ins at local temples instead of reporting to the gardens and factories.

According to the Deundi Tea Garden Panchayat Committee president, the strike will continue until the seven-point demands are met.

The Dhanua Kamalpur land port in Bakshiganj, Jamalpur, will remain closed for seven consecutive days during the Eid-ul-Azha holidays. Starting Monday, all import and export activities through the port will be suspended, according to port authorities. Operations are scheduled to resume on June 1.

The port handles the import of 34 types of goods, including stone from India, and exports various Bangladeshi products such as plastic. It plays a significant role in the economic development of northern Jamalpur, providing daily employment for 6,000 to 8,000 workers when operational.

The temporary closure is part of the national holiday schedule for Eid, after which normal trade and labor activities are expected to resume without disruption.

The Asian Development Bank (ADB) has announced a $5 billion financing package for Bangladesh over the next five years to help the country manage rising economic pressures caused by global conflicts and domestic financial challenges. ADB President Masato Kanda made the announcement in Dhaka on Monday during meetings with Prime Minister Tarique Rahman and senior officials. The funds will be used under the 'Integrated Growth Network Development Initiative' to improve connectivity, boost investment, and ensure balanced regional development.

According to ADB, Bangladesh’s import-dependent economy has come under strain due to higher energy, LNG, fertilizer, and transport costs linked to the U.S.-Israel-Iran conflict, alongside persistent inflation and liquidity shortages in the banking sector. The new package will provide about $1 billion annually as part of ADB’s sovereign financing program. During the visit, loan agreements worth $1.4 billion were also signed for energy, transport, climate resilience, and social development projects.

ADB further announced an additional $250 million to address financing gaps and plans to raise its annual sovereign financing for Bangladesh by 20 percent to $2.4 billion, supporting investment-led growth, economic diversification, and governance reforms.

A recent report highlights that the United States tops global meat consumption, with 97 percent of Americans eating meat regularly, followed by Lithuania and Brazil at 96 percent. In contrast, Bangladesh ranks near the bottom, with the second-lowest per capita meat consumption worldwide. According to the Organization for Economic Co-operation and Development (OECD), Bangladeshis consume only 0.9 kilograms of beef and 1.36 kilograms of poultry per person annually, most of it during religious festivals.

The report notes that global meat production has increased fivefold since the 1960s, driven by population and income growth. Wealthier nations tend to consume more meat, while poorer countries treat it as a luxury. In Africa, countries such as Ethiopia, Nigeria, and Tanzania also record low consumption levels. Meanwhile, middle-income countries like China and Brazil have seen sharp increases in meat demand alongside economic growth.

Despite growing awareness campaigns promoting reduced meat intake, data from the United States and Europe show that overall consumption remains steady or slightly rising, though consumers are shifting from red meat to poultry for health and environmental reasons.