The Bangladesh government has decided to ban the import of cloned, stolen, and refurbished mobile phones to curb illegal trade and protect the domestic device industry. The decision was made during a meeting involving the National Board of Revenue (NBR), the Ministry of Commerce, the Posts and Telecommunications Division, and the Bangladesh Telecommunication Regulatory Commission (BTRC). Migrant workers registered with the Bureau of Manpower, Employment and Training (BMET) will be allowed to bring up to three phones tax-free, while others can bring two. The government also plans to significantly reduce import duties on legally imported smartphones, currently around 61%, to make them more affordable. Additionally, measures will be taken to align taxes on locally manufactured phones to prevent harm to foreign investments. The new National Equipment Identity Register (NEIR) system will take effect on December 16, ensuring only phones with valid IMEI numbers remain active. Authorities also warned citizens to use SIM cards registered in their own names to avoid cybercrime risks.

Bangladesh’s Trade Adviser Sheikh Bashiruddin stated that the recent increase in edible oil prices by traders has no legal justification and was done without government approval. Speaking to reporters at the Secretariat on Wednesday, he said the government learned about the price hike only half an hour before it was implemented. The adviser criticized the collective decision by companies to raise prices, calling it unacceptable. He noted that the Trading Corporation of Bangladesh (TCB) recently purchased soybean and rice bran oil from these companies at prices about 20 taka lower than current market rates, questioning the rationale behind the hike. Bashiruddin assured that the government will discuss and determine appropriate actions, including possible legal measures if laws were violated. He emphasized that the government retains regulatory authority over traders and aims to maintain a stable supply chain, especially ahead of Ramadan. The adviser also mentioned that prices of sugar, lentils, and eggs have recently decreased, indicating positive market trends.

A 112-year-old Fabergé masterpiece known as the ‘Winter Egg’ has sold for a record £22.9 million (approximately 3.7 billion Bangladeshi taka) at Christie’s in London. Crafted in 1913 by Russian artist Peter Carl Fabergé for Tsar Nicholas II as a gift to his mother, the intricately designed egg is carved from rock crystal and adorned with about 4,500 diamonds, platinum snowflake motifs, and a miniature flower basket made of white quartz inside. The buyer chose to remain anonymous. This sale surpassed the previous record set in 2007 for any Fabergé artwork. Christie’s expert Margo Oganesian said the result reaffirms the timeless significance of Fabergé’s craftsmanship. The ‘Imperial Winter Egg’ is one of only 50 imperial eggs created for the Romanov family between 1885 and 1917, of which only seven remain in private collections today.

Bangladesh Bank has approved the launch of the Combined Islamic Bank PLC, formed through the merger of five struggling Islamic banks—First Security Islami Bank, Global Islami Bank, Social Islami Bank, EXIM Bank, and Union Bank. The new institution began operations on December 2, with its official inauguration scheduled for Thursday by Governor Dr. Ahsan H. Mansur. Depositors will be able to withdraw up to Tk 2 lakh starting Sunday, while a roadmap is being prepared for larger withdrawals. The bank’s paid-up capital has been set at Tk 35,000 crore, with the government contributing Tk 20,000 crore and depositors’ shares covering the remaining Tk 15,000 crore. The authorized capital stands at Tk 40,000 crore. Officials expect the merger to stabilize the Islamic banking sector and restore depositor confidence after months of financial uncertainty.

The United Nations is grappling with a severe financial crisis after four major member states—United States, China, Russia, and Mexico—failed to pay their dues, leaving the organization short of $1.59 trillion. To manage the shortfall, UN Secretary-General António Guterres announced a 15.1% reduction in the 2026 budget to $3.24 billion and an 18.8% cut in staff positions, eliminating 2,681 posts. Despite the austerity, funding for the UN Relief and Works Agency for Palestine Refugees (UNRWA) and African development initiatives will remain unchanged. The UN also plans to reduce spending on special political missions by 21.6% and cancel two office leases in New York by 2027 to save $24.5 million annually from 2029. Guterres emphasized that the liquidity crisis has already left 18% of positions vacant, warning that continued non-payment by member states threatens the UN’s operational capacity.

Bangladesh’s Fisheries and Livestock Advisor Farida Akhter emphasized the need for responsible harvesting, technological innovation, science-based policymaking, and effective governance to ensure sustainable marine development. Speaking at the second day of the international conference ‘Marine Fisheries and Blue Innovations: Safeguarding Ocean Harmony’ in Chattogram, she said that identifying the blue economy as a national priority has created opportunities for a sustainable ocean future through coordination among science, policy, and community development. Farida highlighted alarming declines in small pelagic fish stocks—down 78.6% in seven years—and the rise of jellyfish due to reduced predator fish, signaling ecological imbalance in the Bay of Bengal. She also warned that the hilsa fish, a national and global heritage species, faces serious threats. Farida called for regional and global cooperation to combat climate change and illegal fishing, and urged that research findings by Bangladeshi scientists be prioritized in policymaking for ecosystem protection and climate-resilient fisheries management.

Bangladesh Bank is set to introduce a newly designed Tk 500 banknote on December 4, themed on the country's historic and archaeological architecture. The note, bearing the signature of Governor Dr. Ahsan H. Mansur, will first be issued from the central bank’s Motijheel office before being distributed nationwide. The 152mm × 65mm note features the Central Shaheed Minar on the front and the Supreme Court of Bangladesh on the back. The design incorporates a blooming national water lily motif and predominantly green tones for a modern and secure look. It includes ten advanced security features, such as color-shifting ink, a red security thread that changes color under light, tactile marks for the visually impaired, and UV-visible elements. The Royal Bengal Tiger watermark and electrotype ‘500’ enhance authenticity. Bangladesh Bank confirmed that all existing notes and coins will remain valid, while collectors can obtain sample notes from the Money Museum in Mirpur.

The Bangladesh Public Service Commission (PSC) has issued a recruitment circular for 24 non-cadre positions in the 9th and 10th grades across various ministries and departments. The announcement, published on November 30, 2025, includes posts such as Assistant Architect, Assistant Computer Programmer, Public Relations Officer, Accounts Officer, and Assistant Cipher and Consular Officers. The positions fall under ministries including Housing and Public Works, Environment, Forest and Climate Change, and Foreign Affairs. Applicants must hold relevant bachelor's or master's degrees from recognized universities, with specific academic requirements for each post. The salary ranges from BDT 16,000 to 53,060 depending on grade. Candidates must be under 32 years of age as of November 1, 2025. Online applications can be submitted through the PSC website or Teletalk portal between December 14, 2025, and January 13, 2026. The application fee is BDT 200, reduced to BDT 50 for underprivileged applicants.

At least 712 people have been confirmed dead and more than 500 remain missing after devastating floods and landslides struck Indonesia’s Sumatra Island last week, according to the National Disaster Management Agency (BNPB). The disaster has affected around 1.1 million people across three provinces, with North and West Sumatra suffering the worst damage. Communication and transportation links in areas like Tapanuli and Sibolga have been completely severed, hampering rescue and relief operations. Despite government and international aid being sent by air and sea, many remote villages remain cut off, leading to severe shortages of food and clean water. Reports of looting and unrest have emerged as desperate residents struggle to survive. Authorities have deployed police to maintain order and facilitate aid distribution. In response to the communication crisis, technology entrepreneur Elon Musk has announced free Starlink internet services to support emergency connectivity in the affected regions.

Dhaka Mass Transit Company Limited (DMTCL) and Annex Communications Limited have signed an agreement granting Annex exclusive rights to manage inside branding services for the Dhaka Metro Rail. The signing ceremony took place at DMTCL’s conference room on Monday, December 1, marking a new phase of collaboration between the two organizations. The agreement was signed by DMTCL’s Joint Secretary and Company Secretary (additional duty) Khandaker Ehteshamul Kabir and Annex Communications Director Sharif Sabbir. Senior officials from both sides, including DMTCL Managing Director Faruk Ahmed and Annex Chairman Mahmudur Rahman, attended the event. The partnership aims to enhance the metro’s passenger experience through innovative branding and advertising solutions, while also opening new commercial opportunities for both entities. The initiative reflects DMTCL’s broader strategy to integrate modern marketing approaches within public transport infrastructure.

The Bangladesh Energy Regulatory Commission (BERC) has announced an increase in the retail price of liquefied petroleum gas (LPG) for December. The price of a 12-kilogram LPG cylinder has been raised by Tk 38, from Tk 1,215 to Tk 1,253. The new rate will take effect from the evening of December 2. Additionally, the price of autogas has been revised upward from Tk 55.58 per liter to Tk 57.32 per liter. The adjustment follows a previous price reduction in November, when LPG prices were cut by Tk 26 and autogas by Tk 1.19 per liter. BERC reviews LPG prices monthly based on fluctuations in international market rates and exchange rates, aiming to ensure fair pricing for both consumers and suppliers.

Iranian authorities have announced the discovery of a large new gold reserve in the privately owned Shadan mine in South Khorasan province. According to local media reports on December 1, the Ministry of Industry, Mine, and Trade has confirmed the authenticity of the find. The newly discovered deposit includes approximately 7.95 million tons of oxide gold ore and 53.1 million tons of sulfide gold ore, which are expected to significantly boost the mine’s total reserves. The easily extractable oxide ore is seen as a major advantage for Iran’s mining sector. Officials believe this discovery could strengthen the country’s economy, which has been weakened by years of international sanctions and inflation. The Iranian rial continues to depreciate against the US dollar, prompting many citizens to view gold as a safe investment. Iran currently has 15 active gold mines, with Zarshouran being the largest. The announcement follows Pakistan’s recent report of a major gold discovery in Khyber Pakhtunkhwa province.

The northern Bangladeshi district of Panchagarh, particularly Tetulia, is experiencing an early onset of winter as temperatures dropped to 11.7°C on Tuesday, the lowest of the season so far. The cold, combined with 79% humidity and dense fog, has significantly reduced visibility, forcing vehicles to use headlights even during the day. Local residents and drivers reported difficulties due to the biting cold and poor visibility, with reduced passenger numbers affecting daily income. The Tetulia Weather Observatory confirmed that temperatures had hovered around 13°C for several days before falling further. Officials indicated that such an early temperature drop in December could signal the possibility of a cold wave in the coming days. Despite daytime sunshine, the chill in the early morning and evening hours has intensified, making daily life increasingly difficult for locals.

More than 70 secretaries from various ministries in Bangladesh have opposed proposals for a steep pay hike under the upcoming ninth pay scale, urging the Pay Commission to make realistic recommendations in line with the government’s financial capacity. The commission has so far held four rounds of consultations with secretaries and discussions with over 250 organizations, both online and in person. While some groups have demanded salary increases up to three or four times the current levels, a significant number of secretaries have cautioned against such moves, emphasizing fiscal sustainability. Commission officials said the process of gathering opinions was challenging due to scheduling constraints but noted that the feedback is being carefully reviewed. They expect to finalize and submit the recommendations within the stipulated timeframe, with special attention to minimum wage structures and grade reclassification.

Bangladesh’s November Economic Update and Outlook report by the General Economics Division (GED) highlights a mixed economic scenario. While bank deposits have shown robust growth, private sector credit expansion remains sluggish. The report notes that overall inflation has fallen to single digits, largely due to declining food prices and improved supply conditions. Food inflation dropped from 12.66% to 7.08%, while non-food inflation slightly rose to 9.13%, reflecting ongoing pressure in housing, transport, and healthcare costs. The report also indicates that rice prices, which surged earlier in 2025, have begun to decline as new Aman harvests entered the market and government procurement boosted domestic reserves. Despite steady economic growth, the National Board of Revenue continues to fall short of its collection targets. Export performance remains volatile, though moderate recovery is expected in the coming months.