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The Hajj Agencies Association of Bangladesh (HAAB) has urged the government to withdraw the proposed Bangladesh Travel Agency (Registration and Regulation) Ordinance 2025, introduced by the Ministry of Civil Aviation and Tourism. At a press conference in Dhaka, HAAB leaders, including President Syed Golam Sarwar and Secretary General Farid Ahmed Majumdar, argued that the proposed law would severely harm the travel industry. They claimed that over 90% of the country’s 5,946 registered travel agencies rely on inter-agency ticketing, which the new ordinance seeks to ban. According to HAAB, this restriction could force around 5,000 agencies to shut down, affecting nearly 50,000 families dependent on the sector. The association also objected to provisions prohibiting travel agencies from operating recruiting businesses at the same address, saying it would increase operational costs. HAAB called for reconsideration of the ordinance to protect the continuity and stability of the travel and tourism sector, which plays a vital role in supporting remittance inflows and facilitating Hajj and Umrah travel services.
HAAB urges withdrawal of proposed travel agency law fearing closure of 90% agencies in Bangladesh
Safayat Arefin has been promoted to the position of Executive Director at Bangladesh Bank, effective November 19. Before this promotion, he served as Acting Managing Director of The Security Printing Corporation (Bangladesh) Ltd. Arefin began his career in 1999 as an Assistant Director at Bangladesh Bank and has since held key roles in several departments, including the Microcredit Regulatory Authority under the Ministry of Finance. He also served as General Manager overseeing finance, foreign procurement, research, and quality control. Arefin holds a master’s degree in Finance and Banking from the University of Dhaka and is a globally certified consultant in Business Solutions ERP SAP Germany, as well as a certified professional in public procurement from UNDP/CIPS, UK. Originally from Mirsharai, Chattogram, he has represented Bangladesh in various official and professional visits abroad.
Safayat Arefin promoted to Executive Director of Bangladesh Bank after a long career in finance
Around 30,000 tons of Indian onions are reportedly rotting near the Bangladesh border after Dhaka temporarily suspended onion imports, leaving Indian exporters in severe distress. The affected consignments are mainly stored in West Bengal’s Malda and South Dinajpur districts, where traders had stocked onions anticipating regular exports to Bangladesh. With the ban in place, prices have plummeted to as low as 2 rupees per kilogram at the Mahadipur-Sonamasjid border, compared to 20–22 rupees in local markets. Exporters claim they had procured onions from Maharashtra’s Nashik region based on verbal commitments from Bangladeshi importers, who are now unable to take delivery. The suspension reportedly followed a notice from Bangladesh’s Department of Agricultural Extension under the Ministry of Agriculture on November 16. Local trade associations warn that if the border remains closed, many exporters could face bankruptcy due to the massive financial losses incurred.
Bangladesh import halt leaves 30,000 tons of Indian onions rotting at border causing huge exporter losses
The recently concluded 'Natun Kuri' competition, Bangladesh’s iconic children’s talent platform, returned after two decades under the supervision of the Ministry of Information and Broadcasting and Bangladesh Television (BTV). About 39,000 participants from 64 districts competed across 12 categories, including acting, singing, recitation, and dance. The contest aimed to foster inclusivity, drawing participants from diverse religious and socioeconomic backgrounds. Priyoshi Chakraborty from Tangail and Shubhamita Talukdar from Sunamganj emerged as champions in the ‘Ka’ and ‘Kha’ divisions respectively. A total of 63 child performers received 73 awards, with girls significantly outnumbering boys among winners. The event highlighted the strong influence of educational and culturally active families in nurturing talent. BTV announced that top contestants would be enlisted as official performers and featured in a new show titled 'Shishu Prohor'. The competition’s revival has reinvigorated Bangladesh’s cultural scene, inspiring young talents and engaging audiences both on television and digital platforms.
Natun Kuri returns after 20 years celebrating Bangladesh’s young talents and cultural diversity
Bangladesh Bank has advised five Islamic banks to reduce employee salaries and allowances by up to 20% as part of cost-cutting measures amid a severe liquidity crisis. The affected banks—First Security Islami Bank, Social Islami Bank, Union Bank, Global Islami Bank, and EXIM Bank—are set to merge into a new entity called 'Combined Islami Bank.' During a meeting chaired by Governor Ahsan H. Mansur, the banks requested BDT 1,000 crore in liquidity support, but the central bank approved only BDT 350 crore. Officials emphasized the need to reduce operational expenses and expedite the launch of the new bank. Around 16,000 employees work across these institutions, which have previously received BDT 35,300 crore in government assistance yet to be repaid. The new bank’s board will consist of seven members, chaired by Financial Institutions Division Secretary Nazma Mubarak, with equal representation from professional bankers, accountants, and lawyers as independent directors.
Bangladesh Bank advises five Islamic banks to cut salaries by 20% amid liquidity crisis and merger plan
Scientists worldwide are attempting to develop a laboratory-made version of the rarest blood type, Rh-null, often called 'Golden Blood'. Found in only about one in six million people, this blood lacks all 50 known Rh antigens, making it compatible with nearly all Rh blood groups. Due to its extreme rarity—only around 50 people globally have it—researchers are exploring genetic and stem cell technologies to replicate it. Teams in the UK, Canada, the US, and Spain are using CRISPR-Cas9 gene editing and stem cell methods to produce customized red blood cells. Although large-scale production remains challenging due to cell maturation and technical hurdles, clinical trials like the UK’s RESTORE project have begun testing lab-grown blood in humans. Experts believe that while traditional donors will still be needed, lab-produced rare blood could revolutionize transfusion medicine and save lives in the future.
Scientists work to create lab-grown universal 'Golden Blood' to overcome rare blood shortages
In Bangladesh’s Chalan Beel region, widespread snail collection has raised serious environmental concerns as local farmers and fishers, facing seasonal unemployment, harvest snails for sale to traders who supply them as feed for ducks and fish. The trade, reportedly worth around 50,000 taka daily at Bilsha point alone, has become a major source of income for marginalized communities. However, environmental experts warn that snails play a crucial ecological role by cleaning water bodies and maintaining soil fertility. Their indiscriminate removal could lead to water pollution, reduced fish production, and declining soil quality. Despite existing laws protecting aquatic species, enforcement remains weak, allowing the practice to continue unchecked. Local biodiversity activists have urged administrative intervention, while agricultural officials caution that the loss of snails and other aquatic organisms could reduce calcium levels in the soil, ultimately affecting crop yields. The local administration has pledged to investigate and take legal action against those involved.
Indiscriminate snail harvesting in Chalan Beel endangers biodiversity and soil fertility in Bangladesh
In a rare and astonishing event in the deep Bay of Bengal, around three maunds of hilsa fish reportedly jumped directly onto a cargo vessel without the use of nets. The incident occurred about 70 kilometers off the coast near the first buoy of the Rabnabad Channel at Payra Port in Patuakhali. Crew members of the coal-carrying vessel MV KSL Gladiator witnessed the unusual phenomenon as schools of small hilsa suddenly leapt from the sea onto the ship’s deck, resembling a silvery rain. Ship engineer Robiul Hossain captured a short video of the event and shared it with journalists. Marine science expert Dr. Rajib Sarkar from Patuakhali Science and Technology University explained that the behavior might have been triggered by predatory fish chasing the hilsa, combined with the ship’s lights, vibrations, and propeller noise, which could have disoriented the fish and caused them to leap upwards. The sailors described the experience as a once-in-a-lifetime sight.
Three maunds of hilsa jumped onto a cargo ship in the Bay of Bengal astonishing the crew
India has issued a red alert for Tamil Nadu, Andhra Pradesh, and the Union Territory of Puducherry as Cyclone Ditwa moves rapidly toward the southeastern coast. The India Meteorological Department (IMD) reported that the cyclone is expected to pass near the northern Tamil Nadu, Puducherry, and southern Andhra Pradesh coasts on Sunday. Chennai airport authorities have canceled 54 flights as a precaution. Wind speeds are reaching 70–80 km/h, with gusts up to 90 km/h, and heavy rainfall has already affected the region. IMD officials warned of possible flooding in low-lying areas and advised residents to stay indoors. Fishermen have been instructed not to venture into the sea. While major damage is not anticipated, agricultural fields may suffer losses. The Tamil Nadu government stated that it is fully prepared to handle any emergency situation arising from the cyclone’s impact.
Cyclone Ditwa prompts red alert in three Indian states and cancellation of over 50 flights
Severe monsoon rains, floods, and landslides have killed more than 600 people across South and Southeast Asia, with hundreds still missing. Indonesia, Malaysia, Thailand, and Sri Lanka are among the worst affected countries. Indonesia’s Sumatra island alone reported over 300 deaths after days of heavy rainfall, while Thailand’s southern provinces saw at least 160 fatalities in one of the worst floods in decades. Sri Lanka, battered by Cyclone Ditwahar, has declared a state of emergency after more than 130 deaths and 170 missing persons. Malaysia’s northern regions also reported casualties and mass evacuations. Meteorologists attribute the extreme weather to the combined effects of Typhoon Koto near the Philippines and the rare Cyclone Seniyar in the Malacca Strait. Millions have been displaced, infrastructure severely damaged, and rescue operations hampered by ongoing bad weather across the region.
Over 600 killed as floods and cyclones ravage South and Southeast Asia amid relentless monsoon rains
Around 30,000 tons of Indian onions are reportedly rotting at the Bangladesh border after Dhaka abruptly halted imports to protect local farmers. Exporters from West Bengal and Maharashtra, who had shipped onions to border points like Mahadipur, Petrapole, Ghojadanga, and Hili, are now facing heavy losses. The onions, purchased at around 16 rupees per kilogram and transported at a total cost of 22 rupees, are being sold for as little as 2 rupees per kilogram to avoid total spoilage. In Mahadipur alone, nearly 20,000 tons of onions are stuck, with traders employing workers daily to separate rotten stock. Exporters claim they acted on verbal assurances from Bangladeshi importers, making the sudden ban particularly damaging. Meanwhile, retail onion prices in Indian markets remain between 20 and 30 rupees per kilogram, and traders fear further price drops once stored stock reaches the market. Consumers and traders alike have criticized both state and central governments for mismanagement.
Thirty thousand tons of Indian onions rot at Bangladesh border after sudden import halt
Shahjalal Islami Bank Limited (SJIBL) is advancing Bangladesh’s cashless transaction ecosystem through robust digital infrastructure, innovative payment systems, and international collaborations. Managing Director Mosleh Uddin Ahmed stated that the bank has developed state-of-the-art internet and app-based payment systems, enabling customers to make secure transactions across merchants, utilities, and wallet accounts. SJIBL has partnered with institutions in India, Sri Lanka, and Singapore for technical maintenance and remittance services, ensuring uninterrupted digital operations. The bank’s new app, Shahjalal TouchPay, and integration with mobile financial services, card payments, and corporate payment systems enhance service quality and accessibility. Customers can now make charge-free transactions via Bangla QR and EFT systems under Bangladesh Bank guidelines. Despite progress, SJIBL faces challenges from rising cyber threats and regulatory complexities in launching new digital products. The bank remains committed to strengthening cybersecurity, customer awareness, and continuous innovation to sustain its leadership in the competitive digital banking landscape.
Shahjalal Islami Bank boosts secure cashless transactions through digital innovation and global partnerships
Eastern Bank PLC (EBL) has introduced the world’s first biometric metal card featuring fingerprint-based security, reinforcing Bangladesh’s move toward a cashless economy. The bank’s Managing Director, Ali Reza Iftekhar, stated that EBL’s innovations—such as the WEAREBL wearable payment device, upgraded Sky Banking app, and multi-network virtual cards—are designed to make digital transactions faster, safer, and more convenient. EBL has also ensured interoperability with mobile financial services (MFS) and e-commerce platforms, while adopting AI-based fraud detection and real-time transaction monitoring to strengthen cybersecurity. Drawing lessons from India, Sri Lanka, and Pakistan, EBL is developing cost-effective peer-to-peer transfer models and merchant-friendly fee structures. The bank is also promoting digital literacy and awareness to address fraud and social engineering risks, particularly in rural areas. These initiatives aim to enhance customer trust and accelerate Bangladesh’s transition to a secure, inclusive digital banking ecosystem.
Eastern Bank unveils fingerprint-secured biometric metal card to advance Bangladesh’s cashless banking vision
Bangladesh Bank has announced plans to introduce a new interoperable digital payment platform called the Inclusive Instant Payment System (IIPS) by July 2027, aiming to make the country’s financial transactions fully cashless. The initiative, supported by the Gates Foundation’s Mojaloop platform, will connect banks, mobile financial services (MFS), insurance companies, and other financial institutions under a unified system. Governor Ahsan H. Mansur stated that the system will enhance transparency, reduce corruption, and lower transaction costs by minimizing the need for cash-outs. The agreement for the platform was signed virtually for security reasons. Experts believe the system will formalize the informal economy and could boost Bangladesh’s GDP by 2.5% to 5.4%, equivalent to an additional $12–25 billion. Currently, the country spends around Tk 20,000 crore annually on cash handling and currency management, a cost expected to drop significantly once IIPS is operational.
Bangladesh Bank to launch interoperable digital payment system to make transactions fully cashless by 2027
Bangladesh Bank and commercial banks have collectively invested around Tk 12 trillion to promote cashless transactions across the country, according to a recent central bank report. The initiative includes building digital infrastructure, installing modern hardware and software, and expanding digital payment systems from cities to rural areas. Currently, about 45% of total financial transactions are conducted digitally, compared to 90% cash-based transactions previously. The move aims to reduce corruption, counterfeiting, and transaction risks while saving an estimated Tk 20,000 crore annually in cash printing and management costs. Despite progress, small-scale transactions remain largely cash-based, and cyber security has emerged as a major challenge due to low user awareness. The central bank is enhancing oversight, improving system security, and running awareness campaigns to encourage safer digital practices. Authorities believe that expanding digital payments will accelerate economic activity, formalize business operations, and increase government revenue by curbing illegal cash transactions.
Bangladesh Bank invests Tk 12 trillion to expand digital and cashless transactions nationwide
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