Nation this week
Farmers in Kurigram broke open a dealer's warehouse and took away 197 sacks of urea fertiliser, each weighing 50kg. Later, following police intervention, 33 farmers returned 33 sacks of fertiliser. Police and the upazila agriculture office said the incident was triggered by frustration among farmers over a fertiliser shortage. According to the upazila agriculture office, 1,320 sacks of fertiliser had been allocated to dealer Shah Amanat Traders, based in Tilai Union, for distribution in Shilkhuri Union of Bhurungamari upazila.
Of this allocation, the dealer collected 340 sacks of urea fertiliser and stored them in the warehouse for the ongoing Aman season. However, farmers said they had visited the warehouse several times but could not obtain fertiliser, leading to growing frustration. On Sunday (Aug. 23), they decided to break in and took away the fertiliser. Bhurungamari Police Station Officer-in-Charge Azim Uddin said the upazila's demand for fertiliser is around 4,000 sacks, against an allocation of 1,320 sacks.
Bangladesh's economy showed signs of gradual stabilisation in the fourth quarter of the financial year 2025-26, supported by stronger remittance inflows, a significant buildup of foreign exchange reserves, easing inflation and a rebound in exports in June, although economic activity remained subdued. According to the latest 'Review of Economic Situation in Bangladesh, April-June 2026' prepared by the Metropolitan Chamber of Commerce and Industry.provisional estimates put the country's FY26 GDP growth at 4.14 percent, up from 3.49 percent in FY25.
Inflation, although still high, also moved in a favourable direction in June. Headline inflation declined to 9.16% from 9.42 percent in May, while food inflation fell to 8.60 percent from 9.06 percent. However, the report cautioned that the stabilisation remained fragile. High inflation, weak private investment and credit growth, subdued exports, fiscal constraints and vulnerabilities in the banking sector continued to weigh on the economy. Overall, the review suggests the economy has moved toward gradual stabilisation
Sammilito Islami Bank will allow individual depositors to withdraw their principal amounts from certain deposit accounts as needed from September 1, in line with instructions from Bangladesh Bank Governor Md Mostaqur Rahman. He gave the instruction when Kazi Shairul Hasan, chairman, and Abedur Rahman Sikder, managing director of the bank, met him at his office. He also asked the bank to inform depositors that there will be no haircut on their profits, as confusion over the issue persists despite the finance minister's announcement in parliament.
Depositors are already being refunded under the scheme announced on December 29, 2025, according to a Bangladesh Bank press release. From September 1, depositors can withdraw principal amounts from Al-Wadiyah current accounts, Mudaraba savings accounts, and Mudaraba term deposits as needed, beyond the limits set under existing instructions. The governor also instructed the bank, formed out of the merger of five troubled Islamic banks, to resume all normal banking operations as soon as possible.
Bangladesh is set to spend around $2.3 billion to buy 20 J-10CE multirole combat aircraft from China, with the cost of each fighter rising from a base price of $62.7 million to nearly $115 million after training, logistics, construction and other related expenses are included. Zahed Ur Rahman, the prime minister's information and broadcasting adviser, speaking at his weekly press conference at the Secretariat, said that a committee had prepared a draft agreement for negotiations over the purchase of the Chinese-made jets.
He also said procurement of fourth-generation multirole combat aircraft (MRCA), fighter aircraft, attack helicopters, VIP helicopters and UAV systems was under way. The J-10CE is a modern, single-engine, single-seat multirole combat aircraft. It is the export version of the J-10C fighter aircraft operated by the Chinese Air Force. The agreement for the purchase is expected to be signed during the current 2026-27 financial year through a direct procurement process.


















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