Bangladesh Removes REHAB President Ali Afzal Over Loan Default
Bangladesh's commerce ministry has removed REHAB President Ali Afzal over loan default, citing Bangladesh Bank CIB report under Section 23(1)(b) of the relevant law.
Breaking news, industry insights, policy updates, and market intelligence on Bangladesh's export economy — RMG, pharmaceuticals, leather, jute, agriculture, and emerging sectors. Curated for trade professionals, exporters, buyers, and policymakers.
⚖️ Policy & Regulation
Bangladesh's commerce ministry has removed REHAB President Ali Afzal over loan default, citing Bangladesh Bank CIB report under Section 23(1)(b) of the relevant law.
⚖️ Policy & Regulation
Bangladesh has issued its first dedicated Air Navigation Order on aviation security ahead of an ICAO audit scheduled for October 26, formalising existing security protocols under legal framework.
⚖️ Policy & Regulation
⚡ Breaking Bangladesh's tariff and trade policy reforms can no longer wait as LDC graduation approaches, with World Bank modelling showing FTAs and tariff cuts could add $4 billion to GDP, argues Dr Zaidi Sattar.
⚖️ Policy & Regulation
Bangladesh Bank has eased foreign borrowing rules for Invest Bangladesh Authority-registered firms, removing separate BB approval requirements for medium- and long-term external loans.
⚖️ Policy & Regulation
⚡ Breaking Finance Minister Amir Khosru has warned defaulting insurance companies to settle claims or sell assets, citing 57% unsettled claims and announcing plans for insurance law amendments.
⚖️ Policy & Regulation
Bangladesh Bank has launched a hedging facility for commodity imports, allowing AD banks to offer futures, swaps, options and forward contracts without case-by-case central bank approval.
⚖️ Policy & Regulation
Columnist Syed Fattahul Alim argues that Bangladesh's power crisis stems from over-dependence on imported fuels and single foreign suppliers, calling for diversification across domestic gas, renewables and storage.
⚖️ Policy & Regulation
⚡ Breaking Bangladesh Bank has introduced a KPI framework for bank MDs and CEOs, with assessment based on solvency, asset quality, governance, profitability and customer conduct.
⚖️ Policy & Regulation
BARVIDA has urged the Bangladesh government to withdraw the ban on reconditioned and used EV imports, proposing a regulated framework to make EVs affordable for middle-class consumers.
⚖️ Policy & Regulation
⚡ Breaking Bangladesh's National Board of Revenue is seeking Prime Minister Tarique Rahman's approval to revert to monthly VAT returns and payments after the new quarterly system triggered a 21% drop in collection.
⚖️ Policy & Regulation
Battery-run rickshaws face intense public backlash in Bangladesh, but columnist Syed Muhammed Showaib argues poor regulation, not the vehicles themselves, is the real problem.
⚖️ Policy & Regulation
⚡ Breaking Bangladesh's economic malaise reflects a multidimensional plunder economy where extortion, bank looting, political patronage and capital flight reinforce each other, argues economist Abdullah A Dewan.