Staff Reporter Bangladesh Bank will take punitive measures against those involved in the respective bank if payments are not made on time after opening a letter of credit, or LC. The directive came a day after central bank Governor Ahsan H Mansur in a meeting with the MDs of 17 banks told them not to delay payments after opening an LC. On Tuesday, the Foreign Exchange Policy Department of the Bangladesh Bank sent a circular to that end to the managing directors and chief executives of all banks. For the past couple of years, due to an inadequate dollar…
Author: diplomaticjourna_diplomaticjourna
DJ Desk Global carbon dioxide emissions, including those from burning fossil fuels, are set to hit a record high this year, pulling the world further off course from averting more destructive climate extremes, scientists said on Wednesday. The Global Carbon Budget report, published during the UN’s COP29 climate summit in Azerbaijan, said global CO2 emissions are set to total 41.6 billion metric tons in 2024, up from 40.6 billion tons last year. The bulk of these emissions are from burning coal, oil and gas. Those emissions would total 37.4 billion tons in 2024, up by 0.8% in 2023, the report…
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For over a year now, parents in Palestine have mourned their children, families have grieved over their homes turned to dust, as thousands were killed by Israel’s genocide on the Gaza Strip. This year, Lebanon has also become a target of relentless Israeli airstrikes, similar to the devastation in Gaza. Now, for Bangladesh, this tragedy has hit home — Mohammad Nizam Uddin, a migrant worker from Brahmanbaria, has fallen victim to the violence in Lebanon. Nizam, 38, went to Lebanon over a decade ago, leaving behind his family in Kharera village. On the morning of his death, he had stopped…
Staff Reporter India’s anti-money laundering agency, Enforcement Directorate (ED), today conducted raids at multiple places in Jharkhand and West Bengal in connection with an investigation linked to alleged illegal infiltration of Bangladeshi nationals, PTI reported quoting sources. A total of 17 places have been raided in the two neighbouring states by the federal probe agency. In September, the ED filed a case under stringent Prevention of Money Laundering Act to probe an instance of alleged infiltration and trafficking of some Bangladeshi women to Jharkhand leading to the generation of alleged slush funds. Prime Minister Narendra Modi and other BJP leaders…
Staff Correspondent The Netherlands Embassy has started an initiative to promote political participation among women, youth, and marginalized communities in Bangladesh. This project seeks to empower women and young individuals through mentorship, leadership training, and advocacy efforts. To this end an agreement was signed today by the Center for Governance Studies (CGS), represented by Zillur Rahman, Executive Director; Apon Zahir, Senior Research Associate; Depanjali Roy, Chief of Staff; and Sadia Tasneem, Research Associate. From the side of the Embassy, the agreement was signed by the Netherlands new Ambassador, Andre Carstens.
Staff Correspondent Recently, Australian Acting High Commissioner Nardia Simpson met Religious Affairs Adviser Dr Khalid Hossain. During their warm and wide-ranging discussion Ms Simpson highlighted the government’s responsibility to build robust institutions to respect, protect and fulfil the human rights of religious minorities (including Ahmadiyas). They also discussed the protection of places of worship (including Sufi shrines), women’s rights, madrassa education, and the significant issue of child marriage.
Staff Correspondent “As part of our Greener Partnerships event, we brought together key voices from Bangladesh’s RMG and textile industry to discuss Sustainable Production. With Bangladesh’s RMG sector at a growing yet pivotal point—facing challenges tied to sustainability and upcoming shifts resulting from a possible LDC graduation—the session underscored the importance of resilient and transparent practices for future growth.” The event opened with remarks from Danish Ambassador Christian Brix Møller, followed by a keynote on the global challenges facing Bangladesh’s RMG sector by Dr. Khondaker Golam Moazzem of the Centre for Policy Dialogue. Participants, including representatives from CPD, ILO, Bestseller,…
Staff Correspondent Norwegian Ambassador Häkon Arald Gulbrandsen held a courtesy call with Dr. Muhammad Fouzul Kabir Khan, the Adviser, to the Ministry of Power, Energy, and Mineral Resources; the Ministry of Road Transport and Bridges, and the Ministry of Railways. Their discussion concentrated on the reform initiatives the Adviser is driving, overview of the current energy and power sector, and other development agendas. Ambassador Hakon expressed the Norwegian Government's support for the Interim Government's reform efforts and the movement towards democratic republic political system. He also expressed Norway's interest in investing renewable energy and support Bangladesh in the green transition.
Desk Report Indian Prime Minister Narendra Modi today had a telephonic conversation with US president-elect Donald Trump and congratulated him once again on his “spectacular” victory. Modi said he looked forward to working closely together once again to further strengthen India-US relations across various sectors, a read out from the Indian Prime Minister’s Office said last night, reports our New Delhi correspondent. In a post on X, Modi wrote: “Had a great conversation with my friend, President @realDonaldTrump, congratulating him on his spectacular victory. Looking forward to working closely together once again to further strengthen India-US relations across technology, defence,…
