United News of Bangladesh

Bangladesh’s financial sector stands at a defining juncture at the end of the 2025, marked by cautious stabilisation efforts but weighed down by deep-rooted structural weaknesses. While policymakers point to modest macroeconomic improvements and renewed discipline, restoring confidence, reviving private investment and repairing the financial system remain formidable challenges. From a macroeconomic standpoint, 2025 was largely a year of consolidation rather than acceleration. Inflation stayed elevated for much of the year, compelling authorities to maintain a tight monetary stance. Although inflationary pressures eased slightly towards year-end, the adjustment came at the cost of slower economic activity. According to the Bangladesh Bureau of Statistics (BBS), the general point-to-point inflation rate stood at 8.29 percent in November 2025, marginally up from 8.17 percent in October. Economic growth also fell short of earlier targets, reflecting subdued domestic demand and weak private sector investment. Both the government and the central bank repeatedly argued that short-term pain was necessary to restore macroeconomic balance and credibility. The financial sector—particularly the banking system—remained the most critical pressure point throughout the year. Non-performing loans stayed stubbornly high, underscoring long-standing governance failures, weak credit appraisal and ineffective recovery mechanisms. Despite repeated reform pledges, defaulted loans continued to erode bank balance sheets, limiting their ability to extend fresh credit. Financial sector reforms showing visible progress despite challenges: Governor Defaulted loans in the country's banking sector reached 34.6 percent of all disbursed credit till June this year, the highest level since 2000, exposing the fragile state of the banking system and renewing concerns about financial governance. Defaults surge to 34.6 percent of credit as Bad loans jump Tk 3,88,573 crore while Irregularities, weak oversight fuel crisis and the State banks hold 44.6 percent defaults. For much of 2025, banks prioritised liquidity management and survival over risk-taking, further tightening credit conditions for businesses. In a major intervention, Bangladesh Bank merged five struggling Islamic banks—First Security Islami Bank, Union Bank, Global Islami Bank, Social Islami Bank and EXIM Bank—into a new state-backed entity, tentatively named Sammilito Islami Bank (United Islamic Bank). The central bank dissolved their boards, appointed administrators and injected government capital to protect depositors and restore confidence, aiming to create a unified and stronger Islamic bank by late 2025 or early 2026. Private sector credit growth remained one of the weakest indicators in 2025, falling to a four-year low of around 6.23 percent by October, well below the central bank’s target. High interest rates, political uncertainty, power shortages and weak investor confidence discouraged borrowing, stalling new investment and business expansion despite export growth. High lending rates—often 16–17 percent—combined with stricter collateral requirements, led many entrepreneurs to delay expansion or rely on internal funds. The slowdown in capital machinery imports for much of the year reflected this hesitation. However, signs of cautious recovery emerged late in the year. Letters of Credit (LCs) for capital machinery rose by about 23 percent in the first quarter of FY2025-26, following three years of decline. During the July–September 2025 quarter, LCs climbed to $471.7 million, up from $383.9 million a year earlier, driven mainly by export-oriented sectors such as textiles, supported by improving foreign exchange stability. Still, overall private investment remained subdued. Private investment as a share of GDP fell to 22.48 percent in FY2024-25, the lowest in five years, signalling waning confidence at a critical moment as Bangladesh prepares for graduation from Least Developed Country (LDC) status. Investor sentiment in 2025 was shaped not only by financial conditions but also by broader governance concerns. Businesses frequently cited policy uncertainty, administrative delays and weak contract enforcement as major deterrents. While several reform initiatives were announced, uneven implementation led many local investors to adopt a wait-and-see approach, while foreign investors remained cautious despite Bangladesh’s large market and strategic location. The capital market offered limited relief. Although there were brief rallies, overall performance failed to attract significant new investment. Volatility, governance issues and limited market depth continued to undermine the stock market’s role as a source of long-term financing. IMF team meets BNP, discusses reforms in financial, social sectors On the policy front, Bangladesh Bank emphasised stronger supervision, improved loan classification and better corporate governance. Discussions on bank consolidation and stricter fit-and-proper criteria for directors gained prominence, though scepticism persisted over whether entrenched interests would allow deep reforms to take root. Meanwhile, the government continued to rely heavily on public investment to support economic activity. Large infrastructure projects played a stabilising role amid private sector hesitation, though economists warned that excessive dependence on public spending could crowd out private investment and raise concerns over efficiency, cost overruns and debt sustainability. The external sector provided some relief. Remittance inflows remained strong, helping stabilise foreign exchange reserves, while export earnings showed resilience despite global uncertainties. Bangladesh saw strong remittance inflows in 2025, crossing $30 billion for the fiscal year (FY25) and showing significant growth in the first half of FY26 (July-Dec 2025), reaching over $15 billion with monthly figures like November's $2.89 billion and a record $3.29 billion in March, driven by a stable exchange rate and crackdowns on informal transfers, boosting the economy. In the July-November period, remittance Inflows reached approximately $13.03 billion, a significant jump from $11.13 billion the previous year. In November 2025, A robust $2.89 billion, up over 31% from November 2024 while in March 2025, a record monthly inflow of $3.29 billion. Export receipts exceeded $20 billion in the first half of FY2025-26, driven mainly by the apparel sector. For FY2024-25, total exports reached $48.28 billion, with RMG earnings at $39.34 billion. As 2025 ends, there is cautious recognition that stabilisation has been achieved, but there is broad agreement that the hardest work lies ahead. Restoring trust in financial institutions, curbing loan defaults and ensuring predictable policy implementation are essential to unlocking private investment. Without decisive reforms, growth is likely to remain below potential, limiting Bangladesh’s ability to absorb its growing labour force—especially as concessional financing and trade preferences diminish after LDC graduation. BRTA provides financial assistance to families of road crash victims in Joypurhat In that sense, 2025 may be remembered as a transitional year—highlighting both the resilience of Bangladesh’s economy and the depth of its structural weaknesses. Whether this adjustment phase evolves into a foundation for sustainable and inclusive growth will depend largely on how effectively financial sector reforms are implemented and private sector confidence is restored in the years ahead.

A vast golden carpet has spread across the haor wetlands of Madhyanagar upazila in Sunamganj, as a bumper mustard harvest this season brings renewed hope and financial relief to local farmers. The low-lying fields, riverbanks and wetlands of Banshikunda Uttar and Dakshin, Chamardani and Madhyanagar Sadar unions are now awash with bright yellow mustard flowers, transforming the landscape into a striking spectacle that is also drawing curious visitors. Mustard, widely known as a low-cost and high-profit oilseed crop with a short growing cycle, has gained growing popularity among farmers in the haor region. According to the Madhyanagar upazila agriculture office, mustard was cultivated on around 550 hectares of land this season, with officials optimistic about meeting, and possibly exceeding production targets. Read more: Chuadanga farmers thrive as cauliflower yields hit new high For many farmers, the shift towards mustard has been driven by rising production costs and price uncertainty surrounding paddy and other staple crops. “We often suffer losses from rice cultivation due to high input costs and unstable market prices,” said one farmer. “Mustard needs less investment, grows quickly and sells well. It is safer for us.” As a result, mustard cultivation has expanded significantly in fallow lands and haor-adjacent areas this year, making productive use of land that often remains uncultivated after the monsoon. The agriculture office said sowing typically begins at the end of Kartik, with harvesting completed by mid-Poush, allowing farmers to earn returns early in the season. Even before harvesting the seeds, farmers generate additional income by selling mustard flowers and leaves, which are used locally to prepare dishes such as bora (fritters) and leafy vegetables. After harvesting, the dried stalks are sold as fuel, further adding to household earnings. Read more: Sirajganj’s mustard fields bloom into golden seas, promise bumper harvest Upazila Deputy Assistant Agriculture Officer Akmal Hossain said the outlook remains positive. “Like previous years, the mustard production target has been achieved. If there is no major pest or disease outbreak, farmers can expect a bumper harvest,” he said. He said timely distribution of fertilisers and seeds under government incentive programmes ensured smooth cultivation this season. Across Bangladesh, mustard cultivation has emerged as a profitable rabi-season crop, particularly in districts such as Magura and Narail. With the Bangladesh Agricultural Research Institute (BARI) keeps on developing high-yielding mustard varieties to support the farmers and keep up the encouraging growth trend, farmers have responded equally with the adoption of improved seeds and modern techniques. Mustard farming is playing an increasingly vital role in Bangladesh’s agricultural economy with the country striving to reduce its dependence on imported edible oil, officials said. Read more: Naogaon farmers make a fortune on mustard and honey

The National Board of Revenue (NBR) ended 2025 at the centre of Bangladesh’s growing fiscal challenge, struggling to raise higher revenue in a slowing economy while attempting long-promised reforms of a tax system criticised for inefficiency, discretion and a narrow base. The year unfolded as a mix of reform initiatives, technology-driven upgrades and aggressive policy moves, alongside deep-rooted structural weaknesses and unprecedented institutional unrest within the revenue administration. Together, these factors shaped a year of cautious transition, missed targets and unresolved debates over the future of tax reform. At a broader level, NBR’s revenue performance reflected the country’s macroeconomic stress. Sluggish imports caused by foreign exchange constraints, weak domestic demand and cautious private investment reduced traditional revenue flows. Despite repeated assurances of improved efficiency, revenue collection fell short of targets for much of the year. Bangladesh’s continued dependence on a small taxpayer base and import-stage taxes again proved risky. Customs duties and import-based VAT, long the strongest pillars of revenue, came under pressure as import controls were tightened to stabilise the balance of payments. Revenue mobilisation faced further strain in the first five months of FY2025–26. Between July and November, NBR collected about Tk 1.49 lakh crore, posting nearly 15 percent year-on-year growth but missing the target by around Tk 24,000 crore. Officials blamed weak import growth for the shortfall, which directly hit customs revenue. Income tax collection recorded double-digit growth but still lagged behind expectations due to limited compliance, a narrow tax base and slower business activity. VAT performed relatively better, supported by price adjustments and enforcement efforts, but also failed to meet targets. The shortfall comes as the government faces mounting pressure to finance rising expenditure, including debt servicing and social protection programmes, while cutting reliance on bank borrowing. Analysts warn that without faster progress on automation, administration reform and compliance, meeting the annual revenue target will remain difficult. One area of progress was taxpayer registration. The number of Taxpayer Identification Number holders rose to more than 10.2 million, up from around nine million a few years ago. However, only about four million taxpayers submitted income tax returns, underscoring the challenge of turning registration into actual compliance. VAT remained central to domestic revenue efforts. Although the NBR took steps to expand registration and promote electronic invoicing, progress was uneven. About 644,000 businesses are registered for VAT, a small fraction of the total number of operating enterprises. Traders continue to cite complexity, compliance costs and discretionary enforcement as major obstacles. Technology-based reforms became more visible during the year. Expanded use of ASYCUDA World, automated customs bond management and new digital modules at land ports were rolled out. However, taxpayers frequently reported system disruptions and ongoing manual intervention, highlighting gaps between policy design and practical implementation. Policy volatility also drew criticism. The NBR issued numerous exemptions and adjustments through statutory regulatory orders during the year, raising concerns about predictability, lobbying influence and unequal treatment across sectors. The most defining episode of 2025 was the unprecedented agitation by NBR officials following the promulgation of the Revenue Policy and Revenue Management Ordinance, 2025. Protests disrupted operations for nearly two months, slowed revenue collection and exposed internal tensions over reform ownership. Although full-scale strikes were later withdrawn, unease within the organisation has yet to fully subside. NBR enables election aspirants to file online tax returns Adding to the pressure, the government raised the NBR’s revenue target for FY2025–26 to around Tk 5.54 lakh crore from Tk 4.99 lakh crore at mid-year, despite ongoing economic headwinds. As 2025 ends, the NBR stands at a crossroads. While reform intent is evident and digital foundations are being laid, analysts argue that durable progress will require simpler laws, fewer exemptions, credible dispute resolution and a shift towards a partnership-based tax culture. Whether reform ambitions can translate into lasting institutional change remains one of Bangladesh’s most critical fiscal questions heading into 2026

Once hailed as the golden fiber and the backbone of Bangladesh’s post-independence economy, jute now contributes less than 2% to the country’s total export earnings, a sharp fall from nearly 90% in the 1970s. Despite its vast potential, Bangladesh’s jute sector continues to struggle under poor planning, outdated technology and a lack of effective policy support. According to Export Promotion Bureau (EPB) data, export earnings from jute and jute goods have been steadily declining in recent years. The sector earned USD 911.51 million in FY2022–23, dropping to USD 855.23 million in FY2023–24, and further down to USD 820.16 million in FY2024–25, sparking concerns over the future of what was once the country’s flagship export industry. Years of Neglect and Policy Contradictions Experts blame the sector’s downturn on years of neglect and inconsistent government decisions. “The biggest problem with jute is the absence of any sustained, effective initiative,” said agronomist and University of Western Australia PhD researcher Dr Moinul Hasan Khan. “Over the decades, we’ve seen one jute mill after another shutdown. Farmers never received fair prices for raw jute, and failure to protect both mills and growers has steadily eroded our export income.” Read more: Rizwana for expanding jute-based industry for environmental protection In 2018, the Awami League government revamped the National Jute Policy to revive the sector and enhance its global competitiveness. Yet, only two years later, the same government shut 26 state-owned jute mills down, rendering around 25,000 workers jobless overnight. “How can a country dreaming of export growth through jute shut down all its state-owned mills? It’s one of the most self-contradictory policy decisions imaginable,” said Dr Khan. Data from the Bangladesh Jute Mills Corporation (BJMC) show that between 1972 and 1981, the number of state-owned jute mills increased to 82. The sector, however, soon began to crumble under financial losses, mismanagement and outdated machinery. “Working in a jute mill once meant stability and pride,” recalled Nurul Akand, former Supply Manager of the iconic Adamjee Jute Mills. “Mill workers used to earn more than employees in other factories, with better bonuses and allowances. But one by one, those benefits disappeared.” He said although the government later leased out closed mills to private operators, production never returned to its former levels. Habib Hossain, a former officer at Monowar Jute Mills, said most public mills relied on outdated, Pakistan-era machinery. “No training was provided to workers to produce modern jute products. Eventually, citing losses, the government decided to close the factories instead of modernizing them.” Read more: Govt working on Tk 100-crore fund to revive jute bags: Adviser Bashir Currently, Bangladesh has over 200 private jute mills, which account for nearly all jute exports. However, private mill owners say they too are facing mounting challenges. “The biggest challenge now is sourcing enough raw jute during the season,” said Tapas Pramanik, Chairman of the Bangladesh Jute Spinners Association (BJSA). “Because of hoarders, mills often can’t get adequate raw jute, which stalls production.” Record Harvest, Farmers Under Pressure In southern Bangladesh, particularly Faridpur district, the country’s largest jute-producing region, the area under jute cultivation reached 86,500 hectares this year, producing raw jute worth about Tk 2,000 crore, according to the Department of Agricultural Extension (DAE). Yet farmers say they have reaped little benefit. Many had to sell their crops early at low prices, while hoarders later resold the same jute to mills at nearly double the rate. “We borrow money for seeds, fertilizers, and labor. When loans fall due, we’re forced to sell quickly, often at minimal profit,” said Hamiduzzaman, a farmer from Salta upazila in Faridpur. Read more: Govt orders probe into irregularities in Tk 518cr Jute mill project The situation is similar in the northern districts. Farmers in Gaibandha, known for high-quality jute, said they sold raw jute at Tk 2,500–2,800 per maund during harvest season, while current market prices have soared to Tk 4,500–5,000 per maund. “Now jute prices are high, but we have none left. Hoarders control the market and profit from our losses,” said Runu Mia, a farmer from Gaibandha. Mill owners and traders alike point to hoarding and unregulated raw jute exports as the sector’s biggest threats. “Hoarders are exporting raw jute abroad, depriving local mills of the raw material they need,” said Shamsul Haque Howlader, a jute trader from Nalchity upazila in Jhalakathi. “The foreign exchange earned from raw jute exports is only a fraction of what we could earn by exporting value-added jute goods.” Business leaders warn that if hoarding and unregulated raw jute exports are not curbed soon, Bangladesh’s jute industry could face an even deeper crisis. Both farmers and mill owners are urging the government to prioritize technological modernisation, research, and incentives for the sector. They argue that lack of proper retting (soaking) facilities and limited access to processing technology continue to hurt both productivity and quality. Read more: Nepal keen to import raw jute from Bangladesh: Nepalese Ambassador Farmers say they still rely on primitive methods, burning wood and straw to ret jute due to water shortages, while mill owners struggle with inefficient production systems. To revive the sector’s lost glory, industry insiders have called for increased subsidies, tax relief and technological upgradation programs for both farmers and mills. Talking about revitalising the jute industry, Jute and Textile Adviser Sk Bashir Uddin said the government wants to move forward by learning from past mistakes in the sector. “Many unrealistic and colourful dreams were promoted about the jute industry without considering ground realities, which prevented solutions from addressing the root problems. In the past, inefficiency, incompetence, vested interests and mismanagement pushed the jute industry towards destruction,” he said. Noting that plastic has gradually replaced jute in many areas, the adviser stressed the need for expanding the market for jute products. “To popularise jute bags, a revolving fund has been created under the climate fund involving more than 1,600 entrepreneurs.” Regarding the closed jute mills, the Adviser said the government is in the process of gradually reviving the factories through privatisation. Read more: Fire damages valuables of jute sack warehouses in Gazipur He also mentioned that the government is considering a long-term plan for the jute industry. As Bangladesh pushes towards export diversification, analysts say reviving the jute sector, once the pride of the nation, could provide a sustainable and eco-friendly path to industrial growth, but only if the government takes consistent, forward-looking action.

Bangladesh has embarked on a landmark agricultural initiative aimed at converting vast stretches of fallow haor lands into cultivable fields, in a project valued at approximately Tk 500 crore. The five-year programme, spearheaded by the Bangladesh Agricultural Development Corporation (BADC), is set to run through 2029 across four districts of the Sylhet division, including Sunamganj, Sylhet, Moulvibazar and Habiganj, officials said. They said the ambitious project focuses on enhanced surface water management to boost irrigation and agricultural productivity. It encompasses excavation of canals and hill streams, construction of permanent causeways, flood control measures, farmer training, and other interventions designed to increase resilience against climate impacts. Dilapidated relics cast a long shadow over justice at Amtali court Once fully implemented, officials estimate the programme will bring 17,019 hectares of fallow land under irrigation, generating an additional 51,058 metric tonnes of food grains. Farmers in the region will receive hands-on training between 2025 and 2029 to improve water-use efficiency and adapt to climate challenges, potentially increasing rice and other crop yields. Fish production is also expected to rise following the excavation of canals and hill streams. “Work has already started. We are keeping a strict watch to ensure that there is no irregularity or mismanagement in the project,” said Project Director Engineer Pranjit Kumar Deb. Construction of reinforced concrete causeways—considered one of the most critical components—is underway, facilitating the easier transportation of Boro paddy by boat and vehicle, saving time and money for farmers. Nearly 10,000 hectares of fallow land in the haor districts are expected to be brought under cultivation during the project’s five-year span. Planned works include the excavation of 70 kilometres of canals and hill streams, installation of 10 deep tube wells, renovation of 30 old irrigation schemes, construction of 15 culverts, two sluice gates, four causeways, and drainage improvement over nearly three kilometres. Palm trees under the axe; Naogaon bypass pays an environmental price Across the four districts, 221 kilometres of canals and hill streams will be excavated and 105 kilometres renovated. Enhanced water retention will allow flood and rainwater to be stored for supplementary irrigation during Aman and Robi seasons, benefiting 2,681 hectares. Re-excavation and renovation efforts will also help protect roughly 7,900 hectares from early flooding caused by sudden hill runoff. Five kilometres of buried pipelines are expected to permanently remove waterlogging from 167 hectares, protecting crops worth approximately 24,200 metric tonnes on 8,067 hectares of Boro land. Modern irrigation infrastructure, including low-lift pumps, force-mode pumps, artesian tube wells, sprinkler systems, and 367.6 kilometres of underground channels, will bring 10,032 hectares under advanced irrigation, while renovation of 180 old schemes aims to prevent water loss. Small and medium irrigation infrastructure such as water passes, cattle crossings, footbridges, pipe sluices, regulators, and submerged weirs, cross dams, siphons, and conduits are also planned, alongside 10 kilometres of causeways to aid crop transportation. Approximately 900 mechanics, managers, operators, field staff, farmers, and women farmers will receive training on irrigation management, equipment maintenance, crop and seed production, processing, and vegetable cultivation. The initiative has been welcomed by haor movement leaders and farmers, though they have urged rigorous monitoring to prevent mismanagement. “BADC is a pioneering institution in agricultural development, and this project could bring meaningful change if closely monitored,” said Saiful Alam Sadrul, a labour movement leader in Sunamganj. Endless delay pushes Barui Para Bridge cost to Tk 136cr; frustration grows Prof Chittaranjan Talukder, a leader of the Haor Bachao Andolon, said that while permanent causeways would ease crop transport, caution is needed in canal excavation and construction works. The project’s launch follows nearly five years of preparatory work, marking a significant step in transforming Bangladesh’s haor regions into productive agricultural landscapes.

Two crumbling buildings, relics of a bygone era, have become a looming threat to nearly 20,000 people who frequent the Amtali Upazila Senior Judicial Magistrate Court in Barguna. Built more than half a century ago, the abandoned structures now stand as silent hazards, shedding bricks and cement onto a passage used daily by litigants, lawyers and court staff. A recent visit to the site paints a troubling picture. The narrow main entrance to the court runs directly between the two decaying, two-storey buildings, forcing thousands of visitors each day to pass beneath unstable walls. Chunks of masonry have already fallen, heightening fears that a sudden collapse could trigger a serious disaster. The buildings were constructed in 1975 by the Bangladesh Agricultural Development Corporation (BADC) to store machinery and equipment. Around 15 years ago, the local administration declared them abandoned. Since then, neglect has taken its toll. Weeds and creepers now blanket the walls, giving the structures a haunted appearance that unsettles court-goers even before they step inside. Concerns over safety have been raised repeatedly by those who use the court. ‘If they can’t fix it, let’s fish it’: Hasnat’s protest on dilapidated Cumilla road “Every day, thousands of people come and go through the court entrance at their own risk,” said Md Abubakar, a member of the court staff, adding, “These buildings are extremely vulnerable and could collapse at any moment, causing severe casualties.” Justice seekers share the same anxiety. Abdul Majed Master, who regularly visits the court, said the structures are not only an eyesore but a grave danger. “These abandoned buildings spoil the image of the court and pose a serious risk to life. They must be evicted immediately,” he said. Former local ward councillor Jannatul Ferdous echoed the concern, warning that the hazardous condition of the buildings undermines the dignity of the court and endangers everyone passing through its entrance. Dilapidated school building poses risk to students in Feni

Along the Naogaon bypass road, tall palm trees once stood like silent sentinels—lining the highway, softening the concrete stretch with shade and symmetry, and serving a purpose far beyond aesthetics. Today, many of those trees bear blunt, shaved tops, their branches cut back abruptly, leaving locals fearful that a decades-old natural shield is slowly being destroyed, locals and environmental activists said. The cutting of branches from around 750 palm trees by the Northern Electricity Supply Company Limited (NESCO) has sparked anger and concern among residents and environmental activists, who say the work was carried out without consultation and with little regard for environmental consequences. For years, villagers along the bypass—from Rambhadrapur to Battali Boalia—had planted palm trees using seeds collected from nearby areas. Most of the trees are now between 20 and 30 years old. Outrage in Sylhet after date palm trees cut down at Shahjalal's shrine Over time, they transformed the two-kilometre stretch into a greener, cooler corridor, breaking the monotony of the road and offering protection against lightning, a known benefit of palm trees in Bangladesh. But recent branch-cutting and top-shaving to accommodate electricity poles and overhead lines have changed the landscape dramatically. During a recent visit to the area, the UNB correspondent observed that while several thousand palm trees stand along the stretch, around 750 have been visibly altered, with many appearing weakened. Residents fear the damage may be irreversible. “It was not right for the electricity office staff to shave the tops of the palm trees,” said local resident Sakhawat Hossain, pointing towards several injured trees. “Some trees died after similar work before. Even when we protested, no one listened,” he said. Man held for felling 50 Bakul trees on Dhaka-Chattogram highway Another local resident, Belal Hossain, echoed the frustration. “Palm trees take decades to grow. The electricity staff cut the branches and shaved the tops in just one day. They could have moved the poles slightly to save the trees, but instead they damaged them deliberately,” he said.

A project envisioned as a vital connectivity link for Narail has instead come to epitomise years of delay, mounting costs and unmet promises. Construction of the Barui Para Bridge over the Nabaganga River in Kalia upazila has dragged on for nearly eight years, far exceeding its original one-and-a-half-year deadline. With only partial progress achieved, local residents and commuters continue to endure daily hardship, growing increasingly frustrated as deadline after deadline slips by. The prolonged delay has also come at a heavy financial cost. Originally approved at Tk 65 crore, the project’s budget has ballooned to around Tk 136 crore—almost two and a half times higher—largely due to design complications and repeated extensions. Crippling bridge forces 30,000 Lalmonirhat residents to risk their lives daily Once completed, the bridge is expected to significantly improve road connectivity between Narail Sadar and Kalia upazila, while also easing communication with at least three neighbouring districts. Until then, the unfinished structure stands as a reminder of stalled promises. Supervised by the Roads and Highways Department (RHD), construction of the bridge began in 2018. Despite the passage of time, the project remains incomplete. The latest extension has set June next year as the new deadline. So far, work on 11 piers, 11 spans and the approach roads on both sides of the river have been completed. However, the most critical section—the central portion of the bridge—remains unfinished. This includes three piers and three steel spans that are yet to be installed, locals said. According to RHD sources, the PC girder bridge measures 651.83 metres in length and 10.25 metres in width. While the original contract value stood at Tk 65 crore, repeated design modifications and time overruns have pushed the total project cost to Tk 135.92 crore. Read more: Bridge of hopes over Narendrapur-Kachrar canal still waiting The initial contractor, M/s Jamil Iqbal and Moinuddin Bashi Construction Company, was awarded the project in 2018. The construction process, however, faced major setbacks after the No-9 pier was washed away twice following collisions with bulkheads. Unable to complete four piers and three spans of the main structure, the contractor spent Tk 61 crore before the Roads and Highways Department ultimately terminated the first-phase contract after multiple deadline extensions. Subsequently, the RHD awarded the remaining work under a second-phase contract to Concrete and Steel Technologist Ltd. The firm has reported that installation work has already begun on three imported steel spans, including a large 86.73-metre steel arch span sourced from abroad. Abdul Wadud Khan Liton, a responsible official of the contracting firm, acknowledged the delays, attributing them to the complexities involved in importing specialised steel spans. Read more: Irregularities deepen doubts over Khulna’s mega embankment project “We expect to complete installation of two spans within this month. We are hopeful that the central arch span will be installed and handed over to the authorities before the deadline,” he said. Narail Roads and Highways Department Executive Engineer Md Nazrul Islam said construction work has resumed in full swing after correcting earlier design flaws. He expressed optimism that the long-awaited project would finally be completed by mid-June next year, paving the way for the bridge to be opened to traffic. For now, however, residents of Narail continue to wait—watching an unfinished bridge stretch across the river, emblematic of both promise and prolonged delay. Read more: A decade on, Uttara lake development still stuck in limbo

Vast stretches of mustard fields across Sirajganj have burst into radiant shades of yellow, turning the district into a rolling sea of gold and offering a visual feast that is delighting visitors and farmers alike. From late afternoon until dusk, the flowering fields have become a magnet for people of all ages. Youths, women and men are seen wandering through the blossoms, pausing to admire the view, capturing selfies against the glowing backdrop of nature’s seasonal spectacle. The golden transformation is most striking in Tarash, Raiganj, Ullapara and the char areas—long known as the district’s ‘granary’—where mustard flowers sway gently in the winter breeze, painting the countryside with warmth and colour. Read more: Golden Harvest: Sirajganj farmers reap bumper mustard crop According to the Department of Agricultural Extension (DAE), a cultivation target of 87,125 hectares was set for mustard farming across Sirajganj’s nine upazilas this season. Farmers, however, have gone beyond expectations, bringing even more land under cultivation and raising hopes of a bumper harvest. Mustard farming has expanded notably in the Chalan Beel areas, particularly in Tarash, Raiganj, Ullapara and Shahjadpur upazilas. Significant cultivation has also been recorded in Kamarkhanda, Kazipur, Belkuchi and Sirajganj Sadar upazilas, reflecting a district-wide surge in production. Among the commonly cultivated varieties are Tori-7, BARI-14, Beena-9 and Beena-14. In the char areas, farmers have opted for the uric acid-free Kalania variety, well-suited to the region’s soil and conditions. Read more: Chapainawabganj farmer sparks local excitement with amazing Chinese orange harvest Local farmers said government incentives have played a crucial role in encouraging cultivation. Seeds and fertilisers were distributed at fixed rates, while agricultural officers provided regular guidance and technical advice to ensure better yields. With favourable weather prevailing, farmers remain optimistic about achieving a bumper output this season. Adding to the vibrancy of the fields, honey collectors from different areas have already installed bee boxes among the mustard crops. Harvesting of mustard flower honey has begun, and collectors expect production to surpass last year’s levels due to the increased acreage under cultivation. Deputy Director of the DAE, AKM Manjur-e-Maula, said farmers had brought more land under mustard cultivation this year compared to the previous season. “We distributed free seeds and fertilisers among small and marginal farmers and provided necessary advice. If the weather remains favourable, there is a strong possibility of a bumper mustard harvest this season,” he said. As Sirajganj’s fields glow under winter skies, the mustard bloom stands not only as a scenic delight but also as a symbol of agricultural promise and rural resilience. Read more: Khulna farmers reap rewards from mustard cultivation, honey production

The government has taken an ambitious project to transform Narayanganj into a modern, climate-resilient and liveable city addressing long-standing urban challenges while preparing the industrial hub for the pressures of rapid urbanisation and climate change. The Tk 1,694.75 crore project titled the Narayanganj Green and Resilient Urban Development Project (NGRUDP), aims to overhaul the city’s water supply and drainage systems, revitalise public spaces and strengthen the institutional capacity of the Narayanganj City Corporation (NCC). Initiated by the Local Government Division and to be implemented by the NCC, the project will run from April 2026 to March 2031 in the entire city corporation area. Of the total cost, Tk 269.16 crore will come from the government, Tk 1,419.10 crore from project assistance and Tk 6.48 crore from NCC’s own funds. Officials say the project has been designed as a comprehensive response to Narayanganj’s chronic problems—unsafe and inadequate water supply, severe waterlogging, environmental degradation and a lack of quality public spaces. At the heart of the project is the goal of ensuring a round-the-clock supply of safe drinking water to residents by maintaining adequate pressure throughout the transmission and distribution network. Equally significant is the plan to reduce Non-Revenue Water (NRW)—currently estimated at a staggering 65 percent—to just 15 percent through modern network management, infrastructure rehabilitation and improved monitoring. Urban waterlogging, a persistent menace caused by unplanned urbanisation and the encroachment of natural canals and wetlands, is another key focus. The project includes construction of new drains, rehabilitation of existing ones and restoration of canals to improve stormwater management and reduce water-borne diseases. Beyond infrastructure, the initiative seeks to enhance the city’s liveability. Parks, playgrounds and open spaces will be developed or renovated, while community centres and public places will be created to promote recreation, social interaction and youth engagement. Officials said these plans will significantly improve the quality of urban life and foster community cohesion. Chinese investors can help transform Bangladesh into manufacturing hub: Prof Yunus Strengthening the institutional capacity of the NCC is another major pillar of the project. Plans are in place to prepare master plans for urban development, sewerage and solid waste management to guide Narayanganj’s long-term growth in an environmentally responsible and socially inclusive manner. Under the water supply component, new transmission pipelines and distribution networks will be installed, alongside rehabilitation of the Godnail Water Treatment Plant and existing production tube wells. In specific zones, including DMZ-3 under DMA-5, 6 and 7, advanced infrastructure such as induced bank filtration wellfields, collector pipelines and transmission lines crossing the Shitalakkhya River will be developed. Drainage works will include the construction and renovation of drains, installation of siltation chambers and canal lining, as well as extensive cleaning and rehabilitation of waterways. To ensure regular maintenance, specialised equipment such as high-pressure jetting machines, dump trucks and power rodders will be procured. The project also proposes setting up water ATM sheds across the city to improve access to safe drinking water along with the installation of modern IT systems to enhance service delivery and urban governance. Formed as a city corporation in May 2011 through the merger of Narayanganj, Siddhirganj and Kadam Rasul municipalities, Narayanganj is one of the country’s most important industrial and commercial centres. Its water supply system was managed by Dhaka WASA from 1991 to 2019 after which the NCC assumed responsibility. Currently, water is sourced from both groundwater and surface water from the Shitalakkhya River, treated at the Godnail plant. The new project builds on earlier groundwork laid in 2020, when the NCC, with support from the Asian Development Bank and the government, conducted a feasibility study to develop a long-term water supply plan. Silt-borne fertility transforms northern Bangladesh Planning ministry officials say the NGRUDP integrates water supply, drainage, environmental management and public space development into a single, holistic urban transformation effort. Once implemented, they believe it will improve public health, environmental sustainability and social inclusion, while boosting economic vitality.