To reopen three long-closed state-owned jute mills, the government has leased them out to two private conglomerates. The agreements were signed with the Bangladesh Jute Mills Corporation (BJMC) in the presence of Prime Minister Tarique Rahman on Tuesday.
The government has taken an initiative to involve the private sector more extensively in the import and distribution of fuel oil. Minister for Power, Energy and Mineral Resources Iqbal Hassan Mahmood Tuku stated that a general policy is being formulated to allow qualified private entities to import fuel oil alongside state arrangements.
Bangladesh Bank has taken an initiative to form a special fund of 1,000 crore taka to develop the youth of the country as entrepreneurs. From this fund, plans are underway to provide low-interest loans to young entrepreneurs, along with grants based on timely loan repayment and good business performance. Initially, the target is to create at least 5,000 new entrepreneurs through 500 crore taka in loans and 500 crore taka in grants.
Voting for the presidential election will be broadcast live, announced Election Commission (EC) Senior Secretary Akhtar Ahmed. He also stated that seating arrangements will be made for journalists during the voting process.
With an arrest warrant hanging over his head in a four-crore-taka embezzlement case, Ruhul Amin Palash, a former trainee assistant officer of Farmers Bank (now Padma Bank), surrendered before a Dhaka court by traveling from Magura in an ambulance. Due to his physical illness, he was brought into the court's proceedings on a stretcher.
Amid a dispute with Bangladeshi apparel suppliers regarding unpaid dues, the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has assured its support in protecting the officials and employees of the Polish fashion brand LPP. At the same time, the organization has backed LPP's stance regarding the overdue payments, stating that demands for recovering dues should be raised against the entities that bear legal liability.