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Bangladesh Bank Lifts 100% Cash Margin on Fruit Imports

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Bangladesh Bank has withdrawn the mandatory 100% cash margin requirement for fruit imports, easing a long-standing restriction on import financing. Under a circular issued on Sunday (August 16), banks can now set the cash margin for opening letters of credit (LCs) based on their relationship with customers, their financial capacity and the bank’s assessment. The central Continue Reading

Saudi Arabia Sets New Conditions for Umrah Visas

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Saudi Arabia’s Ministry of Hajj and Umrah has introduced new conditions for one-year multiple-entry Umrah visas. Under the new rules, holders of a valid one-year visa cannot travel directly to Saudi Arabia for each Umrah trip. They must complete certain procedures before every visit. According to a Gulf News report published on Sunday (August 16), […]Continue Reading

Fake Bangladeshi Origin Used to Evade 2,500cr Customs Duty

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A syndicate used fake Bangladeshi origin to evade customs duty. Nine people have been arrested following a month-long intelligence-led operation, according to the Indian Finance Ministry. Preliminary investigations estimate that the scheme caused more than Rs 2,500 crore in revenue losses to the Indian exchequer. India’s Directorate of Revenue Intelligence (DRI) has Continue Reading

India’s Youth Movement Demonstrates the Power of Harmony

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India’s youth-led mass movement in July has not brought down Prime Minister Narendra Modi’s BJP government, but it reportedly put considerable pressure on the ruling establishment. The protests, which began over alleged irregularities and question-paper leaks in the NEET-UG examinations, spread from New Delhi to Bihar, West Bengal, Mumbai, Punjab, Haryana and other parts Continue Reading

Prospects for a Saudi-Pakistan-Turkey Defense Alliance

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On August 7, 2026, Saudi Arabia, Pakistan and Turkey signed the Makkah Joint Defense Agreement at Al-Safa Palace in Mecca. Saudi Crown Prince Mohammed bin Salman, Turkish President Recep Tayyip Erdogan and Pakistani Prime Minister Mohammad Shahbaz Sharif signed the agreement on behalf of their respective countries.The agreement builds on the Strategic Mutual Defense Continue Reading

India’s Wangchuk Calls for Second Freedom Movement

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Renowned Indian climate activist and education reformer Sonam Wangchuk has called for a “Second Freedom Movement” and demanded major changes in the way the country selects its political leaders. In a video message released ahead of India’s Independence Day, he called for a non-violent and peaceful revolution. He said his recent illness gave him time […]Continue Reading

DMTCL Expands Safety Measures for Metro Rail System

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The importance of metro rail is growing among commuters, students and people from different professions as it allows them to avoid traffic congestion and reach their destinations comfortably. However, concerns about metro rail safety and risks have recently spread on social media. The Dhaka Mass Transit Company Limited (DMTCL) says it is taking steps to […]Continue Reading

Editor: A.M.M. Bahauddin

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