Amid the holy month of Ramadan, allegations have emerged against certain traders for stockpiling imported goods at Chittagong Port, allegedly to create an artificial crisis and drive up market prices.
According to port officials, some importers are deliberately delaying the release of their goods, effectively using the port’s yards as storage facilities. This has resulted in an artificial shortage, with approximately 40,000 Full Container Load (FCL) containers currently occupying space in the port yard and off-docks.
Chief Adviser Professor Dr Muhammad Yunus has praised Anjuman Mufidul Islam for its longstanding service as an institution, highlighting its tireless efforts in burying unclaimed bodies and caring for orphaned children.
“I am not sure if a similar institution exists elsewhere in the subcontinent. Anjuman operates as a historically significant and unique organisation,” he remarked.
President Donald Trump has ordered a suspension of all military aid to Ukraine, escalating tensions with President Volodymyr Zelenskiy following a heated confrontation in the Oval Office. The move has cast uncertainty over Ukraine’s most crucial ally.
According to a senior official from the US Department of Defense, who spoke anonymously, all pending military assistance will remain on hold until Trump is sa...
The United Nations Development Programme (UNDP) is collaborating with the Bangladesh Bank (BB) to develop a Climate Damage Function (CDF) aiming at strengthening climate-sensitive financial reporting and supporting banks and financial institutions in protecting assets and enhancing resilience in areas affected by natural calamities. The CDF will facilitate the design of innovative blended finance models, increasing the financial flow to the most vulnerable communities.
