National
PM Sheikh Hasina Inaugurates DITF 2024
On Sunday, January 21, 2024, Prime Minister Sheikh Hasina officially inaugurated the month-long Dhaka International Trade Fair (DITF) at the Bangabandhu Bangladesh-China Friendship Exhibition Centre (BBCFEC) in Purbachal. The 28th edition of the fair features participation from six foreign countries, namely Turkey, India, Pakistan, Singapore, Hong Kong, and Iran, along with local companies showcasing their products.
During the inauguration, Prime Minister Sheikh Hasina declared Handicrafts Products as the product of the year for 2024. The event was attended by State Minister for Commerce Ahsanul Islam, Commerce Secretary Tapan Kanti Ghosh, President of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) Mahbubul Alam, and Vice-Chairman of the Export Promotion Bureau (EPB) AHM Ahsan.
The fair is scheduled to run from January 21 to February 20. Traditionally commencing on January 1 each year, the EPB postponed this year’s event due to the 12th national elections held on January 7.
The fair will be open daily from 10 am to 9 pm, extending to 10 pm on weekends. Admission fees are Tk 50 for adults and Tk 25 for children, with freedom fighters and physically challenged individuals exempt from the fee. To facilitate general visitors, BRTC buses have been arranged from Farmgate and Kuril Biswa Road to the fair premises.
A total of 330 stalls, including 23 pavilions and 27 mini pavilions, have been allotted. Additionally, there will be 15 food stalls catering to various categories and accommodating up to 500 people. Amenities at the fair include a prayer room, children’s playground, media corner, office rooms, medical rooms, guest rooms for officials, and stores. The parking area is equipped to accommodate 500 vehicles.
The Bangladesh Meteorological Department (BMD) has forecasted that the ongoing mild to moderate heat wave affecting six regions of the country will persist for the next 24 hours from 9 am today.
The heat wave is currently sweeping over the Rangpur, Mymensingh, and Sylhet divisions, as well as the districts of Tangail, Kishoreganj, and Naogaon. According to the BMD, this weather pattern is expected to continue for the foreseeable future.
In addition to the heat wave, light to moderate rain or thundershowers accompanied by temporary gusty winds are likely to occur in parts of the Khulna, Barishal, and Chattogram divisions. Isolated showers may also affect a few areas in Rangpur, Rajshahi, Dhaka, Mymensingh, and Sylhet divisions, with moderately heavy rainfall expected in some locations across the country.
Despite these weather conditions, the BMD noted that daytime and nighttime temperatures are expected to remain largely unchanged across Bangladesh.
On Wednesday, the highest temperature in the country was recorded at 37.5 degrees Celsius in Rangpur of Rangpur division, while today’s minimum temperature was 24.0 degrees Celsius, observed in Rangamati and Feni districts of Chattogram division.
Meanwhile, rainfall recorded over the last 24 hours, up until 6 am today, measured 54 mm in Sandwip of the Chattogram division.
In Dhaka, the sun is set to set at 5:58 pm today and will rise again at 5:47 am tomorrow.
The Criminal Investigation Department (CID) has filed 17 cases against Beximco Group’s Vice-Chairman, Salman F Rahman, and 27 others, accusing them of laundering approximately Tk1,000 crore ($83 million) under the guise of export trade. This development was confirmed by Additional Superintendent of Police Azad Rahman through a notification on 18 September.
The investigation, conducted under the Money Laundering Prevention Act, found that Salman F Rahman and his brother, ASF Rahman, who serves as the Chairman of Beximco Group, were involved in laundering around Tk1,000 crore. This was done through the export of goods linked to 93 Letters of Credit (LCs) from Janata Bank PLC between 2021 and 2024. However, the proceeds from these exports were not repatriated to Bangladesh.
The CID revealed that the accused individuals, through an organised operation involving their affiliated companies, exported goods with the malicious intent of transferring money abroad. The probe indicated that they deliberately failed to return the export proceeds, violating multiple sections of the Money Laundering Prevention Act.
According to the CID, Salman F Rahman and his associates used their influence and collaborated with an organised criminal group to launder money. This resulted in 17 cases being filed by the CID’s financial crime unit at Motijheel Police Station.
Salman F Rahman, who has long been a prominent figure during Sheikh Hasina’s 15-year rule, is now facing an in-depth investigation by the CID’s financial crime unit. The investigation focuses on significant allegations of money laundering and financial misconduct, as highlighted in a preliminary report from the CID on 1 September.
Salman is also accused of laundering Tk33,470 crore abroad, allegedly obtained through loans from seven banks over the past 15 years. Of this, Tk21,681 crore was borrowed from state-owned Janata Bank, while Tk5,281 crore came from IFIC Bank, where Salman previously served as chairman.
In addition to these allegations, Salman is believed to have profited Tk6,600 crore through manipulation of the capital market and is accused of failing to repatriate Tk1,485 crore from export proceeds.
The Bangladesh Meteorological Department (BMD) has predicted light to moderate rain or thundershowers, accompanied by temporary gusty winds, in all eight divisions of the country over the next 24 hours, starting from 9 AM today.
According to the BMD forecast, Chattogram and Sylhet divisions are likely to experience light to moderate rain or thundershowers, while Dhaka and Barishal divisions may see similar weather at a few locations. In Rajshahi, Rangpur, Mymensingh, and Khulna divisions, rainfall is expected in one or two places, with some areas potentially experiencing moderately heavy showers.
The BMD also stated that both day and night temperatures might rise slightly across the country.
On Tuesday, the highest temperature was recorded at 36.5 degrees Celsius in Rajarhat, Rangpur division, while today’s lowest temperature was 24.6 degrees Celsius in Tetulia, also in Rangpur.
In the last 24 hours up to 6 AM today, Cumilla in the Chattogram division recorded 3 mm of rainfall.
The sun is expected to set at 5:58 PM today and rise at 5:46 AM tomorrow in Dhaka.
