In order to protect the interests of the customers, the 'Payment and Settlement System Bill-2024' has been introduced in the JS to bring the non-bank payment service providers as well as the banks under the legal framework.

On Monday (06 May), the bill was sent to the Parliamentary Standing Committee on Finance for further scrutiny after it was introduced by Minister of State for Finance Waseka Ayesha Khan. The committee has been asked to submit a report in this regard to JS within 15 days.

The Statement of Purpose and Reasons of the Bill states that there is no existing law in the country regarding Payment and Settlement system. Currently, all payment and settlement systems are being operated under Bangladesh Bank Order-1972, Bangladesh Payment and Settlement Systems Regulations-2014 and Regulations on Electronic Fund Transfer-2014. As there is no separate law in this regard, the banks are conducting activities under contract with Bangladesh Bank to comply with the regulations described for participating in various electronic transaction systems. Besides, there is currently no law regulating the payment activities of non-bank financial institutions. Therefore, in order to protect the interests of customers, an initiative has been taken to enact 'Payment and Settlement System Act-2024' under the legal framework of banks as well as non-bank payment service providers.

The bill states that the offenses committed under this Act are cognizable, non-bailable and non-committable. It has been said that no bank-company can participate in any payment system, manage payment system or provide payment service in electronic currency without the approval of Bangladesh Bank. Similarly, no individual organization or company can operate any payment system or provide payment services without obtaining a license from Bangladesh Bank. Violation of this provision shall be punishable with imprisonment for a maximum of 5 years or with a fine of up to Tk. 50 lakh or with both.

The bill also states that no person, organization or company can issue, buy and sell advance payment documents without the approval of Bangladesh Bank. Without the approval of Bangladesh Bank, no online or offline platform can operate any kind of investment, loan, money storage or financial transactions from the public. Violation of these provisions will be punishable with a maximum imprisonment of 5 years or a maximum fine of Tk. 50 lakh or both. 

At least 1 lakh 33 thousand metric tons of fish are produced more than the requirement in the country, said the Minister of Fisheries and Livestock Md. Abdur Rahman.

On Monday (April 6) in the afternoon session of the Jatiya Sangsad(JS), the Member of Parliament of Dhaka-14 Constituency Md. Mainul Hossain gave this information in response to a question. Speaker Shirin Sharmin Chowdhury presided over the session.

The Minister of Fisheries and Livestock said that in the fiscal year 2022-23, against the demand of 47 lakh 82 thousand metric tons, the total fish production in the country was 49 lakh 15 thousand metric tons. As a result, 1 lakh 33 thousand metric tons of fish are produced more than the requirement in the country.

Under the specific direction and dynamic leadership of the Prime Minister, 41 lakh 34 thousand metric tons of fish were produced in Bangladesh in 2016-17 against the target of 40 lakh 50 thousand metric tons. After 46 years of independence, Bangladesh has been able to achieve self-sufficiency in fish production, the Minister said.

Besides, the Minister said with the information of BBS, currently the people of the country are consuming 67.80 grams of fish per day on an average (25.00 kg against the annual demand of 23.72 kg per person).

The hatchery release program is being implemented under the revenue and development scheme to increase fish production in open water bodies. In the financial year 2022-2023, 215.43 metric tons under revenue sector and 100.25 metric tons under development projects have been released.

In the fiscal year 2022-23, 917 bill nurseries have been set up across the country under the revenue sector and 174 bill nurseries under the development scheme. 500 sanctuaries established in various rivers and inland open water bodies of the country are being managed by the beneficiaries in order to prevent the extinction of native fish species and protect their abundance.

During the fiscal year 2022-23, 389 fish sanctuaries have been repaired and managed under the revenue sector and 72 fish sanctuaries have been repaired and managed under development projects. In the past 15 years, 5 thousand 758 hectares of degraded water bodies have been rehabilitated and developed through various development projects under the Department of Fisheries. By increasing fish production in excavated reservoirs, income and employment opportunities have been created for the concerned beneficiaries. 

Chattogram city mayor Bir Muktijoddha Rezaul Karim Chowdhury has inaugurated the construction work of the 'iconic' city building much desired by the people of Chattogram.

City Mayor Rezaul Karim Chowdhury officially inaugurated this construction work with CCC's own funding at Andarkilla of the city on Monday (May 06) afternoon.

During the inauguration, the Mayor said that this iconic city building will be constructed by connecting the sites of two other neighboring buildings on the site of the old city building. The entire city building will have 21 floors with three basements. The first phase of this building was inaugurated today Our aim is to complete the 5-6 floors by next January-February and move from Tigerpass to Andarkilla as part of the first phase of work costing Tk. 28.80 crore. The rest will be done step by step

"Without a permanent city building, foreign visitors would actually be put in an embarrassing situation, and services to citizens would also be disrupted. For this reason, I have taken the initiative to build city buildings with my own funds. Citizens can take services in this building easily. Besides, a museum will be built to highlight the history and heritage of Chattogram on 1st floor of this building.

According to the sources of the engineering department of CCC, city building will be constructed on 38 thousand 490 square feet or 53.45 katha area. A consulting firm named Pranayan designed the building at 'Iconic'. There will be a city clock on top of the building. There will be landscaped gardens on three sides of the building. A fountain will be built. There will be a multipurpose hall, conference hall and banquet hall. However, the entire city building will be constructed step by step. Initially, three floors including the basement will be constructed.

The opening ceremony was attended by - Panel Mayor Gias Uddin, Councilor Zahar Lal Hazari, Hasan Murad Biplab, Shaibal Das Sumon, Md. Elias, Md. Abdus Salam Masum, Ataullah Chowdhury, Rumki Sengupta, Mayor's Private Secretary Abul Hashem, Chief Engineer Shaheen-ul Islam Chowdhury, Superintendent Engineer Akbar Ali, Farhadul Alam, Jasim Uddin, Regional Executive Officer and Estate Officer. Rezaul Karim, Executive Engineer Farzana Mukta, Rezaul Bari Bhuiyan, Mirza Fazlul Quader, Ashiqul Islam, Rifatul Karim, Tasmia Tahsin, Tauhidul Islam, Salma Khatun, Assistant Engineer Asir Hamim.

It is to be noted that on March 11, 2010, the then Mayor of Chattalabir ABM Mohiuddin Chowdhury laid the foundation stone of the city building. After that, two mayors and an administrator served in Chattogram City Corporation (CHSIC), but the initiative was stalled due to various complications including financial crisis, lack of approval from the ministry.

Compared to the last 3 months of last year, the number of unemployed in the country has increased by 1 lakh 20 thousand in the first 3 months of this year.

On Monday (May 6), Bangladesh Bureau of Statistics (BBS) quarterly labor force survey report revealed these data.

According to BBS data, the number of unemployed in the country in the first quarter (3 months) of this year is 25 lakh 90 thousand. And in the last quarter of last year this number was 24 lakh 70 thousand.

The current unemployment rate is 3.51 percent, which is slightly higher than the average unemployment rate in 2023. The average unemployment rate in 2023 was 3.36 percent.

Meanwhile, according to BBS calculations, the number of unemployed men was 17 lakh 40 thousand at the end of last March. In the first quarter of 2023 (March-January) this number was 17 lakh 10 thousand. On the other hand, 30 thousand women unemployment has decreased compared to the same period last year. Now the number of unemployed women is 8 lakh 50 thousand.

According to BBS, there are 7 crore 37 lakh 50 thousand men and women in the labor force. Among them 7 crore 11 lakh 60 thousand people are engaged in work. The rest are unemployed.