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Bangladesh’s Minister of Power, Energy and Mineral Resources, Iqbal Hasan Mahmud, has called on business leaders across the country to cooperate in implementing government decisions aimed at conserving electricity during the summer and irrigation season. He made the appeal on Saturday afternoon during a meeting with representatives of business organizations held at the Bijoy Hall of the Power Building in Dhaka.
The minister stated that the decision will initially be in effect for three months, with the possibility of adjustment before Eid-ul-Azha following discussions with business stakeholders. Business leaders assured their compliance with the government’s directives and presented several recommendations and demands. The minister requested temporary cooperation and promised to discuss their proposals further.
He added that government institutions have already taken various initiatives under cabinet decisions to ensure uninterrupted power supply and energy conservation during the peak summer and irrigation period. The meeting was also attended by the State Minister for Textiles and Jute, Md. Shariful Alam, and the State Minister for Power, Energy and Mineral Resources, Anindya Islam Amit.
Energy minister seeks business support for power-saving plan during summer irrigation season
The government of Bangladesh has approved the import of 500,000 tons of refined diesel from Kazakhstan and two cargoes of liquefied natural gas (LNG) from Singapore to meet urgent energy demands arising from the Middle East conflict. The approval was granted on Saturday, April 4, during an online meeting of the Cabinet Committee on Government Purchase chaired by Finance Minister Amir Khosru Mahmud Chowdhury. The information was confirmed by Siraj Uddoula Khan, Public Relations Officer of the Ministry of Finance.
The meeting reviewed three proposals for importing 1.6 million tons of diesel and 100,000 tons of petrol. Among these, the committee approved the direct purchase of high-speed diesel from Kazakhstan’s Kazakh Gas Processing Plant LLP and LNG from Aramco Trading Singapore Pte Ltd. Other proposals, including imports from UAE-based DBS Trading House FZCO and Oman-based Maxwell International SPC, were withdrawn by the Energy Division after receiving approval from the Cabinet Committee on Economic Affairs.
The decision reflects the government’s effort to secure energy supplies through direct procurement to address immediate fuel shortages caused by regional instability.
Bangladesh approves diesel and LNG imports to meet urgent energy demand
Finance Minister Amir Khasru Mahmud Chowdhury said that business leaders have demanded an uninterrupted energy supply and government support for renewable energy initiatives. He made the remarks on Saturday, April 4, after the first meeting of the Private Sector Development Advisory Council held at the Prime Minister’s Office in Dhaka, chaired by Prime Minister Tarique Rahman.
According to the minister, the ongoing war in Iran has created an energy crisis that is putting pressure on Bangladesh’s economy. Business representatives also called for the introduction of e-visas for foreign travelers to facilitate easier entry for investors. They emphasized lowering bank interest rates, reforming the National Board of Revenue, and expanding the tax base instead of burdening specific business groups.
The minister added that entrepreneurs urged simplification of licensing procedures to encourage medium-sized exporters and called for the launch of a deep-sea port to accelerate trade and import-export activities.
Business leaders seek steady energy supply and reforms amid economic pressure
The first meeting of the Private Sector Development Advisory Council was held in Dhaka under the chairmanship of Prime Minister Tarique Rahman. During the three-and-a-half-hour discussion, business leaders demanded assurance of uninterrupted energy supply to sustain industrial operations and investment growth. Finance Minister Amir Khosru Mahmud Chowdhury briefed reporters after the meeting, noting that the session aimed to strengthen the investment climate and address existing industrial challenges.
According to the finance minister, business representatives also sought government support for renewable energy initiatives, introduction of e-visas for foreign investors, lower bank interest rates, and reforms in the National Board of Revenue to expand the tax base without burdening specific sectors. They further called for easier licensing for medium entrepreneurs, faster trade processes, and the activation of a deep-sea port to boost exports.
Discussions also covered reopening closed factories and reviving dormant government projects. The prime minister listened to the business community’s concerns, and notes were taken for follow-up action to resolve pending issues through continued dialogue.
Business leaders seek uninterrupted energy supply and policy reforms in meeting with Prime Minister
A delegation from the Asian Infrastructure Investment Bank (AIIB) met with Prime Minister Tarique Rahman on Saturday at the Prime Minister’s Office in Tejgaon, Dhaka. The meeting was confirmed by Deputy Press Secretary Zahidul Islam Roni. Discussions focused on how the government and AIIB would collaborate on future initiatives.
Finance Minister Amir Khasru Mahmud Chowdhury stated that the talks covered cooperation on resolving the country’s energy crisis and advancing development investments. He added that the AIIB agreed to provide budgetary support to help Bangladesh address current economic pressures related to development and energy challenges. The meeting also included discussions on potential collaboration for infrastructure improvement.
The assurance of budget support from AIIB is expected to strengthen Bangladesh’s fiscal capacity and facilitate progress in key infrastructure and energy sectors, according to the discussions reported from the meeting.
AIIB pledges budget support after meeting with Prime Minister Tarique Rahman in Dhaka
An oil tanker named 'Shan Gang Fa Jian' carrying more than 34,000 tons of diesel from Malaysia has arrived at the outer anchorage of Chattogram Port. The vessel anchored off Kutubdia coast on Saturday morning and is scheduled to unload its cargo at the Dolphin Jetty on Sunday, according to Bangladesh Petroleum Corporation (BPC) public relations officer Farzin Hasan Moumita.
Nazrul Islam, managing partner of the vessel’s local agent Pride Shipping Lines, said that about five to six thousand tons of diesel will be unloaded offshore through lightering using at least two smaller tankers in two phases. Another tanker from Singapore carrying 27,300 tons of diesel began unloading at Dolphin Jetty on Friday and is expected to leave the port on Sunday.
Chattogram Port Authority Secretary Syed Refayet Hamim stated that oil and gas vessels are being given priority berthing to address the ongoing fuel shortage. BPC sources added that new import initiatives from various countries are underway to maintain stable fuel supply.
Tanker from Malaysia brings 34,000 tons of diesel to Chattogram amid fuel shortage
The Bangladesh government has taken a major initiative to modernize and expand the fleet of Biman Bangladesh Airlines. The process of purchasing 14 new Boeing aircraft is in its final stage, with policy approval already granted and only the signing of the agreement remaining. Due to the long delivery timeline, the government is also planning to lease Airbus aircraft as an interim solution.
According to the State Minister for Civil Aviation and Tourism, the proposed Boeing deal, worth about 3.7 billion dollars, may include Dreamliner models such as the Boeing 787 and Boeing 737 MAX for regional routes. Delivery of these aircraft could take up to five years, prompting the government to consider dry leasing Airbus planes for the next five years. Discussions with the European manufacturer are ongoing.
Currently, Biman operates around 14 aircraft on international routes, though at least 30 to 35 are needed to meet demand. The government has also initiated reforms to address operational inefficiencies and staff shortages, aiming to transform Biman into an internationally competitive airline.
Bangladesh to buy 14 Boeing planes and lease Airbus jets to boost Biman’s capacity
Starting Sunday, trading hours on Bangladesh’s stock exchanges will end at 1:55 PM, according to a notice issued by the Dhaka Stock Exchange (DSE) on Saturday. A five-minute closing session will follow, ending all trading activities by 2:00 PM. Previously, trading continued until 2:30 PM, while the opening time will remain unchanged at 10:00 AM. The new schedule will take effect on April 5 and remain in place until further notice.
The DSE also announced that its office hours will run from 9:00 AM to 4:00 PM in line with government directives. The government recently reduced working hours for both public and private offices by one hour to conserve fuel and electricity, a measure that will also take effect from Sunday.
The adjustment means that daily trading time will be shortened by 30 minutes compared to the previous schedule, aligning the stock market’s operations with the nationwide energy-saving initiative.
Bangladesh stock trading to end at 1:55 PM from Sunday under new DSE schedule
A Tk 50 crore BSCIC industrial estate in Sreemangal, Moulvibazar, remains abandoned years after its completion. The project, built on 20 acres in Uttarsur area, began in 2012 and was completed in 2019, but no factories have started operations. Due to neglect and lack of maintenance, the site has turned into dense jungle, with key installations and equipment stolen.
The estate includes 122 plots, an administrative building, pump house, residential quarters, dumping yard, and pond. However, promised utility connections for electricity, gas, and water are mostly nonfunctional. Local sources report theft of gas substation parts, transformers, and metal fixtures, leaving the infrastructure unusable. Entrepreneurs cite high plot prices, poor services, and bureaucratic hurdles as reasons for their reluctance to invest.
BSCIC officials say new plots are being allocated under conditions requiring factories to be established within two years, and inactive plot holders have been notified. The local administration has informed higher authorities and initiated limited restoration work.
Tk 50 crore Sreemangal industrial estate abandoned and overgrown after years of neglect
India has confirmed that crude oil supplies from Iran remain uninterrupted despite escalating instability in the Middle East. The country's Ministry of Petroleum stated that domestic refineries continue to meet their crude oil requirements without disruption, including imports from Iran. The ministry also clarified that there are no payment difficulties related to Iranian oil transactions, dismissing circulating rumors as baseless.
The statement, released on social media platform X, emphasized that Indian refineries have ensured a steady supply of crude oil to maintain national energy stability. This assurance comes amid growing regional tensions that have raised concerns about potential disruptions in global energy flows.
According to the ministry, maintaining stable energy supplies is part of India’s broader strategy to safeguard its fuel security amid geopolitical uncertainties in the Middle East.
India says oil imports from Iran continue smoothly despite Middle East tensions
Bangladesh Bank has announced a new schedule for banking operations, effective from April 5, 2026. Under the revised timetable, customers will be able to conduct transactions from 10 a.m. to 3 p.m., instead of the previous 10 a.m. to 4 p.m. window. The official office hours for banks will now run from 10 a.m. to 5 p.m., with Fridays and Saturdays designated as weekly holidays. The directive was issued by the Supervisory Data Management and Analytics Department of Bangladesh Bank on Saturday.
According to the circular, the adjustment follows the government’s decision to modify official working hours across public and private offices to conserve electricity and energy. Previously, bank offices operated from 10 a.m. to 6 p.m., but the new government schedule has shortened general office hours to 9 a.m. to 4 p.m. In line with this policy, banking hours have been revised accordingly.
The circular also notes that bank branches located in seaport, land port, and airport areas may operate according to their specific operational needs.
Bangladesh Bank revises banking hours from April 5 to align with new government office schedule
The government has initiated measures to resolve the long-standing ferry and water transport crisis in Hatiya, Noakhali. During an on-site visit to the Nalchira ferry terminal on Saturday, State Minister for Shipping Rajib Ahsan said efforts are underway to add a new ferry before Eid-ul-Azha. He also mentioned that several additional steps will be taken to improve connectivity and ensure safer travel for residents of the island region.
The minister stated that the government is working sincerely to make travel easier and safer for people in the island areas. Plans include widening both ferry terminals in Hatiya and continuing regular dredging to maintain navigability. Coordination with the Water Development Board is ongoing to strengthen riverbanks and upgrade ferry ramps for safer and more sustainable operations.
Officials from the Bangladesh Inland Water Transport Authority and the Ministry of Shipping accompanied the minister during the visit. The ministry also has several long-term plans to further enhance the country’s water transport system.
Government plans new ferry and infrastructure upgrades to improve Hatiya’s transport system
The Bangladesh Shop Owners Association has appealed to the Prime Minister to reconsider the government’s recent decision requiring all shops and shopping malls to close by 6 p.m. The measure was introduced in response to a deepening global energy crisis caused by ongoing conflict in the Middle East. The association argues that the early closing time could harm businesses and has proposed allowing shops to remain open until 8 p.m. instead. They also requested permission to open shops at 11 a.m. instead of 9 a.m.
The proposal was discussed during an emergency virtual meeting of the association’s standing committee. Leaders stated that adjusting the schedule is essential to protect the livelihoods of approximately 7 million shop owners and 25 million employees across the country. They believe the revised hours would help maintain normal economic activity while still supporting energy-saving goals.
Government authorities have not yet responded to the proposal, but association leaders expressed hope that a decision will be made soon.
Shop owners seek later closing hours amid Bangladesh’s new energy-saving schedule
A severe diesel shortage in Uzirpur upazila of Barishal has disrupted irrigation activities, threatening the ongoing Irri-Boro rice cultivation season. Farmers and local officials warned that many diesel-powered irrigation pumps have stopped operating, preventing timely watering of fields and putting seedlings at risk of drying out. Farmers said continued shortages could cause extensive crop damage across the region.
Local farmers reported being forced to buy diesel at inflated prices from open markets, increasing production costs and reducing profit margins. Upazila agriculture officer Kapil Biswas said certification letters are being issued to ensure farmers can access diesel and prevent illegal hoarding. Agricultural extension officer Mahmudur Rahman noted that most of Uzirpur’s farmland is single-crop, making this irrigation season crucial for local food security.
Fuel station operators said they are receiving only one-third of their required supply, while weekend depot closures have worsened the crisis. The upazila administration has instructed priority fuel distribution to farmers, but tensions persist among fuel-dependent sectors. Farmers urged immediate action to avert large-scale crop losses.
Diesel crisis disrupts irrigation in Uzirpur, threatening Boro rice production
Bangladesh Telecommunication Regulatory Commission (BTRC) has filed a criminal case alleging the embezzlement of Tk 568 crore from the Market Development Fund (MDF) under the International Gateway Operators Forum (IOF). The case, lodged at Gulshan Police Station in 2025, names 27 accused, including members of the IOF executive committee and relatives of Salman F Rahman. Twelve of the accused have surrendered and secured bail, but the key decision-makers behind the alleged irregularities remain beyond legal reach.
The IOF syndicate, formed around international gateway operators, is accused of manipulating international call termination rates and diverting government revenue over nearly a decade. Experts claim that under the guise of a test network topology, the state exchequer lost around Tk 8,000 crore. They have called for a full techno-commercial and forensic audit of the IOS structure, rate-setting mechanisms, and MDF expenditures to uncover the true extent of losses.
BTRC has also decided to cancel operational approvals between IOF and IGW operators and announced plans to strengthen monitoring, bank guarantees, and regulatory controls in international call management.
BTRC sues over Tk 568 crore telecom fund fraud; IOF syndicate leaders still untraced
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