Bangladesh Petroleum Corporation (BPC) has announced that motorcycle ride-share drivers in metropolitan areas will be allowed to purchase up to five liters of octane or petrol per day. The decision was detailed in a press release signed by BPC Secretary Shahina Sultana on March 10, 2026.

According to the announcement, the fuel distribution will follow three specific conditions. Drivers must receive a purchase receipt specifying the fuel type, quantity, and price each time they buy fuel. They must also submit the original copy of the previous purchase receipt when refueling again. Additionally, the motorcycle’s registration number and driver information must be verified with the ride-sharing app before fuel is supplied.

BPC stated that only those who comply with these conditions will be eligible to collect up to five liters of fuel daily from filling stations within metropolitan areas.

Bangladesh’s Minister of Textiles, Jute, Industry and Commerce, Khandaker Abdul Muktadir, stated that there is currently no concern about rising commodity prices, even though the Iran-Israel war may affect trade. He noted that if sea routes remain closed for a long time, transportation costs could increase. The minister made these remarks on Tuesday afternoon after distributing family cards at a program held at M A Rup Junior School field in Kulanj Union of Dirai upazila, Sunamganj.

He explained that the family card distribution fulfills a promise made by Prime Minister Tarique Rahman to build a poverty-free Bangladesh, launched just a month after the election. The initiative was designed to avoid any political bias. Muktadir added that the government is working to create an investment-friendly environment to boost employment and purchasing power, addressing past stagnation in investment.

At the event, 697 women from three villages in Kulanj Union received family cards. Several members of parliament and local officials attended the program, and beneficiaries expressed gratitude to the prime minister.

Bangladesh’s stock market continued its strong recovery for a second consecutive day on Tuesday, signaling easing investor fears linked to the Middle East conflict. The Dhaka Stock Exchange (DSE) benchmark index DSEX rose by more than 148 points, following a 132-point gain the previous day, totaling a two-day increase of 280 points. The Chittagong Stock Exchange (CSE) also saw a sharp rise, with its CSCX index climbing 2.33 percent to surpass 9,000 points.

According to Ifthekhar Alam, president of the Bangladesh Merchant Bankers Association and CEO of LankaBangla Investments, natural buyers have returned to the market after a major correction, restoring positive momentum. He noted that the government’s decision not to raise fuel prices, alternative supply arrangements, and the arrival of two oil tankers at Chattogram port have eased concerns over fuel shortages, positively influencing the market.

Trading activity also increased, with DSE transactions reaching about Tk 594 crore compared to Tk 416 crore the previous day, reflecting renewed investor participation and confidence.

The Centre for Policy Dialogue (CPD) has warned that Bangladesh could lose significant import duty revenue in the current fiscal year due to its new trade agreement with the United States. The concern was raised at a roundtable in Dhaka on March 10, where CPD Executive Director Dr. Fahmida Khatun presented findings showing a potential revenue loss of about Tk 1,327 crore. The deal, titled the Agreement on Reciprocal Trade, allows duty-free import of around 4,500 US products and requires tariff reductions on another 2,210 items over the next five to ten years.

CPD noted that the arrangement may create a one-sided market advantage for the US and could conflict with World Trade Organization (WTO) principles, potentially complicating Bangladesh’s trade policy. The organization also cautioned that mandatory purchases of certain US goods could raise government expenditure, urging a review of the deal through dialogue with Washington.

The discussion further highlighted Bangladesh’s revenue shortfall, growing reliance on bank borrowing, and slow development spending, with CPD recommending realistic budget targets and long-term fiscal reforms to stabilize the economy.

The government of Bangladesh has declared March 18, 2026, a public holiday by executive order, extending the Eid-ul-Fitr vacation period. Following this announcement, Bangladesh Bank confirmed that scheduled banks will remain closed for seven consecutive days. However, to facilitate salary and bonus payments for garment workers, certain bank branches in industrial areas will remain open on March 18 and 19.

According to a circular issued by the central bank, branches located in Dhaka, Ashulia, Tongi, Gazipur, Savar, Valuka, Narayanganj, and Chattogram garment zones must operate from 10 a.m. to 2 p.m., with a prayer break between 1:15 p.m. and 1:30 p.m. Transactions will be conducted until 1 p.m. The circular also instructed that bank branches and booths in port and customs areas remain operational 24 hours a day, seven days a week, to support import and export activities.

Between March 17 and 23, except on Eid day, limited banking operations will continue in coordination with local administration and port authorities to ensure smooth trade-related transactions.

Md. Rezaul Karim Chowdhury has been promoted to the position of Deputy Managing Director (Finance and Accounts) at Grameen Bank. The decision was made at the bank’s 173rd board meeting, recognizing his outstanding performance and contributions to the institution. Prior to this promotion, he served as the General Manager of the Finance and Accounts Division.

Chowdhury was born in West Dhemsha village of Satkania upazila in Chattogram district. He completed his postgraduate degree in Management from the University of Chittagong and joined Grameen Bank in 1995 as a probationary officer. Over his career, he has held various key positions including Branch Manager, Program Officer, Area Manager, Zonal Audit Officer, Zonal Manager, and Department Head.

He expressed optimism about contributing further to the bank’s progress, particularly in expanding loan programs and deposit growth, drawing on his long professional experience.

The Bangladesh Petroleum Corporation (BPC) has set a new limit allowing motorcycle ride-share drivers in metropolitan areas to purchase a maximum of five liters of octane or petrol per day. The directive, issued on Tuesday, March 10, 2026, through a notice signed by BPC Secretary Shahina Sultana, replaces the previous two-liter daily limit. The rule applies only within city areas.

According to the notice, fuel stations must issue receipts specifying the fuel type, quantity, and price for each purchase. Drivers must submit the original copy of the previous receipt when refueling again. Fuel will be supplied only after verifying the motorcycle’s registration number and driver information with the ride-sharing app. BPC emphasized that selling fuel above the government-fixed price is illegal and that fuel prices are reviewed monthly by the government.

BPC stated that fuel imports and distribution across the country are continuing as scheduled, with regular deliveries by rail wagons and tankers to maintain stable supply. The decision aims to ensure uninterrupted fuel availability amid the current situation.

Bangladesh Petroleum Corporation (BPC) has announced that 5,000 tons of diesel are being imported from India’s Numaligarh Refinery in Assam. The fuel is expected to reach Bangladesh through a cross-border pipeline on Tuesday, March 10, 2026. BPC’s General Manager for Commerce and Operations, Muhammad Morshed Hossain Azad, confirmed the development, adding that pumping operations have already begun in India.

According to BPC sources, the government initiated this emergency import to maintain stable fuel reserves and ensure uninterrupted nationwide supply. Officials believe the pipeline transport will reduce both time and transportation costs. Bangladesh has also formally proposed importing an additional 50,000 tons of diesel through the same pipeline over the next four months.

A separate agreement remains in place to import 180,000 tons of diesel from the Numaligarh Refinery by December 2026, though implementation had been delayed due to strained Dhaka–Delhi relations. The total cost of that deal is estimated at about Tk 1,462 crore, financed partly by BPC and partly through bank loans.

Global oil prices dropped sharply after US President Donald Trump suggested that the ongoing war involving the United States, Israel, and Iran could soon end. The decline followed a period of intense volatility in the energy market, which had seen prices reach their highest level in four years on March 9, 2026.

Just a day earlier, Brent crude oil prices had surpassed 100 dollars per barrel for the first time since Russia’s 2022 invasion of Ukraine. The surge triggered heavy sell-offs in major stock markets across Asia and Europe, while New York’s Wall Street also faced early trading pressure. Trump’s remarks, made in an interview with CBS News, appeared to calm markets, leading to a rapid price correction.

By the end of the day, Brent crude, which had briefly touched 119.50 dollars per barrel, fell to 98.96 dollars. The developments highlighted the sensitivity of global energy markets to geopolitical signals and presidential statements.

Pakistan’s Prime Minister Shehbaz Sharif announced strict energy-saving measures on Monday amid fears of a fuel shortage caused by the ongoing conflict in the Middle East. In a televised address, he said all primary schools across the country would remain closed for two weeks, while higher education institutions would shift to online classes. Half of all government and private employees have been instructed to work from home, and offices will now have an additional weekly holiday to reduce energy consumption.

The announcement came as crude oil prices surpassed 100 dollars per barrel for the first time in four years. Sharif noted that Pakistan’s economy, agriculture, and transport sectors are heavily dependent on Middle Eastern oil and energy supplies. He also ordered a reduction in fuel allocations for government vehicles, banned new purchases of furniture, air conditioners, and other office items, and suspended all foreign trips by government officials, including himself.

These measures are intended to conserve energy and stabilize national fuel reserves during the regional crisis.

A shortage of bottled soybean oil has been reported in several markets across Dhaka, with consumers struggling to find one- and two-liter bottles despite stable retail prices. Dealers have reportedly raised wholesale prices, reducing retailers’ profit margins. Open soybean and palm oil prices have also increased. Some shopkeepers said companies are supplying less oil, while panic buying linked to conflict in the Middle East has worsened the situation.

Commerce Minister Khandaker Abdul Muktadir, after meeting with importers and traders, denied any shortage, stating that there is sufficient stock and no reason for price hikes. He attributed the temporary supply pressure to consumers purchasing more than usual out of fear. The minister warned that panic buying could allow unscrupulous traders to exploit the situation and assured that monitoring would be intensified.

Oil companies and importers also rejected claims of reduced production or supply, asserting that distribution remains normal. The ministry confirmed that consumer protection authorities and local administrations will continue market inspections to prevent manipulation.

Leaders of the Bangladesh Independent Power Producers Association (BIPPA) have warned that private sector furnace oil-based power plants can continue production for only about one month with their current fuel reserves. Speaking at a press conference in Dhaka on Monday, BIPPA President David Hasnat and former president Imran Karim urged the government to ensure timely fuel supply and payment of outstanding dues to prevent a severe electricity crisis as irrigation demand and summer heat intensify.

Imran Karim stated that as of early March, private plants held around 130,000 tons of fuel oil, sufficient to operate until April 7–10. He noted that private producers generate roughly half of Bangladesh’s total electricity, but delayed government payments—often six to nine months late—have created financial strain, with dues reaching about Tk 14,000 crore. Karim also argued that furnace oil remains comparatively stable in price, unlike LNG, which has seen sharp increases.

BIPPA Vice President Faisal Ahmed Chowdhury emphasized the sector’s growing local expertise, while Hasnat cautioned that the country could face a 3,000-megawatt power shortfall during peak heat if short- and long-term plans are not implemented.

The Government of Bangladesh has introduced a new policy to enhance transparency and accountability in distributing stipends to primary school students. Announced on March 9, 2026, by the Ministry of Primary and Mass Education, the 'Primary Education Stipend Program Implementation Guidelines 2026' mandates that stipend funds be sent directly to the mother’s registered mobile banking account. In the absence of the mother, the father or a legal guardian will receive the payment through the same digital process.

According to the new guidelines, all students of government primary schools, PTI-affiliated experimental schools, and those run by the Child Welfare Trust will be eligible, with a maximum of two children per family allowed to receive stipends. Monthly payments will vary by grade, ranging from 75 taka for pre-primary students to 200 taka for grades six to eight. Students must maintain at least 80% attendance and achieve minimum academic performance to continue receiving benefits.

The Directorate of Primary Education will oversee the fully digital distribution system, coordinated with the Finance Division, Bangladesh Bank, and mobile financial service providers. Any irregularities in fund distribution will be subject to legal action.

Commerce Minister Khandaker Abdul Muktadir stated that there is sufficient stock of edible oil in the market and no possibility of a price increase. He made the remarks on Monday after a meeting with edible oil traders at the Ministry of Commerce to review the overall supply situation following reports of minor shortages and slightly higher prices in some areas.

The minister explained that recent supply pressure in certain markets resulted from panic buying by consumers, not from any actual shortage. He emphasized that importers and refinery owners confirmed adequate reserves of edible oil. Muktadir urged consumers not to purchase excessively, warning that unnecessary competition could allow unscrupulous traders to exploit the situation.

He further said that monitoring activities would be strengthened to ensure market stability and prevent misinformation. The National Consumer Rights Protection Directorate and district administrations will continue regular inspections, and the government will take action if irregularities are found.

The ongoing conflict surrounding Iran has sparked fears of a new wave of inflation in the United Kingdom, according to a report citing Al Jazeera. The impact is already visible in European stock markets, with the UK's FTSE 100 index dropping by about 200 points, or roughly 2 percent, and Germany's DAX index falling by around 2.3 percent.

Market analysts suggest that investors are now factoring in the possibility of interest rate hikes due to inflation concerns. The Bank of England is expected to make decisions on this matter in the coming weeks or months. Higher interest rates would make borrowing more expensive for both businesses and homeowners.

Since the crisis began, yields on UK government bonds have also risen significantly, raising concerns that the government’s day-to-day financial management could become more difficult.