The Bangladesh government is currently experiencing relief over the electricity and fuel situation, as the country has gone six consecutive days without any load-shedding. According to officials from the Power Division, electricity demand and supply have remained balanced across all nine zones, with peak-hour demand fully met. The Energy Division also confirmed that fuel reserves are sufficient for the entire month of May, with 355,169 tons of fuel oil in stock as of Sunday. Petrol pumps across the country are operating smoothly, and long queues have disappeared.

Officials attribute the stable power supply partly to unseasonal rainfall, which has kept electricity demand lower than usual. Meteorologists expect intermittent rain to continue until at least May 10, helping maintain normal temperatures and easing pressure on the power grid. The Bangladesh Petroleum Corporation has taken measures to increase diesel reserves, with additional shipments being unloaded and more on the way.

The improved situation follows months of severe fuel shortages and public unrest earlier this year. Government interventions, including price adjustments and tighter supply management, have restored stability to both the electricity and fuel sectors.

Eighteen rice mills in Chandpur are on the verge of closure due to the growing dominance of corporate businesses, frequent power outages, and a shortage of paddy. According to local mill owners, three mills—Mokka Auto Rice, Topadar Auto Rice, and Baba Auto Rice—have already shut down, while fifteen others are operating intermittently. The Chandpur District Rice Mill Owners’ Association reported that corporate firms have captured the rice market through financial strength and advanced technology.

Association president Abdur Rahim Sarkar said that major companies such as City, Meghna, Bashundhara, Fuad, Pran, and Mojumdar now control both domestic and international rice sourcing and packaging, offering a wide range of consumer-friendly pack sizes. Local mills, limited to 25–50 kg sacks, cannot compete with these marketing strategies. Mill owners also cited insufficient local paddy supply, frequent power cuts, and dependence on crushers as key obstacles.

Owners warned that without government financial incentives and measures to curb corporate dominance, the remaining mills may soon close, leaving around two thousand workers unemployed.

Speakers at a national convention in Dhaka on May 3 emphasized that Bangladesh’s energy crisis cannot be solved without first addressing corruption and policy failures. The session, held at the Diploma Engineers Institute and organized by the National Citizen Party’s Reform Implementation Committee, focused on energy security and future strategies. Participants called for reducing dependence on oil imports by expanding solar power and implementing structural reforms in the energy sector.

Economist Dr. Khan Zahirul Islam argued that corruption and flawed policies, not resource shortages, drive the crisis, citing misuse of installed capacity and large-scale financial irregularities. Other speakers, including Barrister Asaduzzaman Fuad and energy analyst Shafiqul Alam, highlighted sovereignty concerns, rising import dependence, and the need for solar and waste-to-energy initiatives. They also criticized inefficiencies in power generation and subsidies.

Speakers urged the government to waive import duties on solar equipment, review costly power contracts, and prioritize rooftop solar projects to cut costs and reduce load-shedding. They warned that without swift reforms, Bangladesh’s energy dependence and fiscal burden will continue to grow.

In Banshkhali upazila of Chattogram, fertilizer and seed were distributed among 2,500 farmers affected by a recent storm. The distribution took place on Sunday afternoon under the initiative of the Banshkhali Agriculture Office. Member of Parliament Maulana Zahirul Islam attended the event and personally handed over the supplies to the farmers.

The event was presided over by Upazila Nirbahi Officer Jamshedul Alam, with former Upazila BNP convener Lokman Ahmad as special guest. Upazila Agriculture Officer Shyamal Chandra Sarkar delivered the welcome speech. Each farmer received 10 kilograms of DAP fertilizer, 10 kilograms of MOP fertilizer, and 5 kilograms of seed free of cost to support Aus crop production.

The initiative aimed to assist local farmers in recovering from storm damage and to promote increased Aus cultivation in the region.

Bangladesh’s export sector rebounded in April 2026 after eight consecutive months of decline, according to data released by the Export Promotion Bureau (EPB) on Sunday. Export earnings rose by 32.92 percent year-on-year to 4.01 billion dollars, up from 3.02 billion dollars in April of the previous year. Compared to March’s 3.48 billion dollars, April’s earnings increased by 15.20 percent. The growth was driven mainly by the ready-made garment industry, rising demand in key markets, and an increase in new orders.

Despite the April surge, total export earnings for the first ten months of the 2025–26 fiscal year stood at 39.40 billion dollars, still 2.02 percent lower than the same period last year. The apparel sector remained the main contributor, earning 31.72 billion dollars during July–April. The United States and the United Kingdom showed the strongest growth, with exports rising 43.01 percent and 23.46 percent respectively. Leather and leather goods exports rose 5.95 percent year-on-year, while agricultural processed products saw a 65 percent jump in April.

Knitwear manufacturers’ association president Mohammad Hatem said the April rise mainly reflected shipments delayed from March due to Eid holidays. He cautioned that export performance might fluctuate again in the coming months.

Bangladesh Bank has reported that the country's total foreign exchange reserves have increased to 35,204.76 million, or 35.20 billion, US dollars as of May 3, 2026. The information was confirmed by Arif Hossain Khan, Executive Director and Spokesperson of the central bank. According to the latest data, the gross reserve stood at 35,204.76 million dollars, while under the IMF’s BPM6 calculation method, the reserve amounted to 30,512.29 million dollars.

The previous record on April 23 showed the gross reserve at 35,117.50 million dollars and the BPM6-based reserve at 30,484.01 million dollars. The central bank clarified that net reserves are calculated following the IMF’s BPM6 methodology, which deducts short-term liabilities from total reserves to determine the actual amount.

The increase marks a continuation of reserve growth following earlier declines, reflecting a modest improvement in the country's external financial position according to the central bank’s latest figures.

The United States is experiencing a sharp rise in fuel prices as the ongoing war with Iran disrupts global oil supplies. According to data released on Saturday, the average price of gasoline in the country has climbed to $4.45 per gallon, marking an increase of 34 cents in just one week. Since the conflict began on February 28, gasoline prices have risen by $1.47 per gallon. California has recorded the highest average price at $6.10 per gallon.

Diesel prices have also surged significantly, reaching a national average of $5.64 per gallon, up from $3.76 on the day the war began. The steep increase has raised concerns across the transportation sector, which heavily depends on diesel fuel.

Analysts warn that if tensions in the Middle East persist, the energy market could face further instability, leading to higher transportation costs, increased commodity prices, and greater pressure on consumers’ living expenses.

Fisheries and Livestock Minister Mohammad Amin Ur Rashid announced that Bangladesh has sufficient livestock for the upcoming Eid-ul-Azha, eliminating the need for imports. Speaking at a press conference at the ministry in Dhaka on Sunday, he said more than 12.4 million cattle, buffaloes, goats, and sheep are ready across the country. The minister assured that animal prices will remain at a reasonable level.

He stated that, as in previous years, no cattle imports will be allowed, and leases for border markets have been suspended in advance. Across the country, over 3,600 cattle markets will operate, including 27 in Dhaka—16 under the North City Corporation and 11 under the South. Markets will be set up only in designated areas to avoid traffic disruption. No import permits will be issued for fattening injections, and online cattle sales will remain free of fees.

Veterinary teams will be deployed at every market under the Department of Livestock Services, and law enforcement agencies have been instructed to prevent extortion during cattle transport by road and river.

The Bangladesh Energy Regulatory Commission (BERC) announced on Sunday that the retail price of liquefied petroleum gas (LPG) will remain unchanged for May. According to the commission, the price of a 12-kilogram LPG cylinder will stay at 1,940 taka. The decision took effect from 6 p.m. on the same day. BERC stated this in an official notice issued on May 3, 2026.

The commission had adjusted LPG prices twice in April. On April 2, the price of a 12-kilogram cylinder was increased by 387 taka to 1,728 taka, and again on April 19, it was raised by 212 taka to reach the current 1,940 taka. Meanwhile, BERC slightly increased the price of autogas by 0.02 taka per liter, setting it at 89.52 taka per liter including VAT for May.

Autogas prices were also revised twice in April, first on April 2 and then on April 19, when the rate rose to 89.50 taka per liter. The latest adjustment marks a minimal increase for May, reflecting a stabilization in LPG pricing after consecutive hikes last month.

Speakers at a national convention in Dhaka on May 3, 2026, called for renewed strategies to address Bangladesh’s growing educated unemployment. The session, held at the Diploma Engineers Institute and organized by the National Citizen Party’s Reform Implementation Committee, focused on economic restructuring, governance, and employment. Participants emphasized automating revenue collection, curbing corruption in large projects, and diversifying energy sources to revive economic momentum.

Speakers including Dr. M. Masrur Riaz of Policy Exchange Bangladesh, BDJobs CEO Fahim Mashroor, and former DCCI president Shams Mahmud discussed structural weaknesses in the economy. They highlighted issues such as weak financial governance, high youth unemployment among university graduates, and the lack of investment due to energy shortages and high interest rates. Calls were made for entrepreneurship development and overseas employment opportunities for graduates.

Panelists also criticized long-standing corruption, poor banking discipline, and overreliance on foreign loans. They urged reforms in tax automation, banking governance, and energy diversification to restore economic stability and create sustainable employment opportunities.

Titas Gas authorities have announced a temporary suspension of gas supply in several areas of Dhaka, including Gulshan, Banani, Baridhara and nearby localities. The company issued a statement on Sunday, May 3, expressing regret for the disruption and explaining the cause of the outage.

According to the statement, a pipeline of Titas Gas was damaged during work by Dhaka Wasa on the Gulshan-Badda Link Road. To prevent possible damage to life and property, the gas valves were closed and repair work on the leakage is underway. As a result, gas supply in the affected areas remains suspended.

The company has not specified when the repair work will be completed or when gas supply will resume in the affected neighborhoods.

Bangladesh’s Fisheries and Livestock Minister Mohammad Aminur Rashid announced that 12,333,840 animals are available for sacrifice ahead of the upcoming Eid-ul-Azha. The figure includes 5,695,878 cows and buffaloes, 6,632,307 goats and sheep, and 5,655 other species such as camels and dumba. The announcement was made at a press conference held on Sunday at the Secretariat, attended by State Minister for Fisheries and Livestock Sultan Salauddin Tuku.

According to the minister, the national demand for sacrificial animals this year is estimated at 10,106,334, leaving a surplus of 2,227,506 animals. Last year, the total availability was 12,447,337 animals, with 9,136,734 slaughtered, resulting in a surplus of 3,310,000. The minister said the data shows Bangladesh has no shortage of sacrificial animals and can meet national demand without imports.

He added that consistent government policy support and the growth of the livestock sector have made the country self-sufficient, benefiting local farmers through fair prices and contributing to economic strength.

Seven member countries of the OPEC Plus alliance are meeting today to determine new oil production quotas. This is the first meeting since the United Arab Emirates (UAE) officially withdrew from both OPEC and the broader OPEC Plus group last Friday. The meeting follows the UAE’s decision, announced on April 28, to leave the alliance due to dissatisfaction with production limits.

The UAE, one of the world’s major oil producers, had long expressed discontent over the quotas set by the alliance. Analysts cited this ongoing disagreement as the main reason behind its departure. The current meeting is expected to address production adjustments among the remaining members.

According to reports, the seven participating countries may decide to increase daily oil output by about 188,000 barrels. Such a move could influence global oil supply and prices, depending on how markets respond to the new quotas.

Heavy and prolonged rainfall across Bangladesh has submerged vast areas of ripe Boro paddy fields, leaving farmers in distress over crop losses and loan repayments. In several districts including Sunamganj, Habiganj, Netrakona, Mymensingh, Jamalpur, and others, floodwaters have inundated low-lying lands and haor regions, damaging both ripe and half-ripe crops. Many farmers, who cultivated Boro paddy with borrowed money, are now forced to harvest immature crops to minimize losses. District administrations have formed emergency monitoring cells to address the disaster, while local agricultural offices are preparing lists of affected farmers.

In Sunamganj alone, about 20,000 hectares of farmland have been damaged, with 2,000 hectares completely destroyed, affecting over 20,000 farmers. Similar devastation has been reported from Habiganj, Naogaon, Mymensingh, and Jamalpur, where continuous rain and flash floods have caused widespread crop submersion. Farmers are struggling to dry harvested paddy due to lack of sunlight, and many have lost hope as floodwaters continue to rise.

Officials have begun assessing the extent of damage, but persistent rain and waterlogging continue to threaten remaining crops and delay recovery efforts.

The Tk 232 crore Muhuri Irrigation Project, completed in June 2024 across Feni and Chattogram’s Mirsarai areas, has failed to deliver expected benefits to local farmers. The project, approved in 2014 under the government’s Irrigation Management Improvement Project with Asian Development Bank support, aimed to irrigate 18,000 hectares through 850 underground pipeline schemes. However, only 338 schemes are operational, and just 3,000 hectares have received irrigation so far.

Flooding in 2024 severely damaged pumps, pipelines, prepaid meters, and electrical systems, halting irrigation despite formal handover to farmers. The project also faced disruptions from local extortion groups, theft of equipment, and corruption allegations, including claims of inflated costs and substandard materials. Farmers’ declining interest in irrigation-based crops and theft of electrical components have further hindered operations.

Project Director Md. Rafius Sajjad stated that a group has been deliberately obstructing the project, while flood damage and transformer theft have worsened the situation. Authorities continue to face challenges in restoring full functionality and ensuring the intended agricultural benefits.