The SME Foundation and Prime Bank have signed a refinancing agreement in Dhaka to expand access to affordable loans for cottage, micro, small, and medium (CMSME) entrepreneurs. The initiative, supported by the government’s Tk 300 crore revolving fund and guided by credit wholesaling directives, aims to strengthen grassroots economic activity. Industry, Commerce, and Textile Minister Khandaker Abdul Muktadir attended the signing ceremony as chief guest, reaffirming the government’s commitment to a business-friendly environment for small entrepreneurs.

Under the agreement, eligible entrepreneurs will receive loans at a maximum annual interest rate of 8 percent, ranging from Tk 1 lakh to Tk 25 lakh, with a repayment period of up to four years including a six-month grace period. A significant portion of the fund is reserved for women entrepreneurs and those in specific industrial clusters. Priority will also be given to young ICT innovators, import-substitute producers, and entrepreneurs in climate-vulnerable or disadvantaged regions.

Leaders from both institutions expressed optimism about the program’s potential to enhance employment, promote eco-friendly technology, and integrate returning migrants into productive sectors, thereby strengthening Bangladesh’s CMSME sector.

KDS Group, a well-known name in Bangladesh’s construction sector, has inaugurated a new branch office of KY Two Tone in Purbachal. The opening ceremony took place on Saturday, April 18, 2026, with KY Steel’s Chief Operating Officer Jabir Hossain attending as the chief guest. Other senior officials from KY Steel, including General Manager Wahid Farhad and branch in-charge Wasif Zobayer, were also present alongside company distributors and staff.

During the event, Jabir Hossain stated that the new branch would bring KY Two Tone’s services closer to customers, emphasizing modern technology, quality, and customer service. Speakers highlighted the company’s development plans, architectural solutions, and commitment to customer satisfaction. They expressed optimism that the new office would play a key role in delivering quality construction services in Purbachal and surrounding areas.

After the inauguration, guests toured the new facility and wished success for the company’s future operations.

The government has waived loans of up to Tk 10,000, including interest, for nearly 1.2 million small and marginal farmers, according to Prime Minister’s Adviser Dr. Mahdi Amin. He announced the decision on Saturday afternoon at a press conference held at the Prime Minister’s Office in Tejgaon. The briefing marked two months of the current government’s tenure and highlighted 60 major initiatives taken during this period.

At the same event, the Prime Minister’s Office spokesperson said the government had resolved 133 ordinances during the first session of the 13th National Parliament, setting a precedent for parliamentary democracy. Sixteen of these ordinances, including those related to the Human Rights Commission and enforced disappearance prevention, will be reintroduced as bills after further review. The spokesperson added that the initiative reflects the government’s commitment to transparency and accountability.

Additionally, the government has launched a project to excavate and re-excavate 20,000 kilometers of rivers, canals, and water bodies across the country, with work already underway in 54 districts.

The government of Bangladesh has initiated steps to sign bilateral agreements with seven European countries to explore alternative labor markets. The countries include Serbia, Greece, North Macedonia, Romania, Portugal, Brazil, and Russia. The announcement was made by Prime Minister’s Adviser Dr. Mahdi Amin at a press conference held at the Prime Minister’s Office in Tejgaon on Saturday afternoon. The event marked two months of the current government’s tenure and highlighted 60 major initiatives taken so far.

According to the Prime Minister’s Office spokesperson, the initiative aims to increase overseas employment by exporting more skilled and semi-skilled workers. The government is emphasizing technical training and multilingual education to enhance both the quantity and quality of migration. Nationwide technical training centers and updated curricula are being prioritized to support this goal.

The spokesperson also mentioned plans to develop North Bengal as a hub for agro-processing industries and to introduce PayPal and other payment gateway services in Bangladesh, signaling broader economic and technological reforms.

Agriculture, Fisheries and Livestock Minister Aminur Rashid Yasin said that farmers are being deprived of fair prices due to syndicates controlling agricultural inputs and markets. He stated that farmers must buy fertilizers, seeds, and pesticides at high prices and that the government will take strict action against these syndicates. The minister made these remarks on Saturday, April 18, during a gathering at Harindhara in Moynamoti Union of Burichang upazila, Cumilla, after inspecting the Gomti River and Jainta Canal.

He emphasized that the government is following farmer-friendly policies, noting that about 70 percent of the population is directly or indirectly involved in agriculture. He added that a strong agricultural sector ensures a stable national economy. The minister also mentioned that the government has introduced agricultural cards to provide subsidies and other benefits to farmers, initiatives taken under the leadership of Prime Minister Tarique Rahman.

Yasin announced that a modern vegetable storage facility will be built soon at the Nimsar vegetable market, one of the largest in the region, to help farmers preserve their produce and sell it at fair prices, thereby strengthening local agriculture.

The Ministry of Finance has issued a recruitment notice for 23 vacant posts under the Customs, Excise and VAT Training Academy. The positions span 11 categories across grades 11 to 20, with applications open from April 19 to May 10, 2026. Candidates must apply through the designated website before the deadline.

The available posts include Subedar, Office Assistant-cum-Computer Typist, Driver, Havildar, Nurse, Lineman Electrician, Pump Operator, Armorer, Projector Operator, Office Assistant, and Cook. Salary ranges vary from 8,250 to 30,230 taka depending on grade. The age limit for applicants is 18 to 32 years as of May 10, 2026, though for certain positions—Subedar, Havildar, and Armorer—the maximum age is 40 years.

The recruitment aims to fill essential operational and support roles within the academy, which functions under the Finance Ministry’s administrative framework. Interested candidates are required to submit applications and examination fees within the specified timeframe.

The International Air Transport Association (IATA) has urged authorities to prepare coordinated plans to address potential jet fuel shortages caused by the ongoing Middle East war. On Friday, IATA chief Willie Walsh warned that an International Energy Agency assessment indicated Europe could face a jet fuel crisis within six weeks, calling the situation deeply concerning. He added that by the end of May, some European flights might be canceled due to fuel shortages, with similar issues already emerging in parts of Asia.

The conflict began in late February when the United States and Israel launched military operations that spread across the Middle East, prompting Iran to effectively close the Strait of Hormuz. This disruption has led to growing concerns over aviation fuel supplies. Walsh advised that authorities should have clear and coordinated rationing plans ready if shortages occur.

EU Energy Commissioner Dan Jørgensen told the Financial Times that some flights might soon be canceled due to fuel concerns, while suggesting EU countries share jet fuel if the crisis persists. However, EU spokesperson Anna-Kaisa Itkonen said there were no current signs of a systemic shortage leading to widespread flight cancellations.

The government of Bangladesh has announced an increase in fuel prices for consumers, aligning domestic rates with the global market. According to a press release issued by the Ministry of Power, Energy and Mineral Resources on Saturday, April 18, 2026, the new prices will take effect from midnight. The retail price of diesel has been set at 115 taka per liter, up from 100 taka. Octane will now cost 140 taka per liter, rising from 120 taka, while petrol will increase from 116 taka to 135 taka per liter.

The ministry stated that the adjustment was made to maintain consistency with international fuel price trends. The announcement marks a significant revision in the country’s fuel pricing structure, affecting key petroleum products including diesel, kerosene, octane, and petrol.

The new rates are expected to influence transportation and production costs across various sectors once implemented, though no official comment on broader economic impacts was included in the announcement.

The Bangladesh Rural Electrification Board (BREB) has issued a recruitment notice for the position of Medical Retainer. The job is temporary and based in Dhaka. Applications opened on April 10, 2026, and will remain open until May 4, 2026. Both male and female candidates are eligible to apply, with a maximum age limit of 45 years as of April 9, 2026. Affidavits will not be accepted as proof of age.

Applicants must submit their applications offline by post, including all required documents, to the Director, Employee Administration Department, Bangladesh Rural Electrification Board, Head Office Building (2nd Floor), Nikunja-2, Khilkhet, Dhaka-1229. A bank draft or pay order of 1,000 taka payable to the Bangladesh Rural Electrification Board must be included with the application.

The authority has requested candidates to complete their applications within the specified time frame and ensure all necessary documents are attached before submission.

Bangladesh’s Minister of Shipping Sheikh Robiul Alam said that maritime cadets are prepared to lead the country’s progress through sea routes and represent Bangladesh internationally. He made the remarks on Saturday morning while addressing the passing-out parade of the 28th batch at Chattogram Maritime Institute. The minister emphasized that education should ensure both physical and mental development, describing the cadets as national assets who will showcase Bangladesh’s capability and professionalism at ports around the world.

He highlighted the importance of technical education, noting that skill-based training creates employment opportunities, unlike purely academic qualifications that can lead to unemployment. Sheikh Robiul Alam stated that since the 1990s, maritime training programs have produced thousands of skilled professionals contributing significantly to the national economy. He also assured that further expansion of the maritime sector is planned to strengthen Bangladesh’s global presence.

The minister advised cadets to maintain health awareness, including using sunscreen during long parades. The event was attended by institute teachers, officials, and guardians, who were impressed by the cadets’ disciplined march and performance.

Agriculture, Fisheries and Livestock Minister Mohammad Aminur Rashid has directed officials to take immediate action wherever fertilizer is sold at inflated prices. Speaking on Saturday at a public gathering in Harindhara Primary School field after inspecting Gomti River and Jayanta Canal in Burichang upazila, Cumilla, he instructed agricultural officers to collect evidence in plain clothes, record videos, and take written undertakings from violators to ensure accountability.

The minister emphasized that about 70 percent of the population is involved in agriculture and that protecting farmers’ interests is a key government responsibility. He said the government has fixed the purchase price of paddy based on production costs to ensure fair returns for farmers. Under a pre-piloting phase, farmer cards have been distributed in 11 agricultural blocks across 10 districts, providing Tk 2,500 in assistance to marginal and small farmers.

Rashid also announced the construction of a modern vegetable storage facility at Nimsar market to help farmers preserve produce and sell at fair prices. He reaffirmed the government’s commitment to act against syndicates inflating prices of fertilizer, seeds, and pesticides.

Bangladesh’s Finance Minister Amir Khasru Mahmud Chowdhury stated that there is no scope to say yes or no regarding the next tranche of the International Monetary Fund (IMF) loan. He made the remarks on Friday, April 17, after meetings with two IMF teams at the organization’s headquarters in the United States. The minister said discussions are ongoing and will continue for about two weeks, emphasizing that the matter will be resolved through dialogue rather than immediate decisions.

According to the report, the IMF has withheld the next loan disbursement due to slow progress in banking sector reforms, delays in the new bank resolution law, and weak revenue collection. The minister rejected some media reports suggesting that the IMF had suspended the tranche, clarifying that no final decision has been made yet. Bangladesh still has 1.86 billion dollars remaining under the 5.5 billion dollar IMF loan program, with expectations to receive 1.3 billion dollars by June of the current fiscal year.

Sector insiders believe that delays in implementing IMF conditions could hinder the release of the next tranche, though the government expects a resolution soon.

The once-celebrated batik industry of Comilla, once as popular as its famous sweets and khadi, is now fighting for survival. Artisans in Kamalpur village of Jagannathpur Union, where the craft began about 50 years ago, face declining demand, capital shortages, and limited government support. Around 25 factories in Kamalpur and nearby villages still produce batik saris, three-piece suits, shirts, lungis, and bed sheets, supplying local shops and exporting to other districts and abroad.

Workers start early each day, dyeing, waxing, and designing fabrics with intricate floral and abstract patterns. Entrepreneurs like Abu Sayed of Comilla New Batik Ghar employ small teams to manage weekly production, while artisans such as Hamid Chowdhury and Mushfiqur Rahman Monna continue the labor-intensive process with dedication. However, the industry remains vulnerable to weather and seasonal fluctuations.

Local entrepreneurs believe that low-interest loans and government incentives could revive the sector, helping Comilla’s batik reclaim its former national and international prominence.

Malaysia has implemented a work-from-home policy across federal government offices to conserve energy amid a global energy crisis linked to the Middle East conflict. The measure, announced on April 18, 2026, applies to employees living more than eight kilometers from their offices in Kuala Lumpur, Selangor, Putrajaya, and other state capitals. However, counter-based public services, such as those at Urban Transformation Centres providing immigration and police services, remain fully operational.

In Putrajaya, the federal administrative capital, most ministries are operating with reduced on-site staff, resulting in quieter surroundings and lower electricity use. Many government buildings have dimmed lighting and are running only half of their elevators to further save power.

The policy excludes workers in security, defense, health, and education sectors. Eligible employees will be allowed to work from home three days a week. The initiative is described as a strategic step to manage energy consumption while maintaining essential public services.

The Trump administration has extended a waiver allowing the purchase of Russian oil and petroleum products for nearly one more month. The decision, announced by the US Treasury Department, aims to help control soaring global energy prices. According to a document posted on the department’s website, ships loaded with Russian oil by Friday can be purchased until May 16. The previous 30-day waiver expired on April 11, and the new extension renews that permission.

Reuters reported that US Treasury Secretary Scott Besent stated Washington will not renew the sanctions on Russian oil purchases after this period. Earlier, Russian presidential envoy Kirill Dmitriev said the initial waiver had enabled about 100 million barrels of Russian crude to enter the market.

The move reflects Washington’s attempt to balance sanctions enforcement with global energy stability, as the temporary relaxation could ease supply pressures in the international oil market.