Anik Kumar Mondal, a researcher at the Bangladesh Institute of Development Studies (BIDS), argues that reducing daily office hours by one hour is an ineffective response to the country’s deepening energy crisis. Writing on April 18, 2026, he describes the current measure as symbolic rather than practical, noting that office operations consume significant energy from the moment they open, making a one-hour reduction largely meaningless in real savings.

Mondal contends that the decision has increased administrative inefficiency and public inconvenience without easing the energy burden. He proposes that a full-day office closure each week would yield more tangible results, as it would halt energy use across entire facilities for a full day rather than trimming marginal consumption. He emphasizes that crisis management requires bold, measurable actions rather than partial or symbolic gestures.

The article further highlights Bangladesh’s dependence on imported fuel and warns that half-measures only prolong the crisis. Mondal suggests that with modern digital tools and flexible work arrangements, essential services could continue even if routine administrative offices close one extra day per week.

Bangladesh’s only state-owned oil refinery, Eastern Refinery Limited (ERL), is operating at low capacity due to crude oil supply disruptions caused by the ongoing Iran war. The Energy Division said March’s scheduled crude oil shipment from the Middle East was delayed, forcing ERL to run on emergency reserves. Two of its four units remain shut for maintenance. Bangladesh Petroleum Corporation (BPC) Chairman Md. Rezanur Rahman confirmed that the last shipment arrived in February and that a new consignment is expected in early May, after which full operations should resume. BPC assured that the country will not face a fuel shortage as additional diesel and octane imports have been arranged.

To address technical limitations and increase capacity, the government approved a Tk 31,000 crore project to modernize and double ERL’s refining capacity from 1.5 million to 4.5 million tons annually. Experts, however, questioned the project’s profitability and transparency, citing cost overruns, fossil fuel dependency, and lack of accountability in project management. Some analysts argued that investing in renewable energy would yield greater long-term benefits.

BPC maintains that the expansion will strengthen national energy security, reduce import costs, and enhance storage capacity, with construction expected to begin in early 2027.

A Tk 20 crore bridge built over the Ichamati River in Harirampur, Manikganj, has remained unused for two years because no connecting roads were constructed. The bridge, completed in December 2024 by contractor Dhrubo Construction under a Roads and Highways Department (RHD) project, was meant to link the Jhikta Bazar area. However, land acquisition and occupation disputes have stalled the construction of approach roads, forcing locals to continue using an old, damaged bridge at great risk.

Residents report severe difficulties transporting agricultural goods and commuting safely. Local traders near Jhikta Bazar have reportedly obstructed road construction, demanding compensation for their shops. RHD officials confirmed that the process of land acquisition and eviction is ongoing and expressed hope that the issue will soon be resolved so that work can resume.

Until the link roads are built, the new bridge remains inaccessible, prolonging public suffering and traffic congestion in the area.

A sudden drop in paddy and rice prices across several districts of the Rajshahi region has left farmers and traders in severe distress. Over the past month, paddy prices have fallen by Tk 200–400 per maund, while rice prices have dropped by Tk 2–6 per kilogram. Farmers are struggling to recover production costs, and mill owners and traders are facing losses. The situation has created instability in the agricultural and food sectors, raising fears of a prolonged crisis.

Local traders attribute the price fall to rising transport costs, reduced buyer turnout from other districts, and increased supply ahead of the new harvest. Farmers report selling paddy below production cost, while rice mill owners cite higher imports reducing demand for domestic rice. Agricultural economists point to an imbalance between supply and demand, driven by stockpiling and import pressure.

Experts warn that if the downturn continues, farmers may lose interest in rice cultivation, threatening future food production. The Rajshahi Rice Mill Owners’ Association has urged the government to set a minimum support price and strengthen market monitoring to stabilize prices.

The Bangladesh Land Ministry has fallen short of its land development tax collection target, with only 41.77 percent of the combined goal achieved by February 2026. Government institutions have shown the least compliance, contributing just 9 percent of their target, while the general service sector, including private landowners and residential properties, reached 32.77 percent. The ministry now faces the challenge of collecting nearly one thousand crore taka by June 29.

According to ministry sources, a total of 656.97 crore taka is owed by government agencies such as Bangladesh Railway, the Road Transport and Bridges Ministry, and the Shipping Ministry. To accelerate revenue collection, the ministry is organizing a five-day “Land Development Tax Fair” from May 10 to 14 across 516 AC Land Offices nationwide. The event aims to encourage tax payment and raise awareness about digital land services, record management, and name registration.

Officials believe the fair could significantly improve tax collection, as a similar three-day event last year generated 3.25 crore taka. The ministry has formed multiple committees led by additional secretaries to ensure the fair’s success.

The International Monetary Fund (IMF) has suspended the next tranche of its loan to Bangladesh, citing insufficient progress in revenue and banking sector reforms. The disbursement, scheduled for June under a $5.5 billion program, has been delayed as key conditions remain unmet. The decision was confirmed by members of Bangladesh’s delegation attending the IMF and World Bank Spring Meetings in Washington, led by Finance Minister Amir Khasru Mahmud Chowdhury.

According to the IMF, Bangladesh failed to advance in areas such as revenue mobilization, banking discipline, subsidy reduction in the energy sector, and implementation of a market-based exchange rate. The organization has proposed initiating discussions on a new loan framework with revised conditions. IMF officials indicated that a review mission will not proceed until significant progress is achieved, making a June disbursement unlikely.

Economists warn that the delay could strain Bangladesh’s foreign reserves and budget support, potentially affecting financing from other development partners who view IMF assessments as key indicators. The IMF’s Asia-Pacific director emphasized that strong political will is needed to implement overdue reforms in fiscal and financial sectors.

Global oil markets saw a significant decline after Iranian officials announced the reopening of the Strait of Hormuz for commercial ships. On April 18, 2026, Brent crude and US oil prices dropped below 90 dollars per barrel, with Brent crude settling 9.1 percent lower at 90 dollars and 38 cents by the end of the day.

The development comes amid a ceasefire between the United States and Iran, though Washington continues to enforce a naval blockade on Iranian ports. Iran’s parliament speaker, Mohammad Bagher Ghalibaf, warned that Tehran would close the Strait again if the blockade persists. The Strait of Hormuz is a critical maritime route through which one-fifth of the world’s crude oil is transported.

The conflict began on February 28 when the United States and Israel launched military action against Iran, disrupting shipping through the strategic waterway. The latest move to reopen the Strait has temporarily eased oil supply concerns but tensions remain high in the region.

Iraq has resumed crude oil exports from its southern region after more than a month of suspension caused by disruptions to shipping through the Strait of Hormuz, according to Middle East Eye. On Friday, loading began on a Maltese-flagged tanker named Agios Fanourios 1 near Iraq’s southern oil terminal, with around two million barrels of Basra crude expected to be loaded.

Shipping and trade data indicate that the tanker entered the Persian Gulf through the Strait of Hormuz on Wednesday, following an earlier attempt by several tankers to pass during a U.S.-Iran ceasefire. The vessel is reportedly bound for Vietnam’s Nghi Son refinery, where it will deliver the crude oil cargo.

Officials said another tanker is expected to arrive at Iraq’s southern export terminal within the next two days, signaling a gradual normalization of oil export operations after the recent disruption.

The International Monetary Fund has lowered its global growth forecast for 2026 from 3.3 to 3.1 percent, citing the economic fallout from the United States-Israeli war on Iran and the closure of the Strait of Hormuz. The conflict has disrupted vital energy exports and damaged Gulf infrastructure, while a prolonged war could push global growth down to 2.5 percent. Low-income and developing nations are expected to suffer most from rising energy and commodity prices, and global shipping faces additional strain.

Despite the downturn, several industries are thriving amid the turmoil. Wall Street banks such as Morgan Stanley, Goldman Sachs, and JP Morgan Chase reported double-digit profit increases in early 2026, driven by heavy trading activity. The crypto-based prediction platform Polymarket has also surged, earning millions in daily fees from users betting on geopolitical outcomes. Meanwhile, global defence firms are benefiting from rising military spending, and the AI sector remains resilient, with Taiwan’s chip exports and TSMC’s profits reaching record highs.

The war has also accelerated the global shift toward renewable energy. Governments across Asia are implementing emergency measures and new incentives to reduce dependence on fossil fuels, driving a 70.92 percent annual rise in the S&P Global Clean Energy Transition Index.

BRAC Bank has signed an agreement with the SME Foundation to strengthen financial inclusion for women entrepreneurs and boost the country’s production sector. The signing ceremony took place in Dhaka, where BRAC Bank Managing Director and CEO Tarek Refaet Ullah Khan and SME Foundation Managing Director Anwar Hossain Chowdhury signed the deal in the presence of senior officials from related sectors.

Under the agreement, Tk 300 crore will be distributed nationwide through banks and financial institutions from the SME Foundation’s revolving fund. BRAC Bank will provide Tk 40 crore in collateral-free loans. Entrepreneurs can borrow between Tk 1 lakh and Tk 25 lakh at an 8 percent interest rate. The program will prioritize women-led enterprises, manufacturing sectors, and cluster-based businesses.

Officials stated that the initiative aims to expand financing opportunities for marginal and small entrepreneurs, contributing to inclusive and sustainable economic growth. The event was attended by the Minister of Industries, Commerce, and Textiles Khandaker Abdul Muktadir, SME Foundation Chairman and Industries Secretary Md. Obaidur Rahman, and Bangladesh Bank Deputy Governor Nurun Nahar.

Global oil prices dropped sharply on April 17, 2026, after Iran announced that the strategically vital Strait of Hormuz was now fully open for commercial shipping. Following the declaration by Iran’s foreign minister, Brent crude fell below $90 per barrel, down from over $98 earlier in the day. The U.S. benchmark, Nymex Light Sweet Crude, also saw a notable decline.

Before recent conflicts, Brent crude traded below $70 per barrel, but prices had surged past $100 in early March and peaked at $119 later that month. The latest announcement reversed part of that upward trend, signaling relief in global energy markets.

Stock markets in Europe and the United States responded positively to the news. Paris’s CAC and Frankfurt’s DAX indices each rose by more than two percent, while London’s FTSE also gained modestly. In early U.S. trading, the Dow Jones increased by 1.3 percent and the S&P by 0.7 percent, reflecting renewed investor optimism.

A severe fuel shortage has gripped Chattogram, mirroring the nationwide crisis triggered by the ongoing war in the Middle East. Many petrol pumps across the city have run dry, forcing drivers to wait in lines stretching up to a kilometer. Some motorists have waited four to five hours without receiving fuel, leading to frustration and occasional scuffles at filling stations. The Bangladesh Petroleum Corporation reported that Chattogram Division has 383 petrol pumps, with 46 located in the city.

Most city pumps are out of octane, and those still operating are rationing fuel, causing traffic congestion around the stations. Several major pumps, including those in Katalganj, New Para, Baluchhara, and Oxygen areas, remained closed due to lack of supply from depots. Only a few stations, such as QC Petrol Pump in Gani Bakery area, continued limited operations.

Officials and station managers attributed the crisis to reduced depot supply and panic buying by consumers. They warned that unless supply normalizes soon, the situation in Chattogram could deteriorate further, disrupting transportation and goods movement.

The Power Development Board (PDB) has announced that electricity supply will remain suspended for eight consecutive hours across large parts of Sylhet city on Saturday, April 18, due to urgent repair and development works. The outage will last from 9 a.m. to 5 p.m., according to a notice signed by Abdur Razzak, Executive Engineer of the Sales and Distribution Division-2 of the Sylhet PDB.

The suspension will affect areas under the 11 kV feeder, including Chalibandar, Kastoghar, Sobhanighat, Bishwaroad, Zailroad, Bandar Bazar, Amjad Ali Road, Kalighat, Chararpar, Machimpur, Mahajanpotti, Hawkers Market, Laldighirpar, Dakbangla Road, Burhan Uddin Mazar area, Shaplabag, Kushighat, Mendibag, Mirapara, Noagaon, Sadatikor, Mirerchak, Muktirchak, Muradpur, Tultikor, and Pirerchak.

The PDB stated that power supply will be restored as soon as the maintenance work is completed and apologized to consumers for the temporary inconvenience, requesting public cooperation during the repair period.

Agriculture, Fisheries and Livestock Minister Mohammad Aminur Rashid stated that empowering farmers is essential to reducing poverty and strengthening the national economy. He made the remarks on Friday morning at a program in Bibirbazar High School and College field in Jagannathpur Union of Cumilla’s Adarsha Sadar upazila, where agricultural cards were distributed to local farmers. The minister emphasized that around 70 percent of the population is directly or indirectly involved in agriculture, and improving their economic condition would benefit the entire country.

He added that former presidents and the current prime minister have all supported farmer-friendly policies. Since taking office, he has implemented initiatives such as strengthening agricultural loan waivers and introducing the “Agriculture Card” program, part of the government’s 31-point election pledge. He also urged farmers to use fertilizers and pesticides in consultation with agricultural supervisors to ensure better yields.

According to the Agriculture Department, 1,458 farmers in Cumilla received agricultural cards under a pre-piloting initiative aimed at building a unified farmer database to facilitate subsidies and services. The government is also expanding support programs like the “Family Card,” which has already benefited many farming families.

Bus and minibus operations under the Kushtia District Bus-Minibus Owners’ Group have been suspended indefinitely following a strike by transport workers. The suspension began early Friday, April 17, 2026, halting all passenger services on major routes including Kushtia-Meherpur, Kushtia-Pragpur, Kushtia-Khulna-Jashore, and others. Only long-distance buses to Dhaka and vehicles from other districts continue to operate, leaving passengers on local routes stranded. The strike was announced Thursday evening by the district motor workers’ union.

Union president Mahabul Alam said the dispute arose because one of the union’s two buses, affiliated with the owners’ group, was denied the same facilities as other owners’ vehicles. After two meetings failed to resolve the issue, workers set an April 15 deadline for their demands, which went unmet. The union, supported by the owners’ association workers, then enforced the indefinite suspension.

Owners’ group secretary Rafiqul Islam confirmed that workers had demanded equal benefits with owners and permission for a union-owned bus to operate on the Kushtia-Khulna route. As these demands were not met, the strike was launched, affecting all local routes.