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Bangladesh’s Minister of Power, Energy and Mineral Resources, Iqbal Hasan Mahmud, has called on citizens to use electricity and fuel sparingly. Speaking at a press conference at his office in the Secretariat on Wednesday, he said the current energy supply is expected to last through March. Although some shortages may occur, he assured that the situation will not become unbearable and that the government is taking multiple measures to manage it.
The minister explained that the government aims to conserve energy through rationing and has increased border surveillance to prevent fuel smuggling, particularly diesel. He emphasized that there will be no load-shedding for iftar and sehri times during Ramadan. Mahmud also mentioned that global crises could affect Bangladesh but maintained that the current situation remains under control.
He urged citizens to cooperate by avoiding unnecessary lighting, especially in shopping malls, and noted that directives may soon be issued to restrict decorative lighting during the ongoing energy strain.
Minister urges energy conservation as Bangladesh manages limited fuel supply
Bangladesh Home Minister Salahuddin Ahmed has confirmed that a full investigation is underway into the killing of Sharif Osman bin Hadi, spokesperson of Inquilab Moncho. He said a new investigation process began after the current administration took office, and details will be disclosed once the inquiry is completed. The minister made the remarks on Wednesday while speaking to journalists at the Dhaka Metropolitan Police headquarters on Minto Road during a meeting with senior police officials.
During the same event, the minister also discussed efforts to address Dhaka’s traffic congestion, noting that the challenges posed by battery-powered rickshaws would be resolved gradually. Inspector General of Police Md Ali Hossain Fakir and Acting DMP Commissioner Md Sarwar, among others, attended the meeting.
The ongoing investigation and the minister’s comments indicate the government’s intent to pursue the case thoroughly while simultaneously focusing on urban management issues in the capital.
Home Minister confirms full investigation into Sharif Osman bin Hadi murder case
A police constable named Sahmul Haque Shanto, aged 23, was seriously injured after being stabbed by a mugger in Tongi, Gazipur, on Wednesday night. Shanto, who serves with the Lalbagh Police Station under Dhaka Metropolitan Police, was attacked around 11 p.m. near the Hossain Market area on the Dhaka–Mymensingh Highway. The assailant, identified as Al Amin alias Roni, 26, was captured by an angry crowd and handed over to police after being beaten.
According to police, Shanto and his colleague Kawsar Islam had come to Tongi for a visit earlier in the evening. When they reached the Nippon Garments area, a group of muggers suddenly attacked them. During the confrontation, Al Amin stabbed Shanto in the neck with a sharp knife, leaving him critically injured. Locals rescued the wounded officer and took him to Dhaka Medical College Hospital, while the injured suspect was sent to Tongi Government Hospital.
Tongi West Police Station’s officer-in-charge said legal proceedings are underway regarding the incident.
Police constable stabbed by mugger in Tongi, suspect captured by locals
Bangladesh has consolidated its position as the second-largest apparel supplier to the European Union, achieving a 21.57 percent market share in 2025. According to Eurostat data, the country’s exports to the EU rose from 14,295 million euros in 2021 to 19,414.55 million euros in 2025, marking a 36 percent increase. Despite global demand slowdown, Bangladesh outperformed key competitors such as China, India, and Turkey in growth rate. China retained the top position with a 29.54 percent share, while Turkey and India held 9.27 and 5.03 percent respectively.
Industry leaders attributed Bangladesh’s progress to sustained efforts, competitive pricing, and stable supply chains. They noted that European buyers’ confidence remained strong even amid global economic pressure. The Export Promotion Bureau confirmed that the EU remains Bangladesh’s largest export destination, accounting for the majority of its apparel shipments.
Analysts from the Centre for Policy Dialogue said that advances in sustainable production and eco-friendly factories have strengthened Bangladesh’s position in Europe. They emphasized the need for product diversification and a potential free trade agreement with the EU to maintain tariff-free access after the country’s graduation from LDC status.
Bangladesh cements EU apparel market position with 36% export growth in five years
The global economy faces renewed instability after fresh airstrikes by the United States and Israel in Iran triggered retaliatory attacks across the Middle East. The situation has disrupted earlier optimism that followed a brief pause in regional conflict, raising fears of prolonged tensions that could affect oil and gas production. Analysts warn that the conflict may not end quickly, and any disruption in energy supply could push inflation higher and slow global growth.
Experts note that Iran remains determined to retaliate despite attacks on its territory, and potential strikes on major producers such as Qatar and Saudi Arabia could severely impact global markets. Former IMF chief economist Kenneth Rogoff cautioned that the world is entering a highly uncertain period, drawing parallels to historical conflicts that escalated unexpectedly. About 30 percent of global oil and 17 percent of natural gas come from the Middle East, with a fifth of oil shipments passing through the Strait of Hormuz.
Energy price volatility has already surfaced, with oil prices jumping over 10 percent in a single day. Economists warn that extended disruptions could raise production costs, threaten food security in vulnerable regions, and push Europe and East Asia—heavily dependent on imported energy—into deeper economic strain.
Fresh Middle East conflict renews global economic uncertainty and energy supply fears
Bangladesh Petroleum Corporation (BPC) has confirmed that the country currently holds adequate fuel reserves and there is no justification for raising prices due to the ongoing war situation. At a press conference held on Tuesday at the BPC headquarters in Karwan Bazar, Chairman Md. Rezanur Rahman stated that Bangladesh has a total of 136,000 metric tons of fuel oil in stock. He added that alternative markets are being considered in light of the global conflict, but the existing reserves are sufficient to prevent any immediate price increase.
To ensure uninterrupted supply, BPC has completed letters of credit for seven ships as of Monday. The current stock is expected to last 14 days for diesel, 28 days for octane, 15 days for petrol, 93 days for furnace oil, and 55 days for jet fuel. Earlier, Prime Minister Tarique Rahman held meetings with key ministers and officials to review preparedness and instructed all relevant ministries to remain active in ensuring energy security.
Energy Minister Iqbal Hasan Mahmud and Foreign Affairs Adviser Humayun Kabir both expressed confidence that the government’s coordinated efforts would maintain stability in the energy sector despite global uncertainties.
BPC assures sufficient fuel reserves and no price hike despite global war concerns
Police in Chattogram have arrested Md. Babu Sheikh, 50, identified as the main suspect in the killing of seven-year-old Jannatul Naima Ira. The second-grade student went missing on Monday after leaving home to visit her grandfather’s house in Sitakunda’s Kumira area. According to police, the suspect lured Ira with chocolate and took her to the top of Chandranath Hill, where she was brutally assaulted and her throat slit. Despite severe injuries, Ira managed to walk out of the forest before collapsing. She was taken to Chattogram Medical College Hospital but died early Tuesday.
Police Superintendent Mohammad Nazir Ahmed Khan said the attack stemmed from a family dispute. Investigators recovered chocolate, a bloodstained shirt, and the knife used in the assault. A video showing the suspect walking with Ira led to his arrest. Doctors confirmed Ira’s condition was critical from the start, and samples were collected for further tests to confirm the nature of the assault.
The incident has left the local community in shock, with residents demanding exemplary punishment for the perpetrator.
Police arrest main suspect in killing of seven-year-old Ira in Chattogram
Bangladesh Bank has eased regulations for renewing ongoing loans to assist businesses facing current economic challenges. In a circular issued on Tuesday, the central bank instructed that banks must begin the renewal process at least two months before the expiry of any existing loan. If renewal cannot be completed within the stipulated time due to reasons beyond control, the loan may still be renewed until it is classified as defaulted, provided that the delay is properly documented.
The circular further stated that any portion exceeding the approved loan limit must be adjusted before renewal. It also prohibited showing the excess portion as a new loan or transferring it to another account to avoid proper classification. The new policy will remain effective until December 31, 2027, replacing a previous circular issued in June 2025.
The directive was issued under Section 45 of the Bank Company Act, 1991, and took immediate effect, signaling regulatory flexibility aimed at maintaining financial stability and supporting business continuity.
Bangladesh Bank eases loan renewal rules to aid businesses amid economic strain
Bangladesh Bank Governor Mostakur Rahman has confirmed that the ongoing process to merge five banks will continue. He instructed officials to take all possible measures to recover defaulted loans and to reopen closed businesses within regulatory frameworks. The directives were issued during a meeting with the Bank Resolution Department at the central bank’s headquarters on Tuesday. Mostakur Rahman took office as governor last Thursday, following the removal of Ahsan H. Mansur, who had initiated several banking reforms after the fall of the Awami League government.
According to Bangladesh Bank officials, the merger of Union Bank, First Security Islami Bank, Global Islami Bank, Social Islami Bank, and EXIM Bank into a new entity named Combined Islami Bank will proceed. Administrators appointed by the central bank are currently managing these institutions. The new bank’s paid-up capital has been set at Tk 350 billion, with Tk 200 billion from the government and Tk 150 billion from the deposit insurance fund. The authorized capital is Tk 400 billion, and the headquarters is located at Senakalyan Bhaban in Dhaka.
The governor also directed administrators to ensure depositors can withdraw funds without harassment and to identify those involved in financial irregularities for legal action.
Bangladesh Bank to continue five-bank merger and intensify recovery of defaulted loans
The government has announced a 25 percent fare discount for students, persons with disabilities, and citizens aged over 65 on all types of rail services, including the metro rail. The decision was revealed on Tuesday, March 3, by Road Transport, Bridges, Railways, and Shipping Minister Sheikh Robiul Alam during a press briefing at the Secretariat. He noted that the implementation of this benefit would take some time.
According to the minister, special options will be added to online ticketing systems to facilitate the discount. Passengers aged over 65 will need to show their national ID cards, while students and persons with disabilities must present valid identification during ticket purchase or travel. Disability cards issued by the Ministry of Social Welfare will be accepted. The minister added that the inclusion of freedom fighters under this scheme had not yet been discussed.
Sheikh Robiul Alam also discussed ongoing efforts to improve railway services, including accelerating current projects and introducing new ones to enhance efficiency and passenger comfort. He said preparations were underway to manage increased passenger demand during the upcoming Eid-ul-Fitr holiday.
Bangladesh to offer 25% rail fare discount for students, elderly, and disabled passengers
Prime Minister Tareq Rahman has directed relevant ministries and authorities to take immediate action whenever there are reports of rising coarse rice prices in the domestic market. The order was issued on Tuesday, according to Additional Press Secretary Atikur Rahman Rumman, who said the Prime Minister acted after learning that the price of coarse rice, a staple for low-income people, had increased in retail markets. The directive reportedly had a prompt positive effect on the market.
In addition, the Prime Minister instructed that all congratulatory advertisements and banners featuring him on billboards across the capital be removed quickly. He also issued orders to strengthen regular patrols in coastal and Bay of Bengal areas to curb piracy, robbery, and illegal trafficking, and to protect marine resources while ensuring the safety of fishermen.
These directives reflect the government’s focus on market stability, public order, and maritime security, with an emphasis on rapid administrative response to emerging issues.
Prime Minister orders swift action on rice prices and removal of congratulatory billboards
The National Board of Revenue (NBR) has requested various chambers and associations to submit their written budget proposals to the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) by March 15. The initiative aims to assist in preparing the national budget for the 2026–27 fiscal year. Additionally, a soft copy of each proposal should be sent via email to nbrbudget2026@gmail.com. Organizations or offices that are not members of any chamber or association may also send their proposals directly through the same email address.
According to an NBR press release issued on Tuesday, the board prepares revenue policies to support the government’s revenue collection goals. To ensure a participatory, people-oriented, and equitable budget, NBR has consistently sought input from taxpayers, business associations, professional bodies, research institutions, and intellectuals. For the upcoming fiscal year, the board intends to make the revenue collection process more analytical and representative through discussions with stakeholders.
NBR expressed hope that with the cooperation of all concerned, a participatory, business-friendly, and revenue-optimizing budget for 2026–27 can be formulated.
NBR seeks budget proposals from chambers and associations by March 15 for 2026–27 fiscal year
A violent clash broke out on Monday night between supporters of Chhatra Dal and Islami Chhatra Shibir at the Latif Hostel of Tejgaon Polytechnic Institute in Dhaka. The confrontation, reportedly triggered by a dispute over dominance, left at least nine students injured. The injured, aged between 20 and 23, were taken to Dhaka Medical College Hospital for treatment.
According to hospital police sources, several of the injured arrived at the emergency department early in the morning and received primary medical care. Witnesses and related sources said the incident stemmed from longstanding tension between the two groups within the hostel. Authorities intervened to bring the situation under control.
Dhaka University Central Students' Union (DUCSU) Vice President Sadik Kayem reportedly visited the hospital to check on the injured students.
Nine students injured in Chhatra Dal–Shibir clash at Tejgaon Polytechnic hostel
A Dhaka court has sentenced three people to death and eight others to life imprisonment for the murder of expatriate Shyamal Bepari in Munshiganj Sadar upazila. The verdict was delivered on Tuesday morning by Judge Shyam Sundar of Dhaka Speedy Trial Tribunal No. 3. Each convict was also fined 25,000 taka, with an additional six months of rigorous imprisonment in case of non-payment. Among the death row convicts are Shahadat Bepari, Ibrahim Bepari, and Jahangir Bepari, while four of the convicted individuals remain absconding.
According to the case, on June 14, 2023, Shyamal Bepari was shot and hacked to death inside his home following a longstanding dispute. His brother filed the murder case with Munshiganj police. After investigation, police submitted a charge sheet against 11 accused in February 2024. The court framed charges in July 2025, and after hearing testimonies from 27 witnesses, the verdict was announced.
The prosecution expressed satisfaction with the ruling, as did the victim’s family members who attended the court. They urged for swift execution of the judgment.
Dhaka court sentences three to death, eight to life for Munshiganj expatriate murder
A mobile court in Jaldhaka upazila of Nilphamari sentenced a man named Mrinal Adhikari, aged 25, to three months in jail for selling counterfeit medicines under the name of a reputed pharmaceutical company. The arrest took place on the night of March 3, 2026, when he attempted to sell fake drugs labeled as products of Square Company at Messrs Anindya Pharmacy in Jaldhaka town.
The pharmacy owner, Mahbubur Rahman Moni, informed Square Company’s medical promotional officer, Taslim Alam Khan, who examined the products and confirmed they were counterfeit. Following this confirmation, the matter was reported to higher authorities, and the Upazila Nirbahi Officer and Executive Magistrate, Jayid Imrul Mozakkkin, conducted a mobile court on-site and handed down the sentence.
The incident has caused a stir in the area, with local residents urging the administration to continue such drives against counterfeit medicines to protect public health and ensure accountability in the pharmaceutical market.
Man jailed three months for selling counterfeit medicines in Jaldhaka, Nilphamari
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