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Bangladesh Bank has provided Tk 2,721 crore in short-term liquidity support to the newly formed Sammilit Islami Bank, created through the merger of five struggling Islamic banks. The three-month loan was issued after deposit withdrawals surged during merger discussions, forcing the central bank to inject funds. The merged institutions include First Security Islami Bank, Social Islami Bank, EXIM Bank, Union Bank, and Global Islami Bank.

According to official data, EXIM Bank received the largest share of Tk 1,564 crore, followed by Social Islami Bank with Tk 482 crore, First Security Islami Bank with Tk 416 crore, Union Bank with Tk 161 crore, and Global Islami Bank with Tk 98 crore. The merged bank has an authorized capital of Tk 40,000 crore and paid-up capital of Tk 35,000 crore, with the government contributing Tk 20,000 crore. Around 7.8 million depositors are being compensated through an insurance fund totaling Tk 12,000 crore.

Bangladesh Bank Governor Md. Mostakur Rahman recently directed administrators to recover embezzled funds by April through foreign legal assistance. As of December, the merged banks held Tk 196,827 crore in total loans, with 84.23 percent classified as non-performing.

05 Apr 26 1NOJOR.COM

Bangladesh Bank injects Tk 2,721 crore into merged Islamic bank to ease liquidity strain

Bangladesh’s apparel exports to the United States declined by 8.53 percent in January and February 2026 compared with the same period in 2025, according to data from the US Office of Textiles and Apparel (OTEXA). Both the average unit price and export volume dropped, by 2.47 percent and 6.21 percent respectively, leading to an overall contraction in export earnings.

Analysts attribute the decline to a broader downturn in US apparel imports, which fell 13.47 percent due to high inflation and interest rates reducing consumer purchasing power. While Bangladesh’s exports shrank, Vietnam and Cambodia recorded growth of 2.86 percent and 18.43 percent respectively, intensifying competition in the US market. Industry observers noted that these countries benefited from faster production capacity expansion, product diversification, and favorable labor and trade policies.

Despite the challenges, China’s apparel exports to the US plunged 57.65 percent during the same period, creating potential opportunities for Bangladesh. Exporters and the BGMEA emphasized the need to enhance competitiveness through cost control, efficiency, infrastructure improvement, and policy support to sustain market share and capitalize on emerging prospects.

05 Apr 26 1NOJOR.COM

Bangladesh’s apparel exports to the US drop 9% as global demand weakens

Authorities in Patuakhali’s Mohipur area have distributed 27,000 liters of additional diesel to local fishermen to support their livelihoods and ensure fishing operations in the Bay of Bengal before an upcoming government ban. The distribution took place on Saturday, April 4, through two filling stations at the Mohipur–Alipur fish port. The supply was managed by acting Upazila Nirbahi Officer Yasin Sadek, with fuel provided by Jamuna and Meghna Petroleum companies.

Under this special arrangement, around 70 small, medium, and large trawlers received 400, 600, and 1,000 liters of diesel respectively, based on their needs. The initiative comes ahead of a 58-day government fishing ban starting April 15. While the supply brought relief to fishermen and trawler owners, many said it was still insufficient compared to their actual requirements, as large trawlers typically need 700–800 liters for a 15–16 day trip.

Local leaders and fishing association representatives welcomed the move, calling it a commendable step to support the marine economy and fishermen’s livelihoods. Officials also indicated that additional fuel could be provided if necessary.

05 Apr 26 1NOJOR.COM

Patuakhali distributes 27,000 liters of diesel to fishermen before 58-day fishing ban

Farmers in India’s Punjab state are expressing deep concern over a looming fertilizer shortage that could threaten crop yields. The disruption stems from the Iran–US conflict that began after a joint American–Israeli strike on Iran on February 28, leading Tehran to close the Strait of Hormuz. The closure has disrupted global energy supplies, creating a gas shortage that has forced India to cut gas supply to fertilizer plants by 30 percent.

Agriculture experts warn that the conflict is already straining India’s fertilizer supply chain, particularly for urea, a nitrogen-based fertilizer central to the country’s farming. Although most urea is domestically produced, its production depends on imported natural gas. Farmers in Punjab, Haryana, and other key grain-producing states fear that shortages during the upcoming kharif season could reduce yields of rice and cotton. The government insists that fertilizer plants are operating normally and that buffer stocks are higher than last year.

Despite official assurances, anxiety persists among small farmers already burdened by debt and losses. Observers note that prolonged supply disruptions could mirror Sri Lanka’s past fertilizer crisis, which severely affected its agriculture sector.

05 Apr 26 1NOJOR.COM

India faces fertilizer shortage fears as Iran–US conflict disrupts gas supply

Bangladesh has established its first Private Sector Advisory Council, comprising nine leading industrialists from the country’s top private enterprises. The Bangladesh Investment Development Authority (BIDA) announced the formation on Saturday, stating that Prime Minister Tarique Rahman created the council to enhance structured engagement between the government and business leaders. The council includes chairpersons and managing directors from major groups such as ACI, Apex Footwear, Runner, Pran-RFL, Bay, Incepta, DBL, Rangs, and Pacific Jeans.

The council’s inaugural meeting was held at the Prime Minister’s Office on Saturday morning, chaired by the Prime Minister. Senior ministers and officials, including the finance, energy, and commerce ministers, as well as the BIDA chairman, attended. Members welcomed the initiative, praising the government’s openness to collaboration with the private sector to foster a more business-friendly environment.

According to BIDA’s executive chairman, the council represents a key reform aimed at creating a structured mechanism for private sector input at the highest level of government decision-making.

05 Apr 26 1NOJOR.COM

Bangladesh forms first nine-member council to link private sector with top government policy

Bangladesh’s Minister of Power, Energy and Mineral Resources, Iqbal Hasan Mahmud, has called on business leaders across the country to cooperate in implementing government decisions aimed at conserving electricity during the summer and irrigation season. He made the appeal on Saturday afternoon during a meeting with representatives of business organizations held at the Bijoy Hall of the Power Building in Dhaka.

The minister stated that the decision will initially be in effect for three months, with the possibility of adjustment before Eid-ul-Azha following discussions with business stakeholders. Business leaders assured their compliance with the government’s directives and presented several recommendations and demands. The minister requested temporary cooperation and promised to discuss their proposals further.

He added that government institutions have already taken various initiatives under cabinet decisions to ensure uninterrupted power supply and energy conservation during the peak summer and irrigation period. The meeting was also attended by the State Minister for Textiles and Jute, Md. Shariful Alam, and the State Minister for Power, Energy and Mineral Resources, Anindya Islam Amit.

05 Apr 26 1NOJOR.COM

Energy minister seeks business support for power-saving plan during summer irrigation season

The government of Bangladesh has approved the import of 500,000 tons of refined diesel from Kazakhstan and two cargoes of liquefied natural gas (LNG) from Singapore to meet urgent energy demands arising from the Middle East conflict. The approval was granted on Saturday, April 4, during an online meeting of the Cabinet Committee on Government Purchase chaired by Finance Minister Amir Khosru Mahmud Chowdhury. The information was confirmed by Siraj Uddoula Khan, Public Relations Officer of the Ministry of Finance.

The meeting reviewed three proposals for importing 1.6 million tons of diesel and 100,000 tons of petrol. Among these, the committee approved the direct purchase of high-speed diesel from Kazakhstan’s Kazakh Gas Processing Plant LLP and LNG from Aramco Trading Singapore Pte Ltd. Other proposals, including imports from UAE-based DBS Trading House FZCO and Oman-based Maxwell International SPC, were withdrawn by the Energy Division after receiving approval from the Cabinet Committee on Economic Affairs.

The decision reflects the government’s effort to secure energy supplies through direct procurement to address immediate fuel shortages caused by regional instability.

05 Apr 26 1NOJOR.COM

Bangladesh approves diesel and LNG imports to meet urgent energy demand

Finance Minister Amir Khasru Mahmud Chowdhury said that business leaders have demanded an uninterrupted energy supply and government support for renewable energy initiatives. He made the remarks on Saturday, April 4, after the first meeting of the Private Sector Development Advisory Council held at the Prime Minister’s Office in Dhaka, chaired by Prime Minister Tarique Rahman.

According to the minister, the ongoing war in Iran has created an energy crisis that is putting pressure on Bangladesh’s economy. Business representatives also called for the introduction of e-visas for foreign travelers to facilitate easier entry for investors. They emphasized lowering bank interest rates, reforming the National Board of Revenue, and expanding the tax base instead of burdening specific business groups.

The minister added that entrepreneurs urged simplification of licensing procedures to encourage medium-sized exporters and called for the launch of a deep-sea port to accelerate trade and import-export activities.

04 Apr 26 1NOJOR.COM

Business leaders seek steady energy supply and reforms amid economic pressure

The first meeting of the Private Sector Development Advisory Council was held in Dhaka under the chairmanship of Prime Minister Tarique Rahman. During the three-and-a-half-hour discussion, business leaders demanded assurance of uninterrupted energy supply to sustain industrial operations and investment growth. Finance Minister Amir Khosru Mahmud Chowdhury briefed reporters after the meeting, noting that the session aimed to strengthen the investment climate and address existing industrial challenges.

According to the finance minister, business representatives also sought government support for renewable energy initiatives, introduction of e-visas for foreign investors, lower bank interest rates, and reforms in the National Board of Revenue to expand the tax base without burdening specific sectors. They further called for easier licensing for medium entrepreneurs, faster trade processes, and the activation of a deep-sea port to boost exports.

Discussions also covered reopening closed factories and reviving dormant government projects. The prime minister listened to the business community’s concerns, and notes were taken for follow-up action to resolve pending issues through continued dialogue.

04 Apr 26 1NOJOR.COM

Business leaders seek uninterrupted energy supply and policy reforms in meeting with Prime Minister

A delegation from the Asian Infrastructure Investment Bank (AIIB) met with Prime Minister Tarique Rahman on Saturday at the Prime Minister’s Office in Tejgaon, Dhaka. The meeting was confirmed by Deputy Press Secretary Zahidul Islam Roni. Discussions focused on how the government and AIIB would collaborate on future initiatives.

Finance Minister Amir Khasru Mahmud Chowdhury stated that the talks covered cooperation on resolving the country’s energy crisis and advancing development investments. He added that the AIIB agreed to provide budgetary support to help Bangladesh address current economic pressures related to development and energy challenges. The meeting also included discussions on potential collaboration for infrastructure improvement.

The assurance of budget support from AIIB is expected to strengthen Bangladesh’s fiscal capacity and facilitate progress in key infrastructure and energy sectors, according to the discussions reported from the meeting.

04 Apr 26 1NOJOR.COM

AIIB pledges budget support after meeting with Prime Minister Tarique Rahman in Dhaka

An oil tanker named 'Shan Gang Fa Jian' carrying more than 34,000 tons of diesel from Malaysia has arrived at the outer anchorage of Chattogram Port. The vessel anchored off Kutubdia coast on Saturday morning and is scheduled to unload its cargo at the Dolphin Jetty on Sunday, according to Bangladesh Petroleum Corporation (BPC) public relations officer Farzin Hasan Moumita.

Nazrul Islam, managing partner of the vessel’s local agent Pride Shipping Lines, said that about five to six thousand tons of diesel will be unloaded offshore through lightering using at least two smaller tankers in two phases. Another tanker from Singapore carrying 27,300 tons of diesel began unloading at Dolphin Jetty on Friday and is expected to leave the port on Sunday.

Chattogram Port Authority Secretary Syed Refayet Hamim stated that oil and gas vessels are being given priority berthing to address the ongoing fuel shortage. BPC sources added that new import initiatives from various countries are underway to maintain stable fuel supply.

04 Apr 26 1NOJOR.COM

Tanker from Malaysia brings 34,000 tons of diesel to Chattogram amid fuel shortage

Researchers at Gazipur Agricultural University have developed a new high-yielding, short-duration, slender Aus rice variety named GAU Dhan-4. After nearly a decade of research and field trials, the variety received official approval at the 115th meeting of the National Seed Board on February 5, 2026. The university announced the development in a press statement on Saturday, noting that the innovation aims to boost farmers’ income and strengthen national food security.

The research team, led by Professors M. Moynul Haque and Mosiul Islam from the Department of Agronomy, created the variety by crossing the traditional Aus rice Parija with the high-yielding fine-grain BU Dhan-2. GAU Dhan-4 matures within 90 to 100 days, allowing farmers to cultivate up to four crops annually. It yields 5 to 5.5 tons per hectare under favorable conditions, requires less water, and shows resistance to diseases. The grain contains about 24.58% amylose and 8.38% protein, making it nutritious and easily digestible.

University Vice-Chancellor GKM Mostafizur Rahman praised the innovation as a reflection of researchers’ dedication and said it would significantly contribute to increasing agricultural productivity in Bangladesh.

04 Apr 26 1NOJOR.COM

GAU Dhan-4 rice developed in Gazipur promises higher yield and shorter cultivation time

The Bangladesh government has taken a major initiative to modernize and expand the fleet of Biman Bangladesh Airlines. The process of purchasing 14 new Boeing aircraft is in its final stage, with policy approval already granted and only the signing of the agreement remaining. Due to the long delivery timeline, the government is also planning to lease Airbus aircraft as an interim solution.

According to the State Minister for Civil Aviation and Tourism, the proposed Boeing deal, worth about 3.7 billion dollars, may include Dreamliner models such as the Boeing 787 and Boeing 737 MAX for regional routes. Delivery of these aircraft could take up to five years, prompting the government to consider dry leasing Airbus planes for the next five years. Discussions with the European manufacturer are ongoing.

Currently, Biman operates around 14 aircraft on international routes, though at least 30 to 35 are needed to meet demand. The government has also initiated reforms to address operational inefficiencies and staff shortages, aiming to transform Biman into an internationally competitive airline.

04 Apr 26 1NOJOR.COM

Bangladesh to buy 14 Boeing planes and lease Airbus jets to boost Biman’s capacity

Starting Sunday, trading hours on Bangladesh’s stock exchanges will end at 1:55 PM, according to a notice issued by the Dhaka Stock Exchange (DSE) on Saturday. A five-minute closing session will follow, ending all trading activities by 2:00 PM. Previously, trading continued until 2:30 PM, while the opening time will remain unchanged at 10:00 AM. The new schedule will take effect on April 5 and remain in place until further notice.

The DSE also announced that its office hours will run from 9:00 AM to 4:00 PM in line with government directives. The government recently reduced working hours for both public and private offices by one hour to conserve fuel and electricity, a measure that will also take effect from Sunday.

The adjustment means that daily trading time will be shortened by 30 minutes compared to the previous schedule, aligning the stock market’s operations with the nationwide energy-saving initiative.

04 Apr 26 1NOJOR.COM

Bangladesh stock trading to end at 1:55 PM from Sunday under new DSE schedule

A Tk 50 crore BSCIC industrial estate in Sreemangal, Moulvibazar, remains abandoned years after its completion. The project, built on 20 acres in Uttarsur area, began in 2012 and was completed in 2019, but no factories have started operations. Due to neglect and lack of maintenance, the site has turned into dense jungle, with key installations and equipment stolen.

The estate includes 122 plots, an administrative building, pump house, residential quarters, dumping yard, and pond. However, promised utility connections for electricity, gas, and water are mostly nonfunctional. Local sources report theft of gas substation parts, transformers, and metal fixtures, leaving the infrastructure unusable. Entrepreneurs cite high plot prices, poor services, and bureaucratic hurdles as reasons for their reluctance to invest.

BSCIC officials say new plots are being allocated under conditions requiring factories to be established within two years, and inactive plot holders have been notified. The local administration has informed higher authorities and initiated limited restoration work.

04 Apr 26 1NOJOR.COM

Tk 50 crore Sreemangal industrial estate abandoned and overgrown after years of neglect


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