Imtiaz Ahmad Masum has been promoted to the position of Executive Director at Bangladesh Bank. The central bank confirmed the promotion on March 4, 2026. Before this appointment, he served as a Director at the institution. Masum began his career at Bangladesh Bank in 1999 as an Assistant Director and has since held various key roles across multiple departments.

Throughout his career, Masum worked in the Vigilance Sub-Division, Foreign Exchange Inspection and Vigilance Department, Financial Integrity and Customer Services Department, Accounts and Budgeting Department, and Sustainable Finance Department. He also served as a Director for the Investment and Finance Facility–II project and the Bangladesh Financial Intelligence Unit. His most recent posting was as Director of the Barishal office of Bangladesh Bank.

Masum holds honors and master’s degrees in Accounting from the University of Dhaka and a professional master’s in Banking and Finance from the Asian Institute of Technology in Thailand. He has participated in international training programs in several countries and received the Bangladesh Bank AML Risking Award (Best Category) in 2021.

The United States has initiated a new trade investigation targeting several major partners, including Bangladesh and India. The move follows a Supreme Court decision last month that struck down a key part of President Donald Trump’s tariff policy. US Trade Representative Jamison Greer said the probe, launched under Section 301, aims to assess unfair trade practices and could lead to new tariffs on countries such as China, the European Union, Japan, South Korea, and Mexico by mid-summer.

The investigation also covers Vietnam, Thailand, Malaysia, Cambodia, Singapore, Indonesia, Switzerland, and Norway, but excludes Canada, the US’s second-largest trading partner. The Supreme Court recently ruled that Trump’s previous global tariffs, imposed last April, were illegal because the president exceeded his authority under the International Emergency Economic Powers Act. The court reaffirmed that only Congress can authorize such extraordinary powers.

Following the ruling, Trump reimposed a 10 percent global tariff and threatened to raise it to 15 percent. The new investigation gives his administration leverage to pressure trade partners ahead of upcoming talks with China in Paris and a possible Trump–Xi meeting in Beijing later this month.

The World Travel and Tourism Council (WTTC) reported on Wednesday that the Middle East’s travel and tourism sector is losing at least $600 million per day due to the ongoing war involving Iran, the United States, and Israel. The council attributed the losses to disrupted air travel, declining tourist confidence, and broken regional connectivity, which have sharply reduced demand across the region.

According to the WTTC statement, the Middle East accounts for 5 percent of global tourism and 14 percent of international transit traffic. Major airports such as Dubai, Abu Dhabi, Doha, and Bahrain typically handle around 526,000 passengers daily, but have faced nearly two weeks of paralysis and disorder. This disruption has also affected global air travel, driving up ticket prices on many routes.

The council noted that the region had projected $207 billion in revenue from international tourists in 2026. It warned that any interruption in travel flows can quickly and severely impact the tourism ecosystem.

International crude oil prices have risen again, with Brent crude climbing 9.3 percent to reach $100.50 per barrel on Thursday. The increase occurred despite announcements from the United States, the United Kingdom, and several other countries to release record amounts of emergency reserves. West Texas Intermediate (WTI) crude also rose 8.8 percent to $94.92 per barrel.

The surge in prices has been linked to renewed Iranian attacks on energy supply systems and infrastructure in the Middle East. The instability has disrupted market confidence and contributed to sharp fluctuations in oil prices. Earlier in the week, oil briefly exceeded $110 per barrel before experiencing significant volatility.

The situation underscores ongoing geopolitical tensions in the Persian Gulf and the Strait of Hormuz, where multiple ships have reportedly been attacked, further heightening concerns about global energy security.

The Bangladesh Meteorological Department has forecast thunderstorms and rain across eight divisions, including Dhaka, over the coming days. The forecast, issued on March 11, 2026, also warned that Rajshahi, Jessore, and Sylhet regions may experience temporary gusty or squally winds along with rain. River ports in these areas have been advised to hoist cautionary signal number one.

According to the department, a trough of low pressure lies over West Bengal and adjoining areas, while the seasonal low remains over the South Bay of Bengal. Under its influence, scattered rain or thunderstorms accompanied by gusty winds are likely to occur in Rangpur, Rajshahi, Dhaka, Mymensingh, Khulna, Barishal, Chattogram, and Sylhet divisions.

The forecast also indicated that daytime temperatures across the country may drop by one to two degrees Celsius, while nighttime temperatures are expected to remain nearly unchanged.

A global oil shortage triggered by aggression in Iran by Israel and the United States has disrupted fuel supply in Bangladesh, raising concerns over launch operations at Dhaka’s Sadarghat terminal. Launch owners reported receiving only 50,000 to 60,000 liters of fuel daily against a demand of 250,000 to 300,000 liters, forcing a reduction in long-distance services. The Bangladesh Inland Water Transport Owners Association said it has sought government intervention to maintain normal operations.

Fuel suppliers under the Bangladesh River Fuel Trade Association said Meghna Petroleum and Jamuna Petroleum depots in Fatullah were providing 60–70 percent less fuel than required. The shortage has already reduced launch trips to southern regions. Meghna Petroleum officials confirmed limited supply due to government restrictions on agent-based distribution.

The Ministry of Shipping acknowledged the crisis and said high-level discussions are underway to restore supply. Ahead of Eid, authorities plan to strengthen Sadarghat’s security with 60 CCTV cameras and introduce new launch routes from Bosila and Kanchan-Shimuliaghat to ease passenger pressure.

A severe mosquito infestation has spread across Dhaka, with residents reporting unbearable bites in homes, streets, and open spaces. The surge has raised fears of dengue, chikungunya, and other mosquito-borne diseases. Citizens allege that despite the worsening situation, Dhaka’s two city corporations have failed to take visible and effective action. They argue that regular fogging and sanitation could have prevented the crisis, while city officials claim that multiple control measures are already underway.

According to the report, three mosquito species—Culex, Aedes, and Anopheles—are prevalent in the capital. The dry season’s rising temperatures have accelerated Culex breeding, while stagnant and polluted water in drains and ponds has worsened the problem. Areas such as Badda, Rampura, Malibagh, Shahbagh, and Uttara are among the hardest hit. Residents describe using coils, aerosols, and nets without relief, blaming poor drainage and waste management for the infestation.

Dhaka South City Corporation has launched a month-long cleanliness and “crash program” to control mosquitoes, while Dhaka North officials emphasize public awareness and continuous monitoring as essential for sustainable control.

Bangladesh Petroleum Corporation (BPC) officials said there is little chance of a major diesel shortage in Bangladesh despite global concerns over fuel supply disruptions caused by conflict in the Middle East. The country regularly imports diesel from multiple sources, including India, which recently began pumping a 5,000-ton shipment under an existing agreement. The small consignment drew disproportionate attention in Bangladeshi and Indian media, though India’s share of Bangladesh’s total diesel imports remains below 14 percent.

According to BPC data, Bangladesh’s annual diesel demand is around 4.4 million tons, with daily consumption averaging 12,000 tons. About 63 percent of the country’s total fuel use is diesel, mainly for agriculture, transport, and inland shipping. To maintain supply stability, Bangladesh imports through international tenders from Singapore, Malaysia, China, the UAE, and Saudi Arabia, among others. The Maitree pipeline from India’s Numaligarh refinery to Parbatipur was completed in 2022 to facilitate cross-border supply.

BPC officials said new tenders have been invited to diversify import sources further, including from Brunei, Saudi Arabia, and possibly the United States, ensuring continued supply security despite regional tensions.

Indian airlines are facing a new operational crisis as several Middle Eastern countries have partially or fully closed their airspace due to ongoing regional conflict. The closures have disrupted international routes, particularly flights to Europe and North America, which were already rerouted after Pakistan shut its airspace to Indian carriers last year.

According to aviation data, Air India and IndiGo, India’s largest international carriers, were unable to operate about 64 percent of their scheduled flights to the Middle East, Europe, and North America over the past ten days. HSBC reported that the geopolitical tension in the Middle East is expected to raise operating costs and reduce profitability for Indian airlines, estimating that a seven-day suspension in affected regions could cut annual profits by around 1.2 percent.

IndiGo continues to face difficulties despite resuming some routes, as it relies on six Boeing aircraft leased from North Atlantic Airways, registered in Norway and subject to EU safety directives. European authorities have advised avoiding the airspace of Iran, Iraq, Israel, Kuwait, Lebanon, Qatar, the UAE, and Saudi Arabia, further complicating IndiGo’s operations.

Chinese Ambassador to Bangladesh Yao Wen met with Environment, Forest and Climate Change Minister Abdul Awal Mintoo in Dhaka, where both sides discussed strengthening cooperation on environmental protection, forest management, and climate change mitigation. The meeting, held at the Forest Department in Agargaon, emphasized green development, technology exchange, pollution control, and eco-friendly infrastructure.

Minister Mintoo outlined Bangladesh’s initiatives to combat air, water, and noise pollution and sought continued Chinese support for climate-resilient development. He also highlighted government programs such as family and farmer cards, interest-free loans, tree plantation, canal excavation, and women’s empowerment. The minister announced a target to plant 250 million trees over five years, starting nationwide in May following a detailed plan to be finalized in April.

Ambassador Yao reaffirmed China’s commitment to supporting Bangladesh’s environmental and sustainable development goals and expressed interest in joint projects, including tackling air pollution in Dhaka. Officials also discussed waste-to-energy initiatives under the Aminbazar Landfill modernization project, with both sides seeing potential for deeper technological cooperation.

A mobile court in Matlab North upazila of Chandpur district detained 14 fishermen during an operation on the Meghna River on Wednesday, March 11, 2026. The raid was part of the government’s 2026 jatka protection and sanctuary enforcement campaign. Authorities seized a large quantity of illegal fishing nets, including a behundi net, a pressure net, and about 20,000 meters of current net, which were later burned. Four fishing boats and four anchors were also confiscated and placed under police custody.

Each of the detained fishermen received a seven-day jail sentence from Assistant Commissioner (Land) and Executive Magistrate Rahmat Ullah. The convicts are residents of Matlab North, Lakshmipur’s Kamalnagar, and Chandpur Sadar areas. The operation was conducted in the presence of district and upazila fisheries officials and the Mohanpur River Police.

Officials stated that regular river patrols and awareness programs are ongoing to enforce the jatka conservation program. They emphasized that fishing during the government-declared ban period is strictly prohibited and that similar drives will continue to protect future hilsa production.

The International Energy Agency (IEA) has approved the release of 400 million barrels of oil from emergency reserves to address supply shortages caused by the effective closure of the Strait of Hormuz. IEA Executive Director Fatih Birol announced that all 32 member countries unanimously voted to release what he described as the largest amount of emergency oil ever authorized by the agency.

Birol stated that the oil market is facing unprecedented challenges, and he welcomed the collective emergency action taken by member nations. According to the IEA, each member country will release its share of reserves within an appropriate timeframe based on national circumstances.

The agency noted that this marks the sixth coordinated release in its history, following similar actions in 1991, 2005, 2011, and twice in 2022. IEA members currently hold over 1.02 billion barrels of emergency reserves, with an additional 600 million barrels held by industry under government obligations.

The Bangladesh Meteorological Department has forecast that rain or thunderstorms may continue across various parts of the country for the next five days. In its Wednesday evening bulletin, the agency reported that an extension of a low-pressure area lies over West Bengal and adjoining regions, while the seasonal low remains over the South Bay of Bengal. As a result, temporary gusty or stormy winds with rain or thundershowers are likely in several divisions including Rangpur, Rajshahi, Dhaka, Mymensingh, Khulna, Barishal, Chattogram, and Sylhet.

Meteorologists noted that this period marks the seasonal onset of nor'wester storms, and while brief rain and gusty winds are expected, continuous rainfall is unlikely. Day temperatures may drop by one to two degrees Celsius, while night temperatures are expected to remain nearly unchanged. The forecast indicates that the trend of rain or thunderstorms may persist through the extended five-day outlook.

The department also mentioned that some regions may experience temporary heat and humidity between spells of rain, but severe heat conditions are not anticipated.

Both the Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) will remain closed from March 17 to March 23, 2026, in observance of Shab-e-Qadr and Eid-ul-Fitr. The exchanges confirmed that no trading or official activities will take place during this seven-day holiday period.

According to the exchanges, the government has declared March 18 as an additional public holiday by executive order, extending the closure period. After the Eid and Ramadan holidays, both exchanges will resume normal operations on March 24. Regular office hours will be from 9:00 a.m. to 5:00 p.m., with trading scheduled from 10:00 a.m. to 2:20 p.m., followed by a post-closing session until 2:30 p.m.

The extended closure is part of the national holiday schedule, and trading activities are expected to return to normal immediately after the break.

Bangladesh has formally requested additional fuel supplies from India to address an energy shortage caused by instability in the Middle East. The country currently receives 15,000 tons of diesel per month under an existing agreement. Power, Energy and Mineral Resources Minister Nasrul Hamid announced that a letter has been sent to the Indian government seeking extra fuel as part of emergency measures.

Indian High Commissioner to Bangladesh Pranay Kumar Verma confirmed receipt of the letter and said it would be forwarded to the Indian government for consideration. He noted that India and Bangladesh maintain strong cooperation in the power and energy sectors, supported by cross-border electricity transmission lines and the operational Maitree pipeline.

The Maitree pipeline, stretching about 131 kilometers from India’s Siliguri Marketing Terminal to Parbatipur Depot in Dinajpur, is a key channel for diesel transport to Bangladesh. Under the current arrangement, it delivers around 15,000 tons of diesel monthly, but Bangladesh has now requested additional volumes to meet rising demand.