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Bangladesh’s Minister of Power and Energy, Iqbal Hasan Mahmud Tuku, stated that ensuring uninterrupted electricity supply during the upcoming Ramadan and summer season is one of the government’s biggest challenges. He made the remarks on Wednesday during a briefing held at his office in the Secretariat on his first day in the position.

The minister emphasized that preventing corruption and maintaining discipline in the power sector are also key priorities for the government. His comments highlight the administration’s focus on improving reliability in electricity distribution during periods of high demand, particularly for religious and seasonal needs.

The government has also issued directives to ensure continuous electricity during sahri, iftar, and tarawih prayers, reflecting its commitment to stable power supply during Ramadan.

18 Feb 26 1NOJOR.COM

Bangladesh minister cites uninterrupted power during Ramadan and summer as key government challenge

Newly appointed Finance Minister Amir Khasru Mahmud Chowdhury has declared that Bangladesh’s economy must become democratic and inclusive, rejecting the continuation of a patronage-based system. Speaking to journalists at the Ministry of Finance on his first day in office on Wednesday, he emphasized that the country’s economy should serve all citizens, ensuring transparency, accountability, and reactivation of state institutions.

He noted that many state institutions are currently in poor condition and must first be recovered. Chowdhury stressed the need to bring professionalism, transparency, and efficiency into these institutions, warning that without such reforms, even large-scale programs would fail to deliver results. He also called for serious deregulation and liberalization, arguing that Bangladesh has become over-regulated due to long-standing patronage politics.

The minister said his goal is to create a level playing field where every citizen has equal opportunity to participate in and benefit from the economy, marking a shift toward a more open and accountable economic system.

18 Feb 26 1NOJOR.COM

Finance Minister pledges to end patronage economy and push for deregulation in Bangladesh

State Minister for Agriculture, Fisheries and Livestock, and Food Sultan Salahuddin Tuku announced that work on the promised farmer card program will begin soon. He made the statement on Wednesday afternoon at the Secretariat during the first working day of the new government, speaking to journalists about his ministry’s upcoming plans.

Tuku said he would hold meetings with officials from the three ministries under his responsibility to plan and initiate future activities. He also sought cooperation from members of the press in carrying out the ministry’s work. The announcement marks one of the first policy steps under the new administration.

The farmer card initiative was mentioned as a commitment, and the minister’s remarks indicate the government’s intention to move forward with its implementation in coordination with relevant departments.

18 Feb 26 1NOJOR.COM

State Minister Tuku to launch farmer card program under new government

India’s trade deficit rose to a three-month high of 34.68 billion dollars in January, according to data released by the country’s commerce ministry. The increase was driven by a 12 percent rise in imports to 71.24 billion dollars, largely due to higher gold and silver imports, while exports fell 5 percent to 36.56 billion dollars. Economists had expected the deficit to be around 26 billion dollars based on the previous month’s figure of 25.04 billion dollars.

The widening deficit comes as India prepares to send a delegation to Washington next week to finalize a trade deal aimed at reducing U.S. tariffs on Indian goods. The Trump administration had imposed a 50 percent tariff on Indian exports, which officials say will drop to 18 percent this week. President Donald Trump earlier confirmed the reduction, bringing relief to exporters and policymakers.

Commerce Secretary Rajesh Agarwal told Reuters that the delegation’s visit is intended to conclude the trade agreement. Trump also stated that India has pledged to cut oil imports from Russia and increase purchases of U.S. goods more than twofold.

18 Feb 26 1NOJOR.COM

India’s trade deficit climbs to 34.68 billion dollars ahead of U.S. tariff reduction talks

Farmers in Pakundia upazila of Kishoreganj are increasingly turning to sunflower cultivation due to its low production cost and promising profitability. Supported by the local agriculture department, around 10 bighas of land in areas such as Bara Ajaldi and Chandipasha have been brought under sunflower farming this year. The bright yellow fields have also become a local attraction, drawing visitors and nature enthusiasts.

According to the upazila agriculture office, sunflower farming is both easy and economically rewarding. It holds importance for oil production and has gained popularity for its aesthetic appeal. Farmers are receiving incentives and continuous guidance from agricultural officials, helping them achieve good yields. Local markets are offering favorable prices for sunflower seeds, increasing farmers’ confidence in the crop.

Officials noted that limited availability of oil extraction machines remains a challenge, slightly reducing farmers’ interest. They believe that ensuring adequate supply of such equipment could further expand sunflower cultivation in the region.

18 Feb 26 1NOJOR.COM

Pakundia farmers embrace sunflower farming for low cost and high profit

Bangladesh Bank’s latest banking update report reveals a sharp rise in loan defaults, particularly among large borrowers. As of June last year, 48.2 percent of loans exceeding Tk 50 crore were classified as defaulted, compared to 17.1 percent during the same period in 2024. The report indicates that loan classification ratios have increased significantly across all lending categories between the 2023–24 and 2024–25 fiscal years, signaling mounting pressure on the banking sector’s loan portfolio.

The analysis shows that default rates stood at 16 percent for loans up to Tk 1 crore, 26.1 percent for loans between Tk 1 crore and Tk 10 crore, and 45.7 percent for loans between Tk 10 crore and Tk 20 crore. Sector-wise, business and trade loans had the highest default rate at 44.7 percent, followed by industrial loans at 35.9 percent and construction loans at 27 percent. The overall national default rate rose from 34.6 percent in June to 35.73 percent in September.

Bankers noted that the actual scale of defaults is now more accurately reflected, as previous underreporting during the former Awami League government has ceased. They warned that the default rate may continue to rise in the coming months.

18 Feb 26 1NOJOR.COM

Bangladesh Bank reports 48% default rate on loans above Tk 50 crore

Prices of key consumer goods have increased in markets across Bangladesh ahead of the upcoming Ramadan, with the highest jumps seen in dates, green chilies, bananas, cucumbers, and lemons. The Consumer Association of Bangladesh (CAB) attributed the rise to reduced government monitoring and recent disruptions in product transportation, which created supply shortages. CAB’s senior vice president S.M. Nazrul Hossain said controlling the market is a major challenge for the new government, as unscrupulous traders often exploit the season.

Traders, however, blamed international price hikes and instability at Chattogram port for the increase, particularly in dates. Field visits to major Dhaka markets found Zahidi dates selling at Tk 280 per kg, up from Tk 180 last year, while green chilies rose by Tk 40 per kg. Imported fruits such as apples, oranges, and grapes also became costlier by Tk 20–60 per kg. Despite higher imports of fresh dates this fiscal year, prices remain elevated.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) said the country has sufficient stocks of edible oil, sugar, onions, and lentils, urging authorities to curb extortion in supply chains and consumers to avoid panic buying to maintain market stability.

18 Feb 26 1NOJOR.COM

Prices of key goods rise before Ramadan amid weak monitoring and supply disruptions

On the first day of the Trading Corporation of Bangladesh’s (TCB) discounted product sales for Ramadan, long queues and chaotic scenes were observed across multiple points in Dhaka. Crowds gathered behind TCB’s mobile trucks, with reports of pushing, shoving, and even scuffles as people tried to buy goods. Many customers left empty-handed after waiting for hours. The sales began at 11 a.m. on Tuesday and will continue until March 12, excluding Fridays and public holidays.

Witnesses at Topkhana Road, Suritola School, the Secretariat area, and Karwan Bazar reported disorderly lines and alleged favoritism in distribution. Several buyers complained that influential individuals and associates of local leaders were purchasing multiple packages, while ordinary citizens struggled to obtain any. A newspaper vendor described the process as lacking proper regulation and urged government action to restore order.

According to TCB, each truck serves 400 buyers daily, offering a package of five essential items—edible oil, lentils, sugar, chickpeas, and dates—for 590 taka. The program operates through 450 mobile trucks nationwide, including 50 in Dhaka and 20 in Chattogram.

18 Feb 26 1NOJOR.COM

Crowds and disorder mark first day of TCB’s discounted Ramadan sales in Dhaka

French-inspired artisan bakery and café brand La Delicia has launched a new outlet in Dhaka’s Aftabnagar. The opening ceremony took place on Tuesday with the participation of the company’s Chief Executive Director Mannujan Nargis, representatives from the marketing and sales departments, invited guests, loyal customers, and media personnel.

According to Mannujan Nargis, customers in the Aftabnagar area had long requested a local outlet, prompting the company to open this new branch to strengthen its connection with the community. The outlet will offer La Delicia’s signature products, including classic and customized cakes, fresh pastries, handcrafted donuts, artisan cookies, premium desserts, and a variety of savory items.

To mark the opening, the Aftabnagar outlet is offering a 10 percent savings promotion on February 17 and 18. Customers can shop directly at the outlet or place online orders through the brand’s website and Facebook page for home delivery of cakes and other baked goods.

18 Feb 26 1NOJOR.COM

La Delicia opens new artisan bakery and café outlet in Dhaka’s Aftabnagar

Mongla Port, Bangladesh’s second-largest seaport, has achieved record container handling in the first seven months of the 2025–26 fiscal year. Between July 2025 and January 2026, the port handled 21,651 TEUs of containers through 31 foreign container ships, marking a 79.19% increase compared to the entire previous fiscal year. During the same period, 515 foreign commercial vessels arrived, 6,404 reconditioned cars were imported, and cargo handling reached 8.266 million metric tons, up 25.03% from the same period last year.

According to Deputy Director Md. Makruzzaman, the port authority congratulated the newly elected BNP-led alliance government formed after the 13th national election. He expressed optimism that under the new administration, ship arrivals and trade through Mongla Port would continue to grow, strengthening the national economy.

To improve operational capacity, three new anchor berths—HP-1, HP-2, and HP-3—have been declared operational at Hiron Point. Sixteen commercial ships with a 9.00-meter draft have already completed trial operations there, allowing vessels up to 200 meters in length to conduct cargo operations at these berths.

17 Feb 26 1NOJOR.COM

Mongla Port records 79% rise in container handling in first seven months of FY2025–26

In Chandpur’s Faridganj municipality, grocery shop owner Shah Alam from Madhya Charkumira village has decided to sell eight essential food items at their purchase price during the holy month of Ramadan. The items include chickpeas, khesari lentils, gram flour, puffed rice, flattened rice, sugar, dates, and soybean oil. He has displayed a price list in his shop, and customers have been buying with satisfaction. Shah Alam previously sold these items with only one taka profit but has now continued his cost-price initiative for the second consecutive year.

Local residents have praised Shah Alam’s generosity, noting that while many traders across Bangladesh raise prices during Ramadan, he has chosen to support fasting and low-income families. The initiative has drawn commendation from the National Consumer Rights Protection Directorate’s Chandpur office, whose assistant director Abdullah Al Imran said other traders could learn from this example.

Shah Alam explained that he usually keeps his profit margins low throughout the year to attract more customers and that his Ramadan initiative aims to ease the burden on poor and working-class people affected by price hikes.

17 Feb 26 1NOJOR.COM

Faridganj grocer sells Ramadan essentials at cost price, earning praise from locals and officials

Bangladesh’s Commerce Adviser Sheikh Bashir Uddin announced that the Trading Corporation of Bangladesh (TCB) has saved nearly Tk 1,000 crore in the current fiscal year due to improved transparency and accountability. Speaking at the inauguration of TCB’s Ramadan truck sale program in Dhaka on Tuesday, he said that if this trend continues, the government may no longer need to provide subsidies to TCB within the next four to five years. He also mentioned plans to add essential items such as soap and tea to TCB’s product list to further benefit consumers.

The Ramadan truck sale program will run from February 17 to March 12, excluding Fridays and holidays, offering affordable goods to low-income citizens. Each truck will serve about 400 people daily, reaching around 3.5 million beneficiaries nationwide with 23,000 tons of products. Items include edible oil, sugar, lentils, chickpeas, and dates at prices below market rates. The program will operate 450 mobile trucks across the country, with separate provisions for family cardholders.

If the savings trend continues, TCB’s operations could become self-sustaining, reducing the government’s fiscal burden in the coming years.

17 Feb 26 1NOJOR.COM

TCB saves Tk 1,000 crore; subsidies may end within five years

Female tea workers in Sylhet continue to face deprivation and hardship despite their crucial role in Bangladesh’s tea industry. According to a report from Nabiganj, these women work long hours plucking tea leaves but earn only Tk 75 a day, far below their demand for Tk 250–300. Many live in poverty, lacking access to education, healthcare, housing, clean water, and sanitation. Their daily meals are meager, and they often struggle to feed their families.

The report highlights that tea workers’ wages have increased only marginally over the years—from Tk 32 in 2007 to Tk 75 at present. Elderly workers receive limited annual food aid worth Tk 5,000 from the Ministry of Social Welfare, achieved after repeated protests. Workers like Onika Rani, who has labored in the Bhaban Tea Garden since age 15, describe severe financial strain and limited educational opportunities for their children.

Bhaban Tea Garden manager Binoy Chandra Barma acknowledged the lack of schools, hospitals, and safe water but said the authorities plan to build such facilities. Despite these assurances, the workers’ living conditions remain dire.

17 Feb 26 1NOJOR.COM

Sylhet’s female tea workers still struggle for fair pay and basic rights despite years of labor

Bangladesh’s financial sector is showing signs of recovery from a prolonged crisis as the Bangladesh Nationalist Party (BNP) forms a new government after winning two-thirds of parliamentary seats. The interim administration led by Dr. Muhammad Yunus, which took charge in August 2024, is credited with restoring stability through reforms that curbed irregularities, corruption, and capital flight. Economists note that the sector’s stabilization, rather than investment growth, was the interim government’s key achievement.

According to data cited in the report, foreign exchange reserves rose from 20 billion to over 34 billion US dollars, while inflation fell from 11.6% to 8.58%. The banking sector saw consolidation, including the merger of five weak Shariah-based banks into a new entity, and stricter loan recovery measures improved transparency. The trade balance turned from a 6.6 billion dollar deficit to a 3.29 billion dollar surplus, supported by higher remittances and export growth.

Experts warn that the incoming BNP government faces challenges including weak revenue collection, rising domestic and foreign debt, and the upcoming graduation from LDC status, which may test the sustainability of recent economic stabilization.

17 Feb 26 1NOJOR.COM

Bangladesh’s financial sector stabilizes as BNP prepares to take office

Agriculture and Home Adviser Lieutenant General (Retd.) Md. Jahangir Alam Chowdhury stated that Bangladesh’s agriculture sector is now in a stable condition due to the combined efforts of all stakeholders. He made the remarks on Monday at a farewell reception organized by departments and agencies under the Ministry of Agriculture at the Bangladesh Agricultural Research Council auditorium in Dhaka.

The adviser highlighted that during his one and a half years in charge of the ministry, several initiatives were taken to ensure food security and make the sector sustainable and farmer-friendly. He said the fertilizer crisis had been resolved, flood damages in several regions were managed, and the sector was now performing better than before. Fertilizer stocks were at a strong level, and agricultural product prices remained within a tolerable range.

In his farewell speech, he urged proper distribution of agricultural incentives, careful selection of beneficiaries, and strict monitoring of fertilizer sales at government-fixed prices. He also thanked all officials and agencies under the ministry for their cooperation.

17 Feb 26 1NOJOR.COM

Bangladesh adviser credits joint efforts for improved stability in agriculture sector


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