Sunday 8 February 2026
           
Sunday 8 February 2026
       
Topic: Energy
Interim spending spurs fiscal pressure for next govt
Economists are warning that a series of expenditure-heavy decisions made by the interim government of Bangladesh in the final months of its tenure could leave a significant fiscal burden for the next elected administration, expected to assume office after the 12 February national election. While the interim government succeeded in slashing development spending to curb ...more
Eastern Refinery achieves milestone amid Tk 31,000cr revamp
Eastern Refinery Limited posted its highest crude oil processing volume and financial performance in its 57-year history during the 2024-2025 financial year, company records show. The performance comes as the state-owned refinery advances a major expansion project valued at Tk 31,000 crore, approved by ECNEC in December 2025. Managing Director Engineer Sharif Hasnat assumed leadership in ...more
BAEC gets new chair
Staff Correspondent: The Ministry of Science and Technology, Government of the People's Republic of Bangladesh, has appointed Dr. M. Mainul Islam, a distinguished nuclear scientist, as the Chairman (Routine Responsibilities) of the Bangladesh Atomic Energy Commission through an office order dated February 1, 2026. Before appointing Dr. M. Mainul Islam as the Chairman of the ...more
Country faces severe gas crisis
For almost two weeks, there has been extreme chaos in the country over bottled LPG (liquefied petroleum gas). Gas is not available even for twice the price. There is also a crisis in liquefied natural gas supplied through pipelines. Most of the time, houses do not have gas. Petrobangla says, ‘Since the supply line is ...more
Bright signals hide for tough economic reality
Despite some encouraging macroeconomic signals in recent months, Bangladesh's economy continues to face significant structural challenges, particularly in exports, inflation control, and private investment. While policymakers highlight improvements in foreign exchange reserves and remittance inflows, economists warn that the underlying vulnerabilities remain unresolved, posing serious risks to sustainable growth.Data from the Export Promotion Bureau (EPB) ...more
Artificial fertilizer crisis threatens food creation
Bangladesh’s agricultural sector is facing a severe threat as the artificial fertilizer crisis deepens, raising concerns over the country’s food security and production targets. While government authorities insist that there is no shortage of fertilizer, farmers across the country are struggling to procure essential inputs at affordable prices, leaving them vulnerable during the critical Boro ...more
Govt’s appetite for bank funds  suffocate pvt investment
Bangladesh’s economy is currently facing one of its most acute investment slowdowns in recent years, as the government’s rising reliance on commercial banks to finance deficits continues to squeeze liquidity for the private sector. Economists warn that the trend-combined with inflationary pressures, weak business confidence, and vulnerabilities in the banking sector-is creating a “crowding-out effect” ...more
Putin's India Summit: Engineering multipolar mastery alongside strategic partners
Vladimir Putin's state visit to India on December 4-5, 2025, the 23rd India-Russia Annual Summit and his first since the 2022 Ukraine conflict, crystallizes 25 years of the "Special and Privileged Strategic Partnership." Bilateral trade has surged to $68.7 billion in FY2024-25, with India's $63.84 billion imports significantly outweighing $4.88 billion exports in a 13:1 imbalance, ...more
Big lenders halt fresh  pledges to Bangladesh
Bangladesh received no new loan commitments from four of its major development partners-India, China, Japan and Russia-during the first four months (July-October) of the current fiscal year, according to an updated report released on Sunday by the Economic Relations Division (ERD).This means that no new projects financed by these countries were finalized during the period. ...more
Gas crisis pushes households, industries to breaking point
Bangladesh is facing one of the worst gas crises in its recent history, as supply shortages continue to deepen across residential, industrial, transport, and fertilizer sectors. For nearly 15 years the country has been grappling with a persistent decline in gas production, but the situation has now escalated to an acute crisis. With local output ...more
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