Bangladesh faces a looming economic challenge stemming from global oil price crossing a critical threshold of US$120 per barrel amid the escalating Mideast tensions, with an extra burden on its cautiously tailored budget. Researchers at a press briefing Saturday warned that such an oil surge could
Bangladesh is increasingly exposed to global energy shocks as escalating conflict in the Middle East threatens to disrupt supply chains across Asia, S&P Global Ratings predicts and stresses fuel-sourcing diversification. In its latest report released on March 26, the agency warns that Asia-P
The Power Division has sought an additional Tk 201.36 billion in subsidies for the remaining months of FY2026 to keep newly added power plants running and ensure uninterrupted electricity supply during the upcoming irrigation and summer peak season. In a proposal sent to the Finance Divisi
Bangladesh Bank (BB) has commenced a process of re-releasing banknotes featuring the portrait of Sheikh Mujibur Rahman that had previously been sealed in vaults. The decision comes as the central bank navigates a slow rollout of new currency designs amid rising demand for cash. This is also seen a
The conflict in the Middle East (West Asia) could lower economic growth in developing Asia and the Pacific by up to 1.3 percentage points over 2026-2027 and raise inflation by 3.2 percentage points if energy market disruptions last more than a year, according to new research by the Asian Developmen
