Mohammad Suman

Filling stations across the country, including in Dhaka and Chattogram, were overcrowded on the weekend as panic buying continued amid fears of supply disruptions due to the war in the Middle East.

Authorities have shut five of the country’s six urea fertiliser factories as a precaution amid fears of gas supply disruptions caused by the widening war in the Middle East and Iran’s closure of the Hormuz Strait, a key global energy route.

The National Board of Revenue (NBR) has ordered income tax officials to use import data directly when calculating tax liabilities, a move aimed at curbing evasion and easing the refund burden on businesses.

4 BCIC managed plants and Kafco halt production

While a prolonged conflict in the Middle East could disrupt fuel flows, Bangladesh’s energy supply remains stable for now, with officials saying imports and distribution are continuing without interruption.

Stricter banking rules following the political changeover limit major importers, opening opportunities for smaller firms to expand quickly

With Ramadan at the doorstep, price movements in the essential commodities market present a mixed picture. Analysis of import data and market visits suggests that while overall import volumes of major Ramadan essentials are higher than last year, temporary logistical constraints have influenced price trends in certain wholesale hubs.

Bangladesh has agreed to eliminate customs duties, supplementary duties, and regulatory duties on approximately 4,500 products from the United States as part of the newly signed reciprocal trade agreement, marking one of the most significant tariff reduction measures in recent years.