The Bangladesh government has approved the procurement of four cargoes of Liquefied Natural Gas (LNG) from the international spot market to address acute energy shortages crippling the domestic power sector and manufacturing industries. The decision was formalized on Wednesday during a meeting of the Cabinet Committee on Government Purchase held at the Secretariat, chaired by […]

Bangladesh’s large-scale manufacturing sector has entered unprecedented territory as a compounding mix of severe energy shortages, escalating dollar illiquidity, soaring interest rates, and sluggish domestic demand forces factories across the country to scale back output. According to data from the Bangladesh Bank’s Major Economic Indicators: Monthly Update released for July 2026, the Index of Industrial […]