Thinking Aloud: Volume XIII, Issue 6: November 1, 2026

This November issue explores three challenges facing Bangladesh’s economy: weak private investment, the rising cost of ensuring energy security, and higher agricultural production costs. The articles examine how policy uncertainty, dependence on imported energy, and rising fuel prices are affecting businesses, industries, and farmers. Here’s what’s inside:

“Why Is Bangladesh’s Private Sector Still Waiting?” by Selim Raihan

The article examines why private investment in Bangladesh remains weak despite years of incentives and reform commitments. It highlights persistent barriers, including unreliable energy, expensive finance, regulatory uncertainty, weak banking governance, and an unpredictable business environment. These constraints have become more pressing amid high inflation, subdued demand, and political uncertainty. The article argues that further incentives or lower interest rates alone will not restore investor confidence. Instead, Bangladesh needs predictable policies, reliable infrastructure, fairer taxation, stronger institutions, and effective contract enforcement. Ultimately, the priority must be productive investment over politically connected interests, with reforms translating into tangible improvements for businesses.

“The Economic Feasibility of LNG Expansion in Bangladesh” by Md. Tuhin Ahmed

The article examines whether expanding LNG import infrastructure is the most viable way to address Bangladesh’s growing gas shortage. It argues that the main challenge is not a lack of regasification capacity, but the high cost and uncertain availability of imported LNG. Further expansion could increase pressure on foreign exchange reserves, public finances, and energy subsidies while deepening dependence on volatile international markets. The article highlights renewable energy, domestic gas exploration, and improved energy efficiency as more cost-effective alternatives. It recommends suspending plans for new LNG terminals until an independent assessment of demand and costs is conducted, while prioritising investment in renewables and domestic energy resources to strengthen long-term energy security.

“The Cost of Rising Oil Prices for Bangladesh’s Farmers” by Sudeepto Roy

The article examines how rising oil prices are increasing agricultural production costs, particularly through diesel-dependent irrigation and mechanised farming. Farmers face higher input costs but often see little improvement in the prices they receive for their crops. Small and marginal farmers are especially vulnerable due to limited bargaining power and access to finance. The article recommends targeted assistance and reliable fuel supplies in the short term, alongside long-term investment in solar-powered irrigation, agricultural storage, transportation, and affordable seasonal credit to reduce dependence on fuel.

Across investment, energy, and agriculture, this issue of Thinking Aloud highlights the importance of lasting reforms rather than short-term fixes. Predictable policies, affordable energy, and support for farmers are essential to strengthening businesses and protecting livelihoods. Together, these priorities point towards a more resilient and competitive economy. Dive into the insights!