Dates import, consumption surge sharply
Dates have always been a special item for Iftar during the Ramadan in Bangladesh. However, in recent years, the fruit has advanced beyond just a Ramadan delicacy to become a common part of daily consumption...
Tags : Import
Date prices drop with huge import
Consumers have expressed satisfaction over the declining prices of dates, following an import volume that has doubled compared to market demand ahead of Ramadan...
China keen to import Hilsa
Chinese ambassador to Bangladesh Yao Wen has expressed interest in importing 1,000 tonnes of Hilsa from Bangladesh...
Single window system streamlines export, import activities
The Bangladesh Single Window system (BSW), launched on January 2, has significantly facilitated the country鈥檚 export-import activities by reducing time and costs, according to a statement from the National Board of Revenue issued on Wednesday...
Trump鈥檚 protectionist power play
US聽PRESIDENT Donald Trump announced 25 per cent tariffs on foreign steel and aluminium imports聽on February 10, doubling down on his protectionist agenda to 鈥榖oost鈥� the US economy through import taxes, a move that could disrupt trade with key partners. Set to take effect on March 4, the tariffs will impact the 25 million tonnes of steel the US imports...
Bangladesh鈥檚 reliance on Gulf nations under threat
OVER 10 million Bangladeshi migrant workers send home an estimated $22 billion in remittances annually, making it the country鈥檚 second-largest source of foreign exchange after garment exports. More than 60 per cent of this originates from the Middle East, with Saudi Arabia, the United Arab Emirates, Qatar, and Kuwait leading the way. At the same time...
Exercise for cognitive enhancement
IN TODAY鈥橲 fast-paced, sedentary world, we are all aware of the importance of regular exercise for physical health. From heart function to muscle tone, exercise is a fundamental pillar of a strong, well-functioning body. However, fewer people recognise its crucial role in boosting brain power. Regular physical activity significantly enhances cognitive abilities...
Bangladesh imports 5,500MTs molasses from Pakistan
For the first time, Bangladesh has imported molasses from Pakistan through Mongla Port...
Managing today鈥檚 museums
MUSEUMS are establishments where representative objects of cultural and historical importance of a nation are showcased for the public. As we go deep into the genesis of the word 鈥榤useum鈥�, we learn that it is derived from the word 鈥榤use鈥� in English adopted into its vocabulary from the Greek word 鈥榤ousa鈥�, meaning 鈥榤use鈥� or 鈥榯hink deeply鈥� over...
Textile millers in Bangladesh for banning yarn import thru land ports
The country鈥檚 textile sector businesses have requested finance adviser Salehuddin Ahmed to impose a ban on yarn imports using the customs houses of all land ports in the interest of the country鈥檚 textile sector...
Beximco incurs losses amid banking crisis, factory halt
The Bangladesh Export Import Company Limited incurred a loss of Tk 243 crore in the second quarter (October-December) of the financial year 2024-25, losing Tk 2.58 per share....
Sri Lanka ends ban on vehicle imports
Sri Lanka announced the lifting of a five-year ban on vehicle imports Tuesday as the country showed further signs of emerging from its worst economic meltdown...
External trade cost high
The cost of import and export in Bangladesh is significantly higher than India, Malaysia, Vietnam and Singapore due to inefficient customs clearance and uncompetitive logistics services.
FBCCI sees big potential in importing fruits from Pakistan
Bangladeshi importers and businessmen see big opportunities and potentials in importing dates, oranges, other fruits and agricultural products from Pakistan to meet the demand throughout the year, including during the holy month of Ramadan...
Govt exploring multiple sources for rice import
Interim government鈥檚 food adviser Ali Imam Majumder said that the government was prioritising trade over politics, welcoming imports from neighbouring countries like India, Myanmar, and Pakistan due to their proximity and lower costs...
BB extends import bill payment period to 360 days
The Bangladesh Bank has extended the payment period for imported raw materials and agricultural inputs from 180 days to 360 days...
鈥楤angladesh Single Window鈥� effective within March: Lutfey
Professor Lutfey Siddiqi, Special Envoy on International Affairs to the chief adviser, on Sunday said the 鈥楤angladesh Single Window鈥� will be effective within the month of March to ease the import and export processes for businesses...
Import of 1 lakh tonnes of rice from India, Pakistan approved
The cabinet committee on government purchase at a meeting on Thursday approved two separate food ministry proposals to import total one lakh tonnes of rice from India and Pakistan...
31 luxury cars imported for ex-MPs among 100 vehicles to be auctioned
The Chattogram Customs House is set to auction nearly 100 vehicles, including 31 luxury Land Cruiser cars imported under a duty-free privilege for former members of parliament during the ousted Awami League regime...
Use of BSW made mandatory for import-export clearance聽
Import and export customs clearance in Bangladesh will require the mandatory submission of certificates, licences and permits, or CLP, through the Bangladesh Single Window or BSW system for seven government entities from February 1...
US bans imports from dozens of Chinese firms
The US Department of Homeland Security said on Tuesday that it was adding 37 entities to the Uyghur Forced Labour Prevention Act entity list, bringing its total to nearly 150...
BPC to buy diesel from India
The Bangladesh Petroleum Corporation has decided to import 1,30,000 tonnes of diesel from India鈥檚 Numaligarh Refinery Limited at an estimated cost of Tk 1,137 crore...
IMPORT PAYMENTS: BTMA wants extended credit period
The Bangladesh Textile Mills Association has demanded the government to extend the usance period for payments on import of industrial raw materials...
Forex reserve drops to $20b
Bangladesh鈥檚 gross foreign exchange reserve, calculated as per the International Monetary Fund鈥檚 guidelines, has dropped to $20 billion, following a $1.67-billion payment to the Asian Clearing Union against import bills for November and December of 2024...
IMPORTS THRU BENAPOLE PORT: Physical inspection made mandatory for 12 items
The National Board of Revenue鈥檚 Customs division in a directive made physical inspection mandatory for a dozen imported products through the Benapole Land Port...
Beximco now Tk 1,424 crore loan defaulter at Sonali Bank
Bangladesh Export Import Company Limited, commonly known as Beximco Limited, and GMG Airlines Limited, both entities of Beximco Group, have defaulted on loans amounting to Tk聽1,544 crore with Sonali Bank PLC...
LC margins for importing luxury cars reduced 50pc
The Bangladesh Bank on Thursday reduced the letter of credit (LC) margin for importing luxury cars to 50 per cent from the previous 100 per cent and removed LC margin limits for environment-friendly vehicles...
RMG makers facing banking challenges: study
The country鈥檚 apparel makers are facing significant challenges in banking processes, particularly with issues related to raw material imports and export proceeds receipts, according to a study...
US trade deficit narrows in Oct as imports fall
The US trade gap narrowed more than expected in October, government data showed Thursday, as imports slipped more than exports...
Govt asks pvt sector to import, sell 3.92 lakh tonnes of rice by Dec 22
The government has allowed the private sector to import 3.92 lakh tonnes of rice within this month, aiming to keep rice price stable on the retail market across the country, according to the food ministry...
