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...
Tags : MPO
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...
Fellowship launched for high school dropout girls
The Kaiser and Wendy Zaman Fellowship, aimed at empowering adolescent girls who dropped out of secondary school, was launched on Tuesday under Brac鈥檚 Medhabikash programme, according to a press release on Tuesday...
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...
Govt for bringing independent Ebtedayee madrassahs under MPO facilities
Education ministry鈥檚 Technical and Madrassah Division secretary KM Kabirul Islam on Tuesday said that an initiative is being taken by the ministry to include independent Ebtedayee Madrassah under the monthly payment order system.
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...
China reports 5 cases of new mpox strain
China said on Thursday it had recorded five cases of a new mpox strain, but that the 鈥榦utbreak has been effectively handled鈥�.
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...
Journalists to get temporary passes to enter secretariat from Monday
Journalists will get temporary passes to enter the Secretariat from Monday...
Rail communications snapped for 2hrs due to workers鈥� blockade聽
Rail communications between Dhaka and the rest of Bangladesh were disrupted for about two hours on Tuesday, as temporary workers of the Bangladesh Railway demanding arrears and permanent jobs blocked the rail track in the morning in Tejgaon area in the capital Dhaka...
25 RMG factories awarded for empowering women workers
Twenty-five readymade garment factories of the country on Thursday were awarded for their contribution in empowering women workers in the factory, said a press release...
Alleging irregularities, DSE asks CCBL to halt large procurements
The Dhaka Stock Exchange has requested a temporary suspension to large-scale procurement activities by the Central Counterparty Bangladesh Limited on allegations of irregularities, a lack of transparency and a delay in operation commencement...
4 women get Begum Rokeya Padak-2024
Four women were awarded with the 鈥楤egum Rokeya Padak-2024鈥� for their outstanding contributions to society, women鈥檚 education and women鈥檚 empowerment...
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...
Rokeya鈥檚 fight for freedom
BEGUM Rokeya is remembered and celebrated for her immense contribution to the establishment of women鈥檚 rights in British India. Her satirical literary works have modified the thoughts, beliefs, customs and stories of contemporary Muslim society. She rightly pointed out the worthlessness of the tradition that the Muslim society had imposed on women...
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...
Trade deficit narrows to $6.63b in July-Oct
The country鈥檚 trade deficit narrowed slightly in the July-October period of the 2024-25 financial year compared with that in the same period of FY24...
China curbs exports of key chipmaking components to US
Beijing said Tuesday it would restrict exports to the United States of some key components in making semiconductors, after Washington announced curbs targeting China鈥檚 ability to make advanced chips...