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Tags : MPO


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BB extends FE loan tenure for capital machinery imports

The Bangladesh Bank has extended the tenure for foreign exchange loans under buyers and suppliers credit for importing capital machinery, allowing industrial entrepreneurs to secure loans for three years instead of one...

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Bangladesh’s share in US market rises

Bangladesh’s share in the United States’ denim trouser imports has steadily grown by 6.6 percentage points over the past seven years, increasing from 14.1 per cent in 2017 to 20.7 per cent as of September 2024 although the overall imports of the item by the US declined in the period...

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British Council organises UK education symposium

The British Council recently hosted the Gateway to UK Education 2024 Symposium, bringing together 78 representatives from schools, education agents, counsellors, and UK universities...

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Army to renovate three stadiums

The advisers’ council on economic affairs in a meeting on Wednesday approved a proposal from the ministry of youth and sports seeking increase of ceiling on sanctioning fund under the operating budget...

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BTTC suggests waiving import duty on onions

The Bangladesh Trade and Tariff Commission has recommended the National Revenue Board to withdraw the existing 5 per cent customs duty on import of onions to reduce the price of the essential commodity on the local market...

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LC opening rises in Sept

The opening of letters of credit for imports rose in September, but it dropped slightly in the July-September period in the financial year 2024-25 compared with that in the same period in the previous year...

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BTTC suggests waiving import duty on rice

In response to a sharp fall in rice production caused by recent floods, the Bangladesh Trade and Tariff Commission has recommended removing the current import duty on rice to stabilise supply and prices on the local market...

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Chinese export growth slows sharply in Sept

China’s export growth slowed sharply in September while imports remained sluggish, data showed Monday, as authorities wait for recent stimulus measures to perk up weak domestic demand...

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MJF holds event on women’s empowerment

Manusher Jonno Foundation held an event titled Women’s Empowerment: Women’s Voice and Leadership Bangladesh Project was organised at the Radisson Blu Water Garden Hotel in the capital, said a press release on Wednesday...

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NBR halves RD on sugar import

The National Board of Revenue has reduced the regulatory duty on import of refined and raw sugar with the aim of stabilising the sugar price on the local market.

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Walton to attend Canton Fair in China

Electronics manufacturer brand Walton will attend the ‘China Import and Export Fair’, commonly known as Canton Fair for the fourth time...

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WHO approves first mpox diagnostic test

The UN health agency said on Friday that it had approved the use of the first diagnostic test for mpox, a key tool in countries battling outbreaks...

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NBR blocks share transfer by 7 groups

The National Board of Revenue on Wednesday asked the office of the Registrar of Joint Stock Companies and Firms to immediately suspend sales and transfers of shares by seven business groups...

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National strategy to curb food losses could minimise import

THE losses incurred by a growing waste of food — before, during and after the harvest of agricultural produces — stand to threaten food security. A government study, Estimation of Overall Food Losses and Waste at all Levels of the Food Chain that the horticulture department of the Bangladesh Agricultural University conducted and made public in...

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Govt should mend loopholes in energy import for rental power

RENTAL power plants, set up as an emergency measure under an indemnity law to resolve power shortage soon after the Awami League had assumed office in 2009 that ended in a permanent arrangement to drain the state exchequer by channelling public money into private pockets through capacity charge payment, have not only been a great burden to the economy...

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Power producers make wicked profits

Bangladesh spent 20 per cent extra in the overall import of furnace oil for power generation during the tenure of the immediate past Awami League government thanks to the...