Govt okays import of 18.80 crore eggs
The government has given permission to import of 18.80 crore eggs through 42 designated firms for stabilising the egg market...
Tags : import
BB relaxes LC margin on imports of essentials for Ramadan
The Bangladesh Bank has relaxed LC margin on import of 11 types of essential commodities whose demand increases during the holy month of Ramadan...
Army to renovate three stadiums
The advisers鈥� 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...
BB to ask banks not to impose LC margin on essentials鈥� import until Ramadan
The Bangladesh Bank is likely to issue a circular on Sunday asking all banks not to impose LC margin on import of essential goods until at least Ramadan.
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...
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...
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...
BB eases rules for commercial import thru contracts
The Bangladesh Bank on Thursday relaxed rules for commercial imports through contracts.
Govt okays import of 4cr more eggs
The Ministry of Commerce has approved the import of 4 crore more eggs to increase supply and make the market stable.
Importers鈥� reluctance may deepen gas crisis
Only two of the 23 companies enlisted with the state-owned Petrobangla for importing gas from the spot market participated in the tender floated on October 7 for importing...
Bangladesh鈥檚 traders propose waiving duties on soybean, palm oil
Edible oil traders of Bangladesh on Tuesday proposed waiving the existing 5% import duty on soybean and palm oil and removing all value-added taxes imposed on producers and traders.
Chinese export growth slows sharply in Sept
China鈥檚 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...
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.
Walton to attend Canton Fair in China
Electronics manufacturer brand Walton will attend the 鈥楥hina Import and Export Fair鈥�, commonly known as Canton Fair for the fourth time...
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...
National strategy to curb food losses could minimise import
THE losses incurred by a growing waste of food 鈥� before, during and after the harvest of agricultural produces 鈥� 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...
Govt to import 400,000 tonnes wheat, 200,000 tonnes rice
The government on Wednesday approved separate proposals for importing 400,000 tonnes of wheat and 200,000 tonnes of rice within 15 days...
Govt nod must for raw material import, foreign drug sale: SC
The Appellate Division of the Supreme Court on Wednesday upheld a ban on importing pharmaceutical raw materials and selling foreign medicines without prior approval from the Ministry of Health and Family Welfare...
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...
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...
US to boost scrutiny on tax-free imports over China worries
The US government said Friday it will work to curb the 鈥榦veruse and abuse鈥� of a mechanism allowing lower-value imports to enter the country duty-free, as concerns grow over Chinese shipments.
Bangladesh Bank sets 100pc cash margin for import of luxury products
The Bangladesh Bank has instructed banks to keep a 100-per cent cash margin for importing 14 luxury goods including gold, cosmetics, processed food, soft drinks, and leather goods to overcome foreign exchange crisis...
NBR cuts import duties on onions, potatoes
The National Board of Revenue on Thursday reduced customs duties on import of onions, potatoes and pesticides to stabilise the supply of the essential commodities...
Export-import between Bangladesh, India via railway resumes
Export and import activities between Bangladesh and India have resumed via railway through Benapole land port on Wednesday morning, after being suspended for 47 days...
China targets dairy imports in latest barb in trade row
Beijing on Wednesday launched a probe into EU subsidies of some dairy products imported into China, the day after the bloc said it planned to impose five-year import duties of up to 36 per cent on Chinese electric vehicles...
First time garlic import through Mongla Port
A total of 58 metric tonnes of garlic was imported for the first time through Mongla Sea Port on Sunday, a press release issued by Md Makruzzaman, deputy director of communication of the Mongla Port Authority said in a press release on Monday...
US tightens steel, aluminium import rules to curb China tariff evasion
The United States unveiled stricter rules Wednesday on steel and aluminium imports from Mexico, moving to prevent China-origin goods from avoiding tariffs...
25pc tax proposal on car import by MPs likely to be dropped
The finance bill for the upcoming financial year 2024鈥�25 is likely to be passed in parliament on Saturday, with the government backtracking from the imposition of a 25 per cent duty on car imports by lawmakers...
Bangladesh keen to import hydropower from Bhutan: PM
Prime minister Sheikh Hasina on Sunday reiterated her country鈥檚 eagerness to import hydroelectricity from Bhutan through India when Bhutanese prime minister Dasho Tshering Tobgay paid a courtesy call on her in New Delhi...
Proposed budget requests MPs to pay tax for importing cars
Finance Minister Abul Hassan Mahmood Ali on Thursday requested the members of parliament to set a noble example by amending the privilege of importing duty-free cars for personal use....