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1030 metric tonnes of rice imported from India in one week
A total of 1030 metric tonnes of rice were imported from India through Benapole port in one week till Wednesday. According to the Benapole land port and customs house, 33 rice-laden trucks entered the land port from November 18 to 27, reports UNB. Deputy assistant officer of Benapole...
43 companies approved to import 19 crore eggs
The government has granted permission to 43 companies to import an additional 19 crore 30 lakh eggs to control the prices. The Ministry of Commerce issued a letter to the Office of the Chief Controller of Imports and Exports on Monday, instructing them to take necessary measures regarding this...
Decline in LC opening and settlement
In the latest quarterly report, Bangladesh Bank (BB) has revealed a decline in the opening and settlement of letters of credit (LCs) during the first quarter of the current financial year, spanning July to September. The report indicates that the total number of LCs opened fell by approximately 7...
NBR lifts duties on rice import
The National Board of Revenue (NBR) has lifted all import and regulatory duties on rice to ensure food security and control prices for the common people, reports BSS. To this end, the revenue authority issued a Statutory Regulatory Order (SRO) on Thursday. Earlier, the Directorate of Food...
Govt to procure soybean oil, sugar, chickpeas
The state-run Trading Corporation of Bangladesh (TCB) will procure some 32.60 lakh liters of soybean oil, 10,000 Metric Tons (MTs) of chickpeas and 5,000 MTs of sugar to meet the growing demand of the country ahead of the Holy Month of Ramadan, reports BSS. The approval came from the 10th...
Onion prices rise by Tk10-12
Onion prices have surged again despite normal imports from India at the Hili land port in Dinajpur, rising by Tk10-12 per kilogram in just three days, reports Dhaka Tribune. This increase is attributed to decreased local supply and heightened demand for imported onions. Wholesalers and...
Drug smugglers thrive at Benapole as scanners remain dysfunctional
Drug-peddling rackets have become increasingly active at the countrys largest land port in Benapole, taking advantage of three non-functional scanning machines due to the indifference of the authorities concerned, reports UNB. The recovery of Phensedyl bottles and other drugs has recently...
Bangladesh expects to see export growth despite global trade shifts
Bangladesh expects substantial export growth although the Global trade dynamics have undergone significant shifts in recent years, reports UNB. A document of the Ministry of Finance expected the growth based on the projection of the World Trade Organization (WTO). Although global trade...
Govt to import of another 4 crore eggs to stabilise market
The interim government has approved the import of 4 crore more eggs to increase supply and make the market stable, reports The Business Standard. A notification in this regard was issued by the Ministry of Commerces internal trade-1 wing on Wednesday. According to the notification, 12 traders...
380 tonnes of onions imported at Teknaf Land Port from Myanmar
Approximately 380 tonnes of onions have arrived at Teknaf Land Port in Coxs Bazar from Myanmar on October 17. Local importer Faruk Enterprise has imported 377 tonnes of onions from Yangon, as stated by Jasim Uddin Chowdhury, the general manager of United Landport Teknaf Ltd., which runs the...