Rice prices will drop soon with no shortage in the market: commerce advisor
Rice prices will drop soon with no shortage in the market: commerce advisor

Commerce Advisor Sk Bashir Uddin reassured the public that there is no shortage of rice in the market. He emphasized that both the countrys rice reserves and local production are more than adequate, particularly with the Aman season in full swing. There is no logical reason for the current high...

Vietnam to end  tax exemption on low-cost imports starting February
Vietnam to end tax exemption on low-cost imports starting February

Vietnam will end its tax exemption on low-value imported goods, starting February 18, in a move that aims to regulate e-commerce and boost local consumption. This change, outlined in Decision 01 by Deputy Prime Minister Ho Duc Phoc, impacts goods valued below VND 1 million (approximately $39.3),...

Direct shipments from Pakistan boost imports by 21%
Direct shipments from Pakistan boost imports by 21%

Direct shipping between Pakistan and Bangladesh commenced on November 11, 2024, with the Panama-flagged ship Yuan Jiang Fa Zhong arriving at Chittagong port with goods for the first time. Previously, goods from Pakistan passed through several ports before reaching Bangladesh. Now, with direct...

Government plans to drill 100 gas wells to alleviate crisis
Government plans to drill 100 gas wells to alleviate crisis

The government of Bangladesh has unveiled an ambitious plan to tackle the ongoing gas shortage and reduce its reliance on costly LNG imports by drilling 100 new and existing gas wells between 2025 and 2028. The move aims to enhance domestic gas production and ensure a steady supply to industries,...