Bangladesh becoming major importer of US nuts
Bangladesh is progressively becoming an important market for the US’s tree nuts, mainly almond, thanks to the country’s rising income and expanding food and beverage industry, said a report by the US Department of Agriculture (USDA).
“Consumers’ attitude towards nut consumption
23 May 2019, 18:00 PM
Rice prices hit 3-year low
Rice prices have fallen to a nearly three-year low impacted by downturn in paddy prices at the farmers’ level in the wake of good harvest as well as higher private and public stocks of the grain.
21 May 2019, 18:00 PM
COMMODITY TRADERS GRIN IN RAMADAN
Ramadan, the fasting month for Muslims, sees a spike in demand for many commodities.
19 May 2019, 18:00 PM
Inequality at all-time high
Indian Prime Minister Narendra Modi once said that growth that is not inclusive is not meaningful but just economic figures. And this proclamation seems to be gradually becoming relevant for Bangladesh.
18 May 2019, 18:00 PM
BJMC burdened with losses
The state-run jute mills appear to be a bottomless pit. Over the past decade, the government handed them Tk 7,477 crore to bail them out of their financial woes, and yet their supervising authority, Bangladesh Jute Mills Corporation, has put its hand out for more.
14 May 2019, 18:00 PM
New Vat Law: FBCCI, NBR at loggerheads
The NBR and the FBCCI are at loggerheads over the new VAT law, reminiscent of past pushbacks from the business community that have delayed its implementation by four years already.
11 May 2019, 18:00 PM
VAT waiver for pharma raw materials till 2025
The National Board of Revenue has granted VAT exemption to the imports of raw materials of active pharmaceutical ingredients (API)
6 May 2019, 18:00 PM
Golden fibre in troubled waters
Bangladesh’s jute industry is in deep trouble.
Exports of traditional jute goods have been falling in the face of competition from low-priced polypropylene and synthetic goods as well as a shrinking demand in the traditional markets abroad.
5 May 2019, 18:00 PM
Boro harvest begins amid falling rice price
Farmers have started harvesting the biggest paddy crop, boro, in various parts of the country but the declining prices of the staple have stoked concerns of losses.
24 April 2019, 18:00 PM
Growth slows to five-year low
Revenue collection growth slowed to 7 percent in the July-February period of the current fiscal year -- the lowest in five years --
13 April 2019, 18:00 PM
Receipts rise 19pc
Taxmen netted 19 percent higher wealth surcharge in fiscal 2017-18 thanks to increased compliance, according to provisional data of
8 April 2019, 18:00 PM
Edible oil import to rise: USDA
Soybean and palm oil imports are likely to increase by 10 percent to 26.50 lakh tonnes in the year ending in June, buoyed by rising
6 April 2019, 18:00 PM
Falling growth rate of rice yield worrying: IRRI chief
Rice yield is increasing but the rate of increase has slowed down in recent years in a worrying development for Bangladesh, said Matthew Morell, director general of the International Rice Research Institute (IRRI).
1 April 2019, 18:00 PM
Equipment Purchase for Fire Service: Vital project sees slow execution
Due to delays in procurement, firemen are yet to get the modern equipment they need for faster response to fires, fight blazes with efficiency, and reduce risks.
1 April 2019, 18:00 PM
Detectives in the dark
Customs detectives are yet to figure out the types of goods that were in the 22 consignments fraudsters made way with by stealing log-in credentials of revenue officials.
28 March 2019, 18:00 PM
Rice output to rise, USDA forecasts
Bangladesh’s rice production is expected to increase 7 percent year-on-year to 3.49 crore tonnes in the 12 months to April thanks to
24 March 2019, 18:00 PM
Domino's to roll out 30-minute pizza delivery
Domino's, the world's leading pizza chain, is planning to introduce 30-minute pizza delivery service in Bangladesh within the next three months, in a development that can fuel competition in the country's restaurant scene.
18 March 2019, 18:00 PM
Duty exemption doubles in 3yrs
The amount of import duty exemption extended to the industrial sector has doubled in three years, prompting calls for impact assessment of the tax break.
17 March 2019, 18:00 PM
Consumer Rights Protection Body: Laudable job with limited resources
Every month since 2016, Mamtaz Begum, a house help in Khulna city, deposited Tk 100 under a 12-year Deposit Pension Scheme (DPS) of Popular Life Insurance.
14 March 2019, 18:00 PM
New jute seed ushers in hope
Scientists have developed a high yielding, fast growing jute variety that is expected to cut import dependence for seeds of the natural
12 March 2019, 18:00 PM