Bangladesh’s paddy production is estimated to have declined in 2024 from the previous year, largely due to output losses caused by recurrent floods and Cyclone Remal in late July..However, aggregate paddy production in 2024 is forecast at 6.02 crore tonnes, which is well above the four-yea

Sk Bashir Uddin says bottled oils are unnecessarily pricier

The existing automatic pricing formula does not reflect global markets, the think-tank says

10.23 lakh tonnes of aromatic rice was produced in FY24, up from 5.79 lakh tonnes in FY18

Edible oil refiners have withdrawn a decision to increase prices of soybean and palm oil before Ramadan. .On January 21, the Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association wrote a letter to the commerce secretary, informing that they would not be increasing the

The Bangladesh Agro-Processors' Association submitted a memorandum to the NBR

The NBR has allowed potato imports through nine more customs stations along with four existing ones

The National Board of Revenue (NBR) has allowed the use of nine more customs stations for the import of potatoes, specifically from Nepal and Bhutan, aiming to diversify supply sources and reduce dependency on India..The nine stations include Rohonpur in Chapainawabganj, Sonahat in Kurigra

50,000 tonnes of white rice will also be purchased from Pakistan

They also urge govt not to raise gas prices

Commerce adviser says after meeting with Turkish trade minister

Bangladesh relies heavily on imports of essential food items such as edible oils, lentils, onions, sugar, and spices, which have seen a 5 percent year-on-year price increase.

The growers dumped onion on Pabna-Sujanagar road demanding a fair price

This time, the mill will be operated for 34 days

They backtracked from the decision after the government promised to address their 10-point demand

The NBR extends 5% VAT benefit until March 31 next year

Falls were limited, however, by concerns of supply disruptions in the event of more US sanctions on major suppliers Russia and Iran

The Bangladesh Trade and Tariff Commission (BTTC) has recommended that the government impose a 25 percent regulatory duty on the export of crude and refined rice bran oil to discourage shipments and increase domestic supply..The suggestion comes in response to soaring cooking oil prices in

The suggestion comes in response to soaring cooking oil prices

The interim government will procure 1.40 crore litres of edible oil from S Alam Super Oil Ltd for sale among low-income people at subsidised rates through the Trading Corporation of Bangladesh (TCB)..The advisory council on public procurement endorsed the proposal at a meeting in Banglades