Edible oil refiners said today that soybean oil price would be cut by Tk 10 a litre from March 1 to pass on the benefit of reduced duty and value-added tax to consumers

The BCI president says in meeting with home minister

Five other countries will also be allowed

In order to boost supplies and contain prices of essential goods during the month of Ramadan, the government took measures to alleviate the burden on consumers by reducing value added tax and import duties on four commodities -- edible oil, sugar, dates and rice on February 8.

NBR may consider waiving the duty on imported products as recommended by the commerce ministry ahead of the month of Ramadan

It will be difficult to significantly reduce inflation this year as further currency devaluation and rationalisation of subsidies are necessary, said Atiur Rahman, a former governor of Bangladesh Bank, yesterday.

The government has started importing lentils and rice-bran oil for distribution among lower-income people during the upcoming Ramadan.

Deal signed for 3 lakh tonnes

They include edible oil, gram, pules, onion, sugar and dates

The customers have to press another digit after dialling 333 to get the service from Jan 31

Tight supply and higher prices of wheat has driven flour prices to go up

The Bangladesh Rice Research Institute (BRRI) has developed two new high-yielding rice varieties which are suitable for the Boro season.

The prospect of record high onion production is encouraging farmers to expand cultivation, according to the DAE

Commerce ministry writes letters to Bangladesh Bank, the National Board of Revenue

Traders made the demand for onion, edible oil, sugar, lentil, chickpeas, dates

More than 60 years ago, an adolescent Fazlur Rahman got an unexpected start to his journey in business.

Fazlur Rahman, chairman and managing director of City Group, one of the leading commodity importers and processors, is no more.  

The economy is facing certain challenges pertaining to inflation and it is of utmost importance to tame inflation at whatever costs necessary, especially food inflation

Sugar price may reduce if US dollar rates fall, he says

A total of 93 traders across the country were fined a total of Tk 414,500 by the Directorate of National Consumers Right Protection (DNCRP) yesterday for “holding back stocks of onion to artificially raise prices”.