PHP to rev up car assembling capacity
In line with the growing market trend of brand new cars, PHP Automobiles, one of the country’s leading car makers, plans to increase its assembling capacity as well as locally manufacturing a majority of the components.
10 February 2021, 18:00 PM
‘Illegal courier service’ in guise of factory machinery import
Bearing telltale signs of an illegal courier service, some 70 tonnes of personal goods and contraband items were seized by Chattogram Customs House on Sunday for being imported under a false declaration of being factory machinery, apparently to evade duty.
8 February 2021, 18:00 PM
Duty Dodging at CTG Port: Tricks not so secret
In the wake of the coronavirus outbreak, four expatriates returned from Saudi Arabia by air on November 29 last year.
29 January 2021, 18:00 PM
AL wins big amid big irregularities
The Chattogram City Corporation polls yesterday were marred by violence and the capture of scores of polling centres by Awami League men amid a low turnout of voters.
27 January 2021, 18:00 PM
Fix bottled soybean oil price at Tk 124 a litre
The Bangladesh Trade and Tariff Commission (BTTC) has recommended setting the maximum retail price of soybean oil at Tk 124 a litre to tame its spiralling rates in the local market.
21 January 2021, 18:00 PM
Wheat import declines
Wheat imports declined 2 per cent or 72,000 tonnes in the first six months of fiscal 2020-21 compared to the corresponding months of the previous year as prices rose amid a shortage of supply in the international market.
17 January 2021, 18:00 PM
27,000 tonnes of imported onion lying at Ctg port
Some 27,000 tonnes of onion worth Tk 102 crore have apparently been abandoned at the Chattogram port by importers, as their market price expectations were decimated by an influx of the Indian variety and local harvests.
16 January 2021, 18:00 PM
Business leaders expect recovery by mid-2021
Several business leaders and entrepreneurs have expressed their hope that Bangladesh’s economy will start to recover from mid-2021 after the Covid-19 vaccine arrives.
31 December 2020, 18:00 PM
Edible oil prices on the rise
Local consumers now have to spend more on edible oil as prices are rising in the international market almost every week due to decreased production in exporting countries, weakening of supply chain and stockpiling amid the pandemic.
29 December 2020, 18:00 PM
Customs siezes containers for inflated export value
Bangla Food and Beverage Ltd tried to export one tonne of foods in place of 22 tonnes declared to claim higher cash incentives from the government against foreign sales, said the Chattogram Customs House.
23 December 2020, 18:00 PM
State enterprises’ profit falls to five-year low
State-run Bangladesh Petroleum Corporation’s net profit dropped 14.21 per cent in the last fiscal year because of a decline in fuel sales amid the pandemic-induced demand collapse.
15 December 2020, 18:00 PM
Ctg customs badly shorthanded
The Chattogram Custom House continues to operate with around half of the authorised posts being vacant, hampering its supervision on tax evasion and monitoring of import-export goods.
12 December 2020, 18:00 PM
A cancer hospital for the people, by people
Chattogram Maa O Shishu Hospital is planning to extend its services for residents of the port city, with a full-fledged 100-bed cancer hospital and research institute.
23 November 2020, 18:00 PM
Bangladesh seeks to boost Japanese investment
A tripartite agreement between two local trade bodies and the Japan External Trade Organisation (Jetro) was signed yesterday to strengthen private sector engagement in trade and investment between Japan and Bangladesh.
22 November 2020, 18:00 PM
Custom House, Ctg: Where 1 tonne is not always 1 tonne
MS Selim Machinery, a Jashore-based company, imported car parts from India through the Chattogram Port in March this year.
21 November 2020, 18:00 PM
Edible oil prices keep rising
The price of edible oil has risen in local markets amid stockpiling by large economies owing to the potential threat of a second wave of the coronavirus and a rising cost of all products worldwide, according to market players.
11 November 2020, 18:00 PM
Onion prices fall amid rising imports
The price of onion is declining because of an increased arrival of the key cooking ingredient, much to the respite of consumers, who have already been hit hard by higher prices of rice and vegetables.
5 November 2020, 18:00 PM
Pandemic takes the shine off port city’s luxury hotels
Luxury hotels in Chattogram has seen a 60 per cent drop in business due to the ongoing Covid-19 pandemic, according to industry insiders.
3 November 2020, 18:00 PM
Imported goods being released thru signature, website forgeries
A group of individuals are forging the signatures of officials of the commerce ministry, the Department of Livestock, Atomic Energy Commission and the Department of Agricultural Extension to release undeclared goods, according to Chattogram customs.
2 November 2020, 18:00 PM
36 tonnes of baby food seized over ‘signature forgery’
Chattogram Customs House yesterday seized 36 tonnes of baby food items, citing of finding evidence of the importer -- Siam Enterprise -- using a fake website and forging the commerce ministry’s seal and signature.
25 October 2020, 18:00 PM