First online auction of Ctg customs on Tuesday
Chattogram customs house is going to hold its first online auction on October 27 as it seeks to offer a simplified and transparent participatory process to draw more bidders, attain higher prices and free up space at the port’s yards.
24 October 2020, 18:00 PM
Forward sales causing a large gap in onion’s import and retail prices
Over the first nine days of the current month, importers brought more than 2,500 tonnes of onion from four countries -- Myanmar, China, Pakistan and Turkey.
11 October 2020, 18:00 PM
Scanty imports barely impact onion prices
Wholesale prices of both imported and locally grown onion shot up by Tk 5 to Tk 10 per kilogramme within a span of 24 hours in Chattogram city’s Khatunganj market despite the arrival of stocks from alternatives to India through the port.
4 October 2020, 18:00 PM
Liner promises boost to sea tourism
Saint Martin’s island is on the verge of witnessing a new chapter in tourist transport as a vessel formerly engaged in ferrying people in Japan is due to pioneer a route connecting the coral isle to Chattogram via Cox’s Bazar.
1 October 2020, 18:00 PM
Wheat imports rise 116pc in six years
Wheat consumption in Bangladesh has more than doubled in the past six years for changing food habits, increasing demand and exports of bakery products.
26 September 2020, 18:00 PM
Onion prices drop in Ctg
Onions became Tk 20-25 cheaper per kilogramme (kg) in the last three days thanks to declining prices at the Khatunganj wholesale hub and increased efforts from traders to import the kitchen staple from eight countries.
22 September 2020, 18:00 PM
Onions retail at four times the import price
The Khulna-based Sundarban Enterprise received a consignment of 157 tonnes of onion at Bhomra land port on 14 September. It came from AA Enterprise of India. The import price is Tk 25.70 per kg, according to customs documents.
17 September 2020, 18:00 PM
Ctg customs to auction off abandoned food items, chemicals
Taking note of last month’s catastrophic blast in Beirut port, customs authorities in Bangladesh have started auctioning off around 278 tonnes of chemicals and food items lying unclaimed at the Chattogram port since 2008.
10 September 2020, 18:00 PM
Ex-Kafco boss in tight spot
The immediate past chairman of Karnaphuli Fertilizer Company (Kafco) created a post called consultant (HR) with the monthly salary of Tk 4.5 lakh just before leaving and appointed a retired joint secretary to it.
10 September 2020, 18:00 PM
Ctg zoo sees baby boom
With no visitors interfering, the animals of Chattogram zoo have spent a blissful summer this year, thanks to the pandemic. At least 50 offspring of different animals were born at the zoo in the past two months, which includes tiger cubs, deer fawns, and peacocks.
28 August 2020, 18:00 PM
Customs valuation rules yet to take effect 20 years on
The National Board of Revenue is yet to implement customs valuation (determination of the value of imported goods) rules although those were formulated 20 years ago in a bid to help the country conform to international practices and curb illicit transactions in export and import.
27 August 2020, 18:00 PM
Import of 20 products drop by a quarter
Import of 20 items dropped by 25 percent in the fiscal year 2019-20 compared to the previous fiscal year, shows customs and NBR data.
22 August 2020, 18:00 PM
Traders at Chaktai-Khatunganj suffer from waterlogging
Many areas of Chaktai-Khatunganj, a wholesale hub for essential commodities, are inundated by rainwater every day and the water enters ground-level shops and warehouses, causing untold damages in the area.
20 August 2020, 18:00 PM
Panic grips expats as Biman cancels flights
Biman Bangladesh Airlines yesterday cancelled its flight from Dhaka to Abu Dhabi, as the UAE government is not accepting any Bangladeshi passengers carrying employment visas at present.
19 August 2020, 18:00 PM
Reconditioned Cars: Import drops by 60pc in Ctg
The import of reconditioned cars has dropped by 60 percent in fiscal year (FY) 2019-20 compared to the previous FY 2018-19 due to tariff inequality and declining sales.
16 August 2020, 18:00 PM
Reconditioned car import slumps 60pc
Import of reconditioned cars has dropped 60 per cent year-on-year in fiscal 2019-20, something the industry’s people are attributing to a tariff structure and declining sales in the domestic market.
16 August 2020, 18:00 PM
Migrant workers in a pickle over flying back
Thousands of expatriate Bangladeshis employed in the Middle East but currently stranded at home for months amid the coronavirus pandemic have been facing difficulties flying to their destinations due to limited access to air tickets.
13 August 2020, 18:00 PM
Cement raw material import falls 13pc for Covid-19
Import of raw materials for the cement industry fell nearly 13 per cent year-on-year to Tk 6,481 crore in the fiscal year 2019-20 because of the stagnation in construction activities across the country after the Covid-19 outbreak.
10 August 2020, 18:00 PM
NBR toughens up on under-invoicing
The National Board of Revenue has amended the Customs Act, 1969, setting a minimum penalty that is at least double the amount of fine for under-invoicing and ending a five-decade-old system of nominal fines.
8 August 2020, 18:00 PM
Indian ship with transshipment goods reaches Ctg port
The first ship under the trial run of transshipment of Indian goods to its north-eastern states through Bangladesh berthed at Chattogram port yesterday.
21 July 2020, 18:00 PM