Oil import for 2023: BPC gets nod to buy 54 lakh tonnes
The Cabinet Committee on Economic Affairs yesterday granted Bangladesh Petroleum Corporation permission to import 54 lakh tonnes of oil next year in a bid to secure supply of the key commodity amid the Russian invasion of Ukraine and geopolitical tension.
19 October 2022, 18:00 PM
Rolls-royce importer: Customs fines importer Tk 56.4 crore for illegal release
The Chattogram Customs House has fined Z&Z Intimates Ltd Tk 56.4 crore for illegally releasing an imported Rolls Royce vehicle.
17 October 2022, 18:00 PM
Port activities delayed by NBR server glitch
Shipping agents are facing difficulties in submitting the registration number and import general manifest (IGM) against their vessels due to a glitch in the related server of the National Board of Revenue (NBR), leading to delays in import-export activities.
17 October 2022, 18:00 PM
Pvt power plants on heavy fuel: Standoff over unpaid bills hurts consumers
A standoff over unpaid bills between the government and independent power plants that run on heavy fuel oil is hurting people when they are enduring the worst power crisis in a decade.
12 October 2022, 18:00 PM
A father’s fight against noise pollution
Since last July, entrepreneur Sujan Barua, a father of two, has been campaigning against noise pollution in different areas of Chattogram.
11 October 2022, 18:00 PM
Highest bids range from Tk 2.5 lakh to Tk 50 lakh
Custom House Chattogram has auctioned off 78 luxury cars whose brands included that of BMW, Land Rover, Mitsubishi, Mercedes and Lexus and which attracted individual bids of a maximum of Tk 2.5 lakh to Tk 50.5 lakh.
6 October 2022, 03:00 AM
Soybean oil: Refiners’ price cuts taking effect in retails
Refiners in Bangladesh have cut the price of soybean oil and the new rates have started to take effect in the kitchen markets of Dhaka.
6 October 2022, 02:50 AM
Businesses dealt a blow
Business and industrial activities were disrupted for several hours since yesterday afternoon as the national power grid failed, plunging half of the country into darkness.
5 October 2022, 02:20 AM
Nearly five years on, govt supervision yet to come about
Bangladesh Ship Recycling Act, 2018 was enacted four and a half years ago but its implementation has stayed limited to just the formation of a board.
29 September 2022, 02:40 AM
Essential commodities: Price rise for global hike not justified
Whenever the price of a commodity increases in the local market, the traders and wholesalers have the readymade excuse of a price hike in the international market. But a recent study by an intelligence agency found their justification to be unsubstantiated.
27 September 2022, 02:00 AM
Customs seeks explanations from BM Container
Custom House Chattogram has served a notice to BM Container Depot asking why its private bonded warehouse licence should not be cancelled following the recent deadly explosions and fire inside it.
20 September 2022, 02:20 AM
Imported steel still visually assessed for duty
The National Board of Revenue (NBR) has no definite guideline on grading steel, prompting duty evasion through underinvoicing and adoption of other unfair means by dishonest importers, depriving the government of hundreds of crores of taka in revenue each year.
18 September 2022, 02:20 AM
Flammable materials to be prohibited in Karnaphuli tunnel
Scanners will be installed at both ends of the Karnaphuli tunnel in Chattogram to make sure that vehicles carrying flammable goods cannot use the underwater structure.
12 September 2022, 02:40 AM
New policy expedites auctioning of abandoned, smuggled goods
Smuggled or abandoned liquor and cigarettes from now can be sold off at a minimum of 60 per cent of their value to shops listed by customs instead of being kept on hold for sale by Bangladesh Parjatan Corporation.
6 September 2022, 02:40 AM
Import of cement raw materials rises
Import of raw materials used in manufacturing cement has increased in recent months in spite of the items turning pricier.
4 September 2022, 02:40 AM
Sugar price hike: JS body slams two ministers
A parliamentary watchdog yesterday came down heavily on Industries Minister Nurul Majid Mahmud Humayun for the price spiral of sugar despite ample supply of the commodity.
25 August 2022, 18:00 PM
Padma’s oil tank sealed off for duty dodging
For the past two months a storage tank of state-run Padma Oil Company containing nearly 6,000 tonnes of furnace oil has been kept sealed off by Custom House, Chattogram on charges of dodging duty of Tk 116.74 crore.
24 August 2022, 02:45 AM
Soybean oil officially up Tk 7-9 a litre
The government yesterday hiked the price of soybean oil for the fourth time this year even though the price of the product in the international market held steady in the past month.
23 August 2022, 18:00 PM
Petroleum remains NBR’s major source of revenue
Petroleum imports continue to be the major source of revenue for Custom House, Chattogram thanks to higher tariffs.
16 August 2022, 02:45 AM
Wheat prices may cool off in local market
The price of wheat in Bangladesh may come down as its export from Ukraine has resumed following an agreement with Russia.
3 August 2022, 02:45 AM