A BPC concern robs state coffers of Tk 472.7cr
The government has been deprived of Tk 472.7 crore for 21 counts of irregularities by Standard Asiatic Oil Company, a subsidiary of the Bangladesh Petroleum Corporation, found an audit.
4 November 2022, 02:00 AM
Fresh blow to consumers as wheat flour prices jump
The price of wheat flour has increased in retail markets due to a decrease in imports and rise in international market prices, dealing a fresh blow to the people who are already struggling to make their ends meet.
1 November 2022, 03:10 AM
Customs approves sale of 71 luxury cars
Chattogram Custom House has approved the handover of 71 luxury cars to the highest bidders at an auction for a total of just Tk 12.53 crore even though the vehicles have a combined market value of Tk 114 crore.
25 October 2022, 05:00 AM
Seven reasons behind the sugar crisis
The Directorate of National Consumers Right Protection has identified seven reasons behind the price hike and shortage of sugar, including gas crisis, not mentioning price in sales invoices and complications in opening letters of credit.
25 October 2022, 02:30 AM
Gas crisis blamed for high price of sugar
Sugar has become dearer with prices going up by Tk 15 a kg at retail markets as millers cut supplies blaming insufficient gas flow at refineries.
24 October 2022, 02:20 AM
Supply crunch fuels sugar price
Sugar prices have increased again in Dhaka and Chattogram amid a supply crunch.
22 October 2022, 02:15 AM
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