Ctg customs saw 12% revenue growth in July-March
Revenue collection by Chattogram Customs House rose 12 percent over the past nine months thanks to the easing of import restrictions, with shipments of Ramadan essentials surging ahead of the month of fasting for Muslims..The country’s top revenue earner collected Tk 55,346 crore in the Ju
17 April 2025, 15:05 PM
Bangladesh earned Tk 1,500cr tariff from US imports in FY24
"Bangladesh generates a negligible amount of revenue from taxes levied on goods imported from the United States"
5 April 2025, 18:00 PM
Dates cheaper in Ctg this year as imports surge
Date prices have remained relatively stable this year compared to previous years, thanks to the govt's duty waiver and a decline in int'l market prices
22 February 2025, 18:00 PM
Unclaimed import boxes clog 18% of Ctg port capacity
Around 200,000 tonnes of imported goods, stuffed in 9,644 containers, have been abandoned at Chattogram port for years – occupying 18 percent of its capacity, as customs officials point the finger at lengthy auction processes for the backlog.
10 February 2025, 18:00 PM
Under-invoicing skews cardamom market
Chattogram-based Especia International Trading received the delivery of a 10-tonne cardamom consignment in mid-January. The trader declared the import price at $7.5 per kilogramme.
6 February 2025, 18:00 PM
Customs’ sale of 14-yr-old chemical poses health hazard
The Chattogram Custom House has auctioned off 14-year-old sodium glycerolate, which is used in cosmetics and pharmaceutical products, without conducting any quality assessment to determine its usability, raising concerns about potential health risks.
25 December 2024, 18:23 PM
Nowfel gained from illegal tobacco trade
Former education minister Mohibul Hassan Chowdhoury Nowfel received at least Tk 3 crore from a tobacco company, known for years for illegal cigarette production and marketing including some counterfeit foreign brands.
22 December 2024, 18:19 PM
Ship from Karachi port: What was in the cargo?
Most of the cargo that arrived from Karachi contained industrial raw materials, including soda ash, dolomite, limestone, chemicals, onion, fabrics and potatoes
16 November 2024, 14:49 PM
Fresh blow for consumers as powdered milk prices rise
Powdered milk prices have increased by Tk 50 to Tk 80 per kilogramme (kg) as rising transportation charges and the growing value of US dollars pushed up costs in the international market.
2 June 2022, 05:30 AM
NBR’s struggle to collect VAT from retails continuing for years
On April 5, the revenue authorities held a draw of the lottery of sales receipts issued by the stores using electronic fiscal devices (EFDs).
31 May 2022, 07:30 AM
Accelerate use of EFDs, ramp up monitoring
The National Board of Revenue should accelerate the use of electronic fiscal devices (EFDs) and ramp up monitoring to eliminate non-compliance with a view to raising more value-added taxes using technologies, said former top taxmen and economists.
31 May 2022, 07:00 AM
The tale of a forgotten musician
He was an 18-year-old singer-songwriter in the eighties.
27 May 2022, 05:00 AM
Customs to auction off 108 cars
Customs authorities are planning to auction off on June 23 a total of 108 cars, including ones of luxury brands BMW, Land Rover, Mitsubishi, Mercedes-Benz and Lexus, brought to the Chattogram port around a decade ago duty-free under a UN convention.
26 May 2022, 18:00 PM
Now comes sugar price shock
Consumers are already bearing the brunt of the high prices of edible oil, wheat and rice for the Russia-Ukraine war and unfavourable weather conditions on the domestic front.
26 May 2022, 04:30 AM
Palm oil: Local prices fall as Indonesia lifts ban on exports
Palm oil prices in domestic wholesale and retail markets have started cooling off after Indonesia announced that it would resume exports of the product.
24 May 2022, 04:00 AM
Curbing price manipulation: Mechanism there for 11 yrs but not in use
More than 11 years ago, the government issued an order for the trade of essential commodities, aimed at controlling their prices and curbing price manipulation by unscrupulous businesses through hoarding and other unfair means.
24 May 2022, 02:00 AM
Edible oil price shock may soften as Indonesia resumes export
Indonesia, the world’s biggest supplier of edible oils, has decided to lift the ban on palm oil exports, a development that is expected to bring much-needed relief to the consumers in Bangladesh struggling to afford the cooking oil because of skyrocketing prices.
20 May 2022, 03:00 AM
More costs, more time, more troubles
Costs and deadlines of four ongoing projects to mitigate the waterlogging issue in Chattogram -- worth Tk 11,000 crore -- have been extended multiple times. However, the sufferings of the port city dwellers have increased with them.
17 May 2022, 18:00 PM
Soybean oil: Many stores still face supply crunch
After the new prices came into effect, edible oil companies started supplying bottled, loose soybean and palm oil through distributors from Saturday.
8 May 2022, 18:00 PM
Record hike in soybean oil prices
Edible oil prices see the biggest increase in Bangladesh’s history as the government moves to put an end to the unprecedented crunch of the essential cooking item.
5 May 2022, 18:00 PM
Fresh notes, a hot Eid commodity
Every year before Eid, fresh currency notes become a hot commodity. Though the sale of currency notes is illegal, buyers and sellers have been busy bargaining over fresh notes in New Market and Kotwali areas of the port city.
29 April 2022, 18:00 PM
Edible oil: Supply crunch worsens crisis
The retail prices of non-bottled and bottled soybean and palm oil have gone up by Tk 10-15 per litre overnight due to a supply crunch in the aftermath of Indonesia’s export ban on crude and refined palm oil imposed on Wednesday.
28 April 2022, 18:00 PM
Indonesia’s export ban: Edible oil supply crunch has begun
Indonesia’s abrupt announcement of a palm oil export ban from tomorrow has sent refiners in Bangladesh into zealous rationing, choking the availability of cooking oil at the retail level at a time when its consumption is high.
26 April 2022, 18:00 PM
Edible oil market turns more volatile
The edible oil market has become more volatile after wholesalers and millers cut supplies in anticipation of increased prices of the essential cooking ingredient in the wake of the export ban by Indonesia, the world’s biggest supplier of vegetable oil.
23 April 2022, 18:00 PM
8th grader holds senior officer’s post at Standard Asiatic Oil Company
Shahidul Islam landed a job in Standard Asiatic Oil Company Limited (SAOCL), a partner company of state-run Bangladesh Petroleum Corporation (BPC), as a senior officer (maintenance) in 2015.
22 April 2022, 18:00 PM
Made in Khalifa Patti
The ringing sound of hundreds of sewing machines floats through Khalifa Patti in Chattogram every year before Eid-ul-Fitr. At least eight to ten people are hard at work round the clock in every shop of the market.
19 April 2022, 18:00 PM
Edible oil prices: Even record imports fail to arrest hike
Despite record imports of soybean oil in the first quarter, consumers are having to pay an additional Tk 36-38 for every litre of non-bottled soybean oil over the price set by the government.
16 April 2022, 18:00 PM
At least 20 companies pocket incentives over 5 years through ghost shipments
Between August 2018 and September 2020, Dhaka-based Mamun Enterprise has drawn over Tk 6.2 crore in incentives against agro exports.
15 April 2022, 18:00 PM