BB allows payment against discrepant import bills
The Bangladesh Bank on Sunday allowed banks to make payments against discrepant import bills if the importer accepts the discrepancies on reasonable grounds...
Tags : Import
NBR halts yarn import through land ports
The National Board of Revenue has issued a gazette notification regarding the ban on the import of yarn and some other products through the country's land ports from India, Nepal and Bhutan, following repeated demands from local textile millers...
Bangladesh imports 10,850 tonnes of rice from India
Another consignment of 10,850 tonnes of Indian parboiled rice arrived at the country鈥檚 premier seaport, Chattogram Port on Thursday...
China Exim Bank to support relocation of industrial plants to Bangladesh
Chairman of China Export-Import Bank Chen Huaiyu on Thursday said that his bank would support the relocation of Chinese manufacturing plants to Bangladesh to make the country a platform for export to other nations...
Global outcry as Trump heaps 25pc tariffs on auto imports
World powers on Thursday blasted US president Donald Trump鈥檚 steep tariffs on imports of vehicles and car parts, vowing retaliation as a widening trade war intensifies...
Govt may halt import of yarn thru land ports
The government has started a move to halt the import of yarn through the country鈥檚 land ports as these ports lack the proper testing capacity of the yarns, according to a meeting of the Ministry of Commerce held on Monday...
LC opening for imports rises
The opening of letters of credit (LCs) for imports increased in the first eight months of the 2024-25 fiscal year compared to the same period in the previous year, reflecting a gradual recovery in business activity...
ASEAN urged to increase imports from Bangladesh
ASEAN diplomats recently visited ICC Bangladesh and held a meeting with its president Mahbubur Rahman and vice-presidents AK Azad and Naser Ezaz Bijoy...
Government slashes import duties on fresh fruits
To keep the prices of fresh fruits within the people鈥檚 purchasing capacity during the holy month of Ramadan, the government issued two new notifications on March 16, slashing import duties on fresh fruit in the public interest...
Fruit imports in Bangladesh decline
Fresh fruits imports have been witnessing a declining trend for the past few years, according to the traders, mostly due to raising various types of duties, depreciation of taka against US dollar and inflationary pressure which impacted the living costs...
Bangladesh decides to import two cargos of LNG
The advisory committee of the government purchase in a meeting on Wednesday approved two proposals for importing two cargos of liquefied natural gas...
Dates import, consumption surge sharply
Dates have always been a special item for Iftar during the Ramadan in Bangladesh. However, in recent years, the fruit has advanced beyond just a Ramadan delicacy to become a common part of daily consumption...
Date prices drop with huge import
Consumers have expressed satisfaction over the declining prices of dates, following an import volume that has doubled compared to market demand ahead of Ramadan...
China keen to import Hilsa
Chinese ambassador to Bangladesh Yao Wen has expressed interest in importing 1,000 tonnes of Hilsa from Bangladesh...
Single window system streamlines export, import activities
The Bangladesh Single Window system (BSW), launched on January 2, has significantly facilitated the country鈥檚 export-import activities by reducing time and costs, according to a statement from the National Board of Revenue issued on Wednesday...
Trump鈥檚 protectionist power play
US聽PRESIDENT Donald Trump announced 25 per cent tariffs on foreign steel and aluminium imports聽on February 10, doubling down on his protectionist agenda to 鈥榖oost鈥� the US economy through import taxes, a move that could disrupt trade with key partners. Set to take effect on March 4, the tariffs will impact the 25 million tonnes of steel the US imports...
Bangladesh鈥檚 reliance on Gulf nations under threat
OVER 10 million Bangladeshi migrant workers send home an estimated $22 billion in remittances annually, making it the country鈥檚 second-largest source of foreign exchange after garment exports. More than 60 per cent of this originates from the Middle East, with Saudi Arabia, the United Arab Emirates, Qatar, and Kuwait leading the way. At the same time...
Exercise for cognitive enhancement
IN TODAY鈥橲 fast-paced, sedentary world, we are all aware of the importance of regular exercise for physical health. From heart function to muscle tone, exercise is a fundamental pillar of a strong, well-functioning body. However, fewer people recognise its crucial role in boosting brain power. Regular physical activity significantly enhances cognitive abilities...
Bangladesh imports 5,500MTs molasses from Pakistan
For the first time, Bangladesh has imported molasses from Pakistan through Mongla Port...
Managing today鈥檚 museums
MUSEUMS are establishments where representative objects of cultural and historical importance of a nation are showcased for the public. As we go deep into the genesis of the word 鈥榤useum鈥�, we learn that it is derived from the word 鈥榤use鈥� in English adopted into its vocabulary from the Greek word 鈥榤ousa鈥�, meaning 鈥榤use鈥� or 鈥榯hink deeply鈥� over...
Textile millers in Bangladesh for banning yarn import thru land ports
The country鈥檚 textile sector businesses have requested finance adviser Salehuddin Ahmed to impose a ban on yarn imports using the customs houses of all land ports in the interest of the country鈥檚 textile sector...
Beximco incurs losses amid banking crisis, factory halt
The Bangladesh Export Import Company Limited incurred a loss of Tk 243 crore in the second quarter (October-December) of the financial year 2024-25, losing Tk 2.58 per share....
Sri Lanka ends ban on vehicle imports
Sri Lanka announced the lifting of a five-year ban on vehicle imports Tuesday as the country showed further signs of emerging from its worst economic meltdown...
External trade cost high
The cost of import and export in Bangladesh is significantly higher than India, Malaysia, Vietnam and Singapore due to inefficient customs clearance and uncompetitive logistics services.
FBCCI sees big potential in importing fruits from Pakistan
Bangladeshi importers and businessmen see big opportunities and potentials in importing dates, oranges, other fruits and agricultural products from Pakistan to meet the demand throughout the year, including during the holy month of Ramadan...
Govt exploring multiple sources for rice import
Interim government鈥檚 food adviser Ali Imam Majumder said that the government was prioritising trade over politics, welcoming imports from neighbouring countries like India, Myanmar, and Pakistan due to their proximity and lower costs...
BB extends import bill payment period to 360 days
The Bangladesh Bank has extended the payment period for imported raw materials and agricultural inputs from 180 days to 360 days...
鈥楤angladesh Single Window鈥� effective within March: Lutfey
Professor Lutfey Siddiqi, Special Envoy on International Affairs to the chief adviser, on Sunday said the 鈥楤angladesh Single Window鈥� will be effective within the month of March to ease the import and export processes for businesses...
Import of 1 lakh tonnes of rice from India, Pakistan approved
The cabinet committee on government purchase at a meeting on Thursday approved two separate food ministry proposals to import total one lakh tonnes of rice from India and Pakistan...
31 luxury cars imported for ex-MPs among 100 vehicles to be auctioned
The Chattogram Customs House is set to auction nearly 100 vehicles, including 31 luxury Land Cruiser cars imported under a duty-free privilege for former members of parliament during the ousted Awami League regime...