In the face of rising prices of onions, the Bangladesh Trade and Tariff Commission (BTTC) has recommended that the government allow zero-duty entry of the kitchen staple to cut import costs and stabilise domestic prices. .Prices of the bulb surged to as high as Tk 150 per kilogramme earlie

The Bangladesh Trade and Tariff Commission (BTTC) has requested the government to temporarily withdraw import duty on rice to increase the supply and, in turn, contain the price of this staple food in the local markets.

Consumers in Bangladesh saw no drop in soybean and palm oil prices over the past week even though the National Board of Revenue (NBR) has reduced an import VAT from 15 percent to 10 percent.

Onion prices at retail markets in Dhaka rose by Tk 10 to Tk 15 per kg over the past week, deepening the woes of low and fixed-income people

Each fisherman will get 25 kgs of rice under the VGF scheme during the ban beginning on October 13

The Modi-administration withdraws the minimum export price of $490 per tonne on overseas shipments of non-basmati white rice

Most SMEs lost all of their belongings and now seek government assistance

Dhiraj Roy, a farmer from Maljhar village in Biral upazila of Dinajpur, is reconsidering plans to cultivate early varieties of potatoes on his 50-decimal plot of land as the rising cost of seeds and agricultural inputs is straining his limited budget.."Each kilogramme (kg) of Çhalisa varie

12 firms given permission to bring them in

Bangladesh has drastically reduced the import tariff on rice in order to encourage imports of the staple grain and increase its supply in local markets.

The specific duty would be Tk 4,500 a tonne

Duty has been brought down from 25% to 5%, which would reduce import costs by Tk 13.8 a dozen

Government's food distribution under various social protection schemes declined 14 percent year-on-year in the first quarter of fiscal year (FY) 2024-25, mainly because of reduced transfer of grains under the Food for Work (FFW) and Food Friendly Programme (FFP).

Several economic theories help explain the current scenario.

Sadek Mia, a daily wage earner who came to Moulvibazar six months back in search of work, has been finding it hard to bear his living expenses and send money to his family members in Sunamganj Sadar upazila.

The prices of essential and grocery commodities have skyrocketed in Bagerhat amid supply crunch..Green chilli, priced at Tk 180-220 per kilogramme just a week ago, is now being sold at Tk 600 per kg

Salehuddin Ahmed visits Dhaka’s Karwan Bazar kitchen market

For the first time, Bangladesh has bagged more than 4 crore tonnes of rice in a fiscal year (FY) thanks to increasing yields of the most grown crop, according to official data.

The NBR expects that sugar prices will decrease in proportion to the duty reduction, and it hopes this measure will also discourage sugar smuggling.

The commission recommended NBR cut sugar import duty to 15% from existing 30%