import

No visible step from BB to ease importers’ woes

The Bangladesh Bank is yet to take any visible measure in line with a commerce ministry directive aimed at asking banks to earmark a portion of their foreign currency holdings to open letters of credit to import essentials ahead of Ramadan. 

INTERVIEW / What ails Bangladesh's publishing industry?

The price we pay for the local paper takes advantage of that extra duty, and practically we are stuck with buying low quality local paper with questionable output often.

Import-export registration certificate tenures extended to 5yrs

The government has extended the tenures of the Import Registration Certificate (IRC) and the Export Registration Certificate (ERC) to five years from one year.

‘Bangladesh can’t wait forever to resolve the Teesta issue’

The next stage of Bangladesh-India relations should involve long-term, innovative projects.

Bangladesh Bank toughens rules further to curb imports

In an effort to keep the foreign exchange reserves stable, the Bangladesh Bank yesterday asked banks to take up to 100 per cent of import payments in advances from businesses while opening letters of credit (LCs) for luxury and non-essential items. 

Don’t let rice hoarders get off scot-free

Price hikes despite the high yield of Boro rice totally unacceptable

Bangladesh Bank toughens rules for luxury item import

Bangladesh Bank today instructed banks to take up to 75 per cent of payments in advance from businesses during opening of letters of credit for import of luxury and non-essential goods.

Suspension of activities for Eid congests Ctg port

Untimely loading and unloading of containers has congested Chattogram port, the country’s premier seaport, with container vessels, which remain anchored due to the disruption.

Bangladesh Bank revises post import financing policy

The Bangladesh Bank today revised its policy for post import financing (PIF) in order to give clarification to banks as importers have faced complexities to get fund properly.

January 19, 2023
January 19, 2023

No visible step from BB to ease importers’ woes

The Bangladesh Bank is yet to take any visible measure in line with a commerce ministry directive aimed at asking banks to earmark a portion of their foreign currency holdings to open letters of credit to import essentials ahead of Ramadan. 

November 26, 2022
November 26, 2022

What ails Bangladesh's publishing industry?

The price we pay for the local paper takes advantage of that extra duty, and practically we are stuck with buying low quality local paper with questionable output often.

November 24, 2022
November 24, 2022

Import-export registration certificate tenures extended to 5yrs

The government has extended the tenures of the Import Registration Certificate (IRC) and the Export Registration Certificate (ERC) to five years from one year.

September 5, 2022
September 5, 2022

‘Bangladesh can’t wait forever to resolve the Teesta issue’

The next stage of Bangladesh-India relations should involve long-term, innovative projects.

July 6, 2022
July 6, 2022

Bangladesh Bank toughens rules further to curb imports

In an effort to keep the foreign exchange reserves stable, the Bangladesh Bank yesterday asked banks to take up to 100 per cent of import payments in advances from businesses while opening letters of credit (LCs) for luxury and non-essential items. 

June 2, 2022
June 2, 2022

Don’t let rice hoarders get off scot-free

Price hikes despite the high yield of Boro rice totally unacceptable

May 10, 2022
May 10, 2022

Bangladesh Bank toughens rules for luxury item import

Bangladesh Bank today instructed banks to take up to 75 per cent of payments in advance from businesses during opening of letters of credit for import of luxury and non-essential goods.

May 7, 2022
May 7, 2022

Suspension of activities for Eid congests Ctg port

Untimely loading and unloading of containers has congested Chattogram port, the country’s premier seaport, with container vessels, which remain anchored due to the disruption.

April 26, 2022
April 26, 2022

Bangladesh Bank revises post import financing policy

The Bangladesh Bank today revised its policy for post import financing (PIF) in order to give clarification to banks as importers have faced complexities to get fund properly.

April 11, 2022
April 11, 2022

Bangladesh's first commodity exchange by this year

The Chittagong Stock Exchange (CSE) is planning to launch the country’s first commodities exchange, or futures market, this year, aiming to reduce the price difference of commodities between what consumers pay and what producers get.