rice import
Deadline extended for rice import at reduced tariff
The National Board of Revenue (NBR) has extended the scope for traders to import rice at reduced tariff by three months to March 31 next year to facilitate increased supply of the staple food and contain its prices in the local market.
Rice production to decline marginally
Bangladesh’s rice production may decline in marketing year (MY) 2022-23, which began in May, as severe floods damaged pre-monsoon crop Aus in the north and northeastern regions during planting, said a USDA report released on Monday.
Rice import plan receives tepid response
The government initiative to import rice from different sources to beef up the stock and keep the prices stable is yet to see any significant progress.
Subsidised rice for 1.5cr poor
The government today starts selling rice at subsidised prices in an effort to give respite to the poor and low-income earners and bring stability to the volatile rice market.
All-out effort to tame rice prices
The government yesterday slashed the import duty on rice and is also working to import about 12 lakh tonnes of food grain including rice as it looks to rein in the price of the staple amid a cost of living crisis.
Food ministry must do better to control prices of rice
High prices are making life harder for the poor
47 firms given go-ahead to import 73,000 tonnes of rice
The government has given go-ahead to 47 companies to import 73,000 tonnes of rice as part of its ongoing effort to contain food prices in the local market.
Rice import duty reduced to 25%
The government has slashed the rice import duty to 25 percent from the existing 62.5 percent to keep the rice market stable, Food Minister Sadhan Chandra Majumder said today.
Duty on rice import increased to 55%
In purview of farmers counting losses in Bangladesh, the government has increased the duty on import of the basic staple to protect local produce.
Deadline extended for rice import at reduced tariff
The National Board of Revenue (NBR) has extended the scope for traders to import rice at reduced tariff by three months to March 31 next year to facilitate increased supply of the staple food and contain its prices in the local market.
Rice production to decline marginally
Bangladesh’s rice production may decline in marketing year (MY) 2022-23, which began in May, as severe floods damaged pre-monsoon crop Aus in the north and northeastern regions during planting, said a USDA report released on Monday.
Rice import plan receives tepid response
The government initiative to import rice from different sources to beef up the stock and keep the prices stable is yet to see any significant progress.
Subsidised rice for 1.5cr poor
The government today starts selling rice at subsidised prices in an effort to give respite to the poor and low-income earners and bring stability to the volatile rice market.
All-out effort to tame rice prices
The government yesterday slashed the import duty on rice and is also working to import about 12 lakh tonnes of food grain including rice as it looks to rein in the price of the staple amid a cost of living crisis.
Food ministry must do better to control prices of rice
High prices are making life harder for the poor
47 firms given go-ahead to import 73,000 tonnes of rice
The government has given go-ahead to 47 companies to import 73,000 tonnes of rice as part of its ongoing effort to contain food prices in the local market.
Rice import duty reduced to 25%
The government has slashed the rice import duty to 25 percent from the existing 62.5 percent to keep the rice market stable, Food Minister Sadhan Chandra Majumder said today.
Duty on rice import increased to 55%
In purview of farmers counting losses in Bangladesh, the government has increased the duty on import of the basic staple to protect local produce.
Supply adequate, yet rice prices up
Rice prices have gone up as millers and traders hiked prices banking on the government decision to raise import duty on the cereal to 28 percent from 2 percent, say market insiders.