ACI Launches Fun Super Champ Cupcakes

In the first quarter of fiscal year 2024-25, government food distribution under various social protection schemes fell by 14% year-on-year, primarily due to a significant reduction in grain transfers under the Food for Work (FFW) and Food Friendly Programme (FFP).

The government has reduced the import duty on eggs from 30% to 13% and lowered the duty on edible oil by 5%. It has also eliminated value-added tax (VAT) on edible oil at the production and distribution levels to help stabilize prices of essential commodities. These actions respond to rising prices and follow requests from oil refiners for tax waivers to mitigate increasing global prices for soybean and palm oil. Meanwhile, egg prices have surged amid supply shortages, prompting the government to approve the import of 4.5 crore eggs to alleviate the crisis.

A total of 593 tonnes of green chillies were imported from India through Benapole Land Port over the past two days. Of this, 581.97 tonnes arrived yesterday, and 10.96 tonnes today. Valued at Tk 3.34 crore, the green chillies were imported at Tk 60 per kg, with an import duty of Tk 36,000 per tonne. The imports, made by 28 Bangladeshi importers, aim to ease the rising prices of green chillies in local markets.

DBH Finance PLC was recently honored with the ICSB National Corporate Governance Excellence Award in the financial institutions category. The award was presented at a ceremony held at a city hotel, where Nasimul Baten, Managing Director & CEO of DBH Finance, accepted the accolade from Dr. Salehuddin Ahmed, Adviser to the Ministries of Finance, Commerce, and Science and Technology.

NCC Bank has introduced four new financial products targeting cottage, micro, small, and medium enterprise (CMSME) entrepreneurs, offering credit facilities ranging from Tk 1 lakh to Tk 10 crore. The products include NCC Commercial Building Loan, NCC Commercial Vehicle Loan, NCC Supply Chain Finance, and NCC Business Account.