Local Sugar Refiners Seek 10% LC Margin for Imports
Local sugar refiners have urged the government to reduce the LC (Letter of Credit) margin to 10% for sugar imports,…
Govt to Import 1 Lakh Tonnes of Grains for Price Stability
To stabilize rice prices and boost public food stocks, the Bangladeshi government is ramping up imports, aiming to buy 1…
S Alam Sugar Industry Faces Tk 246 Crore Fine for Duty Evasion
S Alam Refined Sugar Industry illegally sold 60,500 tons of raw sugar in the open market without paying customs duties,…
BTTC Recommends Import Tax Removal on Rice
The Bangladesh Trade and Tariff Commission (BTTC) has proposed waiving all import taxes on rice to combat rising domestic prices…
Tariff Cuts Fail to Spur Rice Imports Amid High Global Prices
Rice traders in Bangladesh are hesitant to import rice despite a tariff reduction from 62.5% to 25%, citing high international…