Mohammad Suman

NBR issues 'electric seal and lock rules' for fourth time

Earlier, there was a provision for the service providers to be appointed by a committee appointed by the board, said Rahman. Now the company which can provide this service at a low cost will be given the job, he explained.

11h ago

NBR issues gazette to process imports faster

The National Board of Revenue (NBR) has issued a gazette notification stipulating that imports have to be declared well in advance of the previous deadline for notifying of their arrival, all to reduce false declarations and enable quick releases.

2w ago

Matarbari Power Plant: Tk 93 lakh for two pipe cutters!

On January 9, 2024, a small shipment weighing 344.5 kilograms arrived at Chattogram port. The shipment worth $250,863 (Tk 2.75 crore) contained 19 pieces of small tools such as hammer, metal pipe cutter and silicon guns imported for state-owned Coal Power Generation Company Bangladesh Limited (CPGCBL), which is constructing Matarbari power plant in Cox’s Bazar.

2w ago

Why do high prices persist despite govt steps?

Consumers were not spared even during the fasting month of Ramadan, a time to show self-restraint, even though there have been a lot of promises and drives on the part of the government. Therefore, while devotees perform their religious duty, the escalated prices of essentials have continued to give them hard times.

3w ago

Sugar prices edge up as traders tighten supply

Sugar prices have gone up at both the wholesale and retail levels amid hoarding by traders on speculation of reduced supply after the fire incident at S Alam Refinery, one of the largest raw sugar importers and refiners in Bangladesh.

Electric vehicles etching their way into domestic automobile industry

The automobile industry of Bangladesh is seeing a notable shift towards electric vehicles (EVs) with BYD Auto Co Ltd, the world’s biggest EV maker, set to launch its Seal model on the domestic market.

Govt to promote value-added products for post-LDC era

The government is considering further incentives while emphasising ICT and advanced technology in order to increase the production of value-added products as part of preparations for graduation from least developed country (LDC) status, Chairman of the National Board of Revenue (NBR) Abu Hena Md Rahmatul Muneem said yesterday.

Sugar, palm oil and date prices increase in spite of duty cut

In order to boost supplies and contain prices of essential goods during the month of Ramadan, the government took measures to alleviate the burden on consumers by reducing value added tax and import duties on four commodities -- edible oil, sugar, dates and rice on February 8.

April 16, 2024
April 16, 2024

NBR issues 'electric seal and lock rules' for fourth time

Earlier, there was a provision for the service providers to be appointed by a committee appointed by the board, said Rahman. Now the company which can provide this service at a low cost will be given the job, he explained.

April 2, 2024
April 2, 2024

NBR issues gazette to process imports faster

The National Board of Revenue (NBR) has issued a gazette notification stipulating that imports have to be declared well in advance of the previous deadline for notifying of their arrival, all to reduce false declarations and enable quick releases.

April 1, 2024
April 1, 2024

Matarbari Power Plant: Tk 93 lakh for two pipe cutters!

On January 9, 2024, a small shipment weighing 344.5 kilograms arrived at Chattogram port. The shipment worth $250,863 (Tk 2.75 crore) contained 19 pieces of small tools such as hammer, metal pipe cutter and silicon guns imported for state-owned Coal Power Generation Company Bangladesh Limited (CPGCBL), which is constructing Matarbari power plant in Cox’s Bazar.

March 20, 2024
March 20, 2024

Why do high prices persist despite govt steps?

Consumers were not spared even during the fasting month of Ramadan, a time to show self-restraint, even though there have been a lot of promises and drives on the part of the government. Therefore, while devotees perform their religious duty, the escalated prices of essentials have continued to give them hard times.

March 7, 2024
March 7, 2024

Sugar prices edge up as traders tighten supply

Sugar prices have gone up at both the wholesale and retail levels amid hoarding by traders on speculation of reduced supply after the fire incident at S Alam Refinery, one of the largest raw sugar importers and refiners in Bangladesh.

February 28, 2024
February 28, 2024

Electric vehicles etching their way into domestic automobile industry

The automobile industry of Bangladesh is seeing a notable shift towards electric vehicles (EVs) with BYD Auto Co Ltd, the world’s biggest EV maker, set to launch its Seal model on the domestic market.

February 16, 2024
February 16, 2024

Govt to promote value-added products for post-LDC era

The government is considering further incentives while emphasising ICT and advanced technology in order to increase the production of value-added products as part of preparations for graduation from least developed country (LDC) status, Chairman of the National Board of Revenue (NBR) Abu Hena Md Rahmatul Muneem said yesterday.

February 15, 2024
February 15, 2024

Sugar, palm oil and date prices increase in spite of duty cut

In order to boost supplies and contain prices of essential goods during the month of Ramadan, the government took measures to alleviate the burden on consumers by reducing value added tax and import duties on four commodities -- edible oil, sugar, dates and rice on February 8.

February 6, 2024
February 6, 2024

Steel products get costlier as customs hikes assessment value

The prices of all types of steel products have gone up by Tk 5,000 to Tk 15,000 per tonne within the span of a week after the customs department increased the assessment value by a large margin, traders said.

January 21, 2024
January 21, 2024

Essentials in Ramadan: Dollar crisis, hoarding jack up prices

With Ramadan less than two months away, the prices of chickpeas, dried peas, dates, and soybean oil have increased in Dhaka and Chattogram.

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