Most of the cargo that arrived from Karachi contained industrial raw materials, including soda ash, dolomite, limestone, chemicals, onion, fabrics and potatoes
On May 20, 2024, Chattogram Custom House Deputy Commissioner Mohammad Zakaria was in Kolkata, India, where he had gone for treatment a week earlier.
An inability to open letters of credit (LCs) since the political changeover on August 5 has resulted in the closure of at least seven enterprises owned by the S Alam Group, including its sugar and edible oil refineries and steel factory.
At least six tax officials, including the then tax commissioner, were involved in extending undue favour to two sons of controversial businessman Mohammed Saiful Alam to legalise undisclosed money worth Tk 500 crore, an investigation by the tax intelligence has found.
The Tejgaon Egg Merchants’ Association, which delivers about 15 percent of the daily supply of 1 crore eggs in the capital, stopped sales from Sunday night claiming it was to avoid harassment by the government authorities.
Ten companies of S Alam Group have been ordered to pay Tk 1,414 crore of unpaid value-added tax (VAT) they allegedly “evaded” in the past two years.
The prices of rice, eggs, broiler chicken, soybean oil, palm oil, sugar and vegetables have increased significantly in Dhaka due to a supply shortage and incessant rain.
Unloading of goods from larger vessels at the outer anchorage of Chattogram Port remains suspended due to rough seas since Friday, while trade at the Khatunganj-Chaktai wholesale hub has dropped significantly.
About half the imports through Chattogram port during fiscal year (FY) 2022-23 were made up of just 25 products that have industrial or household applications, according to data of the Chattogram Custom House.
The Bangladesh Cement Manufacturers Association (BCMA) has urged the Chattogram Custom House to cut the assessment value of three raw materials as their prices have fallen in international markets.
Chattogram Custom House has fallen short of its import tax collection target by around 17 per cent in the just-concluded fiscal year of 2022-23.
Bangladesh’s wheat market may see fresh volatility after Russia pulled out of a United Nations and Turkey-brokered deal that could turn the global grain market unstable, importers warn.
Bangladesh’s wheat market may see fresh volatility after Russia pulled out of a United Nations and Turkey-brokered deal that could turn the global grain market unstable, importers warn.
A landowner has been extracting and selling banned meat and bone meal (MBM) from a dumping station in port city, posing a serious health risk to humans.
Abul Hossain, a resident of the port city’s Hamzarbagh area, bought a cow from the Sagarika cattle market for Tk 1.30 lakh. The trader Abdul Hannan received the full amount from the digital transaction booth of city corporation sitting in the market.
Sugar prices have gone up at both wholesale and retail markets in Dhaka and Chattogram in a span of a week owing to tight supply and millers’ call for adjusting the price in line with rising global rates.
Chattogram rawhide traders want bank loans on easy terms to recover loses after the area’s 50 percent of tanneries have been closed due to the absence of a competitive market in the port city.
