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    Banks must check licences of petroleum importers

    Staff Correspondent | Updated at 12:05am on March 12, 2018

    Bangladesh Bank has instructed all banks to check petroleum importers’ licence criterion and validity before opening letter of credit with a view to containing import...

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    Cotton import surge raises capital flight suspicion

    Staff Correspondent | Updated at 09:56pm on January 13, 2018

    A surge in cotton import growth in recent months has raised suspicion of capital flight from the country...

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    Govt to import another 1.5 lakh tonnes of rice from India

    Staff Correspondent | Updated at 11:09pm on December 06, 2017

    The cabinet committee on government purchase at a meeting on Wednesday approved a proposal from the ministry of food to purchase one and half lakh...

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    Food grain imports soar by 124pc in July-Oct

    Staff Correspondent | Updated at 12:05am on December 01, 2017

    Despite slump in capital machinery import, country’s overall import payments rose by 6.96 per cent in July-October due to a sharp increase in food grains...

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    Govt okays import of another 1 lakh tonnes of rice

    Staff Correspondent | Updated at 12:05am on November 23, 2017

    The government would import one more lakh tonnes of rice through international tenders at an estimated cost of Tk 127.77 crore to increase stocks. A...

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    BB eases tenure of LCs for spare parts

    Staff Correspondent | Updated at 12:05am on November 20, 2017

    Bangladesh Bank has decided that the letter of credit authorisation forms (LCAF) issued for the import of spare parts shall remain valid for remittances for...

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    TIB submits draft gold policy to govt, suggests opening up import

    Jasim Uddin | Updated at 12:05am on November 20, 2017

    Transparency International Bangladesh has placed a draft policy on gold trade to the government suggesting reduction of import duty, full opening of import in phases...

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    Import payments for food grains soar by 186pc in Q1

    Staff Correspondent | Updated at 12:05am on November 03, 2017

    Country’s overall import payments inched up by 1.87 per cent in the first three months of the fiscal year 2017-18 amid a sharp increase in...

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    NBR opens up more LC stations for rice import

    Staff Correspondent | Updated at 11:48pm on October 30, 2017

    The National Board of Revenue has opened more land customs stations allowing rice import from neighboring India to increase the supply of rice in the...

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    Govt to import 2.5 lakh tonnes of rice

    Staff Correspondent | Updated at 12:49am on October 26, 2017

    The cabinet committee on national purchase at a meeting on Wednesday approved imports of 2.5 lakh tones of rice against the backdrop of supply shortage...

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