Synopsis Bangladesh received a lowest offer of $477 per tonne for 50,000 tonnes of rice from India in a tender aimed at securing supplies after devastating floods. While the offer
The NBR reduced the import tax on rice from 62.5% to 2% through two separate statutory regulatory orders (SROs) on 20 October and 31 October. The National Board of Revenue (NBR)
Bangladesh Sangbad Sangstha . Dhaka The National Board of Revenue has lifted all import and regulatory duties on rice to ensure food security and control prices for the common
Fakhrul Islam & Rajib AhmedDhaka The price of rice is increasing in the market, and more concerning is that recent heavy rains and flash floods from upstream countries,
The commission’s report notes that, due to a potential rice shortage, the government lowered the import duty from 62.5% to 25% on 20 October. The Bangladesh Trade and Tariff
Ministry of Food plans to propose lowering tariff to 5%. It has been over a week since the government allowed private imports of rice with reduced tariffs to alleviate consumer
Rice traders in Bangladesh are less interested in importing the grain despite the recent slash in related tariffs as they do not believe there is enough of a profit margin because
After an increase in July-August, rice prices are rising again. Within a week, prices of various types of rice have increased by Tk 2 to 4 per kg. Some traders say the price is
Floods in Bangladesh have destroyed 1.1 million tons of agriculture led to rising food prices. Bangladesh is grappling with an agricultural crisis as catastrophic floods have
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