Mohammad Suman

Move is part of wider trade tax reform as Bangladesh prepares for LDC graduation

Imports from the US have more than doubled in the first four months of the year, as Bangladesh scrambles to shrink the bilateral trade deficit.

Imports halve year-on-year, retailers receive under 40% supply, consumers pay up to Tk 15 above govt rate per litre

An acute shortage of ammonia has closed down production at the state-owned DAP Fertilizer Company Limited (DAPFCL), marking a fresh setback for the country’s fertiliser supply chain, officials said.

Bangladesh’s octane stock is set to reach near full storage capacity after a fresh consignment of 25,000 tonnes anchored at the outer anchorage of Chattogram Port last night.

Fresh 25,000‑tonne consignment pushes stock to 55,500 tonnes against 53,000‑tonne capacity

The bustling trading hub of Chaktai–Khatunganj in Chattogram -- one of the country’s oldest and largest wholesale markets -- once used to come alive a week before Pahela Baishakh to observe Halkhata, a thousand-year-old tradition.

With usable crude stocks nearly exhausted amid import disruptions due to US-Israel war on Iran, the Eastern Refinery Ltd (ERL) has been kept running by drawing from “deadstock”, residual crude settled at the bottom of storage tanks that can only be used in limited quantities in emergencies.