Govt plans to cut duty on rice import

The government is considering reducing the import duty on rice in an effort to stabilise rice prices in the country. Sources at the finance, commerce, and food ministries indicate that this decision is being contemplated due to recent floods that severely impacted paddy cultivation. Major agricultural areas, including Chattogram, Feni, Noakhali, Laxmipur,

Cabinet body clears LNG, rice import plan

The Cabinet Committee on Public Purchase approved seven proposals including the import of liquified natural gas (LNG) from a Swiss company and rice from an Indian company. Finance Minister AHM Mustafa Kamal presided over the meeting. State-owned Petrobangla, under the Energy and Mineral Resources Division, will import the 3.360 million MMBtus of

Govt to import 3.5 lakh MT more rice

The government will import 350,000 metric tons of rice more in the coming days as the Cabinet Committee on Economic Affairs gave its nod in principle to a proposal of the Directorate General of Food on Wednesday. The Cabinet Committee on Public Purchase also approved two separate proposals for the import