Stay updated with breaking news from Boron Saha. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The National Board of Revenue yesterday cut customs tariffs on rice, sugar and dates and lifted value added tax on edible oil in an effort to help the government boost supply and contain prices of the four commodities during the Ramadan next month.
It is peak harvest season, but the price of onion has soared by Tk 10 per kilogram at the capital’s kitchen markets over the last three days.
Rice price in Bangladesh is rising and the rate of coarse grain has crossed Tk 50 a kilogramme nearly after a year
Rice imports by the private sector in Bangladesh remain low despite five months having passed since the government started allowing local businesses to import the staple grain in a bid to rein in its spiralling prices in the domestic market.
Rice prices have edged up in Bangladesh in the last couple of days despite the cut in customs tariffs on the import of the staple food to 25 per cent to increase supply and contain prices.