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# PDB, REB in tussle over supplying electricity # Industries prefer power from PDB as REB lacks capacity to feed large industries Despite the growing interest of investors in Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN), the supply of electricity to the industries has emerged
The hike had come about on April 25. It took one-litre bottles of branded soybean oil to Tk 144 from Tk 139, that sold loose to Tk 122 and a five-litre branded bottle Tk 685, up from Tk 660 not long before. Loose palm oil will cost Tk 113. This is the fifth rise in three months, reasoned as a ripple effect from international markets. Another hike has been proposed as international rises are leading to losses, said Md Shafiul Ather Taslim, director for finance and operations at TK Group, a leading importer and processor of essential goods. "A government decision is likely within a week," he ...
Edible oil prices have risen for a third time in two months, making it even more difficult for low-income groups to afford the essential cooking ingredient amidst the ongoing coronavirus pandemic. "The retail price of edible oil has been raised by Tk 5 per litre," said Md Shafiul Ather Taslim, director for finance and operations at TK Group, a leading importer and processor of essential goods. As such, local importers and processors hiked the retail price of branded soybean oil to Tk 144 from Tk 139 per litre while the cost of a five-litre bottle was set at Tk 685, up from Tk 660 not long ago...
Advance tax lifted for crude soybean, palmolein import Star Business Report Star Business Report The National Board of Revenue (NBR) yesterday exempted import of crude soybean and palm oil of a 4 per cent advance tax (AT) to contain prices during Ramadan, the month of fasting for Muslims. Though the move will alleviate the need for working capital and interest rate burden for refiners, it is unlikely to help reduce prices of edible oil which is at a high level now, said two leading processors. "It is a good move. But we do not count this as expenses...
TK Group fined Tk 3.2 lakh for razing hills in Ctg Photo: Mostafa Yousuf Star Digital Report Star Digital Report Department of Environment (DoE), Chattogram (metro) fined TK Group Tk 3.2 lakh for razing hills at Soloshahar area of the port city. The fine was imposed after a hearing at DoE Khulshi office today. Mohammad Nurullah Nuri, director of DoE Chattogram (metro) told The Daily Star that on a tip off, a team of DoE visited the spot at Summer Hill area of Soloshahar where they found a portion of hill was razed to construct building. Aminul Haqu...