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Tariff, policy hurdles bane of toy exports

Bangladesh's toy industry has shown promise but continues to fall short of its global potential, largely due to tariff barriers, infrastructure gaps, and the absence of a supportive policy framework, according to industry leaders.Stakeholders at a focus group discussion in Dhaka on Tuesday stressed that unless these challenges are addressed,...

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Edible oil refiners eye export of surplus soya meal

The country's edible oil refiners are seeking to export soybean meal, as local production has exceeded domestic demand by more than twice, creating a significant surplus, according to industry sources.The Bangladesh Vegetable Oil Refiners and Vanaspati Manufacturers Association (BVORVMA) has formally requested the Ministry of Commerce to direct the Bangladesh...

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Govt allows export of 58,000 tonnes of rice bran oil

The government has allowed the export of 58,000 tonnes of rice bran oil by 23 producers. Each oil producer is permitted to export between 500 and 10,000 tonnes of the cooking oil, with the authorisation valid until November 30, 2025, according to the commerce ministry's circular issued on Tuesday. This...

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Jet fuel supply thru' pipeline to Ctg airport starts

CHATTOGRAM, Sept 23: Transportation of jet fuel from Patenga to Chittagong airport through a pipeline began on Tuesday. The project has been implemented at a cost of Tk 170 million with the aim of supplying fuel oil to aircraft in a modern, environmentally friendly, time, and cost-saving manner.Previously, the cost...

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171 foreign commercial ships docked at Mongla Port

KHULNA, Sept 23 (BSS): Mongla Port, the second largest sea port in the country, witnessed the anchoring of 171 overseas commercial ships in the last two and a half months boosting its revenue earnings.Of the ships, 12 were carrying 8,514 TEUs of containers while 2,118 different brand cars were imported...

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Indonesia, EU sign long-awaited trade deal

DENPASAR, Indonesia, Sept 23 (AFP): Indonesia and the European Union finalised negotiations on a trade agreement Tuesday after nearly a decade of talks, a senior minister said.The Indonesia-European Union Comprehensive Economic Partnership Agreement (CEPA) is the third deal Brussels has signed with Southeast Asian countries, after Singapore and Vietnam.The pact...

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Al-Arafah Islami Bank holds discussion with Hajj agency representatives

Al-Arafah Islami Bank held a discussion on 'Hajj Management' with representatives of Hajj agencies. Managing Director (Current Charge) of the bank Mohd. Rafat Ullah Khan was present as the chief guest at the event held at a hotel in the capital on Monday. Hajj Agencies Association of Bangladesh (HAAB) Secretary...

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Prime Bank Foundation provides fund for Cancer & Kidney Center

Prime Bank Foundation, under the CSR program of Prime Bank PLC, has provided financial assistance to establish the Khalil-Malik Cancer and Kidney Screening Centre in Chuadanga to provide free cancer and kidney treatment for underprivileged communities. A formal cheque handover ceremony was held at Prime Tower in Dhaka on Tuesday....

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