Bangladesh sugar, palm oil and date prices increase in spite of duty cut Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.
In order to boost supplies and contain prices of essential goods during the month of Ramadan, the government took measures to alleviate the burden on consumers by reducing value added tax and import duties on four commodities edible oil, sugar, dates and rice on February 8.
About half the imports through Chattogram port during fiscal year (FY) 2022-23 were made up of just 25 products that have industrial or household applications, according to data of the Chattogram Custom House.
The export of chemical and combustible products from Bangladesh has been halted once again as the only depot designated by the Chattogram customs authority to handle dangerous goods has failed to maintain the minimum safety standards.