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Refiners press for edible oil price hike despite global fall

Dhaka, Jan. 18 -- Local refiners pressed the government twice this month to raise edible-oil prices despite a falling trend in prices in the global market in recent weeks, sources say. This came afte... Read More


Govt plans to impose duty on onion import

Dhaka, Jan. 16 -- The government plans to impose tariff on onion import with an eye to protecting the interest of domestic farmers, sources said. To this end, the agriculture ministry has written to ... Read More


BPDB seeks Tk 80b urgent subsidy payment from government

Dhaka, Jan. 15 -- The Bangladesh Power Development Board (BPDB) has sought a Tk 80 billion urgent fund from the government to maintain uninterrupted power supply across the country. The government ow... Read More


Ministry seeks Tk 26.51b urgent fund for OMS prog

Dhaka, Dec. 27 -- The food ministry has sought a Tk 26.51- billion emergency allocation to continue the subsidised open market sale (OMS) of key essentials without interruptions, sources said. It rec... Read More


TCB plans to buy 240m litres of palm oil from Malaysia

Dhaka, Dec. 18 -- Due to lack of local suppliers, Trading Corporation of Bangladesh (TCB) has planned to purchase 240 million litres of palm oil from Malaysia under government-to-government (G2G) arra... Read More


Scam-hit Janata Bank seeks Tk 200b urgent bailout

Dhaka, Dec. 11 -- Hit by alleged big-business lending scams, the state-owned Janata Bank has sought some Tk 200 billion in an urgent bailout as its capital base plummeted into negative territory, sour... Read More


Foreign mission employees' children's edn and MoFA's capricious demand

Dhaka, Dec. 6 -- Bangladesh's foreign mission officials are entitled to a maximum annual education allowance of US$20,000 for two children studying abroad. Now, they are seeking similar facilities, e... Read More


Refiners keep pushing for edible oil price hike

Dhaka, Dec. 4 -- Local refiners in recent months have pressed the government several times to increase edible-oil prices in the light of the substantial price rise in the international market, industr... Read More


Cold storage owners for storing 1m tonne potato annually

Dhaka, Nov. 29 -- Cold storage owners have suggested the government procure and preserve one million tonnes of potatoes annually to control artificial price hikes of the widely-consumed item, sources ... Read More


Sonali Bank urges govt to issue TK 60b bonds

Dhaka, Nov. 27 -- Sonali Bank PLC has requested the government to issue bonds worth Tk 60 billion to settle outstanding loans of the sugar mills and Bangladesh Sugar and Food Industries Corporation (B... Read More