Edible oil
Govt likely to reduce VAT on edible oil
Tariff commission recommended reducing VAT on imports of oil to 10 percent
Govt to buy edible oil, lentil worth Tk 350cr
The government yesterday decided to buy edible oil and lentils worth Tk 350 crore from five local firms in order to sell them among the poor and low-income people at subsidised rates.
India to allow edible oil imports at lower duty until March 2025
The lower import duty structure on crude palm oil, crude sunflower oil and crude soyoil was set to expire in March 2024
Agribusiness bears highest potential among emerging sectors
Agribusiness in Bangladesh, including food processing and associated machinery production, has the highest potential among eight emerging sectors, with domestic market sales estimated to reach $8 billion by 2025, according to Bangladesh Investment Development Authority (Bida).
Price of 1-litre bottle of soyabean oil raised by Tk 12
Loose soyabean oil price up Tk 9 per litre, 5-litre bottle up Tk 54
Oilseed cultivation spreading quickly
Farmers across two coastal districts of Bangladesh, namely Patuakhali and Barguna, as well as Tangail are increasingly growing oilseed crops in a bid to profit from the ever-higher prices of edible oil.
NBR likely to keep 5pc VAT on edible oil imports until Sept 30
The National Board of Revenue (NBR) is likely to provide a scope to edible oil refiners to import the essential cooking ingredient by paying only 5 per cent Value Added Tax (VAT) until September 30, an official said today.
Edible oil: Prices drop in global markets, not at home
Even though prices of loose palm and soybean oil have dropped in wholesale markets, consumers are not being able to reap the benefits as retailers are still selling those at the government-fixed prices.
Increased mustard oil production: A solution to edible oil crisis
There is a huge hue and cry about the recent unprecedented price hike of soybean oil.
Govt likely to reduce VAT on edible oil
Tariff commission recommended reducing VAT on imports of oil to 10 percent
Govt to buy edible oil, lentil worth Tk 350cr
The government yesterday decided to buy edible oil and lentils worth Tk 350 crore from five local firms in order to sell them among the poor and low-income people at subsidised rates.
India to allow edible oil imports at lower duty until March 2025
The lower import duty structure on crude palm oil, crude sunflower oil and crude soyoil was set to expire in March 2024
Agribusiness bears highest potential among emerging sectors
Agribusiness in Bangladesh, including food processing and associated machinery production, has the highest potential among eight emerging sectors, with domestic market sales estimated to reach $8 billion by 2025, according to Bangladesh Investment Development Authority (Bida).
Price of 1-litre bottle of soyabean oil raised by Tk 12
Loose soyabean oil price up Tk 9 per litre, 5-litre bottle up Tk 54
Oilseed cultivation spreading quickly
Farmers across two coastal districts of Bangladesh, namely Patuakhali and Barguna, as well as Tangail are increasingly growing oilseed crops in a bid to profit from the ever-higher prices of edible oil.
NBR likely to keep 5pc VAT on edible oil imports until Sept 30
The National Board of Revenue (NBR) is likely to provide a scope to edible oil refiners to import the essential cooking ingredient by paying only 5 per cent Value Added Tax (VAT) until September 30, an official said today.
Edible oil: Prices drop in global markets, not at home
Even though prices of loose palm and soybean oil have dropped in wholesale markets, consumers are not being able to reap the benefits as retailers are still selling those at the government-fixed prices.
Increased mustard oil production: A solution to edible oil crisis
There is a huge hue and cry about the recent unprecedented price hike of soybean oil.
Drives against oil hoarders alone will not work
The situation is really concerning and the government must do everything to keep the cooking oil market stable.