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.
Eight edible oil importers sued for market manipulation
Bangladesh Competition Commission yesterday filed cases against eight importer companies for manipulating the production and supply of edible oil in the country.
100,400 litres of edible oil seized in Pabna
A mobile court in Pabna yesterday (May 11, 2022) seized 104,000 litres of soyabean oil from different grocery shops in the district.
Soybean oil crisis: Govt cracks down on hoarders
An annoyed Shovon Das was walking home with a five-litre bottle of soybean oil from Shaheb Bazar in Rajshahi city yesterday afternoon. He had paid Tk 985 for it even though the government set the price at Tk 760.
Over 92,000 litres of edible oil seized in Rajshahi
Police in a raid seized 92,616 litres of edible oil illegally stored at four warehouses and a truck at Baneshwar Bazar of Rajshahi's Puthia upazila today (May 10, 2022).
Refiners to find out if any dealer is involved in oil crisis
The Bangladesh Vegetable Oil Refiners & Vanaspati Manufacturers Association today said it will take action against the dealers if their involvement is found in creating an edible oil crisis.
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.
Eight edible oil importers sued for market manipulation
Bangladesh Competition Commission yesterday filed cases against eight importer companies for manipulating the production and supply of edible oil in the country.
100,400 litres of edible oil seized in Pabna
A mobile court in Pabna yesterday (May 11, 2022) seized 104,000 litres of soyabean oil from different grocery shops in the district.
Soybean oil crisis: Govt cracks down on hoarders
An annoyed Shovon Das was walking home with a five-litre bottle of soybean oil from Shaheb Bazar in Rajshahi city yesterday afternoon. He had paid Tk 985 for it even though the government set the price at Tk 760.
Over 92,000 litres of edible oil seized in Rajshahi
Police in a raid seized 92,616 litres of edible oil illegally stored at four warehouses and a truck at Baneshwar Bazar of Rajshahi's Puthia upazila today (May 10, 2022).
Refiners to find out if any dealer is involved in oil crisis
The Bangladesh Vegetable Oil Refiners & Vanaspati Manufacturers Association today said it will take action against the dealers if their involvement is found in creating an edible oil crisis.
Soybean oil at Tk 110 a litre for TCB cardholders
The Trading Corporation of Bangladesh (TCB) will resume selling soybean oil at Tk 110 a litre to one crore TCB cardholder families from next month, Senior Commerce Secretary Tapan Kanti Ghosh said yesterday.
