Trade

TCB begins truck sale of essentials today

TCB begins truck sale of essentials today

The Trading Corporation of Bangladesh (TCB) will begin its truck sale drive of some key commodities today (Sunday) across the country, the state-owned agency said in a press release. Under the drive, around 500 poor people would be able to buy some selected essential items from each of 128 trucks

US licenses Nvidia to export chips to China, official says

US licenses Nvidia to export chips to China, official says

The commerce department has started issuing licenses to Nvidia to export its H20 chips to China, a US official told Reuters on Friday, removing a significant hurdle to the AI bellwether's access to a key market. The US last month reversed an April ban on the sale of the H20 chip to China. The comp

Syndicates active in fertiliser price hike, artificial shortages

Syndicates active in fertiliser price hike, artificial shortages

Syndicates of fertiliser dealers and transport operators are driving volatility in the fertiliser market recently by creating artificial shortages and selling at prices much higher than government-set rates, a government intelligence report has revealed. The report has also warned that fertilisers

BTRC reinstates ban on single-band router import, production

BTRC reinstates ban on single-band router import, production

The Bangladesh Telecommunication Regulatory Commission (BTRC) has revoked its earlier decision to suspend the ban on importing, producing, and marketing single-band Wi-Fi routers, effectively reinstating the restriction. A single-band router is a Wi-Fi router that operates only on one frequency ba


TCB to begin mobile truck sales of essentials from Sunday

TCB to begin mobile truck sales of essentials from Sunday

The Trading Corporation of Bangladesh (TCB) will begin selling essential commodities in the capital and some other places from Sunday. This programme will continue alongside its regular sales to smart family cardholders at subsidised rates, UNB reports citing a TCB press release.  The sales

Rice procurement faces disruption due to 0.5pc source tax

Rice procurement faces disruption due to 0.5pc source tax

Rice procurement activities across the country are facing disruptions following the imposition of a 0.5 per cent source tax on domestic rice procurement, according to an official document. The document was placed in a recent meeting of the Food Planning and Monitoring Committee (FPMC) held at the

US licences Nvidia to export chips to China

US licences Nvidia to export chips to China

The commerce department has started issuing licenses to Nvidia to export its H20 chips to China, a US official told Reuters on Friday, removing a significant hurdle to the AI bellwether's access to a key market. The US last month reversed an April ban on the sale of the H20 chip to China. The comp

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