The Ministry of Commerce has urged the National Board of Revenue (NBR) to withdraw customs duty on onion import, aiming to keep its price stable in the market. The ministry also urged the NBR to slash import duties on crude soybean oil, palm oil and sugar to cool the overheated domestic market. Read:Price hike in Bangladesh: Unseen sufferings of shy middle class The request was made at a meeting of the Ministry of Commerce at the Secretariat on Monday to keep the stock, supply, import and price situation of the commodities stable. “NBR has been requested to withdraw the import duty on onion, and reduce the duties on crude soybean, palm oil and unrefined sugar in public interest,” additional secretary to Import and Internal Trade division of the Commerce Ministry AHM Safiquzzaman said at the meeting.

Bangladesh’s electronics giant Walton has been showcasing and selling around 200 models of different types of home appliances like washing machine, room heater, geyser or water heater, oven, electric kettle, rice cooker, blender and juicer, induction cooker, electric lunch box, hair dryer, trimmer and shaver etc, which demands were increased sharply in the domestic market during the last couple of winters.