Although potato prices are generally cheap at this time of the year, the vegetable is now being sold at Tk 50-55 per kg, which is 57 per cent higher than last year. According to the Department of Agriculture Marketing's analysis of price lists for 2021, 2022 and 2023 on May 9, the highest price of […]
The senior commerce secretary cautioned that strict legal action would be taken against those who try to create artificial crisis in the market. Every year before the holy month of Ramzan, the Commerce Ministry usually takes special initiatives to monitor the supply and price list of essential commodities like rice, wheat, edible oil, sugar, pulses, […]
Local varieties of onions were being sold at 140-150 taka per kg, imported Indian onions at 120-130 taka per kg and newly arrived local varieties at 100-110 taka per kg. Onion prices rose by Tk 40-50 per kg overnight after India announced a ban on its onion exports to hit local markets. There was a […]
Low income and middle income people are facing the most problems due to the increase in prices of essential commodities in Bangladesh. They are living on credit or buying less essential things. The inflation rate has crossed 12 percent, which is the lowest in the last 11 years. Due to increase in the prices of […]
‘Everything is fine, but prices are high and life is very difficult now’
The supply of sugar, wheat, pulses and gram is dependent on imports and prices of these commodities are rising in the global markets. The rising dollar value also increases the import cost as the US dollar had increased from Rs 86 per dollar to Rs 105 per dollar before last Ramzan. Traders claimed that the […]
FBCCI President urged to issue receipts (invoices) for buying and selling of products at retail, wholesale market and intermediate level to keep the price of the products stable. “Thinking about the common people of the country, the business should be done in an orderly manner to keep the price of the products moderate. The mistrust […]
Commerce Minister Tipu Munshi on Wednesday said that the Deputy Commissioners (DCs) concerned have been asked to be vigilant so that no one manipulates the prices of essential commodities during the holy month of Ramzan. The minister said this while talking to reporters after a meeting with the deputy commissioners at Osmani Memorial Auditorium in […]
According to customs and port sources, one of the three cargo vessels, MT Super 40, arrived at the outer anchorage of Chattogram port on November 25 with 12,000 tonnes of palm oil from Malaysia. S Alam Super Edible Oil Ltd imported oil worth USD 12.4 million. More than 54 days have passed since the arrival […]
Business houses will now be able to import eight essential items on deferred payment basis as the central bank has announced such facilities with an aim to ensure smooth supply of these items during the upcoming holy month of Ramzan, reports BSS. These commodities are edible oil, gram, pulses, peas, onions, spices, sugar and dates.