The same trend is being seen with pulses also. 229,000 tonnes of pulses have been imported in the last two and a half months, which is about 43 percent more than the same period last year. The demand for gram during Ramzan is around 100,000 tonnes. In the last two and a half months, 159,000 […]
Inflation in Bangladesh has remained high for the past two years, hovering above 9 percent. Despite various measures taken by the government to curb inflation, none of them have yielded the desired results so far. Instead, the rate has increased. High inflation rate has become one of the toughest challenges for the government and the […]
Prime Minister Sheikh Hasina has ordered the Minister of State for Commerce to start strictly monitoring market conditions. The Prime Minister gave this order during an unscheduled discussion in the cabinet meeting on Monday. A meeting was held in the Prime Minister's Office (PMO) this morning under the chairmanship of Prime Minister Sheikh Hasina. Later, […]
He said moderate shortage in supply of green chillies is a common phenomenon of this season, prompting authorities to meet consumer demands with imports. This year, prices started rising a month before Eid-ul-Azha, an occasion that traditionally sees a rise in prices. Last year during this season it had risen to a staggering Tk 700 […]
In a statement to Reuters, the regulator, New Zealand Food Safety, said it was aware of the overseas recall. “Ethylene oxide is a chemical that causes cancer in humans, and its use to disinfect food has been discontinued in New Zealand and other countries. Since MDH and Everest Spices are also available in New Zealand, […]
However, analysis of agricultural marketing department information shows that currently rice prices in three divisional towns – Rajshahi, Rangpur and Sylhet are cheaper than the newly determined minimum price of rice. In Rajshahi, the price is Tk 45, and in Rangpur and Sylhet it is Tk 46. Questions are being raised on fixing the same […]
The flyover was constructed under the Bus Rapid Transit (BRT, Airport-Ghazipur) project. “Is boycott of Indian products possible? In the present context of Bangladesh and India, transactions and exchanges of essential goods… the proposal of boycott is unrealistic. In fact, they want to destroy the country's achievements in the name of boycotting Indian products,” Obiadul […]
“Almost all BNP leaders have been released from jail on bail. Where is the oppression here? Is this not a contradictory statement?” He asked question. Regarding power import from Bhutan, the AL Secretary General said that he feels that India will not object to importing power from Bhutan using Indian territory. He said that the […]
The Bangladesh Shop Owners Association said the prices of 29 food products, including fish, meat, eggs, pulses and vegetables set by the Department of Agricultural Marketing (DAM) at the producer, wholesale and retail levels are absurd. The association also said that the prices estimated by DAM at the producer level are a figment of their […]
There are some examples where common investors have suffered the most losses in the last two years. The share price of Sea Pearl Beach Resort, which was Tk 44 in July 2022, rose rapidly and reached more than Tk 320 within six months. Inspired by the good returns, some ordinary traders invested in the stock […]
The Agricultural Marketing Act specified profit margins for each level of the supply chain, and the department prepared price charts accordingly. For example, the production cost of beef is 588 taka per kilogram. The department estimated reasonable profits and some additional costs and fixed the selling price at Tk 605 per kg at the production […]
In 2022, the government increased duties on imported dates in an effort to keep imports under control. It consisted of 25 percent import duty, 15 percent VAT, 5 percent advance income tax, 5 percent advance tax and 3 percent regulatory duty. The total tax burden was 59 percent. Recently, the government cut import duty by […]