The government has introduced an automatic pricing mechanism for fuel oils in line with global market prices. Thanks to the development, there has been a slight decline in fuel prices in the local market. According to a gazette notification issued by the Ministry of Power, Energy and Mineral Resources on Thursday, diesel and kerosene prices […]
The new price of soybean oil is going to be implemented from tomorrow, Friday, which will be reduced by 10 taka per liter. The decision was taken at a meeting of the task force on monitoring of market situation and commodity prices at the Commerce Ministry on February 20, which was chaired by state Commerce […]
Like sugar, prices of rice, pulses, edible oil, flour, onion, fish, meat and eggs are still high in the market. Every year in February the prices of winter vegetables reduce significantly. But this year the picture was opposite. Overall, people are not at peace. In its election manifesto announced ahead of the 12th parliamentary elections […]
Just as the political leadership of Bangladesh is unable to reach a consensus on any domestic issue, similarly they are equally adamant on foreign policy issues. BNP leaders say the border with Myanmar is turbulent and unsafe due to the government’s subservient foreign policy. On the other hand, Awami League leaders are not ready to […]
Guti Gold variety rice is now priced at Taka 2,400 per bag and Taka 48 per kilogram, up from Taka 2,200 and Taka 44-45 respectively a week ago. Swarna-5 prices increased by Tk 250 to Tk 2,600 per bag and by Tk 5 to Tk 52 per kg. Additionally, the per kg price of Miniket […]
If customers in the market are charged extra for items, a complaint can be lodged by calling the number ‘333’. After that, steps will be taken accordingly. This service will be activated within 31 January. State Minister for Posts, Telecommunications as well as Information and Communication Technology Junaid Ahmed Palak announced the decision during a […]
A journalist asked how the Finance Ministry could coordinate with the Commerce Ministry in market monitoring. The Finance Minister replied that the Finance Ministry will not work alone and it will work in coordination with others. Asked about controlling money laundering and currency devaluation, the Finance Minister said, “Let us see what can be done […]
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, […]
Bangladesh’s food grain production targets for 2022-23 have been slightly underachieved, according to a World Bank report. The government is making purchases for buffer stock. As of December 10, stocks of food grains (rice and wheat) stood at 1.85 million tonnes, up from 1.76 million tonnes in June. The government has purchased 11 percent more […]
Bangladesh Awami League has released its manifesto for the 12th parliamentary election, focusing on 11 issues, including ensuring affordable commodity prices and creating jobs. With the theme of Smart Bangladesh, the party put forward a manifesto with the slogan ‘This time solid development, employment will increase’, giving special priority to 11 issues.
Mohammad Mamun, a vegetable trader at Palashi Rasoi market, told Prothom Alo, “There was good supply of vegetables and prices also fell, but after the supply reduced, wholesale prices increased, which affected retail prices.” “Since customers are holding them accountable, they feel a little uncomfortable.” The price of tomatoes at this time of the year […]
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 […]
Cabinet Secretary Mohammad Mehboob Hussain told this to the media at a press conference held on Monday afternoon to unveil the decisions taken in the morning cabinet meeting. Prime Minister Sheikh Hasina chaired the meeting in her office (PMO).Mehboob Hussain also told the media that this issue was not on the agenda of today’s cabinet […]
Bangladesh stands not only as an important onion market but also as the world’s leading onion importer in terms of volume. This difference is based on a comparison of country-wise onion import data. According to the National Board of Revenue (NBR), Bangladesh imported a staggering 727,000 tonnes of onions in 2022, overtaking all other countries […]
Raids in markets to control onion prices