Govt trying to demolish syndicates: adviser
Despite government’s sincere efforts to demolish syndicate, the unholy alliance is still active in the market to manipulate the price of essentials.
Despite government’s sincere efforts to demolish syndicate, the unholy alliance is still active in the market to manipulate the price of essentials.
The prices of some essential commodities, including vegetables, potatoes, onions and eggs, decreased slightly while many others remained pricey on the kitchen markets in the capital Dhaka over the week ending Friday.
Finance adviser Salehuddin Ahmed on Wednesday said that the country’s businesses were very strong in terms of maintaining a marketing system which was almost impossible to break for checking commodity prices...
Amid overheated local markets, another shipment of 1,900 tonnes of potatoes arrived in Bangladesh from neighbouring India, officials said on Wednesday...
The government has exempted all edible oils including canola and sunflower oil from duty, tax and VAT until March 31, 2025, aiming to increase market supply...
The price of soya bean oil has remained high despite the government raising it by Tk 8 per litre, while supply inconsistencies of the essential cooking ingredient continued to trouble Dhaka’s kitchen markets over the week ending Friday.
The government has raised the prices of both the soya bean and palm oil by Tk 8 a litre as per the demand from the businesses to align price with international market rates...
Bangladesh interim government chief adviser’s press secretary Shafiqul Alam on Sunday the interim government has been taking required steps to keep adequate supply of edible oil during the forthcoming holy month of Ramadan, stressing that there is no crisis in the market right now.
Kitchen markets in Dhaka are in the grip of an edible oil crisis, with chaotic price fluctuations and supply inconsistencies disrupting daily life of low-income consumers, who are already struggling with rising inflation.
Many people in Bangladesh believe that the interim government has faced challenges in managing the rising prices of essential commodities compared to the previous Awami League government, says a survey conducted by Voice of America Bangla...
Vegetables, onions, potatoes and edible oil continued to be sold at high prices, while the prices of coarse rice, broiler chicken and eggs dropped slightly on Dhaka’s kitchen markets over the week ending Friday.
Bangladesh has requested Malaysia to take necessary measures as early as possible to supply refined palm oil to Bangladesh through the Trading Corporation of Bangladesh under the support of the Malaysian government ahead of the holy month of Ramadan...
Import of onion and potato from India through the Hili land port remained suspended since Monday as the West Bengal government of India stopped slot booking for the exports of onion and potato on Sunday afternoon...
Bangladesh imported 6,520.21 tonnes of rice from India through Bhomra land port in Satkhira over the past 8 days that authorities hope would help stabilise the country’s rice market.
The prices of potatoes continued to rise while some of the vegetables have been getting costlier on the kitchen markets in the Dhaka city over the week ending Friday.