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Tags : price


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NBR clarifies instructions on VAT cut on supershop purchases

The National Board of Revenue, in an instruction issued on Tuesday, clarified that supershops selling goods at the maximum retail price cannot charge an additional value added tax from their customers as the VAT will be included in the retail prices or MRP...

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Competition Commission fines farm for egg price manipulation

The Bangladesh Competition Commission has fined People's Poultry and Hatchery Ltd Tk 7,202,973 for conspiratorial collusion, limiting or controlling the production, supply, and market system, and abnormally determining the purchase or sale price of eggs...

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Gas price hike will deter investment: businesses

The country’s business leaders strongly criticised the government’s proposal to raise gas prices by 150 per cent for new industries and industrial expansion, calling it a discriminatory move that could deter future investors and make Bangladesh less attractive for business...

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Commerce ministry fines 7 grocery shops

Two market monitoring teams of the Ministry of Commerce on Wednesday fined seven grocery shops in a bid to keep stable the prices of essentials...

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Ceramic businesses ask not to hike gas price

The country’s ceramic manufacturers urged the government not to increase the price of gas and demanded that necessary steps be taken to ensure uninterrupted gas supply to the ceramic industry...

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Govt increases fuel prices by Tk 1 per litre from Feb 1

Bangladesh interim government has increased the prices of all four types of petroleum fuel by Tk 1 per litre, effective February 1, according to a gazette notification from the Energy and Mineral Resources Division.

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Shell annual profit drops

British energy giant Shell on Thursday announced a 17-per cent drop in annual net profit owing to weaker oil and gas prices as well as asset write-offs...

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Dhaka, Ctg stocks fall

The Dhaka Stock Exchange and Chattogram Stock Exchange closed lower on Thursday with major indices declining as most traded companies saw share prices falling...

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BAPA warns of protests over VAT, gas price hikes

The Bangladesh Agro Processors Association has called on the government to withdraw the increased VAT and taxes on processed food products and cancel the proposed gas price hike within seven days...

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Gold price rises to Tk 1.39 lakh a bhari

The Bangladesh Jewellers Association has increased the price of gold on the local market, with the price of 22-carat gold rising by Tk 1,155 a bhari to Tk 1,39,443...

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LPG price hiked after VAT structure change

The price of liquefied petroleum gas has been slightly raised following a change in the structure of the value-added tax by the National Board of Revenue, according to the Bangladesh Energy Regulatory Commission...

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Business leaders raise concern over gas price hike

Business leaders have raised serious concerns to the Bangladesh Bank Governor over the proposed hike in gas prices, along with a host of other economic challenges that are increasingly hindering operations...

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Govt should, rather, improve efficiency and end corruption

PETROBANGLA’S proposal seeking an increase in gas prices supplied to industries and captive power plants by 152 per cent and 140 per cent respectively, which the government says is unpleasant and unavoidable, is worrying in that industrialists say that such a move would increase production cost that will eventually fall on consumers. Whilst the...

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Supply chain problems behind rice price hike: adviser

Finance adviser Salehuddin Ahmed on Tuesday said that not all but the price a specific variety of rice increased on the local market and blamed that supply chain management problems were behind the price hike...

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Global food prices drop 2.1pc in 2024: FAO

Global food prices fell by 2.1 per cent in 2024 compared to the average for the previous year, mainly due to declines in cereal and sugar prices, according to the latest report released Friday by the United Nations Food and Agriculture Organization...

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World food prices dip 2pc in 2024: FAO

World food commodity prices declined by 2.1 per cent in 2024 compared to the previous year, the FAO said on Friday, but they remain considerably higher than before the Covid pandemic.

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US wholesale prices pick up in Nov

US producer inflation climbed in November, government data showed Thursday, logging its biggest year-on-year increase since February 2023 as food costs jumped...

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BSEC fines 20 individuals, entities Tk 134.18cr

The Bangladesh Securities and Exchange Commission on Tuesday imposed fines of total Tk 134.18 crore on 20 individuals and entities for manipulating share prices of Orion Pharma, Orion Infusions and Bangladesh Finance...

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Inflated data impeded effective policy making: adviser

Commerce adviser Sk Bashir Uddin on Tuesday said that the government was facing challenges in stabilising the prices of essential commodities, saying that there were lack of accurate data on production and demand and the discrepancies continued to impede effective policy making...