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...
Tags : price
APPAREL, TEXTILE SECTORS: Trade bodies urge govt not to increase gas price
Apparel and textile sector trade bodies on Monday wrote to the interim government demanding suspending the plan to increase the price of gas for the industrial sector and captive power plants...
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...
Farmers reluctant to sell paddy to govt for low price
Farmers in the Rajshahi division are reluctant to provide paddy to the government warehouses, as the government has offered them far less than the market price to buy their produce...
US announces 15 more drugs for price talks
The aim is to reduce or eliminate the amount paid by beneficiaries of Medicare, a health coverage program available to Americans over the age of 65...
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...
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...
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...
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...
Govt should, rather, improve efficiency and end corruption
PETROBANGLA鈥橲 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...
INDUSTRIAL, CAPTIVE GAS SUPPLY: Gas price hike of up to 152pc proposed
The Bangladesh Energy Regulatory Commission is evaluating a Petrobangla鈥檚 proposal to increase by up to 152 per cent the price of gas supplied to industries and captive power plants...
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...
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...
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.
Extortion raises commodity prices: DMP commissioner
A senior police official on Saturday said that rampant extortion was causing the prices of essentials to rise.
Businesses鈥� influence on market too strong: Salehuddin
Finance adviser Salehuddin Ahmed on Wednesday said that the country鈥檚 businesses were very strong in terms of maintaining a marketing system which was almost impossible to break for checking commodity prices...
BNP leader Rizvi slams interim government over price hike, extortion
Bangladesh Nationalist Party senior joint secretary general Ruhul Kabir Rizvi on Sunday slammed the interim government for its failure to take adequate measures to reduce the prices of essential commodities and curb extortion...
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...
BSEC fines 20 individuals, entities Tk聽134.18cr
The Bangladesh Securities and Exchange Commission on Tuesday imposed fines of total Tk聽134.18 crore on 20 individuals and entities for manipulating share prices of Orion Pharma, Orion Infusions and Bangladesh Finance...
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...
Oil prices higher on China boost, Syria uncertainty
World oil prices jumped Monday on fresh moves by China to boost its聽economy聽and as traders tracked an uncertain future for Syria and the wider crude-rich Middle East...
Lessons from Syria鈥檚 struggle for freedom
THE question of who ousted Bashar al-Assad has dominated countless headlines, debates and think tank discussions. Yet, for the millions of Syrians whose lives have been shaped 鈥� and shattered 鈥� by decades of brutal governance, this question is a distraction. The real focus should be on the human cost of oppression, the erasure of freedoms and the...
Khayer, family members fined Tk 134.54cr for share price rigging
The Bangladesh Securities and Exchange Commission on Thursday fined Abul Khayer, also known as Hiru, and his family members a total of Tk聽134.54 crore for manipulating share prices of four companies...
Govt asks pvt sector to import, sell 3.92 lakh tonnes of rice by Dec 22
The government has allowed the private sector to import 3.92 lakh tonnes of rice within this month, aiming to keep rice price stable on the retail market across the country, according to the food ministry...
Bangladeshi people express concern over price hike: VoA survey
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...
Sri Lanka records highest deflation since 1961
Sri Lanka鈥檚 consumer prices fell by 2.1 per cent in November, the highest deflation rate recorded by the economically fragile island nation since 1961, official data showed Saturday...
Govt should break market cartels to contain prices
PEOPLE, especially the poor and the segments of the population with low, fixed and limited income, continue to suffer as prices of goods remain high. Prices of vegetables, onions, potatoes and edible oil remained high in the week ending on November 29. A slight decrease in prices of coarse varieties of rice, broilers and eggs in the week has, however, failed to make any noticeable difference for...
Low, middle income people endure long queues
People from lower to middle-class backgrounds endure long queues at the open market sales points of Trading Corporation of Bangladesh in Dhaka city as rising inflation pushed essential commodity prices higher...
LDC graduation unlikely to raise medicine prices, but may affect exports: study
Bangladesh鈥檚 graduation from the least developed country to a developing one, in itself, is unlikely to increase the prices of medicine on the local market, but it may affect the exports of the products, according to a study...
TCB starts selling potatoes at Tk 40 a kg
The state-run Trading Corporation of Bangladesh has started selling potatoes at Tk 40 a kilogram alongside its regular commodities in an effort to control the market prices...