Commerce Minister Tipu Munshi urges consumers

Sales will begin tomorrow

They want a profit margin of Tk 15-20 a chicken and Tk 0.25-0.45 an egg

22-carat gold will now cost Tk 91,095, down from Tk 92,263 made effective on February 5

The Directorate of National Consumers Right Protection sits with businesses and other stakeholders to discuss ways to curb spiral of essential commodities

“Because of the cutting and polishing, rice loses its nutritional value and it is being done by importing machines spending crores of taka. The government will take steps soon to stop it.”

Japan Bank for International Cooperation’s Governor Nobumitsu Hayashi expresses the interest

The immediate outlook for the new year is not as bad as had been predicted before. The Chinese economy is opening up, the industrialised West is adjusting and realigning their economies to the new realities, and a global economic recession does no longer seems inevitable.

The quantity of Ramadan essential commodities to be imported through letters of credit (LCs) increased in January, which will help keep the commodity market stable, Bangladesh Bank said today.

Tea production in Bangladesh decreased by nearly 3 per cent year-on-year in 2022.

Agriculture Minister Muhammad Abdur Razzaque has urged the developed countries to keep the food and agricultural inputs out of the purview of war and sanctions.

The global economic crisis and supply shortage may fuel energy prices in Bangladesh, but the local rates should be adjusted and decreased when the international prices fall, Dhaka Chamber President Barrister Md Sameer Sattar said today.

The average annual inflation in 2022 in Dhaka megacity was 11.08 per cent, a record high since 2011 with the middle-income group suffering most, said Consumers Association of Bangladesh (CAB) said today.

The latest gas price hike will increase the cost of production in the country, Khondaker Golam Moazzem, research director of the Centre for Policy Dialogue, told The Daily Star.

The farmers in Jashore Sadar upazila are all set to export 20 lakh pieces of cabbage to Malaysia, Singapore and Taiwan from the region for the first time.

The recent retail electricity tariff hike will ultimately create an additional economic burden on the smooth operations of the private sector and power intensive industries, Dhaka Chamber of Commerce and Industry (DCCI) President Barrister Md Sameer Sattar said.

The commerce ministry today requested the Bangladesh Bank for keeping a certain quota of US dollar to facilitate import of six essential commodities to ensure smooth supply of the goods during Ramadan.

Inflation eased for the fourth consecutive month as it hit 8.71 per cent in December thanks to the steady prices of most of the food items.

Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.

India has suggested that Bangladesh review the proposed import quota on several food items as the neighbouring nation believes the quantity sought as a guaranteed supply is too high.