TCB hikes sugar price

State-owned Trading Corporation of Bangladesh will start selling sugar from today to the family card holders for Tk 70 a kg, a rise by 16 percent or Tk 10 from the previous price.

Essentials’ Prices: Ministers should quit if they fail to break syndicates

State Minister for Industries Kamal Ahmed Majumder yesterday said ministers concerned should quit if they can’t break up syndicates controlling the economy and essentials’ market.

Cabinet okays draft law with provision for life term for hoarding

The Cabinet today cleared the draft of "Production, Storage, Transfer, Transportation, Supply, Distribution and Marketing of Food Products (Prevention of Prejudicial Activity) Act, 2023" keeping the provision of maximum lifetime imprisonment in the proposed law

Refiners seek duty cut on sugar import

Refiners have called for lower import duties on sugar and sufficient gas supply in factories to keep the commodity’s price normal during the upcoming fasting month of Ramadan.

Price hike of essentials: the poor have their back against the wall

Abdul Wahab, a security guard at an ATM booth of a private bank in the capital, works 16 hours a day.

Poor families suffer as OMS sale halted in 2 dists

The sale of essentials at subsidised prices under the OMS programme has been halted in Lalmonirhat and Kurigram since Thursday, putting several thousand poor families in distress.

Price Manipulation: 3 laws there, but not much enforcement

There are at least three laws and as many government bodies to protect the consumers from price manipulation, but it goes on unabated due to lax enforcement of the laws and a lack of coordination among the government organisations, say commodity experts.

Low-Income People: Decent meal a luxury this Ramadan

Taking Tk 300 from her rickshaw-puller husband, Moni Begum went to Mirpur-11 kitchen market in the capital yesterday in the hope of buying some good food for her three children to eat on the first day of Ramadan.

DNCC to monitor kitchen markets during Ramadan: Mayor Atiqul

Dhaka North City Corporation (DNCC) Mayor Md Atiqul Islam today said they would monitor the kitchen markets strictly to keep supply of daily essentials and its prices in a stable state during the month of Ramadan.

Chicken price unthinkable

With Ramadan less than a week away, the high prices of chicken and meat are not likely to come down anytime soon.

‘No antibiotic used in Bangladesh’s poultry’

Poultry operators say at an international poultry seminar in Dhaka

Rice market totally deceitful

“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.”

Govt raises sugar price 2 weeks after reducing it

The government yesterday increased the retail price of sugar by Tk 6 a kg citing high import costs due to dollars getting dearer.

Refiners slash soybean oil prices by Tk 14

Refiners yesterday slashed retail prices of soybean oil by Tk 14 a litre as its prices in the international market dropped and the government kept the reduced Value Added Tax (VAT) on it.

Essential commodities: Price rise for global hike not justified

Whenever the price of a commodity increases in the local market, the traders and wholesalers have the readymade excuse of a price hike in the international market. But a recent study by an intelligence agency found their justification to be unsubstantiated.

Essentials’ prices: 44 cases filed over market manipulation

Bangladesh Competition Commission has filed 44 cases against a host of individuals and organisations, accusing them of creating an artificial crisis that led to abnormal hikes in prices of items like rice, flour, eggs, poultry and toiletries.