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.

Sugar price to go up by Tk 5 a kg from Feb 1

Refiners are set to raise the price of sugar from February 1, their second hike in three months, as the higher price of unrefined sugar in the global market and depreciation of taka continue to push up their production costs.

Seven reasons behind the sugar crisis

The Directorate of National Consumers Right Protection has identified seven reasons behind the price hike and shortage of sugar, including gas crisis, not mentioning price in sales invoices and complications in opening letters of credit.

India’s export duty hike: Domestic rice market unlikely to be affected

India’s imposition of 20 percent duty on rice export is unlikely to affect prices of the staple in Bangladesh, according to local traders.

Maintain austerity as prices of essentials shoot up: PM   

Prime Minister Sheikh Hasina today (September 1, 2022) reiterated her call to the countrymen to put concentration on boosting food production, savings and showing austerity in all stages in the wake of global crisis.

Soybean oil officially up Tk 7-9 a litre

The government yesterday hiked the price of soybean oil for the fourth time this year even though the price of the product in the international market held steady in the past month.

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.

4d ago

Sugar price to go up by Tk 5 a kg from Feb 1

Refiners are set to raise the price of sugar from February 1, their second hike in three months, as the higher price of unrefined sugar in the global market and depreciation of taka continue to push up their production costs.

1w ago

Soaring Prices of Essentials: Low-income people hit hard

Riazul Haque, manager of a wholesale rice shop in the capital’s Mirpur, usually goes to Kachukhet kitchen market with Tk 500 every Friday.

2w ago

Govt to buy 2.75cr litres of Soybean oil from local suppliers

The government will buy 2.75 crore litres of Soybean oil from local suppliers for Tk 184-186 per litre.

Rice Price Hike: JS body for action against those responsible

Expressing resentment over the hike in rice prices despite high yields of paddy, the parliamentary standing committee on agriculture ministry yesterday asked senior officials of the agriculture ministry to identify and take action against those responsible.

Deadline extended for rice import at reduced tariff

The National Board of Revenue (NBR) has extended the scope for traders to import rice at reduced tariff by three months to March 31 next year to facilitate increased supply of the staple food and contain its prices in the local market.

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.

Seven reasons behind the sugar crisis

The Directorate of National Consumers Right Protection has identified seven reasons behind the price hike and shortage of sugar, including gas crisis, not mentioning price in sales invoices and complications in opening letters of credit.

Gas crisis blamed for high price of sugar

Sugar has become dearer with prices going up by Tk 15 a kg at retail markets as millers cut supplies blaming insufficient gas flow at refineries.

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.