All-out effort to tame rice prices
The government yesterday slashed the import duty on rice and is also working to import about 12 lakh tonnes of food grain including rice as it looks to rein in the price of the staple amid a cost of living crisis.
Sugar price hike: JS body slams two ministers
A parliamentary watchdog yesterday came down heavily on Industries Minister Nurul Majid Mahmud Humayun for the price spiral of sugar despite ample supply of the commodity.
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.
Punish egg market manipulators
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has demanded punitive measures against anyone found manipulating prices in the domestic egg market.
Poor, middle class: Soaring rice price deepens their plight
Azmat Ali is a daily wage earner in the northern district of Lalmonirhat. Just a week ago, he bought coarse rice for Tk 44-45 a kg. But yesterday he found the price of the staple rose to Tk 52.
Price hike of essentials: Crooked traders to blame
The government is taking a host of measures to cool down the overheated prices of essentials in the wake of the record fuel price hike earlier this month, which is expected to escalate the already elevated official inflation figures.
Rice prices go up again
People’s struggle to cope with the escalating cost of living continues as the price of rice increased yesterday for the second time in just four days.
Further blow to consumers
People struggling to keep up with rising prices of essentials have to spend even more on food since the government hiked fuel prices a week ago.
Diesel driving up prices of vegetables
The recent hike in diesel price increased truck fares by 22-25 percent, leading to rice, vegetables and some essentials to become dearer in the capital.
Refiners want soybean up Tk 20 a litre
Edible oil processors have proposed a hike of Tk 20 per litre in the price of soybean oil on the ground of the significant depreciation of the taka, which has raised their import cost.