Price of essentials

Price of essentials

Price capping a windfall for syndicates?

Every time the government tried to fix the price of a good or service, it unwittingly ended up offering a financial bonanza to the market syndicates. From potato to rawhide, from LPG to onions, from fertiliser to sugar, from saline to edible oil, there is rarely any success to speak of.

6h ago

Will urge govt to import potatoes if prices not stable

Says DG of Directorate of National Consumers' Right Protection

5d ago

Potato price keeps ticking up despite cap

The price of potato went up further after the government on Thursday announced a price cap for the tuber and began market drives to check the soaring price of the tuber.

1w ago

Govt to sell potatoes at Tk 27 a kg if traders don’t

If wholesalers do not sell potatoes at Tk 27 a kg, the new price cap, the government will sell them, said AHM Shafikuzzaman, director general of the national consumer rights protection directorate, yesterday.

1w ago

Govt to sell potatoes at Tk 27 if wholesalers don't

DG of national consumer rights protection directorate says

1w ago

Govt move to check prices falls flat

The commerce ministry’s price cap on onions, potatoes, and eggs barely made an impact on the runaway prices as shopkeepers in the capital have not complied with the order.

1w ago

Price hike of essentials: Tipu Munshi takes flak from opposition MPs

Opposition MPs came down hard on Commerce Minister Tipu Munshi yesterday for what they said was his failure to control the prices of essentials and take action against the market syndicates.

1w ago

Govt fixes egg, onion, potato prices

In a first, the government yesterday fixed the prices of eggs, onions and potatoes in its bid to contain the runaway food inflation, which hit a 12-year-high last month.

1w ago

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

Subsidised Beef, Eggs: Relief to some of middle class

MA Khair Chowdhury passed the Segunbagicha kitchen market disappointed.

Wholesale Market: 4 firms to sell chicken at Tk 190-195 a kg in Ramadan

Four major chicken producers yesterday announced that they will sell broiler chicken for Tk 190-195 a kg at the gates of their farms during Ramadan.

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.”