Consumers hardly feel any sympathy for the downsizing that they have to experience due to price hikes. And all we get is haughtiness all around.
Like the refuse of the fish, the working class is also a refuse of the capitalist economy.
The High Court today directed the commerce secretary to form a high-powered committee to probe the price hikes of agricultural products including potato, onion and eggs, and ordered for submission of a report
Manipulation of potato prices is not new in Bangladesh.
For any major crop, there are local and national profiteers, who make plans to maximise profits way before the crops land in the markets.
Inflation has become a worldwide phenomenon, not only specific to the developing world.
Why expect different outcomes with the same flawed policy?
Govt move fails for lack of strong oversight on suppliers
This mechanism of hiking prices is not new.
The government should have facilitated egg imports for a certain period because of the recent abnormal price hike for the low-cost source of protein, according to Ghulam Rahman, president of the Consumers Association of Bangladesh (CAB).
Why are we not increasing food production at home and being less dependent on imports?
When a year passes, those who had a good time look forward to continuing the momentum while those who had struggled to keep their head above water might breathe a sigh of relief.
As the cost of living continues to rise, it has becoming increasingly challenging for the middle class to maintain financial stability.
Just a year ago, Aminur Rahman, a private sector employee living in Dhaka, could buy a moderate amount of essential goods, including rice, soybean oil, onions, salt and eggs, at Tk 553 from stores in Dhaka city
Businesses are set up to make a profit. We all understand that. But to what extent that profit would be made?
Writing is becoming increasingly difficult as one has to tiptoe through a minefield, not knowing which topic may set off a trigger or become a bummer. It’s not nice to hear that we have the worst record of press freedom among South Asian countries, lower than Afghanistan.
When a major festival like Eid knocks on the door, the memory of going to markets or shopping malls to buy new clothes and footwear items, eating sweets and receiving gift money from elderlies comes to mind.
It is unacceptable that the government has failed to deliver to Bangladeshi consumers the benefits of a fall in the prices of food items on the international market
High commodity prices in the global market are often used as an excuse to justify price hikes in the domestic market, even if there is no direct correlation