13h ago| Business

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.

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.

Subsidised rice for 1.5cr poor

The government today starts selling rice at subsidised prices in an effort to give respite to the poor and low-income earners and bring stability to the volatile rice market.

Fuel price cut by Tk 5 was not needed

The fuel price should have been left as it is instead of the Tk 5 cut per litre, which is unlikely to have any visible impact, said Tawfiq-e-Elahi Chowdhury, energy adviser to the prime minister.

December 7, 2022
December 7, 2022

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.

December 2, 2022
December 2, 2022

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.

October 25, 2022
October 25, 2022

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.

October 24, 2022
October 24, 2022

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.

October 7, 2022
October 7, 2022

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.

October 4, 2022
October 4, 2022

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.

September 27, 2022
September 27, 2022

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.

September 23, 2022
September 23, 2022

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.

September 18, 2022
September 18, 2022

Prices of essentials: Agri ministry should set them

After over two weeks of deliberation, Commerce Minister Tipu Munshi yesterday said the prices of rice, lentil, flour, onion and five other daily essentials should be fixed by the agricultural ministry, not the commerce ministry.

September 17, 2022
September 17, 2022

Essentials getting pricier again

Prices of eggs, rice, vegetables and flour have risen in the capital’s kitchen markets again, increasing the burden on those with limited incomes.