Sri Lanka records highest deflation since 1961
Sri Lanka’s consumer prices fell by 2.1 per cent in November, the highest deflation rate recorded by the economically fragile island nation since 1961, official data showed Saturday...
Sri Lanka’s consumer prices fell by 2.1 per cent in November, the highest deflation rate recorded by the economically fragile island nation since 1961, official data showed Saturday...
PEOPLE, especially the poor and the segments of the population with low, fixed and limited income, continue to suffer as prices of goods remain high. Prices of vegetables, onions, potatoes and edible oil remained high in the week ending on November 29. A slight decrease in prices of coarse varieties of rice, broilers and eggs in the week has, however, failed to make any noticeable difference for...
People from lower to middle-class backgrounds endure long queues at the open market sales points of Trading Corporation of Bangladesh in Dhaka city as rising inflation pushed essential commodity prices higher...
Bangladesh’s graduation from the least developed country to a developing one, in itself, is unlikely to increase the prices of medicine on the local market, but it may affect the exports of the products, according to a study...
Bangladesh imported 6,520.21 tonnes of rice from India through Bhomra land port in Satkhira over the past 8 days that authorities hope would help stabilise the country’s rice market.
The state-run Trading Corporation of Bangladesh has started selling potatoes at Tk 40 a kilogram alongside its regular commodities in an effort to control the market prices...
The central steering committee of Gantantra Mancha, a combine of six political parties, at a meeting expressed concern over the failure of the interim government to control price hike of the essential commodities in their 100-day rule...
The government has asked the police to take out innocent people’s names from the cases that are being filed following the student-mass uprising.
Food adviser Ali Imam Majumdar has said that rice prices might decline gradually with the new Aman rice coming to the market...
US wholesale prices rose slightly in October, according to government data published Thursday, as an increase in services inflation pushed up the overall figure...
Finance adviser Salehuddin Ahmed on Wednesday said that tariff cuts hardly helped in checking price hike of essentials making majority people impatient...
Global food prices rose in October to their highest level in 18 months, with a sharp increase in the cost of vegetable oil, the Food and Agriculture Organization said on Friday.
Finance and commerce adviser Salehuddin Ahmed on Wednesday said he had directed officials concerned to collect rice and wheat beyond the targets to ensure sufficient food stock.
The Advisors Council Committee on Government Purchase on Wednesday approved a number of proposals to procure rice, wheat, sugar, LNG, fertiliser to meet local demands and award contracts for upgradation of landing stations...
Dhaka stocks witnessed increase in share prices in the past week, ending bearish vibe of the previous five consecutive weeks, as bargain hunters went for low priced scrips hoping for quick gains, market operators said...
The prices of rice, onions and potatoes increased on the kitchen markets in the Dhaka city over the week ending Friday.
In response to a sharp fall in rice production caused by recent floods, the Bangladesh Trade and Tariff Commission has recommended removing the current import duty on rice to stabilise supply and prices on the local market...
Global commodity prices should fall to a five-year low next year thanks to a huge oil glut, the World Bank said Tuesday, pointing to oversupply and to flat demand from China...
Oil prices tumbled and global stocks mostly rose Monday on relief that Israel’s strikes on Iran avoided the country’s energy infrastructure...
Leaders of Democratic Left Alliance on Saturday at a rally in Dhaka called on the interim government headed by Professor Muhammad Yunus to take immediate steps to control abnormal price hikes of essential commodities.
The National Committee to Protect Oil, Gas, Mineral Resources, Power and Ports on Saturday demanded immediate cuts in energy prices and holding ousted prime minister Sheikh Hasina and...
Members of anti-discrimination students’ movement will sell vegetables and essential commodities at fair price in Khulna city from Sunday aimed at breaking syndicate and restoring comfort among the common people...
The Federation of Bangladesh Chambers of Commerce and Industry administrator, Md Hafizur Rahman, called on district chambers to take proactive measures to manage commodity prices and ensure a steady supply of daily necessities on Sunday.
Leaders of the Ganatantrik Oikya at a press conference on Sunday called on the interim government to take immediate steps to control abnormal price hikes of the essential commodities.
Leaders of the Naitik Samaj on Friday at a rally in Dhaka called on the interim government headed by Professor Muhammad Yunus to take immediate steps to control the...
The prices of rice, broiler chicken and edible oil increased while that of vegetables and eggs decreased slightly on the kitchen markets in the Dhaka city over the week ending Friday.
Bangladesh’s interim government law adviser Asif Nazrul apologised to people for price hikes of essentials and said the government was working hard to improve the situation.
Labour and employment adviser Asif Mahmud Shojib Bhuiyan on Tuesday said that strict action would be taken under the Special Power Act against those involved in syndicates...
Edible oil traders of Bangladesh on Tuesday proposed waiving the existing 5% import duty on soybean and palm oil and removing all value-added taxes imposed on producers and traders.
BANGLADESH’S food price inflation has become a crippling burden on millions of low-income households. Food inflation is largely driven by unchecked syndicates that exploit supply chains. The prices of staples such as rice, eggs, and chicken have surged dramatically, with rice increasing by Tk 6–8 per kilogram in the last two months and broiler chicken...