The country may see a bumper production in the current Aman season that will add a large quantity of the staple grain to the national food basket. Aman harvest has already begun across the country. Its production has been projected to increase 13 lakh tonnes more than the previous year’s. …
Read More »Weekly Kitchen Market: Hilsa, tomato, cucumber get pricier
However, the price of hilsa witnessed a slight rise in the city kitchen markets and fish markets despite supply of the delicious fish to the markets improved on the day. Some vegetables like red tomato, cucumber, bitter gourd also got pricier at the kitchen markets. Prices of major vegetables, namely …
Read More »Refiners want hike in soybean oil price by Tk 15 per litre
Soybean oil price may go up as Bangladesh Tariff Commission is considering proposal for hiking edible oil price due to higher production costs. Bangladesh Vegetable Oil Refiners and Banaspati Manufacturers Association, the association of owners of edible oil refining and marketing companies, has submitted a proposal to raise soybean oil …
Read More »Wheat prices fall 8pc globally in October
After posting an increase two weeks earlier, wheat prices declined by 8 per cent globally in October, driving the decline in the cereal price index, according to the World Bank’s Food Security Update. Wheat prices, however, were 17 per cent higher last month than in October last year. Worldwide, food …
Read More »Wheat prices rising faster than rice
Consumers are in trouble as wheat prices have rapidly gone up in the country, with insiders saying that is more than rice prices. Rice is the staple food grain of the majority in Bangladesh. However, because flatbread is less expensive than rice, it is popular among rural and the low-income …
Read More »How to tame inflation
With data released by the Bangladesh Bureau of Statistics (BBS) saying that inflation hit a 10-year high in August, we are worried by the continuing inflationary trend, which seems poised to hit a boiling point. Overall, inflation surged to 9.52% in August, then dropping to a still-high 9.10% in September. …
Read More »Prices of rice, sugar, onions continue to rise
The prices of rice, sugar, onions and edible oil increased on the kitchen markets in Dhaka city over the week ending Friday. Although the government raised the price of sugar twice in last one month and set the price of unpackaged item at Tk 90 a kilogram as per demand …
Read More »World cups fuel demand for large screen TVs
The demand for large-screen and premium-branded televisions has picked up in Bangladesh as sports-loving fans are gearing up to watch cricket and football world cups. However, the sales of general TVs have not kept pace since a majority of consumers across the country have been feeling the pinch of economic …
Read More »Flour price soars amid fall in wheat import
A fall in wheat import has caused a surge in the price of wheat flour and many food items made of flour in the country. The demand for wheat and wheat-made food items has increased manifold in the country over the few years due to population growth and food-habit change. …
Read More »Rescheduled loans too turning bad
The Bangladesh Bank’s policy that allows defaulters longer repayment tenures and easy terms and access to fresh funds has appeared to have failed to make major inroad in bringing down bad debts as rescheduled loans are even turning sour. In 2019, the central bank issued a relaxed policy on loan …
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