With rafts and nets for catching fish, Hilsha hunters will start netting from early tomorrow in the Bay of Bengal and its adjoining rivers, near the Sundarbans after the 65-day ban on fishing in the rivers and the sea across the country

The rising prices of essential commodities are making life increasingly difficult for people, especially those from low- to middle-income groups.

Asian rice trade paused on Friday to digest the previous day's ban by India, by far the world's biggest supplier, of a major share of its exports of the staple, with prices expected to climb substantially in coming days, three traders said.

Vegetable prices have been rising at the capital’s kitchen markets for about a month, making it even harder for low-income people to afford a balanced diet.

The “Production, Storage, Transfer, Transportation, Supply, Distribution and Marketing of Food Products (Prevention of Prejudicial Activity) Bill, 2023” with a provision of maximum lifetime imprisonment for illegal hoarding of foodstuff was passed in Parliament yesterday

Several wholesalers and individual businessmen in Manikganj, Faridpur, Pabna and Narayanganj were fined yesterday for selling green chillies at inflated prices.

About 93 tonnes of green chillies arrived in the country within a week after Bangladesh allowed the import of the kitchen essential due to skyrocketing prices, according to a notification from the Ministry of Agriculture

The commerce minister’s recent admission that stern measures against market manipulators could create a sudden crisis has exposed the helplessness and lack of political will of the government, said three top economists and a consumers' body. 

Though the people are reeling from the price hike of essentials, the government agencies concerned could not reign in the prices ahead of the Eid, said Consumers Association of Bangladesh.

A bill with a provision of maximum lifetime imprisonment for illegal hoarding of foodstuff was placed in parliament today

Hours after a meeting with the commerce ministry, Bangladesh Vegetable Oil Refiners’ and Vanaspati Manufacturers’ Association yesterday reduced the price of soybean oil by Tk 10 per litre.

State-owned Trading Corporation of Bangladesh will start selling sugar from today to the family card holders for Tk 70 a kg, a rise by 16 percent or Tk 10 from the previous price.

State Minister for Industries Kamal Ahmed Majumder yesterday said ministers concerned should quit if they can’t break up syndicates controlling the economy and essentials’ market.

The government on Monday approved the refiners’ proposal for rising the retail price of sugar by Tk 16 a kg in accordance with the price hike in the international market.

Some 258 million people needed emergency food aid last year because of conflict, economic shocks and climate disasters.

Local biscuits manufacturing giant Olympic Industries today said its profit jumped 42 per cent in the first three quarters of the current financial year of 2022-23, powered by increased sales revenue.

Faruk Hossain, a Begunbari resident, went to the capital’s Karwan Bazar yesterday for his monthly grocery shopping with the hope of buying all items spending the same amount of money he spent last month.

The upazila administration and agriculture department have asked farmers to quickly harvest boro rice in the Kawadighi Haor area of Rajnagar upazila of Moulvibazar as there are possibilities of sudden thunderstorms and hailstorms in the area

Within two weeks, the price of sugar increased by Tk 20 per kg at retail.

World Bank report shows