Prices of potato and onion in the capital’s kitchen markets have gone up by at least Tk 3 to Tk 10 per kilogram in the last four days, dealing a further blow to consumers, especially those from low- and middle-income families.

Govt move fails for lack of strong oversight on suppliers

Says DG of Directorate of National Consumers' Right Protection

The price of potato went up further after the government on Thursday announced a price cap for the tuber and began market drives to check the soaring price of the tuber.

A 2.5kg hilsa was sold for Tk 13,000 in Patuakhali's Kuakata today

If wholesalers do not sell potatoes at Tk 27 a kg, the new price cap, the government will sell them, said AHM Shafikuzzaman, director general of the national consumer rights protection directorate, yesterday.

DG of national consumer rights protection directorate says

The commerce ministry’s price cap on onions, potatoes, and eggs barely made an impact on the runaway prices as shopkeepers in the capital have not complied with the order.

Opposition MPs came down hard on Commerce Minister Tipu Munshi yesterday for what they said was his failure to control the prices of essentials and take action against the market syndicates.

In a first, the government yesterday fixed the prices of eggs, onions and potatoes in its bid to contain the runaway food inflation, which hit a 12-year-high last month.

Refiners in Bangladesh today cut the price of soybean oil by Tk 5 and palm oil by Tk 4 a litre after edible oil prices declined in the international market.

Bangladesh Competition Commission yesterday lodges complaints against 10 poultry firms and poultry-related organisations for manipulating the egg market in collusion with each other to send egg prices skyrocketing.

Planning Minister MA Mannan yesterday assured the nation that the overall inflation would come down soon.

Denmark and Bangladesh today signed an agreement to collaborate on food safety and sustainable food production

Dishonest traders pocketed crores of taka within a week by sending the egg price to an unprecedented level on the pretext of low production, inclement weather, and supply chain disruptions, said the chief of consumer rights watchdog.

The state-run Trading Corporation of Bangladesh (TCB) is set to start selling essential commodities at subsidised prices today for the month of August.

Although the prices of some daily commodities have decreased, middle- and low-income families are still struggling to make ends meet due to the recent hike in prices of essential grocery items such as eggs, chicken, onions, and potatoes.

It should have been a busy, festive time for the fishermen in Cox’s Bazar after the 65-day ban on fishing

The Hunger Project (THP) will work to mitigate undernutrition in women and children under five, across 32 unions of five upazilas under Naogan, Mymensingh, Bagerhat and Khulna

Prime Minister Sheikh Hasina today placed a five-point proposal at the UN Food Systems Summit to ensure a sustainable, safe and nutritious food system worldwide