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Auto rice millers in Bangladesh have urged the government to lift the recent ban on the sale and marketing of Miniket and Jeerashail varieties. They warned that if the ban continued, it could lead to a serious food crisis in the country. The Bangladesh Rice Industries Association (BRIA), a group
The prices of key essential items are likely to remain stable during the upcoming holy month of Ramadan due to multiple government initiatives, according to a report released by the Bangladesh Trade and Tariff Commission (BTTC) on Sunday. It stressed the need for intensifying market monitoring and
Subsidised sugar sales for ten million families during the upcoming Ramadan, the holy month of fasting for Muslims, are in doubt after the commerce ministry failed to procure the required quantity from the international market. The ministry recently requested "immediate purchase" of 20 million kil
The country's edible-oil refiners have proposed a price review, citing the appreciation of the US dollar against the local-currency taka. However, market experts argue that the proposal is ill-timed due to recent declines in global edible-oil prices, which are around a six-month low. The refiners
A recent study by the commerce ministry has found a syndicate of cold-storage owners responsible for the record hike in potato prices this year. However, a top cold-storage businessman denied any involvement in price manipulation. He claimed the government data on potato production was not accurat
The government has allowed the import of 200 million eggs to cool off the surging prices, but no eggs have arrived in the country even in two months. Importers say they are reluctant to bring in eggs due to the high 33 per cent import duty, which they fear would eventually spoil the price competit
Bangladesh has imposed an indefinite ban on all kinds of rice exports, including aromatic varieties, just three months after giving permission for it. The decision has been taken as a precautionary measure to ensure better food security in the country. But rice exporters, who had just started shi
The surge in potato prices to a four-year high has compelled the government to ask for stock records of private cold-storage facilities across Bangladesh by September 7. The Ministry of Commerce has instructed the Bangladesh Cold Storage Association (BCSA) to provide potato stock records for the l