Major producers in Bangladesh colluded with each other to send the price of eggs to an unprecedented level in the middle of August, hurting the pockets of consumers already struggling to make ends meet, according to a probe report.
The government could have reduced fuel prices by more than Tk 5 per litre, said Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Md Jashim Uddin yesterday.
Sales of the Trading Corporation of Bangladesh (TCB) have increased consistently over the last six years, reflecting a rise in demand for essential commodities at below market prices.
The price of liquid milk has again increased by Tk 10 per litre while half-litre packs will now cost Tk 5 more as leading producers have raised the maximum retail price of their products by 12.5 per cent.
Hazaribagh has transformed itself into a leather products manufacturing hub from a tannery zone in a span of five years since rawhides processors were shifted to Savar, logging an annual trade of Tk 60 crore.
The lack of gas connections is creating obstacles for companies at the API Industrial Park to conduct their operations even though the project was completed in June last year.
The government has lined up a roughly Tk 50 crore project aimed at developing and expanding the production of muslin fabrics in the country.
Cheaper varieties of farmed fish, such as climbing gourami, pangasius and tilapia, are major protein sources for the country’s lower and lower-middle class but the recent hike in fuel prices has led to a subsequent rise in their production and transport costs.
Major producers in Bangladesh colluded with each other to send the price of eggs to an unprecedented level in the middle of August, hurting the pockets of consumers already struggling to make ends meet, according to a probe report.
The government could have reduced fuel prices by more than Tk 5 per litre, said Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Md Jashim Uddin yesterday.
Sales of the Trading Corporation of Bangladesh (TCB) have increased consistently over the last six years, reflecting a rise in demand for essential commodities at below market prices.
The price of liquid milk has again increased by Tk 10 per litre while half-litre packs will now cost Tk 5 more as leading producers have raised the maximum retail price of their products by 12.5 per cent.
Hazaribagh has transformed itself into a leather products manufacturing hub from a tannery zone in a span of five years since rawhides processors were shifted to Savar, logging an annual trade of Tk 60 crore.
The lack of gas connections is creating obstacles for companies at the API Industrial Park to conduct their operations even though the project was completed in June last year.
The government has lined up a roughly Tk 50 crore project aimed at developing and expanding the production of muslin fabrics in the country.
Cheaper varieties of farmed fish, such as climbing gourami, pangasius and tilapia, are major protein sources for the country’s lower and lower-middle class but the recent hike in fuel prices has led to a subsequent rise in their production and transport costs.
The price of chicken eggs has risen substantially over the past week, piling even more pressure on general consumers who are already facing tough times due to the growing cost of living in Bangladesh.
Businesses are taking advantage of the increased connectivity offered by Padma Bridge but potential investors of four industrial parks under the Bangladesh Small and Cottage Industries Corporation (BSCIC) are missing out as the projects are yet to be complete.