essential commodities

Govt to put ‘psychological pressure’ on traders to stabilise essential price

Wed March 10, 2010 - 1:53am BdST

The government has decided to put ‘psychological pressure’ on unscrupulous businessmen and traders by ‘posing’ to import more through official channels for stabilising the price of essential commodities, official sources said. The decision was taken at a meeting presided over by HT Imam, adviser to the prime minister on establishment ministry and administrative affairs, and attended, among other officials, by 13 secretaries at the PM’s office on Monday.

JS panel asks govt to take action against profiteers

Mon February 1, 2010 - 12:54pm BdST

A parliamentary committee on Sunday asked the government to take tough against a number of ‘big players’ who manipulate the market prices of essential commodities to make excessive profits. ‘Those who were brought to book are not the main culprits. There are some big players who manipulate the market prices,’ said MA Latif, a member of the parliamentary standing committee on commerce ministry, after a meeting of the committee.

Govt’s essential goods import plan fails

Sun January 31, 2010 - 1:33pm BdST

The government’s plan to import essential commodities failed as it could not communicate with foreign governments in time and keep watch on the price fluctuation on the international market, commerce ministry officials said. The government earlier planned to import six essential goods to prevent the rerun of its failure in meeting the demand in time of crisis.

2009 saw a rise in cost of living

Fri January 1, 2010 - 11:33pm BdST

The year 2009 saw a 6.2 per cent increase in the overall cost of living, the lowest in the past eight years, but that does not mean that increase in the prices of essential commodities was paltry. In the year, the retail prices of selected essential commodities increased, year on year, by 7.4 per cent on an average, which was the lowest in four years.

Govt fails to keep word on price spiral arrest

Wed December 30, 2009 - 12:10pm BdST

Prices of many essential commodities increased significantly compared with the prices a year go when the government assumed office after a stunning election victory with a promise to take the heat out of the kitchen market. The prices of everyday necessities, especially prices of items which had declined in the first few months of the past year, are seeing a fresh and sharp rise in recent months, according market observers.

Prices of sugar lower, other items soar markedly

Sat September 19, 2009 - 9:28am BdST

New Nation: The price of sugar started falling in the city's retail markets from yesterday following the Commerce Minister's strong warnings against the unscrupulous businessmen who were behind the abrupt increase in sugar price.

FBCCI sees no reason behind price rise

Sun September 6, 2009 - 4:03am BdST

FBCCI president Annisul Huq has conceded that prices of some essential commodities have gone up despite the efforts by the government and business leaders to contain them. ‘The reason behind the price hike should be investigated,’ he told reporters after visiting Karwan Bazar wholesale kitchen market on Saturday.

4-yr import policy order on way

Sun August 30, 2009 - 3:27am BdST

The government is going to issue a four-year-term new 'import policy order 2009-2012' soon for ensuring supply of essential commodities to the consumers and creating a congenial atmosphere for increasing foreign direct investment in the country.

Price of essential commodities showing upward trend in Faridpur

Fri August 29, 2008 - 7:06am BdST

Just three to four-days before the starting of the holy month of Ramadan, the price of essential commodities excepting few items at the Faridpur municipal markets have shown an upward trend. According to related sources, the price of all types of edible oil, spices, sugar, pulses and meat have registered a rise without any reason.

A buyer is sorting out good potatoes: August 29, 2008

Fri August 29, 2008 - 7:05am BdST

A buyer is sorting out good potatoes at a shop of Faridpur. Price of vegetables are, however, still high despite abundant supply.
-TBT