Consumers Association of Bangladesh has said the process of fixing fuel prices without holding any public hearings is “illegal”.

The government will make all-out efforts to keep prices of essential commodities stable through measures like lifting all tariffs and taxes on their imports and taking stern action against market manipulation.

Being a tropical country, Bangladesh produces a lot of summer fruits. In fact, despite the scorching heat and other cons of the season, many of us look forward to summer solely for the fruity deliciousness it brings along.

Former McDonald’s restaurants in Russia have been renamed “Vkusno i tochka” (“Delicious. Full Stop”), the new owner said ahead of their grand re-opening later on Sunday (June 12).

The government yesterday increased the price of soybean oil by Tk 5 to Tk 7 per litre, dashing the hopes of the edible oil market in Bangladesh cooling off anytime soon.

The Bangladesh Trade and Tariff Commission (BTTC) yesterday suggested the commerce ministry review the price of edible oil in local markets as the product’s price is declining globally.

The cost of living has gone up but the incomes of most consumers have not. It is not just the prices of edible oil and rice that are hurting, it’s almost everything they need in the kitchen every day.

After retail and wholesale markets, the Directorate of National Consumers Right Protection (DNCRP) has now decided to conduct drives at the mills and warehouses of millers and corporates to check illegal rice hoarding.

Even though prices of loose palm and soybean oil have dropped in wholesale markets, consumers are not being able to reap the benefits as retailers are still selling those at the government-fixed prices.

The price of potatoes is now on the rise in different markets in Munshiganj in line with the spiralling cost of other essentials.

The edible oil price may come down soon in the local market as its price in the international market has started to decline, said Commerce Minister Tipu Munshi yesterday.

Rice prices continue to rise despite the countrywide drives against illegal hoarding and overcharging.

A mobile court in a drive in Savar today (June 2, 2022) fined two rice wholesale shops for charging curtomers more than the market price.

Hoarding by small traders as well as large business groups has been causing rice prices to soar, giving low-income people a hard time.

A day after PM’s directive at Cabinet meeting, the Food Ministry launched a drive against illegal hoarding of rice.

Artisanal fishers produce 40 percent of the world's fish and provide us with the nutrients and protein we need, experts have said at a workshop.

Prime Minister Sheikh Hasina has given directives to take immediate action against rice hoarders.

At west London's Hooked Fish and Chips, Mr Bally Singh is struggling to keep the tills ringing for a British tradition, with prices skyrocketing for fish, potatoes, cooking oil and even the flour used for the batter the dish is cooked in.

More than 11 years ago, the government issued an order for the trade of essential commodities, aimed at controlling their prices and curbing price manipulation by unscrupulous businesses through hoarding and other unfair means.

The Directorate of National Consumers Right Protection (DNCRP) today fined 82 traders Tk 4.94 lakh across the country for their failure to protect consumers’ rights.