Edible oil recently underwent price manipulation at each of the four stages of the value chain within the country involving refiners, dealers or supply order traders, wholesale traders and retailers, according to the Directorate of National Consumers’ Right Protection.
Flour prices in Bangladesh have continued to rise, driven by increasing prices of wheat in the global market and falling imports, said industry operators yesterday.
A move is on to readjust upward the tariffs on services at Bangladesh’s biggest port in Chattogram, which port-users say will impact the entire economy at a crunch time. Chittagong Port Authority (CPA) has issued a letter in favour of a few stakeholders, including shipping firms, few days back seeking their opinions on the matter. .
Over the years, the Chattogram Chamber offshoot has emerged as a cartel of vessel owners that took full control of the lighter ship business, hikes fares at its will and makes businesses pay those, businesspeople allege. Importers, who bring consumer goods and industrial raw materials in bulk, have to wait for its mercy to get .