Page 4 - Tk Group News Today

Thyssenkrupp AG (OTCPK:TYEKF) Q3 2022 Earnings Conference Call August 11, 2022, 08:00 AM ET Company Participants Claus Ehrenbeck - Investor Relations Klaus Keysberg - Chief Financial...

Clearing import payment to Russia also rekindles hopes for wheat sourcing from there

Bottled soybean oil to cost Tk 14 less per litre, commerce secretary says

Chattogram City Corporation (CCC) has been allowed to set up just three temporary markets, although CCC sought permission to set up 10 for Eid-ul-Azha.

Edible oil refiners have cut soybean oil prices up to Tk 6 a litre though the consumers rights organisation said the rates should have been reduced by at least Tk 30 amid falling prices of the item in the global market.

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.

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.

Palm oil prices in domestic wholesale and retail markets have started cooling off after Indonesia announced that it would resume exports of the product.

Entrepreneurs in Bangladesh have pumped billions of dollars into the shipbuilding sector in recent years to meet their own demand for vessels as well as regain the international market.

Bangladesh cooking oil traders jittery as ‘instability’ persists after price hike