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Bangladesh's entire business sector, particularly the producers focused on the domestic market, is facing troubles due to an unprecedented hike in the US dollar price as their cost of production has witnessed a sharp spike.
Refiners yesterday slashed retail prices of soybean oil by Tk 14 a litre as its prices in the international market dropped and the government kept the reduced Value Added Tax (VAT) on it.
The Bangladesh Competition Commission has filed 44 cases against 36 firms and individual businesses including corporate giants like Unilever, Pran, Square, ACI, Akiz, Bashundhara and S Alam Group, on charge of destabilising the commodity market by hiking prices unusually. Although the commission filed the suo moto cases on Thursday, the full list of the
The government purchase committee yesterday gave the nod to two public agencies to buy a total of 90,000 tonnes of fertiliser from Qatar and Morocco under a state-to-state contract to augment the country’s fertiliser stock for growing food in coming seasons.
New Age, a Dhaka-based leading English language daily newspaper, is a major source of news of Bangladesh and international affairs