Five companies are enjoying an oligopoly in the sugar market, which was worth more than Tk 9,000 crore in fiscal year 2022-23, as they have expanded their refining capacities to meet increasing demand.
Data from the National Board of Revenue (NBR) shows that nearly 25.7 lakh tonnes of soybean and palm oil were imported in 2023, with the four companies accounting for 80 percent of the total amount.
New Age | Price of potatoes increasing every day newagebd.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newagebd.net Daily Mail and Mail on Sunday newspapers.
The holiday marking the end of Ramadan used to be a boon for Bangladesh's small shops and businesses, often generating profits equivalent to those of the entire year. However, this year, many fear they won't even cover their monthly rent due to poor sales, worsened by inflation soaring to 9.5% or higher over the past 12 months. During visits to Dhaka markets such as New