Furniture makers are passing tough times even ahead of Eid-ul-Azha, which is usually a high sales period, as people are uninterested in buying luxury items in the face of rampant inflation in recent months, according to market players.
"Bangladesh has a huge potential for rice bran oil," said Afzal Hossain, managing director of Emerald Oil, the first rice bran oil producer in Bangladesh which marketed its product under the brand name "Spondon". "It is possible to increase the production of oil fast if the crises of raw materials and gas can be overcome with a proper plan." Mentioning that many companies,
Food processors in Bangladesh have either cut the size of packs or increased prices to absorb the surging cost of raw materials, handing a blow to end customers already struggling amid higher inflation.