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Electric shock for consumers now!

Consumers – already grappling with soaring costs of living because of recent price hike of fuel oil, high inflation, and devaluation of the local currency – are poised to take another blow as the technical committee of the Bangladesh Energy Regulatory Commission (Berc) has recommended raising retail electricity price by over 15% to Tk8.23 a unit. Berc Chairman Md Abdul Jalil, ....

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TK subsidiary to sell 5,000 tonnes of lentils to govt

Shabnam Vegetable Oil Industries, a concern of the TK Group of Industries, is set to secure a government contract to sell 5,000 tonnes of lentils at Tk 107.50 per kilogramme. ....

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Tough conditions get in way of Indian wheat import

Wheat, which was sold at Tk900 per maund in March, is now being sold at Tk1,600 per maund ....

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Edible oil prices: Even record imports fail to arrest hike

Despite record imports of soybean oil in the first quarter, consumers are having to pay an additional Tk 36-38 for every litre of non-bottled soybean oil over the price set by the government. ....

Nowshad Ahmed , Nazar Hossain , Sumani Akhter , Tariq Ahmed , Tk Group Of Industries , Directorate Of National Consumer Rights Protection , National Board Of Revenue , Consumer Association Bangladesh , National Board , National Consumer Rights Protection ,

Palm oil consumption in Bangladesh bound to grow with rapid urbanisation and growth in GDP: Experts

The growing economy, increasing per capita income, and evolving lifestyle indicate that edible oil consumption will significantly increase in the coming years in Bangladesh, and palm oil imports are also expected to grow multi-fold to meet the perpetually increasing demand in the country. In 2021, the import of palm oil was nearly double the import of soybean oil. The main ....

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