Soybean oil price
Don’t increase public discontent by raising soybean oil prices
The new Bengali year did not turn out to be very auspicious for Bangladeshis. The day before Pohela Boishakh (the Bengali New Year), gas prices were raised; the day after, the price of soybean oil increased. Gas prices for new industries went up by 33 percent, and soybean oil rose by Tk 14 per liter. On Tuesday (April 15), Commerce Adviser Sheikh Bashir Uddin made this announcement. After a meeting reviewing the overall situation regarding edible oil imports and supply, the commerce adviser told reporters that the government increased the price of soybean oil in the domestic market based on reduced subsidies, the need to boost revenue collection, and international market prices. However, he stated that this price hike is temporary. He claimed that with increased supply and competition in the market, prices could be brought down in the near future.
Factors behind rising vegetable costs in Kartik
The month of Kartik is upon us, a time often associated with crisis in rural Bengal. In the northern regions of the country, this period is referred to as "Monga kal," or the season of famine. During this time, agricultural activities decrease, leading to a reduction in the earnings of farm laborers. The Aman rice is in its growing stage, and there is less variety of other crops available. The supply of summer vegetables significantly diminishes, hitting rock bottom. Seasonal vegetables begin to appear only towards the end of Kartik, with their supply increasing in late Hemanta, or early Agrahayan.
ISPR requests not to get misled by rumours over security of St. Martin’s
Inter Services Public Relation Directorate (ISPR) has urged all not to be misguided by rumours spreading through social media over the security of St. Martin’s island centering Myanmar's ongoing internal conflict near the island.
Soybean oil price goes up by Tk4
The price of bottled soybean oil has increased by Tk4 to Tk167 per liter.
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