Flour, aromatic rice prices spike as edible oil crisis persists in Dhaka

Prices of flour, refined flour (maida) and aromatic rice have risen sharply in Dhaka kitchen markets, adding to pressure on bakeries, biryani businesses and middle-income households amid a continued shortage of soybean oil.A visit to markets in Shantinagar, Rampura, Badda and Shahjadpur on Friday found loose flour selling at Tk 50 per kg, up from Tk 45 last week, while the maida price climbed to Tk 80-85 per kg from Tk 70-75.Aromatic rice prices jumped by Tk 20 per kg even after the Ministry of Commerce halved the export quota for the variety. Quality loose aromatic rice is now selling at Tk 200 per kg, up from Tk 180 a week earlier, while packaged aromatic rice ranges between Tk 220 and Tk 240 per kg. Buyers said the same rice cost only Tk 150-160 per kg a month ago.More than a week after soybean oil prices were raised, supply has yet to return to normal. Most shops are out of bottled one-litre soybean oil, forcing many buyers to purchase costlier rice bran or sunflower oil instead.Re...

RIM strengthens position as authorized distributor of OTIS elevators & Shanghai FUJI

RIM Engineering & Elevators Ltd has marked a significant milestone in Bangladesh’s elevator industry, opening new possibilities for world-class vertical transportation solutions.As an authorized distributor of OTIS Elevators and Shanghai FUJI, RIM has brought two internationally recognized elevator brands together under one trusted platform.As part of this strategic advancement, group managing director of RIM Group Md Obaidul Haque Sarker, and chief executive officer Md Yeasser Arafat ...

Modern design with 7,050mAh battery and 9-month 0% EMI

Business Desk Smartphone vivo has officially started the first sale of its new smartphone, vivo V80 Lite, in Bangladesh. Combining a slim 7.99mm unibody design with a large 7,050mAh battery, the smartphone brings to...

Deepening Bilateral Ties: Bangladesh and Malaysia Eye Stronger Economic and Strategic Partnership

By Ahammad Parvej KhanThe 69th National Day and Malaysia Day was celebrated on September 7 at the Crown Plaza Hotel in Dhaka.Local Government, Rural Development (LGRD) and Cooperatives Minister Dr Abdul Moyeen Khan attended the event as the chief guest.While addressing, Chief Guest Moyeen Khan sought Malaysia’s constructive role in resolving the ongoing Rohingya crisis, highlighting that the situation not only poses a heavy economic burden on Bangladesh but also presents a security threat to the region.He expressed optimism that the historical ties between the two nations would grow deeper and more multifaceted in the coming years.The event was attended by a distinguished gathering of diplomats, political leaders, prominent business executives, members of civil society, media represe...

Some political parties trying to create anarchy by exploiting crises: PM

Yamal eyes Ballon d'Or award

FC Barcelona forward Lamine Yamal on Tuesday threw his hat into the ring to be a candidate for the Ballon d'Or award for the best footballer in the world which is given out at the end of October.Speaking to the press ahead of Barcelona's Champions League debut against Feyenoord on Wednesday night, the 19-year-old was asked about his chances of winning the award which is given by France Football magazine, a day after Real Madrid's Kylian Mbappe also told the press this was a good year for him to win.Yamal won La Liga with Barcelona and the World Cup with Spain, but said winning the prestigious award "doesn't depend on me, it depends on you (the press).""The work we've done with Barcelona and the national team has been incredible. I think I have a very good chance because I've had a great year, but we'll see," he replied when asked about his chances, adding that he didn't "need to campaign for the Ballon d'Or.""I'm proud of what I've done with my team and the national team. I'm not going to beg for anything," commented the forward.Yamal insisted that even though he was considered a 'star' player that didn't mean he could take things easy on the pitch. "If you don't run, any team can beat you. If we want to win, we have to run; if you don't run, you're going to lose," he commented, saying his aim for the team was "to win more titles, and personally, to keep growing and improving.""I'm very young," replied Yamal, who explained he was ...

From letters to logistics: A new role for postal service

The Directorate of Posts deserves appreciation for turning an old public institution into a potentially important player in the country’s logistics sector. Its Speed Post service, which transpor...

Make law and order the government’s top priority

The brutal killing of four members of a family in Rangpur, allegedly after they objected to two young men consuming Yaba on the rooftop of their home, is yet another chilling reminder of the country’s worsening law and order situation. The murd...

KFC's 'Eidi for Angels' Spreads Eid Joy to Underprivileged Kids

To stem the scourge of smoking, follow the science, not the dogma

Benefits of Having an Oven in Your Kitchen