Unscrupulous traders are exploiting fuel price hike: Tipu

Commerce Minister Tipu Munshi on Wednesday said one of the reasons for the recent increase in commodity prices is that a class of unscrupulous traders are taking advantage of the  fuel oil price hike."A class of unscrupulous traders look for opportunities," he said in response to questions from reporters at a press conference at the secretariat in the city.Giving an example of the price of rice to explain what he meant, Tipu said, "Due to the increase in the price of fuel oil, the price of rice should increase by 50 paisa per kg. But it has increased by Tk 4 per kg. They made use of the opportunity." He said that the ministry is monitoring the market and hopes that the price will be under control by October.Besides, regarding the unusual increase in the price of eggs, he said, "If the price can be reduced by importing eggs, we can do that too, if necessary." He said that no decision has been taken yet on fixing the price of edible oil and a ...

FBCCI partners with ILO for capacity building in workplace safety

International Labour Organization (ILO) and the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) on Wednesday signed an agreement to enhance workplace safety and health in 10 priority economic sectors.Under the agreement, a number of capacity building and promotional activities will be carried out to strengthen workplace safety and health at institutional as well as enterprise levels, said a press release.These activities will be supported by ILO’s RMG programme funded by...

SIBL opens 28th agent banking outlets

Social Islami Bank opened twenty-eight new agent banking outlets through virtual platform on Wednesday at its head office. Dr. Md. Mahbub Ul Alam, Chairman of SIBL, inaugurated the agent outlets as the chief guest w...

Hasan warns of action against irrational price hikes of essentials

Taking advantage of the increase in the price of fuel, the government will take strict measures if the prices of daily necessities and transportation are increased unnecessarily, said Information and Broadcasting Minister and Awami League Joint General Secretary Dr Hasan Mahmud.During an exchange of views with journalists at the secretariat on Wednesday afternoon, he said, "Recently, the price of fuel oil has to be increased in the country, the price has been adjusted to the level of West Bengal. Taking advantage of this, some unscrupulous businessmen have increased the price of goods and also increased the cost of transportation to increase their profits. This is by no means desirable, by no means acceptable. Our government is monitoring these and I hope business organizations and le...

BNP’s Jahidur Rahman takes oath

Bangladesh to play all other full members next FTP

Bangladesh play all other Full Members during the next cycle of the ICC Men’s Future Tours Programme (FTP) for the period 2023-27, the details of which were confirmed by the International Cricket Council (ICC) today [Wednesday].The announcement of the FTP, a result of a collective effort of Full Members with ICC’s support, ensures certainty of cricket fixtures with the confirmation of all bilateral series across the three formats. The exact dates of the series are for the Members to announce in due course.Bangladesh make a tour of Ireland in June 2023, which will be followed with a home series of two Tests, three ODIs and three T20Is against Afghanistan in June. They also have a busy calendar in 2024 during which they host Sri Lanka and Zimbabwe from February to April and then play Afghanistan, Pakistan and India in away Tests mid-year.A home Test series against South Africa and an away full tour of the West Indies (two Tests, three ODIS and three T20Is) are part of the ICC World Test Championship (WTC) 2023-25 while the 2025-27 WTC finishes off for them with a challenging home series against England and an away series in Australia.WTC series: Bangladesh play New Zealand, South Africa and Sri Lanka at home in the 2023-25 WTC while touring India, Pakistan and the West Indies. In the 2025-27 cycle, they play England, Pakistan and the West Indies at home and have away series scheduled in Australia, South Africa and Sri Lanka.The announcement of the Men’s FTP comes a day after the first ever Women’s FTP was announced.“The 2023-2027 FTP is very plea...

Chemical warehouses to shift from Old Dhaka

While visiting the carnage in Chawkbazar where a recent fire killed six people, Dhaka South Mayor Sheikh Fazle Noor Taposh on Wednesday sais that as many as 500 chemical warehouses and factories in Ol...

Efforts underway to extradite fugitive killers of Bangabandhu

The government of Bangladesh is repeatedly trying to bring back the fugitive killers of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman, though the process is being delayed due to various complications in the rules and policies of the coun...

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