Riazul Haque, manager of a wholesale rice shop in the capital’s Mirpur, usually goes to Kachukhet kitchen market with Tk 500 every Friday.

The government will buy 2.75 crore litres of Soybean oil from local suppliers for Tk 184-186 per litre.

Expressing resentment over the hike in rice prices despite high yields of paddy, the parliamentary standing committee on agriculture ministry yesterday asked senior officials of the agriculture ministry to identify and take action against those responsible.

The National Board of Revenue (NBR) has extended the scope for traders to import rice at reduced tariff by three months to March 31 next year to facilitate increased supply of the staple food and contain its prices in the local market.

The sale of essentials at subsidised prices under the OMS programme has been halted in Lalmonirhat and Kurigram since Thursday, putting several thousand poor families in distress.

Bangladesh Bank yesterday asked private banks to speed up their farm loan disbursements to enhance the country’s food security.

Agriculture Minister Dr Md Abdur Razzaque today said after discussing the food situation in Bangladesh, World Food Programme Country Director Domenico Scalpelli has said that there is no possibility of famine.

The food ministry has increased the prices of both loose and packet wheat flour by Tk 6 per kg at the open market sale.

Bangladesh Bank today formed a Tk 5,000 crore refinance scheme to ensure food security in the country as the banking regulator thinks the world might face a food crisis in the days to come.

The Bangladesh Food Safety Authority (BFSA) has started issuing health certificates to facilitate export of food products from the country.

Food Minister Sadhan Chandra Majumder today (November 5, 2022) said the country has enough food grains in stock and there will be no possibility of a famine.

The government will enact a law to stop polishing of rice as it loses its inherited nutritional value in the process, Food Minister Sadhan Chandra Majumder said today.

The government has set a target to procure 3 lakh metric tonnes of Aman paddy and 5 lakh MT of boiled rice in the upcoming season.

Nine-year-old Pramila Chepang from Benighat-Rorang Rural Municipality weighs just 13 kilograms, which indicates that the girl has been suffering from a severe form of malnutrition.

The Directorate of National Consumers Right Protection has identified seven reasons behind the price hike and shortage of sugar, including gas crisis, not mentioning price in sales invoices and complications in opening letters of credit.

Sugar has become dearer with prices going up by Tk 15 a kg at retail markets as millers cut supplies blaming insufficient gas flow at refineries.

Prime Minister Sheikh Hasina today renewed her call to raise food production and bring fallow lands under cultivation to protect Bangladesh from the brunt of looming food crisis worldwide.

Bangladesh has been ranked 84th in the Global Hunger Index 2022, among 121 qualifying countries.

The government yesterday increased the retail price of sugar by Tk 6 a kg citing high import costs due to dollars getting dearer.

Refiners yesterday slashed retail prices of soybean oil by Tk 14 a litre as its prices in the international market dropped and the government kept the reduced Value Added Tax (VAT) on it.