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Wheat tender draws no response amid political turmoil

Bangladesh's state grains buyer said it received no bids for the import of 50,000 tonnes of wheat in an international tender that closes on Thursday amid political turmoil ahead of next month's elections. The tender was reissued earlier this month after the winning bidder failed to supply wheat on time. Tens of thousands of troops fanned out across Bangladesh on Thursday in a bid to stem political violence ahead of elections. wheatViolent protests, shutdowns and blockades over the Jan. 5 election,...

Tea prices edge up

Tea prices and sales rose at a weekly auction in Bangladesh on Tuesday after four consecutive falls which reflected opposition-led blockades over pending elections that have hampered economic activity. Violent protests, shutdowns and blockades over the January 5 election, which is being boycotted by the main opposition, have gripped the country for the two months and forced the postponement of the tea auction on December 3. teaAt the latest auction, Bangladeshi tea fetched an average of 193.98 tak...

Garlic hits market soaring Tk 25 per kg

The local garlic’s price increased by Tk 25 per kilogram, while the imported one up by Tk10 in the wholesale markets just in past two days. The garlic traders held the import from India due to the increase of the price. Moreover, the blockade movement effected by the 18-party alliance added the contribution. garlicLocal garlic was found selling at Tk90 to100 per kg on Monday, while the China one selling at Tk80 to 85 in retail markets. Five days ago, the local one was sold at Tk 60 in the wholesal...

India reduces tariff on onion export to Bangladesh

India has reduced tariff on export of onion to Bangladesh. The revised rate has been fixed at 800 $ per tonne with effect from Friday.  The Indian export authority has instructed the all related departments and offices in this connection. The previous rate of tariff was 1050 dollar. Onion importer Milton Saha from Khulna, who is owner of Sujan Enterprise, said, that the arrival of new consignments of onion in Bangladesh would take at least seven days, and the price would surely come down to Tk 50 per kg in the wholesale market. At presents, it sells at Tk 65. onion

Vegetables soothes but other mark upward trend

The price of vegetables in the capital’s kitchen market has fallen as the supply increases, but that of other commodities like edible oil, sugar, salt, rice and wheat marked an upward trend. Onion price is decreased as the newly harvest onion arrived in the markets. New arrival onion with leaves was selling at Tk50 to 60 while local (old) onion was selling at TK 85 per kg, imported onion at Tk 65 to 75. Ginger (local) was selling at Tk 180, China ginger at Tk 200, garlic (China) at Tk 90, local garlic at Tk85 and garlic (one cell) at Tk 130. vegetable-market

Car trading eyes lucrative Bangladesh market

The car trading scenario in Bangladesh has grown and evolved, and has reached a point where everything from small to luxury cars are no longer novel ideas to its people. The country has seen an emergence of businesses and lifestyles in recent years and so does here in using luxury cars.

‘We are no longer stuck in the days when modern technology and the trends followed worldwide were foreign concepts to us, reaching us months or even years too late’, says a buyer while making his choice in buying a new car. [caption id="attachment_1689" align="alignleft" width="300"]motor show