** We see no end to overwhelming lawlessness everywhere: Problem is muscle politics ** Remittance dips 15pc amid forex crisis ** Lawyer’s six bank accounts frozen ** CEC assures OECD envoys to hold inclusive, acceptable polls ** Exports hit record $ 52b in outgoing fiscal year ** Visitors suffer from online ticketing at Nat’l Museum ** Govt to lower age bracket for children to punish teen gangs ** Motorcycles on Padma Bridge not allowed before Eid-ul-Azha ** SSC likely to be in August ** Environment is absent for participation of girl students at colleges and universities ** City residents yet to get respite from waterlogging ** Plastic mini packs harming health, environ severely ** US to send Ukraine advanced surface-to-air missile systems ** Padma bridge Record collection of Tk 3.16cr in one day ** Country reports 6 more Covid deaths with 1,105 cases ** Another killed in road crash in Padma bridge area ** A huge quantity of local and foreign currencies, gold and silver jewelries in 16 sacks were found from the charity boxes of Pagla Masjid in Kishoreganj. Several hundreds including people from district admin, banks as well as madrasa students participated in counting the money and assorting the wealth. After every three months, the boxes are opened, but this time they were opened after 110 days and found Tk 3.60 crore. Last time, about Tk 4 crore, foreign currencies as well as gold jewelries were found from the mosque’s charity boxes. NN photo ** Padma Bridge Khulna Railway Station missing passengers’ hustle-bustle ** BB's monetary policy inadequately addresses inflation ** Long tailbacks on toll plaza as all booths were not operational ** Eid advance train ticket sales begin ** Flood is likely to be prolonged ** Foreign envoys in Dhaka remember those killed ** 1,500 militants arrested since Holey Artisan attack: RAB DG ** DGHS reports 5 more Covid deaths, 1,897 new cases **
BD plans wheat import from alternative sources

Price of import-based products likely to increase: Tipu Munshi

17 May 2022
Price of import-based products likely to increase: Tipu Munshi

Staff Reporter:
Urging the country's people to be more economical in the upcoming days claiming 'it might be hard if the War of Russia-Ukraine lingers', Commerce Minister Tipu Munshi on Monday said, "It's true that the price of essential commodities increasing day by day. If the war lingers, the price may increase further as prices of all import-based products are increasing in the international markets due to the war." "Usually, people expense less during the crisis period. Due to the war and price hike in the international markets and hike of transport costs, price of some products including edible oil, onion and atta is increasing. In this situation, we should be thriftier to face the hard days may come in the upcoming days," he said while addressing the 'BSRF Dialogue' held in the Media Center at the Secretariat. Bangladesh Secretariat Reporters' Forum (BSRF) organised the dialogue considering the government's initiatives to address the crisis and tackling commodities prices to lessen the sufferings of the people.
BSRF President Tapan Biswas presided over the dialogue while its General Secretary Masudul Hoque moderated. Senior BSRF members and journalists from different media outlets attended the event.
In response to a query about the government's steps to import wheat after India's banning wheat export, Tipu Munshi said the government is planning to collect wheat from five other countries including Canada.
"India has announced a ban on wheat exports amid the devaluation of taka against the US dollar. We have already engaged in talks with Canada among other countries that we are trying to reach out for wheat import," he said, expressing hope that India will reconsider their decision on wheat export.
Earlier on Friday, India - the world's second-biggest wheat producer - banned wheat exports to curb rising domestic prices and address the needs of neighbouring and vulnerable countries.
Bangladesh is the top destination of its wheat exports. India exported 11,57,399 tonnes of wheat worth $299.4 million to Bangladesh in 2020-21 constituting 55.4 per cent in terms of total volume of India's total wheat exports. Regarding the Trading Corporation of Bangladesh (TCB) open market sale (OMS) programme, Tipu Munshi said that the government was supposed to start selling edible oil, lentil, sugar and gram from Monday.

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