TCB
TCB may start selling products at permanent shops from July: state minister
State Minister for Commerce Ahasanul Islam Titu on Tuesday (May 07, 2024) said Trading Corporation of Bangladesh (TCB) is expected to begin sale of goods at subsidised rate from permanent shops from July this year.
The state minister said this while speaking as the chief guest at the inaugural progamme of selling 3 essential products among 1 crore family card holders across the country in Norda-Baridhara area in the capital.
He said that the government is working to ensure the supply of essential commodities at an affordable price. “No one can manipulate the market if the supply of essential commodities remains sufficient.”
Read more: Nationwide Boro paddy procurement begins
Titu requested local public representatives to conduct TCB activities through permanent shops so that people can purchase goods at their convenience.
"During Ramadan, there was a ban on onion export in India. But we imported onions from India under special arrangements through TCB. Our goal was to ensure that people could buy onions at an affordable price. As a result, the price of onions is still within reach for many people," he said.
He said, “We must need to ensure that only eligible people get goods from TCB. The list would be updated periodically. We also plan to increase the number of products which are sold through TCB."
Through the family cards the TCB is providing 5 kg rice at Tk 30 per kg, 2-liter soybean oil at Tk 100 per liter and 2 kgs of lentil at Tk60 per kg for May, 2024.
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5 months ago
TCB to procure 1.10 crore litres of soybean oil, 10,000 MT lentil for OMS
Trading Corporation of Bangladesh (TCB) will procure 1.10 crore litres of edible oil and 10,000 metric tons of lentil to sell through its open market sale (OMS) programme.
Cabinet Committee on Government Purchase (CCGP) approved two separate proposals in this regard in a meeting on Thursday, presided over by Finance Minister Abul Hasan Mahmood Ali.
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The Commerce Ministry placed the proposals on behalf of the TCB.
According to proposals, the TCB will import 1.10 crore litres of Soybean oil through open tender from City Edible Oil Ltd. at a total cost of Tk 174.66 crore with each litre at Tk 165.25.
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The TCB will procure 10,000 metric tons of lentil at a cost of Tk 83.12 crore from Nabi Naba Food Limited with each kg at Tk 103.09.
7 months ago
Murikata onion price goes over Tk 100 per kg in just 2 days
The price of Murikata, an early variety of onion, jumped by Tk 20 per kg to Tk 105 per kg on Tuesday (January 30, 2024), compared to Tk 80 to 85 per kg two days ago in Dhaka.
Though the wholesaler said that onion prices have dropped slightly in the wholesale market, the effect is yet to be visible in the retail market.
On Tuesday, onion prices in the capital ranged from Tk100 to Tk105 depending on quality at Karwan Bazar, Mohakhali, Hatirpool, Malibagh, and Santinagar.
Khalilo Mia, owner of Hasan store at Shantinagar Bazar, told UNB that good-quality onions have arrived in the market at a higher rate.
As the quality of this onion is slightly better, the price has also increased. However, there is no shortage of onion supply, he said.
The price of Murikata onions has also increased in the market price report released by the state marketing agency, Trading Corporation of Bangladesh (TCB). According to its report, new local Murikata onions were sold for Tk 90 to Tk 100 per kg in different markets in Dhaka.
A week ago, the price of this variety of onion was selling at Tk75 to 80 per kg; the imported onion price was Tk85 to Tk90 per kg. However, local and imported onion prices rose by 23 and 26 percent, respectively, during the week, according to TCB.
Read more: Sylhet fixes price of local variety onion at Tk 120, Indian variety at Tk 140
Onion prices have also increased in Sujanagar and Santhia upazilas of Pabna, one of the main production areas of Murikata onion. On Monday, in these upazilas, the price of onions was Tk71 to Tk78 per kg in the local wholesale markets. Onion prices have increased in the district compared to last week. Last week, the price of fresh onion there was Tk 60 to Tk 70 per kg.
The prices of other curry items like garlic and ginger have also increased by Tk10 per kg. On Tuesday, these items were selling for between Tk240 and Tk270 per kg, respectively, compared to Tk230 and Tk260 per kg last week.
The prices of all other vegetables have increased by Tk10 to 20 per kg this week compared to the last week.
However, bean, eggplant, and tomato were selling between Tk 60 to 100 based on quality, potato at Tk 50 to 60 per kg, bitter gourd at Tk 80 kg, balsam apple at Tk 100 to 120 kg, okra at Tk 80 to 100 per kg, cucurbitaceous at Tk 80 per kg, cucumber at Tk 60 to 70 kg, spone gourd at Tk 80 per kg, arum at 80 to 90 kg, radish and carrot at Tk 50 to 60 kg, green papaya at Tk 40 kg, French bean at Tk 100 to 110 kg, snake gourd at Tk 70 to 75 kg, pumpkin (medium size) at Tk 80 to 100 per piece, cauliflower and broccoli at Tk 50 to 70 piece, bottle gourd at Tk 80 to 100 piece, ash gourd at Tk 50 to 60 piece, coriander leaves at Tk 200 kg—Capsicum (red) at Tk 300 to Tk370 per kg base on size and quality.
Read more: Govt directs to intensify field-level monitoring on onion prices
The discomfort remains in the fish and meat market. Broiler chicken was selling at Tk200–220 per kg, and Sonaly chicken (a Pakistani variety) at Tk320–340 per kg. Beef, which was sold at Tk 650 in many places a couple of weeks ago, is now being sold at Tk 700 per kg everywhere.
Prices of eggs are increasing by Tk 5 to 7 in a dozen this week. Per dozen, brown eggs (hens) are at Tk 140 to 145, 5–10 taka less than white eggs. Duck eggs were selling for Tk 180 to 190 per dozen, while eggs of indigenous domestic rearing chicken were selling for Tk 210 per dozen.
The prices of fish are higher now compared to a few months ago. However, tilapia, pangas, and carp were selling for between Tk220 and 260 per kg. Among other fish, the price of medium-sized weighing 1.5 kg to 2 kg farming Rui, Katla, and Mrigel fish was selling at Tk 300 to Tk 400 per kg. Also, Pabda, Tengra, Koi, sheat (boal), chital, and Hilsa fish are not below Tk600 per kg.
The bigger fish, like coral, boal, and river pangas, were selling for between Tk700 and 1100 per kg at Karwan Bazar.
When asked about the price hike, the Director General of the Directorate of National Consumers Rights Protection (DNCRP), AHM Shafiquzzama, told UNB that his office would drive against the unusual price hike of these essentials.
He also said that a few months ago, he warned different ministries and directorates to take steps to increase the supply of essentials, including onions and potatoes, to control prices.
Consumers Association of Bangladesh vice president SM Nazer Hossain said consumers in Bangladesh are having a hard time amid record prices of commodities due to higher inflation.
Farm eggs, broiler chicken, and cultured fish are key protein sources for millions of poor people in the country, he said.
Prices of all such products have increased, forcing a vast population to cut their protein and other nutrition-rich food intake, Nazer said.
Read more: Chapainawabganj farmers reap benefits of bountiful summer onion harvest
8 months ago
TCB will sell 4 essentials at half the market price in Dhaka from Nov 14
Trading Corporation of Bangladesh (TCB) will start sale of four daily essentials—lentils, soybean oil, potatoes, and onions—in trucks at various points in the capital from Tuesday (November 14, 2023) alongside its family card programme.
These products will be available at half of the current market price.
Secretary to the Commerce Ministry Tapan Kanti Ghosh said these while talking to reporters at the conference room of the Ministry of Commerce at the Secretariat on Monday.
“Through the TCB card, 13 lakh families in Dhaka are being given products at a fair price. Apart from this, from Tuesday (November 14), 25 to 30 trucks will sell products in Dhaka when 9000 more families will be able to buy goods at lower prices. 300 people will get these products from each truck. Sales will take place every day except Fridays and Saturdays, with different days allocated to different places,” he said.
Read: TCB to import soybean oil, lentil for OMS programme
He said that the truck sale would be conducted on a first-come, first-served basis.
Given the increase in imports, the scope of this truck sale will be increased, said the commerce secretary.
He said that it will be monitored to ensure that TCB family cardholders do not buy products from these trucks.
Meanwhile, according to the sources of the Ministry of Commerce, a consumer can buy products from these truck sale only once a month.
Read: TCB to start selling 5 products to 1 crore families at subsidized prices
Tapan Kanti Ghosh said, “Anyone can buy 2 kg of lentils, potatoes, and onions and 2 liters of soybean oil. In this case, the potato will be sold at Tk 30 per kg, onion at Tk 50, lentils at Tk 60, and soybean oil at Tk 100 per liter.”
About egg import, Tapan Kanti Ghosh said that the import of 25 crore eggs has been approved.
“62000 eggs have been imported. Our aim is not to import eggs but to reduce the price of eggs. If the price is low, there is no problem even if the import is low,” he said.
Read more: TCB to sell onion at Tk35 per kg to cardholders from Monday
But until the market stabilizes, potatoes and eggs will be imported. “We got significant results because of the import of eggs and potatoes. Instructions have been sent from the Prime Minister's office that potatoes will be sold at Tk 27 per kg from cold storage. Potatoes will be released from cold storage in the presence of a district administration representative.”
11 months ago
TCB's smart cards to ensure transparency, accountability: Commerce Minister
Commerce Minister Tipu Munshi on Thursday said one crore family cards of state-run Trading Corporation of Bangladesh (TCB) are being converted into smart cards and those will be distributed among the beneficiaries within two to three months.
As a result of conversion, transparency would be ensured in distribution of essentials at subsidized rate and there will be no more inconsistencies, the minister was speaking as the chief guest at the opening ceremony of free distribution of TCB smart card and sale of TCB products including rice to card holders at PWD Colony Auditorium in the city this morning.
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He said keeping in mind the poor and helpless people who live below the poverty line, Prime Minister Sheikh Hasina decided to give one crore family cards for providing daily commodities at lower prices.
The government is selling essential commodities at subsidized rate to more people than the actual number of people living below the poverty line in Bangladesh, he added.
The Commerce Minister said that the imported eggs and potatoes have started to play a positive effect on the market. Eggs are being sold at a lower price than the price fixed by the government after the arrival of the first consignment in the country, he said.
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The prices of potatoes, onions and other vegetables will be normal by the middle of next month, he hoped.
Tipu Munshi said that there is no denying that some unscrupulous traders are taking advantage of the prices of eggs, potatoes and onions, resulting in immense sufferings of the people. “We are going through a tough time regarding inflation due to the global situation. In the meantime, some dishonest traders are taking extra advantage.
“No one will be spared if found guilty regardless of political identity,” the commerce minister warned.
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Dhaka South City Corporation (DSCC) Mayor Barrister Sheikh Fazle Noor Taposh and Senior Secretary of the Commerce Ministry Tapan Kanti Gosh spoke at the programme as special guests while TCB Chairman Brigadier General Md. Ariful Hasan, DSCC 12 No. ward councilor Mamun Rashid Subro and senior officials of TCB were present on the occasion.
11 months ago
Market mismanagement behind the rise of egg price
The price of broiler chicken eggs in the markets around Dhaka have soared to tk 170-180 (Tk 14-15/piece) per dozen in a span of a week.
Local chicken eggs are also being sold at Tk 220-230 per dozen in some places around the city.
Market experts and people involved with the egg market say mismanagement in the market is responsible for such an instability in egg prices.
Alam, president of Baridhara Notun Bazar Owners Association, told UNB, "I think the price of eggs is increasing repeatedly due to market mismanagement. Mismanagement of supply and lack of oversight are responsible for creating unstable conditions in the market. The reason behind such frequent surge in product prices should be identified.”
Read: Eggs to be imported if required : Minister
He said the concerned agency should play an effective role in controlling this frequent surge in price of products in the market.
“Otherwise, the rate at which the price of eggs is increasing cannot be controlled,” Alam said.
Nadeem, a customer at Gulshan kitchen market, told UNB that there is a weakness in the market monitoring system, as a result, the traders are increasing the price frequently.
He also urged the concerned agency to take effective action in this regard.
Meanwhile, Bangladesh Poultry Association (BPA), an association of local farmers producing eggs and chickens, has called for coordination in the market management to ensure fairness of the price.
BPA President Sumon Hawlader told UNB, "Monitoring of the market has to be strengthened. The price of egg and chicken should be adjusted at a reasonable rate keeping the cost of production in mind.”
“In this way, market conditions will be normal. The government has to take steps to ensure that no syndicate can create instability. Otherwise, it will be difficult to control the price of eggs,” he said.
According to Trading Corporation of Bangladesh (TCB) the price of broiler chicken eggs stood at Tk 140-150 per dozen last week, reflecting a significant 10 percent surge compared to the week before.
Read: Hike in egg price: Consumer Rights Protection body realises Tk 10,000 in fine in Faridpur
According to the Bangladesh Egg Producers Association, the country requires between 35 and 40 million eggs per day to meet demand. And the majority of the eggs are sourced from domestic producers.
The Department of Livestock reports that over the last 10 fiscal years, the nation's egg production has more than doubled. The country produced 1,017 crores of eggs in 2013–14, and 2,338 crores of eggs in 2022–23.
Fisheries and Livestock Minister SM Rezaul Karim told UNB, "According to the survey of our Livestock Department, it costs more than Tk 10.50 to produce an egg. Even If we take other costs and profit into consideration, it seems to me that the price of an egg should not be fixed at more than Tk 12.”
“If Tk 12 per egg is set, the producers will benefit. Apart from this, if someone tries to create instability in the market, the authorities will take necessary action under the Consumer Rights Protection Act, 2009.”
Read more: Egg prices jump by Tk30-35 per dozen, citing high production cost
Regarding whether the ministry will fix the price, Rezaul Karim said, "It is not a matter of fixing the price. Earlier, in 2010, there was an issue of fixing the price of chicks. In that case, the court questioned whether the ministry could fix the price in this way.”
Meanwhile, the government is also considering importing eggs from outside to bring stability to the egg market.
Responding to a question regarding egg import, Commerce Minister Tipu Munshi said at an event on Sunday morning that the Commerce Ministry cannot import eggs without the cooperation of the Ministry of Fisheries and Livestock.
“The decision to import eggs will be taken only after the Ministry of Fisheries and Livestock gives a green signal.”
Read more: Efforts on to break syndicates behind essentials’ price hike :Commerce minister
However, when asked about the commerce minister's statement, the livestock minister said, "We will consider the issue of importing eggs in a different way."
“Whether the Commerce Ministry will consider this issue independently or not is up to them. I think, with the current production rate of eggs in the country, there will be no need for imports if we can ensure proper management of the market.”
On fixing the price of eggs, the commerce minister said that if the Ministry of Fisheries and Livestock decides the market price for eggs, then the Directorate of National Consumers' Right Protection will be conducting raids to ensure control of the price of eggs.
With the egg market suddenly unstable, the Directorate of National Consumers' Right Protection are already conducting raids in various warehouses in the capital and imposing fines, he said.
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1 year ago
With higher spice prices, consumers feeling the pinch this Eid-ul-Azha
Prices of almost all spices have doubled in a year, and consumers are particularly feeling the pinch ahead of Eid-ul-Azha when consumption of spices is high.
Despite sufficient stock and import of essential spices, traders at both wholesale and retail level hiked the prices of onion, ginger, garlic, cardamom, cinnamon, clove, cumin, turmeric, and coriander.
SM Nazer Hossain, vice-president of the Consumers’ Association of Bangladesh (CAB), told UNB that prices of essential commodities have already gone up, and the hike in prices of spice will further burden the already hard-up low- and middle-income people.
Though there is enough stock of spices to meet the demands during Eid, traders are indiscriminately hiking the prices to make more profit – due to lack of proper monitoring, he said.
Spice prices soar in Faridpur ahead of Eid-ul-Azha
According to the Trading Corporation of Bangladesh (TCB), on June 22, 2022, cumin was sold at a minimum price of Tk 380 and a maximum of Tk 450 per kg. The price of cumin has increased more than twice in one year.
Before Eid-ul-Azha, other spices are also beyond the reach of low-income people. Prices of most spices, including locally grown onion, garlic, dried chillies, green chillies, turmeric, ginger, and cinnamon have increased.
Among them, the prices of ginger and garlic have almost doubled. The UNB correspondent’s visits to Shyambazar, and Karwan Bazar – two major wholesale and retail markets in Dhaka – confirmed the latest prices today (June 24, 2023).
There were enough stocks of ginger imported from Myanmar, Vietnam, and Indonesia in Shyambazar on Friday. The wholesale price of ginger is Tk 120 to Tk 250 per kg depending on the quality. In Karwan Bazar, the retail price was Tk 250 to Tk 350 per kg.
TCB said that even a year ago, ginger was sold between Tk 60 to Tk 100 per kg at the retail level.
Spice prices shoot up ahead of Eid despite sufficient stock
Traders say that China is the biggest supplier of ginger in the country. But due to its high price, Chinese ginger is not available in the country right now. Stock of Indian ginger is also low in the market. Mainly because of this, the price of ginger has more than doubled within a year.
The price of dried chilli has also increased. A year ago, dried chillies were sold at Tk 220 to Tk 250 per kg, but this year, it is being sold at Tk 300 to Tk 340 per kg. Indian dried chillies are being sold at a higher price of Tk 380 per kg. In retail markets, such as Karwan Bazar, the price of imported dried chillies has also gone up to Tk 480 per kg.
Coriander is being sold at Tk 165 to Tk 220 per kg, cloves at Tk 1,500 to Tk 1,600 and cinnamon at Tk 410 to Tk 480 per kg in Karwan Bazar, Shyampur and Sutrapur Bazar.
According to TCB, a year ago, coriander was sold at Tk 120 to Tk 150, cloves at Tk 1,050 to Tk 1,200 and cinnamon at Tk 400 to Tk 450 per kg.
Traders say that due to the dollar crunch, importers are not able to import enough spices. The prices of some species are high in the global market as well.
No shortage of spices in market ahead of Eid: Spice Traders Association
Import costs have also increased. Apart from that, the production cost of spices in the country has also gone up due to the increase in fertiliser, fuel, and labour costs. Also, the cost of transportation is high. Mainly due to these reasons, the price of spices has gone up.
1 year ago
Govt to import 12,500 MT of sugar from US
The government of Bangladesh will import 12,500 metric tons (MT) of sugar and 220,000 MT of fertliser to meet the domestic requirements.
Cabinet Committee on Government Purchase (CCGP) in a meeting on Wednesday (May 17, 2023) approved a number of proposals in this regard. Finance Minister AHM Mustafa Kamal presided over the meeting held virtually.
According to a proposal of the Commerce Ministry, its subordinate body Trading Corporation of Bangladesh (TCB) will import the sugar from Accentuate Technology Inc., USA (Local Agent: OMC Ltd., Dhaka) through an international open tender system at total cost of Tk 66.27 crore with per kilogram (kg) cost at Tk 82.85.
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Additional secretary to the Cabinet Division Sayeed Mahbub Khan, who briefed reporters about the Cabinet body meeting, said while approving the proposal the issue of the Prime Minister’s instruction not to import any goods from any country which imposed sanction on Bangladesh was not discussed in the meeting.
The committee approved two separate proposals of the Industries Ministry to import a total of 60,000 MT of urea fertilizer and 10,000 MT of phosphoric acid by its subordinate body Bangladesh Chemical Industries Corporation (BCIC).
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Of these, 30,000 MT of bagged granular urea will be procured from Karnaphuli Fertilizer Company Limited (Kafco) at cost of Tk 120.03 crore with per MT price at $371.25 while another 30,000 MT bulk granular urea fertiliser will be imported from SABIC Agri-nutrients Company of Saudi Arabia at a cost of Tk 106.25 crore with per MT price at $327.33.
The BCI will import 10,000 MT of phosphoric acid at Tk 60.95 crore from Sun International FZE, UAE (Local Agent: M/s Agro Industrial Input, Dhaka) for TSP Complex Limited, Chittagong. Each MT of acid will cost $566.50.
Also Read: Letter to be sent to NBR to extend duty exemption on sugar import: Commerce Secretary
The CCGP approved a total of six proposals of Bangladesh Agriculture Development Corporation (BADC), placed by the Agriculture Ministry, for importing a total of 160,000 MT of different types of fertilizers.
Of these, the BADC will import 40,000 MT of DAP fertilizer from MA'ADEN, Saudi Arabia at a cost Tk 229.33 crore, $532 under the state level contract.
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It will import 30,000 MT of TSP fertiliser from OCP, S.A. of Morocco at a cost Tk 126.57 crore, with each MT price at $391.50, under the state level contract while 40,000 MT of DAP fertilizer will be imported from the same company of Morocco at a cost of Tk 233.42 crore with per MT price at $541.5.
The BADC will import 50,000 MT of Muriate of Potash (MOP) fertiliser from the Canadian Commercial Corporation under the state-level contract at a cost of Tk 225.23crore, with per MT price at $418.
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The CCGP approved a proposal of the Local Government Division to extend the cost of the consultant by Tk 11.1 crore for its project "Water Supply and Sanitation in 23 Municipalities of Bangladesh (1st Revised)" being implemented by the Department of Public Health Engineering.
Joint Venture of (1) Ranhill, (2) Farhat and (3) DDC had been appointed as consultant for the project.
Also Read: Sugar disappears from Dhaka stores amid high price
1 year ago
BMTF to supply 3 crore blank smart cards to EC
Bangladesh Army-run Bangladesh Machine Tools Factory Limited (BMTF) will supply 3 crore blank smart cards to Bangladesh Election Commission (EC).
Cabinet Committee on Government Purchase (CCGP) in a meeting on Tuesday approved the proposal along with some others from different ministries.
Finance Minister AHM Mustafa Kamal presided over the virtual meeting.
As per the proposal, the BMTF will supply the smart cards under the Identification System for Enhancing Access to Services (2nd Phase) project of the Arms Forces Division of the Prime Minister's Office at contract value of Tk 406.50 crore.
Under other proposals, approved by the CCGP, state marketing agency Trading Corporation of Bangladesh (TCB) will import 12,500 metric tons (MT) of sugar and 1.10 crore litres of soybean oil for its ongoing programme to sell those in open market.
Each kg of sugar will cost Tk 82.92 while the soybean oil will cost Tk 146.10 per litre
Of these, Smart Matrix Pte., Ltd., Singapore (Local Agent: Mark Line Enterprise, Dhaka) will supply 12,500 MT of sugar at Tk 66.79 crore while the Guven Traders Ptv. Ltd., India (Local Agent: HH Enterprise, Dhaka) will supply 1.10 crore of soybean oil at Tk 148.30 crore.
Supplier Smart Matrix Pte., Ltd., Singapore was selected for sugar supply through an international bidding process while the Guven Traders Ptv. Ltd., India, was chosen by the TCB through direct procurement method without any bidding process.
The Cabinet body approved a number of proposals of the Roads and Highway Department (RHD) under the Roads Transport and Highway Division to award contracts for road constructions.
Of these, the Joint Venture of (1) SRBG, China; and (2) and BTC, Bangladesh won a contract of the Lot No- DS-7 under Package No- WP-04 of the Project "Sasec Dhaka-Sylhet Corridor Road Development" at Tk 947.74 crore.
The Joint Venture of (1) CSCEC7, China; and (2) Spectra Engineers Ltd., Bangladesh won the contract of the Lot No. DS-8 under Package No- WP-04 of the project “Sasec Dhaka-Sylhet Corridor Road Development” at Tk.1, 178.68 crore.
The RHD selected Taher Brothers Ltd. to award the contract for “Upgradation of Gouripur-Anandganj-Madhupur-Dewanganj Bazar-Hosenpur District Highway to the proper standard” at a value of Tk 131. 47 crore.
The RHD selected Joint Venture of (1) Mozahar Enterprise Pvt. Ltd., (2) National Development Engineers Ltd., and (3) Sagar Info Builders Ltd. for Package No. PW-01 of "Sherpur (Kanasakhola)-Bhimganj-Narayankhola-Rambhadrapur-Mymensingh (Rahmatpur) Road Development '' Project at Tk 149.99 crore.
The Joint Venture of (1) National Development Engineers Ltd. , and (2) Hasan Techno Builders Ltd., has been selected by the RHD for the package No. PW-02 of the "Sherpur (Kanasakhola)-Bhimganj-Narayankhola-Rambhadrapur-Mymensingh (Rahmatpur) Road Development" at a contract value of Tk 180 crore.
Meanwhile, the Cabinet Committee on Economic Affairs at a meeting approved in principle a proposal of the Directorate General of Health Services to procure Firstline TB Drugs, Medical and Surgical Supplies and Laboratory Equipment from the Essential Drugs Company Limited through Direct Purchase Method (DPM) without bidding process.
The drugs, services and equipment will be procured for the "Health and Gender Support in Cox's Bazar District (2nd Revised)"project under the United Nations Office for Project Services.
1 year ago
TCB starts selling 5 daily essentials ahead of Ramadan
State-owned Trading Corporation of Bangladesh on Thursday started selling five daily essentials ahead of Ramadan.
Commerce Minister Tipu Munshi inaugurated the sale of five items- edible oil, sugar, dates, chickpeas and lentils- formally at a function at Tejgaon in the capital.
These essential items will be sold in two phases at subsidized rates among 1 crore low-income families across the country on the occasion of the holy month of Ramadan.
Addressing the inaugural event, the minister said the present government under the leadership of Prime Minister Sheikh Hasina has been working sincerely to alleviate the sufferings of the low-income people of the country.
Every month, oil, pulse, sugar are being sold at subsidized prices to one crore families of the country. On the occasion of holy Ramadan, dates and chickpeas are being sold in Dhaka city, he said.
The five products are sugar at Tk 60 per kg, lentils at Tk 70 per kg, soyabean oil at Tk 110 per kg, chickpea at Tk 50 per kg and dates at Tk 100 per kg (in Dhaka city alone).
The second installment of the essentials will be sold early next month.
The card holders can buy the five goods at subsidised rates from the TCB's specific sales points and dealers’ outlets.
A card holder can buy 2 litre soybean oil, 2 kg lentil, sugar, chickpea and 1 kg date at a time.TCB Chairman Brig Gen Md Mahbubur Rahman was present on the occasion.
1 year ago