Sugar price may reduce if US dollar rates fall, he says

Commerce Minister Tipu Munshi announced the target at a press conference at his secretariat office in Dhaka.

Tipu Munshi sits with Uzbek Deputy Foreign Minister Bakhrom Aloev

Commerce Minister Tipu Munshi says

The commerce minister meets Iranian ambassador

The business leaders are scheduled to sit with Prime Minister Sheikh Hasina soon to review gas and power prices, as they are facing difficulties because of the high prices of the two, Commerce Minister Tipu Munshi said today.

British retail giant Primark’s CEO Paul Marchant has praised the development Bangladesh’s garment sector has achieved in production of apparels in green factories.

Prime Minister Sheikh Hasina today inaugurated the month-long Dhaka International Trade Fair (DITF)-2023 at Bangladesh-China Friendship Exhibition Center in Purbachal.

A section of unscrupulous traders has been trying to make the basic commodity market unstable by creating a syndicate when the international prices of essentials went up, Commerce Minister Tipu Munshi said today.

The country could not harness the export potential of Malaysia because of high tariff imposed on Bangladeshi goods, Commerce Minister Tipu Munshi said today.

Commerce Minister Tipu Munshi today (October 16, 2022) urged energy-rich Brunei to invest in Bangladesh taking advantage of the facilities that the country offers for the foreign investors.

Regular market monitoring and quick action are vital

Bangladesh is targeting a lower export growth in 2022-23 despite raking in a record $52.08 billion in the last fiscal year largely because of insignificant strides in products and markets diversification and ongoing global turmoil. 

Even though prices of loose palm and soybean oil have dropped in wholesale markets, consumers are not being able to reap the benefits as retailers are still selling those at the government-fixed prices.

Edible oil prices may come down soon in the local market of Bangladesh on the back of the downturn trend in prices in the international market, Commerce Minister Tipu Munshi said today.

The government is trying to import wheat from five alternative sources, Commerce Minister Tipu Munshi said today.

Bangladesh is likely to export hilsa to India during this year's Durga Puja festival as well.

Commerce Minister Tipu Munshi tested positive for coronavirus today, personal secretary to the minister Mohammad Mashooqur Rahman Sikder told The Daily Star.

Commerce Minister Tipu Munshi urges all not to buy essential commodities beyond needs as there are adequate stocks in the country to meet the demand.

Commerce Minister Tipu Munshi says onion prices will come down within 10 days with the arrival of the new harvest in the market.