Inside Bangladesh

Strict nonstop monitoring can control commodity prices: experts

Publish: 12:38 PM, 20 Mar, 2022


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Experts have suggested that the government's uninterrupted strict market monitoring both at wholesale and retail levels can contain the price hike of daily essentials, blaming the global pandemic
and recent Russia-Ukraine war for rising price of commodities.

They also stressed imposing ban on hoarding of essential commodities, motivating people not to buy excess fearing crisis along with activating regulatory system for market supervision to bring down prices of the essentials at tolerable level.

The experts' opinion came as the prices of some essential commodities are seen hike in city's kitchen markets.

Some commodities including rice, edible oil, atta, lentils, onion, fish, meat and eggs have soared to some extent recently.

According to Trading Corporation of Bangladesh (TCB), the rice price has slightly increased for last one year but the price of other commodities mainly atta, maida have soared between 25 percent and 36 percent while soyabean 24 percent to 46 percent.

Prices of some essentials are also even being found varying from one market to another market in the city.

At the city markets, soyabean oil was seen to be sold at Taka 170 per liter, mustard oil at Taka 220 per liter, beef at Taka 620-650 per kg, mutton at Taka 950-1000.

The government must keep watch on the supply chain of food items like rice, atta, lentil and soyabean oil, said former planning commission member Prof. Dr. Sattar Mondal.

The noted economist, however, attributed the price hike of essentials in the country to global pandemic and Russia-Ukraine war.

But, he also emphasised that the government should ensure smooth supply of the commodities in the market.
 
The government needs to make mass people conscious as they do not go for 'excessive buying' of essential commodities because such 'panicked buying' can make the situation worse, he added.

As the price of edible oil shows upward trend, a section of wholesalers has stockpiled huge quantities of soyabean oil through underhand dealing with the oil importers companies, alleged retailers of some city grocery markets.

"I have put an order for ten cartons or 40 bottles of 5-liter soyabean oil to the importer company recently but the company informed me that they have no stock," Siddiqur Rahman, a retailer of Islam Traders located at Barobagh Bazar of Mirpur-2.

He said he got two cartons of soyabean oil from another company but it was sold within an hour.

Another retailer Monayem Khan of Emran store of Mirpur-2 said he gave an order for 20 cartons of oil to the importer company, but he was supplied only two cartons.

As some buyers attributed the price hike to hoarding essentials, retailers denied of stockpiling at their levels but admitted that there can be some incident of stockpiling at wholesale level.

"There is no stock of soyabean oil at the retail level, but stock can be made at the wholesale level," said M Zahidul Islam alias Zahid, a retailer of Zahid general store of Kawran Bazar in Tejgaon area.

Some dishonest wholesalers have made a 'syndicate' and have hoarded daily essentials, alleged Mohammad Masum of Mayer Doa General Store at Kawran Bazar.

Noted economist Dr Quazi Kholiquzzaman opined that the government must take tougher action against any irregularities in the markets so that no one can create any artificial crisis.

He also put importance on government's continue monitoring and revitalizing the state arm TCB to keep controlling the price of daily commodities.

Former central bank governor Dr. Atiur Rahman however, suggested the government for preparing a contingency plan on imported products from the international market considering the Russia-Ukraine war as the long term war could affect the supply of the imported products.

The government must lay emphasis on promoting cultivation of mustard, which could be an alternative to the soyabean oil, he said, adding that, "The government must tighten monitoring for smooth supply of products in local markets."

"Boosting market monitoring is urgently needed so that none can manipulate the commodity prices because people, especially the low-income group, become victim of the situation," he added.


Commodity prices   Bangladesh  


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Inside Bangladesh

Is Bangladesh the second address of the Taliban?

Publish: 07:53 AM, 26 Jul, 2024


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Last week, widespread violence and destruction unfolded across Bangladesh, centered in Dhaka. This has raised a pertinent question: Is Bangladesh witnessing the rise of extremism akin to the Taliban? Is Bangladesh potentially becoming a second home for the Taliban?

From July 17th to July 21st, incidents of unrest and violence have occurred across the country. Upon analysis, it is evident that the main instigators behind all these events are the anti-independence Jamaat, Shibir, and some militant organizations. Evidence suggests that professional militants have attacked various important establishments such as BTV, Metro Rail, and Elevated Expressway. Particularly concerning is the incident where militants managed to escape from Narshingdi jail, which raises several questions.

During this agitation (quota reform movement), BNP and its student wing were certainly involved, but they were supportive forces. Towards the end, with hopes of profiting and causing the government's downfall, they appeared on the field as allies of Jamaat-Shibir's B Team. However, the entire planning and execution of this movement were orchestrated by Jamaat, Shibir, and professional militants. This raises the question whether Bangladesh is witnessing a resurgence of terrorism. Because all these incidents have been orchestrated in such a manner that they couldn't have been carried out without the involvement of trained terrorists. This incident has made it clear that in Bangladesh, extremist, blind faith-driven, and reactionary groups remain active and have abundant weapons at their disposal.

In Bangladesh, there have been various instances of attempts to promote terrorism. Particularly in 2001, after the BNP-Jamaat alliance came to power, terrorism was encouraged and supported.

Research reveals that during that time, Bangla Bhai, along with Sheikh Abdur Rahman, led all the terrorists, who were under the parole of Jamaat and controlled by Jamaat. All these militant organizations orchestrated bomb attacks nationwide at that time. They carried out bomb attacks in court premises. Subsequently, various efforts were made gradually to curb terrorism. Upon assuming power, the Awami League government took a stern stance against terrorism. However, the Holy Artisan incident opened everyone's eyes. It became evident that terrorism still maintains a strong presence in Bangladesh.

After the Holy Artisan incident, the government adopted a zero-tolerance policy against terrorism and granted special importance to counterterrorism efforts. However, this did not eradicate terrorism completely. Terrorists became active from various locations, especially in the hilly areas where there have been reports of terrorist training camps. Due to all these reasons, it is believed that terrorists have reorganized and are attempting to overthrow the government. Following the unrest in July, it seems terrorists are now more organized than ever before. Therefore, they must be thwarted immediately. Failure to do so may turn Bangladesh into another Afghanistan in the days to come.



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Inside Bangladesh

IU closed until further notice, students asked to vacate halls


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Citing clashes and fatalities at various universities across the country over the quota reform movement, Islamic University (IU) has been closed indefinitely, prioritizing the safety of its students.

This decision was made at the 264th emergency syndicate meeting held on Wednesday (July 17th) at 10:30 AM, presided over by the Vice Chancellor Professor Dr Shaikh Abdus Salam.

A notice was issued, signed by IU acting registrar HM Ali Hasan in this regard.

Registrar’s Office Sources informed that considering the unforeseen circumstances arising at various educational institutions across the country, all academic activities of Islamic University will remain suspended until further notice, prioritizing the overall safety of the students. Male students have been instructed to vacate their hall by 1:00 PM on July 17 and female students by Thursday (18th July) 10:00 AM.


IU   Student Protest  


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Inside Bangladesh

9 killed as microbus, auto rickshaw plunge into Barguna river

Publish: 02:18 AM, 23 Jun, 2024


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At least nine people were killed and several others injured as a microbus, carrying a bridal party, plunged into a river after a bridge collapse in Amtali upazila of the district today.

The deceased were identified as Rubia ,45, wife of Rakibul Howladar, Raiti Khan,22, wife of Sohail Khan, Fatema,35, wife of Babul Matbar, Shahnaz Akhtar, 37, wife of Abul Kalam, and her  two daughters Tahiyat Mejbin, 7, and Tasfia Mubassera, 12, Farida Begum,48,  wife of Fazlur Rahman Khan, residents of  Kokararchar village of  Shibchar upazila in  Madaripur district,  Zakia, 35 ,   wife of Zahirul Islam and her  daughter Rukaid Islam, 5, resident of Taktabunia village of Amtali Upazila Haldia Union in Barguna district.

The accident occurred when they were going to attend a wedding ceremony in Amtali Municipal Town on a microbus while crossing the connecting bridge of Chawra Union and Haldia Union of the upazila around 2:30 pm this afternoon as the bridge collapsed into the Subandhi river, leaving at least 20 people injured, officer-in-charge (OC) of Amtali Police Station Kazi Tofazzal Hossain Tapu said.

Later, fire service and police personnel rescued the injured and took them to Amtali Upazila Health Complex where on-duty doctor declared nine of them dead, he said.

Golam Sarwar Tuku, MP of Barguna-1 constituency and Deputy Commissioner Rafiqul Islam visited the spot.

The bodies will be handed over to theirs family members after legal process, The OC added.


(Source: BSS)



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Inside Bangladesh

Farewell darbar held for outgoing army chief

Publish: 02:12 AM, 23 Jun, 2024


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The outgoing Chief of Army Staff General SM Shafiuddin Ahmed received farewell ‘darbar’ here today.

He also exchanged views with the military officers, junior commissioned officers (JCOs) and other army personnel of different ranks, according to an ISPR press release.

Army personnel from all cantonments participated in the darbar through Video teleconferencing (VTC), the release added.

In his farewell address, the Army Chief expressed his special gratitude to Prime Minister Sheikh Hasina, saying that the Bangladesh Army has stood with its head high before the world today as a modern and smart force due to the sincere efforts of the premier.

He also expressed his sincere gratitude to all concerned for their full cooperation during discharging duties.


(Source: BSS)



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Inside Bangladesh

Over 17 lakh people marooned in Sylhet, Sunamganj floods

Publish: 02:07 AM, 23 Jun, 2024


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A devastating floods in Sylhet and Sunamganj inundated much of two northeastern districts leaving over 17 lakh people stranded and damaging standing crops and infrastructures.

 
Residents and officials of local administrations told BSS that 17,57,222 people have been marooned in Sylhet and Sunamganj districts as this year's second spell of flood submerged vast swaths of the two district creating huge suffering of the people.
 
Among the total people, who are marooned by flood water, 7.92 lakh people are in Sunamganj and 9.64 lakh people are in Sylhet, they added.
 
Officials of Sylhet district administration said the first spell of flood affected thousands of people in 13 upazilas and municipalities of Sytlhet district in late May and the flash flood prolonged first week of the current months leaving a large number of people marooned.
 
The authorities have set up 6,392 shelter centres after the second round of flood hit Sylhet and Sunamganj districts. As flood water started receding, people are going to home from shelter centres.
 
The Sunamganj district administration sources said flood water submerged 11 upazilas and Sunamgaj municipality.

Mayor of Sylhet City Corporation Anwaruzzaman Choudhury said, "Volunteer teams of city corporation are working to extend assistances for flood-hit people. We have arranged adequate amount of food at shelter centres."

A devastating flood, triggered by heavy rainfall and onrush water from hilly regions, have affected 20 lakh people in Sylhet and Sunamganj districts, according to a statement of UNICEF issued today.

 The statement, signed by Sheldon Yett, UNICEF Representative to Bangladesh, read among 20 lakh flood affected people in two northeastern regions - Sylhet and Sunamganj - 7.72 lakh are children.
 
The UNICEF called for emergency assistances for flood-hit children as they (children) are the venerable segment of the population in case of any natural disaster.

Sheldon Yett said, "When flood waters are in rising trend, unsecured condition has created for children. They face different problems including drowning, malnutrition and various water-borne diseases."

The UNICEF in cooperation with of Bangladesh government and other organization working at field level have distributed safe drinking water among one lakh flood-hit people in Sylhet and Sunamganj to reduce their suffering.

Alongside distribution of drinking water, the UNICEF also distributed over 10 litre capacity 3000 water pots for the people in food-hit regions.

According to the UNICEF statement, 810 primary schools in Sylhet Division have been submerged by flood water while 500 primary schools are used as shelter centre for flood-affected people. As many as 140 community clinics have been damaged by flood waters in the Sylhet region, it added.
 
 Water levels at 59 river stations monitored by Flood Forecasting and Warning Centre (FFWC) have marked rise while 48 stations recorded fall.

Among the 110 monitored river stations, two have been registered steady and water levels at seven river stations are flowing above the danger level, a bulletin issued by the FFWC said here today.

The Teesta River is flowing at 15cm above danger level at Kaunia station while the Surma at Kanaighat, the Kushiyara at Amalsad, at Sherpur-Sylhet and at Markuli, the Old Surma at Derai and the Someshwari at Kalmakanda are flowing 35cm, 15cm, 18cm, 39cm, 23cm and 34cm are flowing respectively.

The Ganges-Padma rivers are in rising trend, which may continue in the next 72 hours, the bulletin said, adding that the major rivers in the North-eastern region of the country are in falling trend which may continue in the next 72 hours.

Overall improvement of the flood situation in various low-lying areas under districts of the North-eastern part of the country may continue in the next 72 hours.

According to the information from meteorological organisations, low to medium rainfall in next 24 hours and medium to heavy rainfall in the next 48 to 72 hours is expected in the Northern and adjoining upstream parts of the country.

As a result, the water level of Dudhkumar, Teesta and Dharla rivers in those regions may fall in the next 24 hours which may rise in particular time in the next 48 to 72 hours.



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