Sugar price fixed at
Tk74-75 per kg
Economic Reporter
The government has fixed sugar price at the consumer level.
According to Bangladesh Sugar Refiners Association, each kg of non-brand sugar will be sold at a maximum retail price of Tk74 and packed sugar at Tk75.
Bangladesh Trade and Tariff Commission held a meeting with traders on the instructions of the Commerce Ministry where the prices were determined by analysing domestic and international market prices.
Meanwhile, sugar prices have been rising in the domestic market for some time due to instability in the international market.
At present, unpacked sugar is being sold at Tk78-80 and packed sugar at Tk80-86 per kg.
According to Trading Corporation of Bangladesh (TCB) market research data, the price of sugar has risen by about 13% in the last month. However, this price is 26% higher than last year.
Hyundai launches ‘3S Centre’ in BD
Business Desk
Fair Technology on Sunday launched leading Korean Brand Hyundai’s ‘3S Centre’ in the capital with 3-in-1 facilities.
From now, Bangladeshi customers will get the benefit of simultaneous sales, after-sales service and purchase of original spare parts of Hyundai, said a press release.
Industries Minister Nurul Majid Mahmud Humayun attended the inauguration ceremony as chief guest.
Lee Jang-Keun, ambassador of the Republic of Korea attended the ceremony as the guest of honour, while Captain AB Tajul Islam MP, chairman of the parliamentary standing committee on disaster management and relief, attended as special guest.
Pathao ventures into fintech
Business Desk
Technology-based startup Pathao has applied for a Payment Service Provider (PSP) licence from Bangladesh Bank as it plans to venture into fintech with “Pathao Pay”.
Earlier in an interview with Dhaka Tribune, Fahim Ahmed, president of Pathao, had said that the company is going to launch a fintech service to provide payment services to its large consumer base.
According to Pathao, it currently has an ecosystem of over 8 million users that it serves with ridesharing, food delivery, and courier services, successfully creating opportunities for over 300,000 individuals, serving 30,000 f-commerce merchants and over 10,000 restaurants.
