Keep market stable during Ramadan

FBCCI requests traders

FE Team | Published: December 18, 2023 23:07:23

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has called on traders to keep the supply of essential commodities normal, and prices under control, during the Muslim holy month of Ramadan, reports UNB.
President of the FBCCI Mahbubul Alam made this call to traders in a meeting to discuss the issue of normal supply and stable prices of daily commodities during the upcoming Ramadan, held at the FBCCI Icon Tower in Motijheel on Monday.
Ramadan in 2024 is expected to commence around the world on March 10.
He said that businessmen are the life of the country, they are creating jobs, and that's why the country is moving forward so fast.
"To set up an industry requires obtaining licenses from 43 agencies, yet traders conduct business activities. But the sad is that despite all the hardships, the entire business community is getting a bad name, due to some dishonest traders," said FBCCI President.
He said that FBCCI has objection if any trader wants to disrupt the supply of daily commodities in the market, so, FBCCI always favour fair business.
Mahbubul also said, "We are not with those who will unethically create crisis in the market. We don't want to hear any talk of traders being dishonest, or syndicated. We want traders to trade. If there is a problem, a solution will be taken. But we don't want any bad name."
He said, "There are complications with LC opening, this is what we are talking about. I will talk more if necessary. But I think it is more important to coordinate between the ministries that are related to the market." He also said that FBCCI is working sincerely to solve the problem of VAT-tax related to fruits including dates.Mahbubul also urged the district chambers to work in coordination with the district commissioner in reviewing the market situation.
Senior Vice President of FBCCI Amin Helaly, vice-president Khairul Huda Chapal, directors, and business leaders of various sectors, among others attended the meeting.