- 07 Sep 2026
News Details
- Home
- /
- Media
- /
- Current News
- /
- FBCCI Meets Stakeholders to Curb Market Manipulation
Accelerating the Trillion Dollar Journey
A crucial views-exchange meeting was convened on 1 September 2026 by the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) at its Motijheel headquarter, aiming to evaluate the overall stock, supply, import, and pricing of daily essential commodities. Key market stakeholders, including representatives from retail, wholesale, milling, and corporate import sectors, along with consumer rights advocates and government bodies, were gathered under one roof to monitor market dynamics and safeguard consumer interests.

The discussion was chaired by FBCCI Administrator Mr. Md. Fazlul Hoque.
During the session, Administrator Mr. Md. Fazlul Hoque expressed concern over public anxiety regarding possible inflation linked to the new salary adjustments. He emphasized that no direct relationship exists between the new pay scale and market prices, urging business leaders to commit to price stability. Additionally, clear statements were requested from the government to reassure consumers and prevent market manipulation. Meanwhile, traders and manufacturers agreed that essential commodity prices could remain stable if supply chains operate without disruption.
Multiple operational challenges and structural supply chain issues were highlighted during the meeting. Mill owners reported production disruptions caused by ongoing gas and electricity shortages, urging swift government action and a resolution to letter of credit (LC) complications. Business leaders emphasized that market stability depends heavily on uninterrupted import channels and smooth factory operations. Furthermore, recommendations were made to reduce the number of intermediaries, tighten oversight on unregistered traders, and curb the influence of middlemen to protect consumers.
State agency representatives detailed ongoing social safety net efforts, with TCB distributing subsidized goods to nearly one crore families via Family Cards and the Directorate General of Food providing low-cost rice. In response, business leaders suggested that TCB should develop direct import capabilities and explore alternative sourcing rather than relying solely on domestic suppliers.

It was confirmed by Fazlul Hoque that all compiled recommendations from the meeting would be submitted to relevant ministries to ensure actionable policy implementation rather than symbolic gestures.
The meeting was attended by Secretary General of FBCCI Mr. Md. Alamgir, along with representatives from different trade bodies, leaders from several district chambers and associations, representatives from corporate companies, FBCCI general body members, as well as delegates from the Ministry of Commerce, Ministry of Industries, Ministry of Food, TCB, Bangladesh Trade and Tariff Commission, Bangladesh Competition Commission, Directorate General of Consumers’ Right Protection, Consumers Association of Bangladesh (CAB), and the Bangladesh Food Safety Authority, among others.