Retailers asked to keep profit margin reasonable
Tuesday, 01 April 2008

A senior BDR officer Sunday urged the retailers to keep their profit margin at a reasonable level and said the Bangladesh Rifles will monitor the market prices through intelligence, reports UNB.

“This is your responsibility to keep the prices of essentials under control,” Col Mohammad Abdul Halim, BDR director (operations & training), said at a meeting, with presidents and secretaries of retail market associations of Dhaka City, at the BDR Headquarters.

He said BDR’s main responsibility is to guard the country’s border, but since it’s a crisis time, BDR is looking after the price situation. Col Halim said BDR held meetings with businessmen and took initiatives ahead of last Ramadan that helped stabilize the market prices of essentials.

“I’m giving you a stern warning: do your business in your own way, but see that people get benefit,” he said. “We all have same objective to keep market prices at tolerable level.”

He also asked the retailers to hang the list of prices at their shops. In response, president of Hatirpool kitchen market Enamul Huq suggested that the wholesalers should give vouchers in all cases against the commodities sold to keep a tab on the retail prices. The BDR director said the voucher system was not stopped.

“If one refuses to give voucher, inform BDR or RAB.” Another trader suggested setting up BDR camp at the wholesale markets to facilitate monitoring of prices. Col Halim said camps would not be needed for BDR to monitor the prices.

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