The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) on Saturday urged scrapping licenses of the traders found guilty of illegal hoarding of essential commodities creating an artificial crisis in the market.
FBCCI also announced that its district wing will start market monitoring along with law enforcement agencies to keep the prices of commodities stable.
The declarations came at a view exchange meeting on stock, import, supply and price of essential commodities, organised jointly by Mohammadpur Town Hall City Corporation Kitchen Market Merchants Association, (Kacha Bazar Banik Samity) and FBCCI at Mohammadpur in the city.
FBCCI Senior Vice President Mostofa Azad Chowdhury Babu said traders should refrain from cashing on the global price hikes.
Hoarding by unscrupulous distributors, dealers...