Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has expressed concern over the hike in fuel price saying it will have impact on export growth. BGMEA President Faruque Hassan told UNB on Saturday that many garment industries will suffer losses and a number of them may face risk of shutting down. “The export
Tag: price hike
Fodder price hike leave cattle farmers fretting ahead of Eid
With barely three-four days left for Eid-ul-Azha, cattle farmer Azizul Haque is a bit worried. The reason -- he has not been able to fatten naturally the four bulls he has been rearing since last October. Like him, many small-time farmers in Bangladesh have been struggling to feed their cattle properly
LPG price hiked by Tk 1 per kg
Petroleum price may go up next month: Nasrul Hamid
State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said that the government is considering a hike in petroleum prices from next month. "But the decision will come after discussion with all stakeholders including transport business operators", he told UNB on Friday. He said the state-owned Bangladesh Petroleum Corporation (BPC)
Any rise in power, gas tariff to be suicidal: FBCCI
Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) has demanded the government does not raise the tariff of power and gas saying that any rise such utilities would be a suicidal one. The leaders of the highest business body made the demand while addressing a press conference at its
NAP demands withdrawal of decision to raise soyabean oil price
The National Awami Party (NAP) in a statement Saturday condemned the decision to raise soyabean oil price and demanded its immediate withdrawal. The statement issued by its president Enamul Haque and general secretary Paritosh Debnath said the hurriedly taken decision to raise soyabean oil price by Tk 38 per litre came
BNP demands withdrawal of decision to raise soybean oil price
BNP Secretary General Mirza Fakhrul Islam Alamgir Friday demanded withdrawal of the decision to increase the price of soybean oil, alleging the move was taken to protect the interests of the ruling quarters. "After the meeting of the mill owners with the Commerce Secretary, the price of bottled soybean oil has
Covid fallouts, Russia-Ukraine war behind price hike: PM
Prime Minister Sheikh Hasina on Monday blamed the Covid-19 fallouts and Russia-Ukraine war behind the soaring prices. "The prices of essentials have marked a rise not only in Bangladesh but also elsewhere in the world due to the Covid-induced recession in the global economy. That's why the prices have increased in
Experts reject proposed gas price hike
Speakers at a discussion meeting on the country's 'gas crisis' -dwindling reserves met with increasingly expensive imports - trashed a proposed price hike sent to the energy regulator by the state-owned gas distribution companies for drawing on erroneous assessment. "The proposal to hike the gas price by 117 percent is abnormally
