Another cost burden on citizens in Bangladesh
Government must be think critically before going ahead with the BERC act amendment
Both global and local macro-challenges can have serious implications for the people of Bangladesh
Bangladesh should immediately get into negotiations with energy-exporting countries to come up with favourable arrangements.
When global prices dropped, we did not see the energy prices go down in Bangladesh. Why is that?
The government could have reduced fuel prices by more than Tk 5 per litre, said Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Md Jashim Uddin yesterday.
Bangladesh’s marine fishing industry is barely keeping head above water as their operating costs have risen significantly after fuel prices were hiked twice in the last eight months.
Cheaper varieties of farmed fish, such as climbing gourami, pangasius and tilapia, are major protein sources for the country’s lower and lower-middle class but the recent hike in fuel prices has led to a subsequent rise in their production and transport costs.