gas price
Gas price hike spells trouble for industries
The latest hike of gas prices undoubtedly spells trouble for industries as they will try to shift the burden onto consumers by raising product prices, which will boomerang onto them by eating away at their competitiveness in international markets.
Gas price hike to fuel costs for ceramics makers
Production costs in the ceramics industry of Bangladesh will rise by up to 15 per cent due to a recent hike in the price of gas, which adds to the list of crises threatening the sector’s overall growth, according to manufacturers.
Gas price hike spells trouble for industries
The latest hike of gas prices undoubtedly spells trouble for industries as they will try to shift the burden onto consumers by raising product prices, which will boomerang onto them by eating away at their competitiveness in international markets.
Gas price will go up by 22.78% from this month
Bangladesh’s energy regulator has decided to increase gas price by 22.78 percent for all users, on average.
New gas price to be announced tomorrow: Berc
Bangladesh Energy Regulatory Commission (Berc) will announce the new gas tariff at the consumer level tomorrow (June 5, 2022).
'Tk 14,000cr subsidy needed if gas price is not hiked'
State Minister for Power and Energy Nasrul Hamid says Tk 14,000 crore subsidy needs to be added if the government does not increase gas price.
No need for gas price rise if graft curbed
There would have been no need to increase the gas price even if half of the corruption in Petrobangla and Titas was reduced, the High Court said yesterday.
Businesses fume over bid to hike gas price
Business leaders yesterday spoke out against the distribution companies' proposal to hike the gas price by 132 percent for industrial units and recommended raising the prices in phases.
Don't panic
In the face of strong opposition from consumers, the energy regulator hinted it may raise gas prices lower than that proposed by the distributors as the four-day public hearing on the proposals ended yesterday.
Gas price rise to play havoc with economy
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and a number of other trade bodies yesterday joined a growing list of groups and people who are demanding scrapping of the government's plan to increase gas price further.