The Bangladesh Investment Development Authority has urged the Bangladesh Energy Regulatory Commission to revise the recently announced gas price hike, saying that otherwise, it would affect the economic momentum.聽..
AN INCREASE of 33 per cent in prices of gas for use as raw materials and captive power in the industrial sector that the Energy Regulatory Commission announced on April 13 with an immediate effect is worrying for industries that plan to get new connections or expand their consumption. The plan is discriminatory. The increase will force factories seeking to use gas for...
Manufacturers in the country鈥檚 different sectors have warned that the hike in the prices of gas for new industrial and captive connections and for existing industrial connections in case of additional use would discourage new investments...
The Bangladesh Energy Regulatory Commission on Sunday announced a 33 per cent increase in gas prices for industries planning to get new connections or expand with additional gas consumption.
Frequent booing and screams of the word 鈥榮hame鈥� filled the air inside the indoor venue in Dhaka where the Bangladesh Energy Regulatory Commission on Wednesday held its public hearing on the gas price hike proposal of up to 152 per cent...
The country鈥檚 business leaders strongly criticised the government鈥檚 proposal to raise gas prices by 150 per cent for new industries and industrial expansion, calling it a discriminatory move that could deter future investors and make Bangladesh less attractive for business...
Bangladesh Textile Mills Association president Showkat Aziz Russell on Tuesday said that textile sector in Bangladesh might experience a surge in factory closures as a result of further hike in gas prices...
The country鈥檚 ceramic manufacturers urged the government not to increase the price of gas and demanded that necessary steps be taken to ensure uninterrupted gas supply to the ceramic industry...
British energy giant Shell on Thursday announced a 17-per cent drop in annual net profit owing to weaker oil and gas prices as well as asset write-offs...
The Bangladesh Agro Processors Association has called on the government to withdraw the increased VAT and taxes on processed food products and cancel the proposed gas price hike within seven days...
PETROBANGLA鈥橲 proposal seeking an increase in gas prices supplied to industries and captive power plants by 152 per cent and 140 per cent respectively, which the government says is unpleasant and unavoidable, is worrying in that industrialists say that such a move would increase production cost that will eventually fall on consumers. Whilst the...
Price of liquefied petroleum gas has been further increased to Tk 114.79 per kg from Tk 113.86 for August...