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Gas price increase for industries unjustified, discriminatory

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...

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Nine factories of S Alam Group reopened

The S Alam Group reopened its nine factories on Wednesday following its withdrawal of the closure notices for the factories in the previous day...

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RMG makers facing banking challenges: study

The country鈥檚 apparel makers are facing significant challenges in banking processes, particularly with issues related to raw material imports and export proceeds receipts, according to a study...

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Port demurrage charges on RMG raw materials waived for 7 days

The government has waived demurrage charges for seven days for imported containers carrying accessories and raw materials for the readymade garment sector, which could not be delivered from the Chattogram port due to disruptions caused by unrests over the quota reform movement and the curfew imposed by the government...

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