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Tags : price hike


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BIDA urges BERC to revise gas price hike

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. ..

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Businesses warn gas price hike to discourage investments

Manufacturers in the country’s 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...

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PUBLIC HEARING ON GAS PRICE HIKE: BERC blasted by consumers

Frequent booing and screams of the word ‘shame’ 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...

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Gas price hike will deter investment: businesses

The country’s business leaders strongly criticised the government’s 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...

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BAPA warns of protests over VAT, gas price hikes

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...

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LPG price hiked after VAT structure change

The price of liquefied petroleum gas has been slightly raised following a change in the structure of the value-added tax by the National Board of Revenue, according to the Bangladesh Energy Regulatory Commission...

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Business leaders raise concern over gas price hike

Business leaders have raised serious concerns to the Bangladesh Bank Governor over the proposed hike in gas prices, along with a host of other economic challenges that are increasingly hindering operations...

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Supply chain problems behind rice price hike: adviser

Finance adviser Salehuddin Ahmed on Tuesday said that not all but the price a specific variety of rice increased on the local market and blamed that supply chain management problems were behind the price hike...

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Bangladeshi people express concern over price hike: VoA survey

Many people in Bangladesh believe that the interim government has faced challenges in managing the rising prices of essential commodities compared to the previous Awami League government, says a survey conducted by Voice of America Bangla...

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Mancha concerned at price hike

The central steering committee of Gantantra Mancha, a combine of six political parties, at a meeting expressed concern over the failure of the interim government to control price hike of the essential commodities in their 100-day rule...

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Govt urged to reduce prices of essentials

Leaders of Democratic Left Alliance on Saturday at a rally in Dhaka called on the interim government headed by Professor Muhammad Yunus to take immediate steps to control abnormal price hikes of essential commodities.

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Salehuddin asks for people’s patience

Finance, commerce and science and technology adviser Salehuddin Ahmed on Wednesday said that people should be patient with inflation persisting at a decade high level for the past two years...

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NBR halves RD on sugar import

The National Board of Revenue has reduced the regulatory duty on import of refined and raw sugar with the aim of stabilising the sugar price on the local market.

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Bangladesh people under strain due to price hikes

The soaring prices of essential commodities, including rice, vegetables, eggs and broiler chicken, put increasing pressure on the low-income people, pushing them further to the wall.

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Jasod demands steps against corruption, syndicates

Leaders of the Jatiya Samajtantrik Dal-Jasod, a partner of the ruling Awami League-led alliance on Saturday at a protest rally in Dhaka called on the government to take immediate steps against mass corruption and syndicates responsible for price hikes of the essential commodities...

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Industrial credit release rises over dollar price hike

Industrial loan disbursements increased slightly by 10 per cent in the first half of the 2023-24 financial year compared with those in the same period of FY 2022-23, driven mainly by high dollar rates...

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WP to hold nationwide protests against govt failures

The Workers Party of Bangladesh, a partner in the Awami League-led alliance, will hold nationwide demonstrations on June 25, protesting against government’s failures, including price hikes of essential commodities, mass corruption, money laundering, and mismanagement in the banking sector...

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PM orders bolstering market monitoring

Prime minister Sheikh Hasina on Monday asked the commerce ministry for increasing market monitoring to check the price hike of essentials...

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