Dhaka | Dhaka City | Bangladeshi News
Dhaka | Dhaka City | Bangladeshi News
Food prices soar in Muslim-majority Bangladesh during the Islamic month of fasting, which will begin in the second fortnight of March this year. This happens when traders take advantage of rising demand for certain products, including cooking oil, onions, sugar, pulses, fruits, vegetables and spices. In the meeting, business leaders discussed the prices of cooking […]
The International Monetary Fund has welcomed Bangladesh’s efforts to cut subsidies for the energy sector by increasing the prices of fuel oil, gas and electricity, indicating more price hikes. In a country report on government requests for loans, the IMF said authorities would explore options to gradually reduce energy subsidies. Control measures could exacerbate ongoing […]
Mohammad Hatem, president of the Bangladesh Knitwear Manufacturers and Exporters Association, said the government had promised not to raise electricity prices for industries. “But if the price increases for us, the cost of production will go up and add to the current crisis.” At Sunday’s hearing, Professor Shamsul Alam, energy advisor to the Consumers Association […]
Usman Ghani, former president of the Bangladesh Knowledge and Creative Publishers Association, alleged that a syndicate of businesses was inflating paper prices. They feel that the increase in the price of paper will force the publishers to cut printing by 50 percent. “When it is time for book fairs and printing of textbooks, the paper […]
