fuel price hike

Budget Subsidies: Big chunks go to power, fertiliser

The allocation for subsidies in agriculture, food, and power will be raised considerably in the next budget, with an aim to ease inflationary pressure on people.

Oil prices jump after oil powers' announcement of output cut

Oil prices surged on Monday after Saudi Arabia and other OPEC+ producers announced a surprise round of output cuts, a potentially ominous sign for global inflation just days after a slowdown in US price data had boosted market optimism.

State-run oil companies see higher profits

While most listed companies struggled to raise profits in the first half of 2022-23 owing to higher petroleum prices, listed state-run oil companies in Bangladesh saw a staggering double-digit growth in earnings.

Fuel price hike could have been avoided: Wahiduddin Mahmud

Bangladesh would hardly have needed to go for a sudden hike in fuel prices last year had the government waived value added tax (VAT) on petroleum, Eminent Economist Wahiduddin Mahmud said today.

A roller-coaster year comes to an end

Let us forge ahead with the lessons taught by 2022

How did 2022 go for Bangladesh?

Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.

Automated fuel pricing likely from next quarter

The government is likely to introduce dynamic fuel pricing next quarter -- a development that will dramatically lessen the subsidy burden and pave the way for enhanced social spending.

BNP to hold rallies in divisional headquarters from October 8

BNP has announced to hold rallies in divisional headquarters from October 8, protesting the price hikes of the daily essentials and fuel and also killing of its activists during recent protest programme.

Autogas consumption rising amid higher fuel costs

The number of filling stations that dispense liquefied petroleum gas (LPG), also known as Autogas, is on an upward trend across the country as consumption is growing amid government efforts to cut dependency on  compressed natural gas (CNG) and fuel oil.

May 30, 2023
May 30, 2023

Budget Subsidies: Big chunks go to power, fertiliser

The allocation for subsidies in agriculture, food, and power will be raised considerably in the next budget, with an aim to ease inflationary pressure on people.

April 3, 2023
April 3, 2023

Oil prices jump after oil powers' announcement of output cut

Oil prices surged on Monday after Saudi Arabia and other OPEC+ producers announced a surprise round of output cuts, a potentially ominous sign for global inflation just days after a slowdown in US price data had boosted market optimism.

February 15, 2023
February 15, 2023

State-run oil companies see higher profits

While most listed companies struggled to raise profits in the first half of 2022-23 owing to higher petroleum prices, listed state-run oil companies in Bangladesh saw a staggering double-digit growth in earnings.

February 4, 2023
February 4, 2023

Fuel price hike could have been avoided: Wahiduddin Mahmud

Bangladesh would hardly have needed to go for a sudden hike in fuel prices last year had the government waived value added tax (VAT) on petroleum, Eminent Economist Wahiduddin Mahmud said today.

December 31, 2022
December 31, 2022

A roller-coaster year comes to an end

Let us forge ahead with the lessons taught by 2022

December 29, 2022
December 29, 2022

How did 2022 go for Bangladesh?

Bangladesh economy was all set at the beginning of 2022 to get its growth momentum back after recovering from the prolonged Covid-19 pandemic. But, the start of the Ukraine war in February slowed the country’s joy run significantly, making it an eventful year to remember. Let’s see how 2022 was for Bangladesh.

November 7, 2022
November 7, 2022

Automated fuel pricing likely from next quarter

The government is likely to introduce dynamic fuel pricing next quarter -- a development that will dramatically lessen the subsidy burden and pave the way for enhanced social spending.

September 28, 2022
September 28, 2022

BNP to hold rallies in divisional headquarters from October 8

BNP has announced to hold rallies in divisional headquarters from October 8, protesting the price hikes of the daily essentials and fuel and also killing of its activists during recent protest programme.

September 7, 2022
September 7, 2022

Autogas consumption rising amid higher fuel costs

The number of filling stations that dispense liquefied petroleum gas (LPG), also known as Autogas, is on an upward trend across the country as consumption is growing amid government efforts to cut dependency on  compressed natural gas (CNG) and fuel oil.

September 5, 2022
September 5, 2022

“If India has surplus oil, Dhaka could buy it given favourable prices”

Prime Minister Sheikh Hasina discussed a range of issues, including Myanmar and energy security, with Indian External Affairs Minister S Jaishankar in New Delhi today during her first official engagement on the opening day of her four-day state visit to India.

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