gas price hike
5 Top Stories to Know Today
If you have missed out on the news updates, then do not worry. Just scroll down and take a look at the important stories all in one place.
Gas price hike to fuel costs for ceramics makers
Production costs in the ceramics industry of Bangladesh will rise by up to 15 per cent due to a recent hike in the price of gas, which adds to the list of crises threatening the sector’s overall growth, according to manufacturers.
Hike gas prices in phases, not at one go: BGMEA
The garment makers have urged the government to increase gas price in phases because it is tough to tolerate a sudden big hike amid the existing volatile domestic and global economic situation.
Gas, power price hike: Pharma sector fears 25% rise in production cost
Medical treatments are about to get costlier as production cost for manufacturing drugs will go up by at least 25 per cent following a recent hike in gas and power charges, according to manufacturers.
Gas price hike spells trouble for industries
The latest hike of gas prices undoubtedly spells trouble for industries as they will try to shift the burden onto consumers by raising product prices, which will boomerang onto them by eating away at their competitiveness in international markets.
Fixing Energy Prices: Govt curtails BERC’s power as regulator
Due to government interventions, the independent oversight of the Bangladesh Energy Regulatory Commission is being compromised, crippling its ability to ensure transparency in the sector, energy at a reasonable cost, and consumers’ interest protection.
REACTION / ‘Fresh gas price hike to raise cost of production’
The latest gas price hike will increase the cost of production in the country, Khondaker Golam Moazzem, research director of the Centre for Policy Dialogue, told The Daily Star.
Electricity price hike will haunt both the people and the government
What impacts will the recent electricity price hike bring, in the context of the ongoing inflation?
Gas price hike: Source taxes add to plight of consumers
The Consumers Association of Bangladesh took the Bangladesh Energy Regulatory Commission to court to make them review their decision to hike gas prices and the High Court on Monday asked BERC why it was not doing so.
Govt feels uneasy for hike in gas prices, says Quader
The government is feeling uneasy but it had to increase the gas tariff only for "adjustment", Road Transport and Bridges Minister Obaidul Quader says.
Household gas Tk 175 pricier
Households have to pay Tk 175 more for gas from this month, as the energy regulator yes-terday raised tariff for all users, saying the move would help the government bear the expenses of importing liquefied natural gas.
Decision of gas price hike anti-people: Jatri Kalyan Samity
Bangladesh Jatri Kalyan Samity, a passenger welfare platform, says that the government has created a space of stoking social unrest and increasing the cost of livelihood of people by hiking the gas price.
Gas price will be increased for all users by 32.8% from July 1
Gas price will be increased for all users by 32.8pc from July 1. Price of single burner will be Tk925, double burner Tk 975, says BERC.
No need for gas price rise if graft curbed
There would have been no need to increase the gas price even if half of the corruption in Petrobangla and Titas was reduced, the High Court said yesterday.
Businesses fume over bid to hike gas price
Business leaders yesterday spoke out against the distribution companies' proposal to hike the gas price by 132 percent for industrial units and recommended raising the prices in phases.
BNP will resist gas price hike: Fakhrul
BNP Secretary General Mirza Fakhrul Islam Alamgir says that his party will go on tough agitation if the government hikes the prices of gas.
Don't panic
In the face of strong opposition from consumers, the energy regulator hinted it may raise gas prices lower than that proposed by the distributors as the four-day public hearing on the proposals ended yesterday.
Leftists threaten hartal if move to raise gas prices not scrapped
Bangladesh Energy Regulatory Commission (Berc) held its public hearing on proposals for raising gas prices for the third consecutive day as left-leaning parties threatened to go for action programmes like hartal if the government does backtrack on its move.
Gas price hike: HC order on BERC’s public hearing Mar 31
The High Court is to deliver its order on March 31 on a petition that challenged the legality of Bangladesh Energy Regulatory Commission’s ongoing public hearing for further increasing gas price.