textile mills

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. 

‘Ensure gas supply, we’ll pay more’

Textile mill owners yesterday said they were willing to shell out 40 percent more for gas if the supply was uninterrupted. Supply disruptions were costing the industry crores of taka, they said.

January 19, 2023
January 19, 2023

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. 

October 23, 2022
October 23, 2022

‘Ensure gas supply, we’ll pay more’

Textile mill owners yesterday said they were willing to shell out 40 percent more for gas if the supply was uninterrupted. Supply disruptions were costing the industry crores of taka, they said.