The readymade garment (RMG) and its associated industries, including accessories makers, are set to face a fresh blow due to the latest price hike of fuel oils. The hike came at a time when the country’s largest foreign currency earning sector started receiving lower work orders and opened the fiscal …
Read More »Bus fares raised by 16-22pc
With the fuel price surge announced on Friday, bus fares for both city and long-distance routes see an increase ranging between 16 and 22 per cent, effective from today (Sunday). The fare fixation committee of Bangladesh Road Transport Authority (BRTA) in consultation with the stakeholders revised the bus fares upwards …
Read More »Fuel prices equal to India, lower than other neighbouring states
Even after the latest hike in fuel prices in Bangladesh it is equal to India and comparatively lower than the other neighbouring countries, said Information Minister Hasan Mahmud, reports UNB. He made the remark Saturday at a seminar marking Sheikh Kamal’s 73rd birth anniversary at Dhaka University. Hasan Mahmud said …
Read More »India-Bangladesh OIL Pipeline: Development works now 90pc complete: officials
Diesel imports from Numaligarh Refinery Limited in India’s Golaghat district to an oil depot in Parbatipur upazila of Dinajpur will likely begin at the end of the year if the India-Bangladesh Friendship Pipeline is completed on time, according to project officials. Md Tipu Sultan, project director of the nearly 130-kilometre …
Read More »Links lead to betting promotions on BSEC site
If you type Betwinner, which is an online sports betting site, on Google and scroll past a couple of search results, you will find a link related to Bangladesh. If you click on the link, it will take you directly to a page on the website of the Bangladesh Securities …
Read More »Fuel price hike to have a negative impact on economy: Dhaka chamber
The increase in gas price in June and the fuel price hike on Saturday will have an immediate negative impact on transportation, essential commodities and electricity, said the Dhaka Chamber of Commerce and Industry (DCCI) today. On Saturday, the government raised the price of diesel and kerosene by 42.5 per …
Read More »Costlier fuel to hit farmers hard
The government move to increase the price of diesel by a high margin has caught many farmers off guard. A number of producers said they did not even believe that the government could hike the price of diesel, used mainly for tilling, irrigating and threshing paddy, the main food crop, …
Read More »Industries fear severe impacts of fuel price hike
The cost of fuels for Plummy Fashions Ltd, the world’s greenest knitwear factory located in Narayanganj, will go up by 25 per cent owing to Saturday’s more than 50 per cent hike in the price of petroleum products. The latest blow comes at a time when the factory is already …
Read More »Edible oil processors want Tk20 a litre hike in soybean oil
Edible oil processors in Bangladesh have proposed the government raise the price of soybean oil by Tk 20 per litre, according to processors and officials of the Bangladesh Trade and Tariff Commission (BTTC). The Bangladesh Vegetable Oil Refiners & Vanaspati Manufacturers Association, a forum of the refiners, submitted a proposal …
Read More »No load shedding from October, Nasrul Hamid hopes
Authorities are hopeful that uninterrupted power supply across the country will be possible from October, State Minister for Power, Energy and Mineral Resources Nasrul Hamid said today. “The measure is temporary. The Power Division thinks it will come out of the load-shedding gradually from the next month,” he said while …
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