Home / Knowledge / News / Apparel/Garments / BGMEA urges Bangladesh Govt not to hike gas price

BGMEA urges Bangladesh Govt not to hike gas price

27
Mar '19
BGMEA urges Bangladesh Govt not to hike gas price
Bangladesh's apparel and textile manufacturers recently urged the government not to hike gas prices so that the sector remains sustainable. Conveying this at a press conference in Dhaka, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Mohammad Siddiqur Rahman urged the government to formulate an energy policy and give priority to the sector.

Mohammed Ali Khokon, president of the Bangladesh Textile Mill Association (BTMA) and Monsur Ahmed, acting president of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), were also present at the press conference.

The gas price hike will result in reduced employment, Bangla media reports quoted him as saying.

Gas distribution companies recently proposed raising the price of gas from Tk7.76 per cubic feet to Tk15.70 per cubic feet or by 93 per cent for the industry, while it proposed raising it by 63 per cent to Tk15.70 per cubic feet from Tk9.62 per cubic feet for captive power.

The authority also proposed to increase gas prices by 17 per cent to Tk20 per cubic feet from Tk17.04 per cubic feet for commercial use. (DS)

Fibre2Fashion News Desk – India


Must ReadView All

Sri Lankan apparel sector to compete in emerging markets

Apparel/Garments | On 23rd Apr 2019

Sri Lankan apparel sector to compete in emerging markets

Sri Lanka's apparel industry, with an export target of $8 billion by...

Pic: Amazon

E-commerce | On 23rd Apr 2019

Amazon to reportedly shut down China retail operations

Amazon is reportedly planning to close down online retail operations...

Vietnam's yarn industry faces difficulties in export

Textiles | On 23rd Apr 2019

Vietnam's yarn industry faces difficulties in export

Vietnam's yarn industry is facing many challenges in production and...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli, Epson, For.Tex & F.lli Robustelli

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Victor Chao, Esmetex

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Top executives, Textile industry

Top executives
Textile industry

Sustainable fashion is also ‘slow fashion’

Iacopo Pardini,

Iacopo Pardini

Founded in 1953, Italian engineering company Arioli Spa started...

Vasudevan LK,

Vasudevan LK

Epson is a world leader in digital imaging and printing solutions....

Ravindra Jain, Ashish Baid,

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Justin Gutierrez, INDA

Justin Gutierrez
INDA

The Association of the Nonwoven Fabrics Industry (INDA) has created a new...

Ray Baughman, University of Texas -Dallas

Ray Baughman
University of Texas -Dallas

<div>A team of scientists and researchers have discovered twistrons,...

Tiasha Renganathan, Twinery Innovations by MAS

Tiasha Renganathan
Twinery Innovations by MAS

Twinery-Innovations by MAS is the innovation arm of Sri Lankan company MAS ...

Ritu Kumar, Label Ritu Kumar

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Amiben Shroff, Shrujan

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Rajesh Pratap Singh, Rajesh Pratap Singh

Rajesh Pratap Singh
Rajesh Pratap Singh

<div>Ace fashion designer <b>Rajesh Pratap Singh</b> has used Tencel to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


April 2019

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search