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

BGMEA urges Bangladesh Govt not to hike gas price

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

Pic: Shutterstock

Apparel/Garments | On 4th Aug 2020

India widens scope of credit guarantee scheme for MSMEs

India last week widened the scope of the ₹3-lakh crore credit...

Pic: IndianOil

Textiles | On 4th Aug 2020

IndianOil to set up ₹13,805 cr PX-PTA complex at Paradip

The board of Indian Oil Corporation Ltd (commonly known as IndianOil) ...

Pic: Shutterstock

Apparel/Garments | On 4th Aug 2020

EVFTA fabric origin rule a challenge for Vietnamese firms

Despite the European Union (EU)-Vietnam Free Trade Agreement (EVFTA), ...

Interviews View All

Karin Ekberg, Leadership & Sustainability

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Top executives, Fabric manufacturers

Top executives
Fabric manufacturers

Domestic manufacturers would get an edge over imported products

Rajiv Sirohi, Shara

Rajiv Sirohi

‘Portugal is taking away a major share of the mill made sector.’

KK Lalpuria,

KK Lalpuria

Indo Count Industries is an India-based home textile company engaged in...

Mehul Vithalani,

Mehul Vithalani

Gopi Knitts is one of the most celebrated manufacturers and suppliers of...

Farheen B Rahman & Priti Jain,

Farheen B Rahman & Priti Jain

Founded by business-designer duo <b>Priti Jain and Farheen Rahman</b>,...

Steve Cole, Xerium Technologies

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Mohammad Hassan, Biax Fiberfilm

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Samar Firdos, Arvind Ltd

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Tony Ward, Tony Ward

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

July 2020

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

Advanced Search