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Gas price hike will increase cost of doing business: DCCI
25 Feb 2017

Recent decision of gas price hike on an average 23 percent will affect and increase cost of doing business and inflation in the country, said the Dhaka Chamber of Commerce & Industry (DCCI).

 

DCCI thinks gas supply to the industries and households is still not sufficient. Moreover, this hike will increase price spiral in the retail market. It will also impede export competitiveness, manufacturing sector, increase transportation cost and overall cost of doing business. This decision will emerge a challenge for garments and local industries as they have to survive facing hard competition in the world market. Besides, gas based power generation, captive power generation and fertilizer production will also be costlier due to this gas price hike.

 

DCCI urges the government to review the decision considering the present cost of doing business, inflation and greater interest of mass people. Moreover to improve gas crisis government may focus on using our locally extracted coal as well as strengthening BAPEX for exploring new gas fields.   

Seminar & Workshop
Jul 28, 2017
Workshop on "Domestic Enquiry and Disciplinary Action According to Labour Law" to be held during 28-29 July 2017 from 10.00 am to 05.30 pm
Jul 21, 2017
Training Course on "Logistics, Inventory and Store Management" to be held during 21-22 July 2017 from 10.00 am to 05.30 pm
Jul 21, 2017
Workshop on How to Minimize Stress in Workplace; to be held on (July 21-22, 2017; from 10:00 a.m. - 05:30 p.m.)
Jul 14, 2017
Training Course on "Development of Managerial Leadership Skill" to be held during 14-15 July 2017 from 10.00 am to 05.30 pm
Jul 14, 2017
Workshop on "ICT for Efficient Office Management" to be held during 14-15 July 2017 from 10.00 am to 05.30 pm
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