The government could have reduced fuel prices by more than Tk 5 per litre, said Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Md Jashim Uddin yesterday.
Bangladesh’s marine fishing industry is barely keeping head above water as their operating costs have risen significantly after fuel prices were hiked twice in the last eight months.
Cheaper varieties of farmed fish, such as climbing gourami, pangasius and tilapia, are major protein sources for the country’s lower and lower-middle class but the recent hike in fuel prices has led to a subsequent rise in their production and transport costs.
The Bangladesh Energy Regulatory Commission Act-2003 clearly states that only the commission, a statutory body for regulating the country’s energy sector, can increase or adjust fuel prices.
If things are bad, there must be a good reason for it.
The government must reconsider its fuel price hike decision
Does the government at all care about the socioeconomic fallout of massive fuel price hikes?
Take the recent and absurd fuel price hike, for example. The country's people are focusing on and monitoring how we, the citizens of Dhaka, will handle this situation so they can follow suit. To them, we say, “Hold my Borhani.” The fuel price hike gave an extra flare to the attitude of operators of CNG-run auto-rickshaws, Uber cars, and Pathao bikes, thus rendering the daily commute undesirable. Yet, most fail to grasp the opportunities we are presented with, such as being innovative and healthy. Power walking or riding your bicycle for commute is your divine solution.
The government could have reduced fuel prices by more than Tk 5 per litre, said Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Md Jashim Uddin yesterday.
Bangladesh’s marine fishing industry is barely keeping head above water as their operating costs have risen significantly after fuel prices were hiked twice in the last eight months.
Cheaper varieties of farmed fish, such as climbing gourami, pangasius and tilapia, are major protein sources for the country’s lower and lower-middle class but the recent hike in fuel prices has led to a subsequent rise in their production and transport costs.
The Bangladesh Energy Regulatory Commission Act-2003 clearly states that only the commission, a statutory body for regulating the country’s energy sector, can increase or adjust fuel prices.
If things are bad, there must be a good reason for it.
The government must reconsider its fuel price hike decision
Does the government at all care about the socioeconomic fallout of massive fuel price hikes?
Take the recent and absurd fuel price hike, for example. The country's people are focusing on and monitoring how we, the citizens of Dhaka, will handle this situation so they can follow suit. To them, we say, “Hold my Borhani.” The fuel price hike gave an extra flare to the attitude of operators of CNG-run auto-rickshaws, Uber cars, and Pathao bikes, thus rendering the daily commute undesirable. Yet, most fail to grasp the opportunities we are presented with, such as being innovative and healthy. Power walking or riding your bicycle for commute is your divine solution.