Dhaka: On August 6, Bangladesh raised fuel prices by around 50%. The fuel price increase was inevitable given global market conditions, the ministry stated. It also added that the state-run Bangladesh Petroleum Corporation had incurred a loss of more than 8 billion taka ($85 million) on oil sales in the six months to July.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Magnitude 6.2 earthquake strikes Philippines

A magnitude 6.2 earthquake struck the Philippines on Thursday, the US Geological…

China hopes for de-escalation in Middle East after ceasefire

China has welcomed the Gaza ceasefire agreement and said it hoped it…

Covid-19 positivity rate falls below 1 percent

According to the government’s database, 228 new cases of the Covid-19 epidemic…

Indian man killed over daughter’s viral video

Police in the western Indian state of Gujarat have arrested seven people…