The severe gas crisis is increasing the cost of manufacturing of goods for both local and export markets, which may ultimately hit the pockets of consumers in the form of higher prices and the economy since overseas sales could see further slowdown.
The production in the packaging industry of Bangladesh fell 25 percent in 2023 due to under-supply of raw materials and a decline in demand, according to industry people.
The growth of the country’s packaging industry is in a slow lane due to the persisting economic uncertainty and the impacts of the price hike of the US dollar, gas and electricity, according to industry people.
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) today honoured 10 individuals and companies with the inaugural Business Excellence Awards in recognition of their contribution to the business and the economy.
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday honoured 10 individuals and companies with the inaugural Business Excellence Awards in recognition of their contribution to the business and the economy.