February 2, 2023
1 min read

LPG becomes costlier in Bangladesh

Experts claimed the markup in the retail power and energy prices would likely push up the nation’s inflation rate again….reports Asian Lite News

The price of Liquefied Petroleum Gas (LPG) in Bangladesh has been hiked by 22.15 taka per kg to 124.85 taka.

Bangladesh Energy Regulatory Commission (BERC) in Dhaka announced the latest LPG price in a statement, reports Xinhua news agency.

The new price came into effect from Thursday 6 p.m.

The 12 kg cylinder LPG price, which was 1,232 taka in January, would now stand at 1,498 taka after the hike.

The move to raise LPG price came after the electricity price was hiked by 5 per cent to 7.48 taka per unit on a weighted average.

State Minister for Power, Energy and Mineral Resources Nasrul Hamid said the government is working on a plan to adjust power and energy prices every month.

The Minister said backlog made due to financial losses in gas import would be likely overcome to some extent if the price adjustment is made on a monthly basis.

Experts claimed the markup in the retail power and energy prices would likely push up the nation’s inflation rate again.

Inflation in the country accelerated to 9.52 per cent in August last year, the highest in 10 years, mainly driven by higher food prices, according to the Bangladesh Bureau of Statistics.

ALSO READ: Good Governance Brings Growth in Bangladesh

Previous Story

Martial law declared in 37 Myanmar towns

Next Story

Hindenburg erases Adani’s $100 bn

Latest from -Top News

Uyghurs Face ‘More Repression, No Relief’

CFU stressed that, instead of addressing the UN’s recommendations, Beijing has escalated its repression…reports Asian Lite News On August 31, 2025, Campaign for Uyghurs (CFU) marked the third anniversary of the United

Afghan Quake Toll Hits 1,457

More than 6,700 homes have been destroyed due to earthquake as international aid agencies struggle to reach people in remote areas…reports Asian Lite News The death toll from the powerful earthquake that

Xi, Putin, Kim conspiring against US, says Trump

Trump accused Xi of “conspiring against” America after hosting Putin and Kim at Beijing’s largest military parade….reports Asian Lite News US President Donald Trump unleashed a sharp rebuke at Chinese President Xi

India, UAE chase $100b trade dream

India and the UAE reaffirmed their CEPA partnership, setting a $100 billion non-oil trade target by 2030, with strong focus on energy, food, healthcare, and technology….reports Asian Lite News India and the
Go toTop

Don't Miss

Suspected Al Qaida terrorist wanted in India, arrested in B’desh

Ikramul Haque was apparently arrested from the Sabuj Bagh area

Death toll from B’desh depot blast rises

Currently, 10 fire service units are working along with a