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Hike in energy price hurting garment makers in Bangladesh

Related Keywords: Bangladesh’s export earnings, Dhaka Chamber of Commerce and Industry, electricity prices, exporters association president, FDI in Bangladesh, garment manufacturers, gas prices, power prices, textile industry of Bangladesh, textile manufacturers

Textile makers of Bangladesh are under pressure after the recent hike in gas and electricity tariffs as it would increase their production cost and would hence reduce the competitiveness of their products in the global market.

The Bangladeshi textile and garment manufacturing sector was already disturbed due to months-long political unrest and euro devaluation.

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