Apparel makers such as Dhaka-based Ananta Group are powering Bangladesh’s economic expansion, the fastest in Asia, but a record high gas price spike threatens to derail the industry’s growth, according to Nikkei Asian Review. In an attempt to cut losses from imported liquefied natural gas, the government raised gas prices by almost one-third on average, effective July 1, the start of the 2020 financial year. The country subsidizes gas and...
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