Tag: South Asia economy

Bangladesh raises fuel prices again as energy strain deepens amid global pressure

Bangladesh raises fuel prices again as energy strain deepens amid global pressure

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Bangladesh has increased fuel prices for the second time in just six weeks, reflecting ongoing financial stress linked to global energy disruptions and rising import costs driven by geopolitical tensions in the Middle East. The government, which relies on imports for around 95 percent of its fuel supply—mostly sourced from the Middle East—adjusted prices in […]

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Sri Lanka announces electricity tariff hike as energy costs surge amid Middle East conflict

Sri Lanka announces electricity tariff hike as energy costs surge amid Middle East conflict

thevoiceofpalestine.comLeave a Comment on Sri Lanka announces electricity tariff hike as energy costs surge amid Middle East conflict

Sri Lanka is set to increase electricity tariffs by as much as 18 percent starting Monday, as the country struggles with rising energy generation costs linked to the ongoing conflict in the Middle East. According to the Public Utilities Commission, the new tariff revision will mainly affect high-consumption users, including industries, hotels, businesses, government institutions, […]

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