Dhaka, March 10 -- Major trade bodies in Bangladesh's manufacturing industries demand of the government to eschew making any hike in gas prices rather to ditch the proposal of the regulator, in fear of fresh business setbacks.

Terming such proposal made by Bangladesh Energy Regulatory Commission (BERC) 'against development and stability of the country', leaders of the chambers and corporates have said the businesses are alarmed due to such proposal of fixing gas tariffs based on LNG-import rate for new connections and increase in the load on existing ones.

The demand and observations came Sunday in a joint letter written to the BERC by the leaders of Chamber of Industries (BCI), Dhaka Chamber of Commerce and Industry (DCCI), Metropolita...