UNB, Dhaka

Newspaper owners expressed deep concern over an “arbitrary” raise to the price of newsprint by local manufacturers.
In a joint statement yesterday, Newspaper Owners Association of Bangladesh (NOAB) president Mahbubul Alam and acting president of Bangladesh Sangbadpatra Parishad (BSP) Abul Asad said that Shahjalal Newsprint of Bashundhara Group and Capital Newsprint increased the price of newsprint as high as Tk 10,000 per ton.
“The huge price hike would push the newspaper industry into a grave financial crisis,” they apprehended in the statement. [Read more]