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Shops to remain open till 10pm on July 1-10

  • Staff Correspondent
  • 23 June, 2022 12:00 AM
  • Print news
Shops to remain open till 10pm on July 1-10

The government will allow shops and malls to stay open until 10:00 pm from July 1 to July 10 for Eid-ul-Azha shopping and businesses.

The shops had earlier been ordered to shut at 8:00 pm but the closing time will be extended by two hours as part of a special arrangement for Eid, the Ministry of Labour and Employment said in a notice on Wednesday.

The decision to close shopping malls, stores, kitchen markets and other places of trading at 8:00 pm every day had been taken in an effort to save power and fuel amid rising energy prices worldwide.

To keep up with the global energy prices, the government earlier this month increased gas prices across the board. The power plants will now get gas at Tk 5.02 per cubic metre, up from Tk 4.45.

The gas prices for captive power plants have been raised to Tk 16 from Tk 13.85.

Fuel prices began soaring after the Russia-Ukraine war began. The unrefined oil was sold at $65 per barrel in December last year, but the price leapt to $124 by March. It is now being sold at around $120 each barrel.

Data showed the Bangladesh Petroleum Corporation made much profit over the past seven years, but the war between Russia and Ukraine is biting into its revenues.