NOAB concerned over arbitrary increase in price of newsprint
Friday, 4 April 2008
Newspaper owners expressed deep concern over an "arbitrary" rise to the price of newsprint by local manufacturers, reports UNB.
In a joint statement Thursday, Newspaper Owners Association of Bangladesh (NOAB) president Mahbubul Alam and acting president 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 tonne.
"The huge price hike would push the newspaper industry into a grave financial crisis," they apprehended in the statement.
In a joint statement Thursday, Newspaper Owners Association of Bangladesh (NOAB) president Mahbubul Alam and acting president 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 tonne.
"The huge price hike would push the newspaper industry into a grave financial crisis," they apprehended in the statement.