Jagaran Chakma

Annual sales of engine oil in Bangladesh more than doubled to Tk 8,000 crore in 2024 from Tk 3,616 crore five years ago, driven by higher prices, increased mobility, industrial growth and overall economic activities..And the sector is expected to clock more growth in the coming years, indu

Bangladeshi patients searching for better healthcare than that available at home are increasingly travelling to Thailand instead of India as the neighbouring country is limiting visa issuances for Bangladeshi nationals.

After two years of sluggish business, local furniture makers saw a slight improvement in sales in June, only to meet with nationwide student protests culminating in a fierce anti-government campaign that ultimately ousted the Awami League regime in early August.

Real estate developers in Bangladesh participating in REHAB Fair-2024 were unsure of the event’s potential outcome until yesterday, when the sparse presence of visitors, let alone potential buyers, gave a reality check of the persistent economic challenges.

Like last year, there is a good demand for electricity-run residential water heaters, locally known as geysers, since the coming of winter this year thanks to changing lifestyles in semi-urban and urban areas and affordable prices, according to industry insiders.

After a four-month lull, US dollar prices made an abrupt jump in December, making imports more expensive and pushing up business costs.

The year began with a national election, saw a mass uprising midway and subsequently progressed through a deteriorated law and order situation. These all had adverse implications for businesses.

India’s visa restrictions on Bangladeshi nationals, while initially perceived as a barrier, could serve as a wake-up call for Bangladesh to strengthen its healthcare system and regain the confidence of its patients.

Bangladesh’s synthetic and athletic footwear exports have been growing rapidly, emerging as a bright spot in the country’s export basket, which is heavily dominated by readymade garments.

Pharmaceutical exports from Bangladesh notched record growth in November this year as local drug makers secured new markets and larger orders, according to industry people.

Despite the country’s efforts to reduce pollution and transition to cleaner cars, electric vehicle (EV) sales are yet to pick up due to multiple factors, including taxes and high registration costs, which sellers describe as “impractical”.

Despite capital machinery imports decreasing sharply, the resurgence in Bangladesh’s overall imports continued for a third straight month in October due to increased production in industries, especially export-oriented sectors, signalling that there may be some light at the end of the tunnel.

Most of Dhaka’s five-star hotels are not faring well for a dearth of guests, as political uncertainties and security concerns following the August 5 student movement are putting off most events and travel plans.

Investment barriers at the National Board of Revenue (NBR) and the Office of the Registrar of Joint Stock Companies and Firms (RJSC) must be addressed immediately to bolster investor confidence and increase investment growth, according to experts and top business leaders.

Bangladesh has long been hungry for foreign direct investments (FDI) but that has also been coupled with the outflow of funds through local companies seeking to generate business abroad.

The price of mild steel (MS) rods has continued to fall due to low demand for construction materials, especially as public consumption has declined to virtually zero since the political changeover on August 5.

Bangladesh’s exports rose for a fourth straight month in November as goods that had been stuck for the past three months were finally shipped.

Three production units owned by Meghna Group of Industries (MGI) have been sitting idle inside the Cumilla Economic Zone despite two years having passed since construction works were completed due to a lack of gas and power connections

The group's inability to open new LCs has forced its factories to halt production

Bangladesh is sending more leather footwear to foreign markets like the United States, Japan and the European Union as the country’s footwear exports during the July-October period of the current fiscal year surged to a five-year high.