Japan wants incentives, long-term policies to raise investment
Japan has sought competitive incentives and long-term policies to ensure the viability of businesses of its investors who are eyeing expansion in Bangladesh.
12 November 2019
Overproduction weighs on cement makers
Cement manufacturers are going through a very challenging time because of an unhealthy competition caused by overproduction, market players said yesterday.
5 November 2019
Mirsarai Economic Zone set to open next month
One factory will go into operation at the Mirsarai Economic Zone (MEZ) next month and another five by June next year as the country’s largest industrial enclave is all set to open its doors to both local and foreign entrepreneurs.
20 October 2019
China Funded Projects: Red tape holds back progress
With much pomp and circumstances, Xi Jinping in October 2016 arrived in Bangladesh, the first visit by a Chinese president in 30 years.
18 October 2019
Electrical products’ market growing fast
The domestic market of electrical products and wiring solutions is growing fast thanks to the rapid urbanisation, increased availability of electricity and rising purchasing power of the general mass.
15 October 2019
Integrity the key to safe construction
In 1905, construction began of a palatial house in Dhaka. That resplendent Mughal architecture-style building today is known as Bangabhaban, the official residence and principal workplace of the president of Bangladesh.
13 October 2019
96pc bikes made locally
Just two years ago, Bangladesh was dependent on imports to meet 95 percent of its demand for motorbikes. But the situation has completely reversed: Today, around 96 percent of the two-wheelers plying on the roads are either locally manufactured or assembled, industry people said.
3 October 2019
EXIM Bank to monitor project implementation
India wants its Exim Bank to monitor the projects it is financing in Bangladesh.
2 October 2019
Made in Bangladesh refrigerators dominate market
Just a decade ago Bangladesh was almost fully dependent on import to meet its demand for refrigerators. But the situation has reversed, with about 80 percent of the demand now met by locally-manufactured ones.
1 October 2019
BASF offers tech to fight waterlogging
A form of pavement capable of instantly allowing huge amounts of water to seep inside is now being offered in Bangladesh by German
21 September 2019
Rod price falls on low demand, scrap price slump
In a surprise development, prices of mild-steel rod fell in Bangladesh owing to lower demand, the fall of raw material prices in global market, and the slow start of development projects in the first quarter of the current fiscal year.
16 September 2019
Truck sales down 26pc
Daily sales of truck—a major goods carrier—fell 26 percent year-on-year in 2019 owing to bank’s liquidity crisis and a slowdown in
14 September 2019
Enough meat and egg for all now
Bangladesh has become self-sufficient in production of meat and egg, the two best sources of good-quality protein and micronutrients.
5 September 2019
Listed cement makers’ earnings on the decline
Out of the seven cement manufacturers listed on the Dhaka Stock Exchange (DSE), earnings per share of three companies rose in recent quarters while the rest witnessed a decline.
31 August 2019
Mirsarai economic zone getting gas today
The Mirsarai economic zone is all set to provide gas connections to industrial units which are taking shape inside it.
29 August 2019
Furniture hub counts losses for metro rail gridlock
Furniture businesses along Begum Rokeya Sarani in the capital’s Mirpur have been hit hard by severe gridlocks stemming from the
26 August 2019
IMF projects 7.6pc GDP growth this fiscal year
The International Monetary Fund (IMF) has projected Bangladesh’s economic growth to be 7.6 percent this fiscal year, which is 0.6
24 August 2019
India calls for fast-tracking project implementation
India has asked Bangladesh to complete all official procedures of the projects under its second and third lines of credit with the view to speeding up implementation.
21 August 2019
Saudi firm looks to invest in Bangladesh’s port infrastructure
Red Sea Gateway Terminal (RSGT), one of the largest terminal operators in Saudi Arabia, is keen on making investments under public-private partnership to develop Bangladesh’s port infrastructure and maritime sector.
20 August 2019
AC sales soar on hot weather
Air conditioner sellers have posted strong sales amid persistent hot weather throughout the entire period of April-July and rising disposable income of people.
18 August 2019