Sojitz, Energypac want PPP to build seaport, industrial park
Japanese Sojitz Corporation and local Energypac want the Bangladesh government to get involved in their $2-billion plan to build a seaport and energy industrial park in Chattogram under a public-private partnership (PPP).
17 August 2019
Dengue, flood dampen pre-Eid fridge sales
Refrigerator sales has failed to see a usual pre-Eid surge this year, which retailers and manufacturers reason for the dengue outbreak across the country and floods in the north and hilly regions.
10 August 2019
Eid economy to be 29pc bigger
The economy of Eid-ul-Azha is likely to add about Tk 40,000 crore to the economy, up 29 percent year-on-year, according to the Department of Livestock Services and analysts.
8 August 2019
Record debt repayment last fiscal year
Bangladesh made a record in external debt repayment last fiscal year, in yet another indication of the growing stature of the economy.
5 August 2019
Leather goods exports dull despite huge potential
Vietnam entered the global footwear export market just a decade ago and the Southeast Asian nation’s export now stands at $20
3 August 2019
Export of plastic products rises as new markets emerge
Shipments of plastic products rose 22 percent year-on-year to $120 million in fiscal 2018-19, something manufacturers and traders attribute to the emergence of new export destinations.
28 July 2019
The motorcycle boom in Bangladesh
The motorcycle industry has been growing fast in Bangladesh, thanks to government policy support and people’s growing purchasing power, market players said.
24 July 2019
Local firm to set up $200m plant to make electric vehicle
Local automobile company Bangladesh Auto Industries Ltd (BAIL) is all set to make electric vehicles from next year with an initial investment of $200 million.
23 July 2019
Pharma exports soar 26pc
Bangladesh’s medicine exports soared 25.60 percent year-on-year to $130 million last fiscal year thanks to continuous improvement
20 July 2019
Dream flats to remain elusive
The dream of owning a flat may never come true for many as properties will become more expensive owing to the hike in prices of major construction materials as well as gas, realtors say.
18 July 2019
Burgeoning economy lures Korean investors
In a heartening development, more and more South Korean companies are coming to Bangladesh with investment plans, attracted by
13 July 2019
3 economic zones get $17.91b investment proposals
Businesses from home and abroad have come up with investment proposals worth $17.91 billion in Mirsarai, Sreehatta and Moheshkhali economic zones, which are now under construction.
10 July 2019
Gas price hike to raise ceramic production cost
The recent gas price hike will increase the cost of ceramics production by 10 percent, which will be a huge blow to the local ceramic
9 July 2019
Cement price rises Tk 50 per bag
The retail price of each 50-kg bag of cement has edged up 12 percent, or Tk 50, to Tk 460-470 -- a development that will push up construction costs, be it the government’s mega projects or private buildings.
6 July 2019
Rod prices may rise for gas price hike, tax measures
The retail price of mild steel (MS) rod will likely see an average increase of Tk 9,000per tonne for the recent gas price hike and new VAT and tax measures, apprehend industry insiders.
4 July 2019
India-funded $7.5b projects move at snail’s pace
Projects involving about $7.5 billion under the three Indian lines of credit are progressing slowly owing to lengthy processes in land acquisition, change in design and delays in hiring consultants and document preparation.
4 July 2019
No handouts for state banks last fiscal year
State banks did not get a single penny from taxpayers in the just concluded fiscal year to make up their capital deficit, in a clear sign from the government of its intent to stop pampering the errant lenders.
3 July 2019
Banks to transfer incentive to accounts of remitters
Banks will transfer incentive to the bank accounts of remitters or their beneficiaries like they do in case of exporters as the maiden
1 July 2019
Dhaka, Beijing to sign MoU on investment cooperation
Dhaka and Beijing will sign an MoU on the establishment of an investment cooperation working group to boost investment ties between Bangladesh and China. The signing will take place during Prime Minister Sheikh Hasina’s July 1-5 visit to China, officials in Dhaka said.
28 June 2019
Indians keen to explore Bangladesh’s green brick market
Indian construction equipment manufacturers see a business potential in Bangladesh as the country is gradually phasing out clay brick
22 June 2019