Govt readies rules to pave way for electric vehicles
The government is set to remove all complexities for the registration and operation of electric vehicles in Bangladesh as the Road Transport and Bridges Ministry has prepared a guideline in this regard.
7 December 2021, 18:00 PM
Realising the potential of Bangladesh automotive industry
Even though the affluent middle-class in Bangladesh is growing rapidly and increasing its purchasing power, the demand for passenger cars are still low compared to India and Thailand.
27 November 2021, 18:00 PM
Well-timed regulatory, policy reforms to draw more FDI
Timely adoption of regulatory changes and policy reforms will help attract more foreign direct investment (FDI) and access foreign finances, said Nuzhat Anwar, acting country manager for Bangladesh, Bhutan and Nepal of the International Finance Corporation (IFC).
27 November 2021, 18:00 PM
Bangladesh's LDC graduation: Exciting ride ahead
A cocktail of challenges and opportunities await Bangladesh as it enters the developing nation bracket in 2026 after the United Nations General Assembly on November 24 gave its graduation the final approval.
25 November 2021, 18:00 PM
Steel, cement producers log higher profits as sales rocket
Most of the listed rod and cement producers in Bangladesh posted higher profits in the July to September period riding on higher sales as economic activities picked up thanks to the improving coronavirus situation.
23 November 2021, 18:00 PM
Synthetic footwear shipments make strides
Synthetic footwear and sports shoe exports from Bangladesh registered an average annual growth rate of about 20 per cent in the past five years thanks to increased demand from global brands.
22 November 2021, 18:00 PM
Rod prices go through the roof
Rod prices in Bangladesh hit Tk 80,700 per tonne because of the persistent high prices of raw materials globally, supply constraints, and the latest hike in fuel prices locally, official figures showed on Friday.
13 November 2021, 18:00 PM
Construction cost goes up 20pc
The construction cost in Bangladesh has gone up by 20 per cent in the past year because of the surge in the price of raw materials, which could affect the implementation of development projects, said industry people.
8 November 2021, 18:00 PM
Imports lead medical consumables market
Sales of medical devices in Bangladesh could be as high as Tk 20,000 crore but local manufacturers can meet only 4 per cent of the annual demand while the rest is imported.
6 November 2021, 18:00 PM
Asian Paints first to open factory at Bangabandhu Shilpa Nagar
Bangladesh’s largest industrial enclave, Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Mirsarai, Chattogram, is finally going to witness the commissioning of its maiden factory this month.
3 November 2021, 18:00 PM
Road construction costs may go up
Bitumen prices in international markets have gone up by around 24 per cent this month, for which upcoming road construction and repair costs are expected to rise since Bangladesh is very much dependent on imports.
30 October 2021, 18:00 PM
Five lenders arrange Tk 167cr for first electric vehicle plant
Five banks and non-bank financial institutions are going to provide a syndicated loan of Tk 167 crore for the country’s first electric vehicle (EV) manufacturing plant of Bangladesh Auto Industries Ltd (BAIL).
27 October 2021, 18:00 PM
Inflation creeping up
Inflation in Bangladesh increased for the third consecutive month in September as prices of both food and non-food items are showing upward movement, hurting the low-income people.
21 October 2021, 18:00 PM
Melamine market growing steadily
Households in Bangladesh have historically tended to use earthenware, china, stainless steel and even pewter for dinnerware. But once its use came to be known, melamine products quickly gained popularity, especially in rural and semi-urban areas.
18 October 2021, 18:00 PM
Steel prices on upward curve
Steel prices in Bangladesh have been on an upward curve as millers hiked the rates in the wake of continuous spiralling of scrap metals in the international market owing to a pickup in demand and constrained supplies.
17 October 2021, 18:00 PM
Pharma exports surge 33pc
Pharmaceuticals shipment from Bangladesh grew 33 per cent year-on-year in the first quarter of the current fiscal year on the back of anti-coronavirus drugs and cash incentives of the government.
13 October 2021, 18:00 PM
Leather goods export exceeds pre-pandemic level
Exports of leather and leather products from Bangladesh exceeded the pre-pandemic level in the first quarter of the current fiscal year as Western economies reopened following extended coronavirus pandemic-induced closures, pushing up demand.
11 October 2021, 18:00 PM
Rising int’l coal prices may affect domestic market
A huge demand for coal in China has had a butterfly effect that may reach Bangladesh’s construction, garment, and power generation industries as the highly-required fossil fuel is becoming increasingly expensive in global markets.
4 October 2021, 18:00 PM
Automobile policy hits the road, aims to cut import
Bangladesh will cut its over-reliance on imported vehicles, switch to electric modes of transportation and become a regional hub for automobile manufacturing by 2030 as the government unveiled the country’s first-ever policy to develop the sector.
23 September 2021, 18:00 PM
Leasing out state jute mills: Ministry vetting 12 proposals
Over a year past shutting down state-run jute mills, the government has made little progress in modernising and reopening them, up until now having merely selected some potential lessee proposals for ministry-level vetting.
21 September 2021, 18:00 PM