Plastic pipe industry growing fast
The domestic plastic pipe industry is growing at around 20 per cent a year thanks to its rising demand in the ongoing government development projects and modern water supply, sewerage and irrigation systems.
28 April 2021
Online orders boost home appliance sales
Home appliance makers and retailers are witnessing better sales than previous year on the back of online shopping, promotional offers and free delivery ahead of Eid-ul-Fitr.
25 April 2021
Bus owners in a tight spot
Bus operators in Bangladesh are losing Tk 500 crore every day as they have been off the road because of the lockdown, which may turn many owners into loan defaulters as their income has fallen to zero.
22 April 2021
Construction costs burdened with cement price rise
The price of each 50-kilogramme bag of cement has increased by around 12 per cent, or Tk 50, to Tk 450 to Tk 460 -- a development that will push up construction costs, be it the government’s development projects or privately-owned buildings.
20 April 2021
Pandemic gives a boost to ambulance business
The number of ambulances hitting the streets is on the rise as businesses are spending more on import amid an increase in its demand during the ongoing pandemic.
19 April 2021
Another bitter Baishakh for sweet shops
Pahela Baishakh, the first day of the Bangla calendar, is the busiest day for sweet makers in Bangladesh as customers throng outlets to buy delicious items.
13 April 2021
Local power solution providers up their game
The market for the equipment used in power generation, distribution and transmission is growing very fast in Bangladesh in keeping with expanding electricity production and consumption.
12 April 2021
BD Finance eyes $2b US investment
Bangladesh Finance and Investment Company Ltd (BD Finance) has signed a deal with US-based Sovereign Infrastructure Group (SIG) to attract $2 billion worth of investment in infrastructure projects in the next two years.
10 April 2021
Lift supplementary duty
Ceramic manufacturers have demanded the withdrawal of supplementary duties on tiles and sanitary products at production stage to protect the local firms and recover from the losses caused by the coronavirus pandemic.
5 April 2021
Sudden ‘lockdown’ to affect operations management, industrialists say
Industrialists have found it difficult to instantly implement emergency measures for the smooth continuation of manufacturing operations after the government suddenly announced a nationwide lockdown to curb the spread of Covid-19.
4 April 2021
Take steps to protect poor, low-income groups
The government should take immediate steps to protect the poor and low-income groups as it is set to impose fresh lockdowns to curb the spread of coronavirus infections, economists said yesterday.
3 April 2021
Energypac exporting transformers to India’s Adani
Energypac Engineering has begun exporting transformers to Adani Electricity Mumbai, in a testament to the company’s capacity to produce high-quality products.
30 March 2021
Used flats turning heads
Juned Ahmed, an official of a private bank, bought a 1,525 square-feet used flat in the Sector 10 of the capital’s Uttara at Tk 83 lakh. Had he wanted to purchase a new one, he would have to shell out at least Tk 1.20 crore, an amount that would have been tough for him to manage.
28 March 2021
Bike makers seek duty benefits for raw materials
Motorcycle manufacturers have demanded duty benefits on component and raw material imports in order to reduce the cost of production and develop the local two-wheeler industry.
23 March 2021
Beacon may ship $5m pharma products to Syria
Beacon Pharmaceuticals, the local pioneer of oncology product manufacturing, may export $5 million worth of pharmaceuticals to Syria by December this year -- a huge development for the local pharma industry.
22 March 2021
Ready flats almost sold out
Ask any well-known realtor for a flat ready for sale, chances are there will be just a handful of offers. However, assurances will be aplenty that more are being erected in some ongoing projects.
20 March 2021
India-funded projects see slow progress
The implementation of the 44-kilometre Dhaka-Tongi-Joydebpur rail line under an Indian line of credit (LoC) has made progress of 31.2 per cent since its construction began 11 years ago.
18 March 2021
First river-borne food shipment goes to India today
Bangladesh will send food items to India for the first time through waterways today with the maiden shipment of 25,000 cartons of litchi drinks of local conglomerate Pran.
15 March 2021
Tax support needed for job recovery
Restructure of corporate tax, improvement in the ranking of the Ease of Doing Business Index, and special allocation for SMEs should get priority in the upcoming budget to draw investment and revive the job market, employers and economists say.
14 March 2021
No overnight relief from losses
The Bangladesh Sugar and Food Industries Corporation (BSFIC) will not get relief from the losses anytime soon despite closing six mills.
13 March 2021