Tyre market grows on rising demand
The automotive tyre market is flourishing in Bangladesh thanks to increasing sales of commercial and passenger vehicles fuelled by
5 January 2019
Faster reforms key to better business climate
Bangladesh will need at least three years to earn a place on the list of top 100 countries in the World Bank's ease of doing business ranking, said the top official of the country's investment promotion agency.
2 January 2019
Logistics, freight thrive on rising trade
The logistics and freight industries in Bangladesh have been thriving for years in line with the steady growth of exports and imports,
24 December 2018
Three shoemakers shell out Tk 177cr for new plants
The footwear sector is set to get a fresh investment of Tk 177 crore through three companies seeking to grab a share of the country's growing domestic market.
22 December 2018
Automobile servicing industry revs up
After obtaining a diploma in automobile engineering from Cumilla Polytechnic Institute in 1998, Ismail Karim Chowdhury managed a job at the age of 20 at a service station of Navana, the sole distributor of Toyota's brand new cars in Bangladesh.
20 December 2018
Shipment falls for anti-export policy
Despite being a promising export item, shipment of garment scrap, locally known as jhoot, fell last fiscal year mainly due to the government's anti-export policy amid rising local consumption and a Chinese ban on import, industry people said.
16 December 2018
Tourism booming with economy
Bangladesh's tourism sector has grown with the pace of the country's economic growth in the past decade, as more and more people are having sizeable disposable income.
13 December 2018
Agora to invest $10m to double outlets
Agora, the first retail chain in Bangladesh, is going to invest $10 million in the next two years to double the number of its outlets to
12 December 2018
Appetite for high-end cars getting stronger
High-end car sales grew about 17 percent annually in the last three years thanks to Bangladesh's growing affluent class, brought about by the country's steady economic growth over the past decade.
6 December 2018
NGOs need new sources of fund
Donors are likely to jump ship once Bangladesh becomes a middle-income country, meaning the local non-governmental organisations will have to find alternative sources of finance to carry out their development activities, said a top official of Brac.
3 December 2018
Auto parts market swells on rising demand
The automotive component market in Bangladesh has more than doubled in a space of a decade driven by rising car users, said
2 December 2018
Engine oil market expanding fast
The engine oil market has been growing at nearly 15 percent a year for the last three years thanks to a rise in the use of automobiles and introduction of new power plants.
29 November 2018
Exploit finished leather, treble export earnings
Bangladesh can earn three times more from leather goods exports if all the finished leather produced in the country in a year is utilised, industry players said.
24 November 2018
Car market thriving on economic prosperity
The automobile industry is passing through a good time for at least four years now thanks to the increase in disposable income and easy financing from banks and non-bank financial institutions.
15 November 2018
Japan’s Honda opens motorcycle plant
Japan automobile giant Honda yesterday inaugurated its motorcycles manufacturing plant in Bangladesh, in what can be viewed as a watershed moment for the country's industrial capabilities.
11 November 2018
Efforts falter on slow reforms
Bangladesh has posted impressive numbers in the last 10 years, be it GDP growth, per capita income, external trade, foreign exchange reserves and many more.
1 November 2018
Project cost may rise 18pc
The project cost of Khulna-Mongla rail track is likely to be increased for the second time because of the delay in implementation, modification of components and extension of the services of consultants.
31 October 2018
Chinese eye bigger share in construction machinery market
The construction machinery market in Bangladesh is growing steadily given the fast expanding skyline and construction activities.
27 October 2018
Korean automakers eye Bangladesh market
Korean automobile manufacturers are looking to increase their market share in Bangladesh after sales of their cars rose 20 percent on
20 October 2018
One-stop service for businesses by Dec
Entrepreneurs investing in the economic zones will get all types of trade and investment services from various government agencies within 45 working days of their application, according to the One-Stop Service Rules issued by the Prime Minister's Office on Tuesday.
18 October 2018