Bangabandhu Shilpa Nagar to go green
The government has undertaken a Tk 4,367 crore project to turn the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) into an environment-friendly industrial city with a view to attracting more foreign investment.
3 February 2021, 18:00 PM
Development of oncology drugs in Bangladesh: A success story
Just 12 years ago, Bangladesh was a 100 percent importer of oncology drugs. Today, it is an exporter that also meets local needs.
3 February 2021, 18:00 PM
Bike registration fee halved
The government yesterday slashed motorcycle registration fees by half, a demand long being made by two-wheeler makers.
2 February 2021, 18:00 PM
TK Group to invest Tk 6,600cr in Bangabandhu Shilpa Nagar
Samuda Food Products, a subsidiary of TK Group, is set to make a fresh investment of Tk 6,600 crore in the consumer goods and chemical sectors.
31 January 2021, 18:00 PM
Pandemic leaves little impact on steel, cement makers
Leading steel, cement and paint companies related to the construction sector witnessed higher profits in the July-December period of the current financial year despite the ongoing coronavirus pandemic.
31 January 2021, 18:00 PM
Small firms to get stimulus funds at 4pc interest
Small traders, entrepreneurs and farmers who had no access to finance from banking channels will now be able to avail loans at 4 per cent interest from a fresh Tk 1,500 crore stimulus package.
28 January 2021, 18:00 PM
Local production cools down AC prices
Air conditioners (ACs) were once thought of as luxury items that are only enjoyed by the elite, but their prices have seen a drastic fall in the recent years thanks to increased local production and assembly.
27 January 2021, 18:00 PM
Beximco to buy majority stake in Sanofi Bangladesh
Beximco Pharmaceuticals is set to acquire 54.6 per cent stake in Sanofi Bangladesh for about Tk 400 crore, as it looks to expand its product base and diversify into new areas.
21 January 2021, 18:00 PM
Radiant Pharma acquires Julphar for Tk 140cr
Radiant Pharmaceuticals has acquired Julphar Bangladesh, a subsidiary of United Arab Emirates-based multinational Julphar Gulf Pharmaceutical Industries, for around Tk 140 crore.
20 January 2021, 18:00 PM
Runner to bring KTM motorcycles
The famed KTM motorcycles will be available in Bangladesh from January 25, thanks to Runner Automobiles.
19 January 2021, 18:00 PM
Royal Enfield bikes may hit Dhaka roads soon
Bikers in Bangladesh are one step closer to ride a high-capacity motorcycle after Ifad Autos signed a memorandum of understanding with British-bred Royal Enfield to import the famous two-wheelers.
19 January 2021, 18:00 PM
Biscuit exports booming
With most businesses suffering a deep wound inflicted by the coronavirus pandemic, biscuit makers in Bangladesh have a different story to share.
18 January 2021, 18:00 PM
Cement companies see profit rise in Q1 despite pandemic
Most listed cement makers witnessed higher profits in the July-September quarter last year thanks to an increase in demand from the construction sector amid the ongoing coronavirus pandemic.
11 January 2021, 18:00 PM
Local demand saves the day for ceramics makers
The local market has emerged as a saviour for ceramics makers as the recovery in construction activities pushed up demand, helping manufacturers make a turnaround from the pandemic-induced losses amid a consistent fall in exports.
11 January 2021, 18:00 PM
LPG prices rise as global markets heat up in winter
The retail price of liquefied petroleum gas (LPG) went up 10 per cent in the domestic market in January after demand rose in Western countries because of winter, pushing up the rate in the international markets.
10 January 2021, 18:00 PM
Steel sector still in a shakeout
Steel manufacturers registered around 40 per cent less turnover last year compared to 2019 as they were forced to sell finished products at lower prices in the face of low consumption, according to industry insiders.
9 January 2021, 18:00 PM
Runner to make commercial vehicles
Runner Automobiles is taking preparations to invest Tk 433 crore to set up an automobile assembling and manufacturing plant to grab a share of the rapidly growing commercial vehicle market.
7 January 2021, 18:00 PM
Housing sector sees almost complete rebound
The real estate and housing industry passed a relatively good year thanks to policy support for purchasing property with untaxed income as well as cheap bank loans.
6 January 2021, 18:00 PM
Kansai Nerolac eyes expansion in Bangladesh
Japanese company Kansai Nerolac will invest Tk 16 crore in its country subsidiary, Kansai Nerolac Paints Bangladesh (formerly known as RAK Paints), to expand its business and grab a bigger piece of the growing South Asian market.
2 January 2021, 18:00 PM
Drug-makers stay strong in a tough year
Most of the industries in Bangladesh witnessed drastic fall in profits in the outgoing year due to the protracted pandemic. The pharmaceuticals industry was an exception.
30 December 2020, 18:00 PM