Jagaran Chakma

The Bangladesh Economic Zones Investors Association (BEZIA) has sought intervention from the Prime Minister’s Office (PMO) to help address some of the obstacles for investment in the country’s economic zones.

Bashundhara Group, one of the largest business groups in Bangladesh, is set to establish three new enterprises with a total investment of Tk 4,350 crore at the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Mirsarai, Chattogram.

Bangladesh’s real estate sector will hopefully be able to cope with the ongoing coronavirus pandemic as instalment collection on previous sales started to pick up after the economy reopened in June, according to various realtors and financiers.

Sales of commercial vehicles like trucks and pickups have started to bounce back as economic activities are finally gaining momentum following a two-and-a-half-month-long government-enforced pause amid the pandemic.

Cement manufacturers can breathe a sigh of relief at least for now as the sector has been showing some signs of recovery for the last two months from the coronavirus pandemic.

Bangladesh’s ceramic industry have enjoyed some relief from the coronavirus fallout in the past two months as domestic sales are showing signs of some recovery following the collapse in demand caused by the nationwide shutdown.

With years of diplomatic negotiations with India over the Teesta river’s management leading to no visible output, the Ministry of Water Resources is now seeking to get it done by China, that too with a loan from the latter.

The Agence Française de Développement (AFD), the French government arm that deals with overseas aid, has joined the long list of development partners that have come forward to help Bangladesh in its efforts to recover from the economic whiplash brought on by the global coronavirus pandemic.

The famed off-road motorcycles of KTM would soon be available in Bangladesh thanks to Runner Automobiles, which yesterday announced an agreement with Bajaj Auto that part-owns the Austrian bike brand to become its authorised distributor.

Farming sacrificial cattle has turned so lucrative that numerous small- and large-scale fattening operations have been set up in the last couple of years, drawing huge investments and eventually meeting the demand during Eid-ul-Azha, the second largest religious festival of Muslims.

When it comes to making cancer drugs available, Bangladesh is the perfect role model for a fairytale turnaround.

China has finally decided to speed up the development of the dedicated Chinese Economic and Industrial Zone (CEIZ) in Chattogram mainly to benefit from the competitive advantage Bangladesh enjoys in global trade.

Yabang Investment Holdings Group Co Ltd, a concern of Yabang Group of China, has expressed its willingness to invest $300 million in textile and other chemical industries inside Bangabandhu Sheikh Mujib Shilpa Nagar in Chattogram.

A local garment maker has started manufacturing medical gowns whose quality has been ensured through an international collaboration of public and private entities.

While demand for most home appliances came down during the Covid-19 pandemic holiday since March, sales of washing machines have skyrocketed to the point that some brands have gone out of stock.

The initiative of Tata Motors and Nitol-Niloy Group to assemble the Indian automobile giant’s specialised pickup trucks in Bangladesh has hit a roadblock as the progress of the project is being stymied by the ongoing pandemic.

Refrigerator manufacturers and retailers could witness poor customer turnout this Eid-ul-Azha, a major Islamic festival that typically accounts for nearly half of the industry’s yearly sales, due to the ongoing coronavirus pandemic, according to market players.

As part of the government’s initiative to expand Bangladesh’s technical education sector, a general engineering technology centre will be set up at the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Chattogram.

Shipments of plastic products from Bangladesh fell 16 per cent year-on-year to $101 million in fiscal year 2019-20 following the outbreak of coronavirus all over the world.

Although the coronavirus pandemic is a major obstacle for carrying out regular activities in both the public and private sectors, Beza’s One-Stop Service (OSS) Centre alleviated the situation by providing easy access to information, application processing and other services to investors at home and abroad.