Jagaran Chakma

Things are finally looking up for realtors in 2020 after a bumpy last few years thanks to government support to public servants for housing loans and an increase in home loan ceiling by the central bank.

Major realtors have set their sight on the capital’s Mirpur to propel their growth and court middle and higher middle income groups as the largely under-developed area has turned lucrative since the start of construction of the metro rail that passes through it.

More than a dozen lenders are taking part in a winter edition of REHAB Fair that kicked off in the capital on Tuesday, eyeing to woo home loan borrowers through different offers.

Middle East-based cement raw materials exporters are keen to expand their sales in Bangladesh as the country is increasingly scaling up its manufacturing capacity to produce the key construction material to feed the growing economy.

China has sought stable policies for longer term, including those on taxes and custom duties, to avoid uncertainty as investors from the world’s second-largest economy look to broaden their footprint in Bangladesh and relocate factories.

Foreign companies, especially machinery and raw materials suppliers, see huge growth potential in Bangladesh’s rapidly rising ceramics sector.

China will sign agreements by next June to provide $2.13 billion in loans for two more projects, including one on the construction of the Dhaka-Ashulia elevated expressway.

The Bangladesh-China joint working group will sit for its first meeting next week, incorporating a new agenda centring Beijing’s interest in investment and trade, to devise ways for expediting implementation of China-funded projects.

Just 20 years ago, it was beyond imagination that bodies of buses and trucks would be built in Bangladesh. But companies like Aftab Automobiles stepped forward and made it possible by establishing automobile workshops.

Import of reconditioned cars fell 46 percent year-on-year to 12,502 units in 2018-19 because of higher duties, a fall in price depreciation, currency devaluation and increasing popularity of hybrid models.

The number of projects in this year’s annual development programme (ADP) getting token allocations has increased significantly, a trick that can keep these projects alive for years.

An unhealthy competition plagues Bangladesh’s cement sector for a 43 percent overcapacity but this seems to have done little to dissuade Premier Cement from realising plans of doubling its annual production by next March.

Japan has come up with more than two dozen proposals, including tax benefits and a cut in motorcycle registration fee, as it looks to boost its investment in Bangladesh.

Colourful safe-to-eat vegetables, handicrafts and boutique items adorn a table and hang from walls, bringing to a halt roaming visitors who get closer for a better look.

Japan has sought competitive incentives and long-term policies to ensure the viability of businesses of its investors who are eyeing expansion in Bangladesh.

Cement manufacturers are going through a very challenging time because of an unhealthy competition caused by overproduction, market players said yesterday.

One factory will go into operation at the Mirsarai Economic Zone (MEZ) next month and another five by June next year as the country’s largest industrial enclave is all set to open its doors to both local and foreign entrepreneurs.

With much pomp and circumstances, Xi Jinping in October 2016 arrived in Bangladesh, the first visit by a Chinese president in 30 years.

The domestic market of electrical products and wiring solutions is growing fast thanks to the rapid urbanisation, increased availability of electricity and rising purchasing power of the general mass.

In 1905, construction began of a palatial house in Dhaka. That resplendent Mughal architecture-style building today is known as Bangabhaban, the official residence and principal workplace of the president of Bangladesh.