Jagaran Chakma

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.

Just two years ago, Bangladesh was dependent on imports to meet 95 percent of its demand for motorbikes. But the situation has completely reversed: Today, around 96 percent of the two-wheelers plying on the roads are either locally manufactured or assembled, industry people said.

India wants its Exim Bank to monitor the projects it is financing in Bangladesh.

Just a decade ago Bangladesh was almost fully dependent on import to meet its demand for refrigerators. But the situation has reversed, with about 80 percent of the demand now met by locally-manufactured ones.

A form of pavement capable of instantly allowing huge amounts of water to seep inside is now being offered in Bangladesh by German

In a surprise development, prices of mild-steel rod fell in Bangladesh owing to lower demand, the fall of raw material prices in global market, and the slow start of development projects in the first quarter of the current fiscal year.

Daily sales of truck—a major goods carrier—fell 26 percent year-on-year in 2019 owing to bank’s liquidity crisis and a slowdown in

Bangladesh has become self-sufficient in production of meat and egg, the two best sources of good-quality protein and micronutrients.