96pc bikes made locally
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.
3 October 2019, 18:00 PM
EXIM Bank to monitor project implementation
India wants its Exim Bank to monitor the projects it is financing in Bangladesh.
2 October 2019, 18:00 PM
Made in Bangladesh refrigerators dominate market
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.
1 October 2019, 18:00 PM
BASF offers tech to fight waterlogging
A form of pavement capable of instantly allowing huge amounts of water to seep inside is now being offered in Bangladesh by German
21 September 2019, 18:00 PM
Rod price falls on low demand, scrap price slump
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.
16 September 2019, 18:00 PM
Truck sales down 26pc
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
14 September 2019, 18:00 PM
Enough meat and egg for all now
Bangladesh has become self-sufficient in production of meat and egg, the two best sources of good-quality protein and micronutrients.
5 September 2019, 18:00 PM
Listed cement makers’ earnings on the decline
Out of the seven cement manufacturers listed on the Dhaka Stock Exchange (DSE), earnings per share of three companies rose in recent quarters while the rest witnessed a decline.
31 August 2019, 18:00 PM
Mirsarai economic zone getting gas today
The Mirsarai economic zone is all set to provide gas connections to industrial units which are taking shape inside it.
29 August 2019, 18:00 PM
Furniture hub counts losses for metro rail gridlock
Furniture businesses along Begum Rokeya Sarani in the capital’s Mirpur have been hit hard by severe gridlocks stemming from the
26 August 2019, 18:00 PM
IMF projects 7.6pc GDP growth this fiscal year
The International Monetary Fund (IMF) has projected Bangladesh’s economic growth to be 7.6 percent this fiscal year, which is 0.6
24 August 2019, 18:00 PM
India calls for fast-tracking project implementation
India has asked Bangladesh to complete all official procedures of the projects under its second and third lines of credit with the view to speeding up implementation.
21 August 2019, 18:00 PM
Saudi firm looks to invest in Bangladesh’s port infrastructure
Red Sea Gateway Terminal (RSGT), one of the largest terminal operators in Saudi Arabia, is keen on making investments under public-private partnership to develop Bangladesh’s port infrastructure and maritime sector.
20 August 2019, 18:00 PM
AC sales soar on hot weather
Air conditioner sellers have posted strong sales amid persistent hot weather throughout the entire period of April-July and rising disposable income of people.
18 August 2019, 18:00 PM
Sojitz, Energypac want PPP to build seaport, industrial park
Japanese Sojitz Corporation and local Energypac want the Bangladesh government to get involved in their $2-billion plan to build a seaport and energy industrial park in Chattogram under a public-private partnership (PPP).
17 August 2019, 18:00 PM
Dengue, flood dampen pre-Eid fridge sales
Refrigerator sales has failed to see a usual pre-Eid surge this year, which retailers and manufacturers reason for the dengue outbreak across the country and floods in the north and hilly regions.
10 August 2019, 18:00 PM
Eid economy to be 29pc bigger
The economy of Eid-ul-Azha is likely to add about Tk 40,000 crore to the economy, up 29 percent year-on-year, according to the Department of Livestock Services and analysts.
8 August 2019, 18:00 PM
Record debt repayment last fiscal year
Bangladesh made a record in external debt repayment last fiscal year, in yet another indication of the growing stature of the economy.
5 August 2019, 18:00 PM
Leather goods exports dull despite huge potential
Vietnam entered the global footwear export market just a decade ago and the Southeast Asian nation’s export now stands at $20
3 August 2019, 18:00 PM
Export of plastic products rises as new markets emerge
Shipments of plastic products rose 22 percent year-on-year to $120 million in fiscal 2018-19, something manufacturers and traders attribute to the emergence of new export destinations.
28 July 2019, 18:00 PM