China RMG factories may shift to Bangladesh
Some Chinese garment makers want to set up factories under joint venture in Bangladesh as they see the country as a competitive destination to relocate plants amid raging US-China trade war and the rising cost in the world’s second largest economy.
1 June 2019, 18:00 PM
Govt to inject another Tk 1,500cr
State banks can keep on expecting to be coddled despite their continued financial irregularities and irresponsible lending practices, with the government looking to inject Tk 1,500 crore in the upcoming fiscal year to help the lenders meet their capital shortfall.
28 May 2019, 18:00 PM
Subsidy burden to be 23pc heavier
The government’s subsidy expen-diture is likely to soar 22.28 percent year-on-year to about Tk 45,000 crore next fiscal year as its
27 May 2019, 18:00 PM
Footwear retailers eye Tk 3,000cr sales this Eid
Footwear manufacturers and retailers are looking to rake in Tk 3,000 crore in sales this Eid-ul-Fitr as sandals and shoes are high on
26 May 2019, 18:00 PM
Cricket World Cup: Brands expect higher TV sales
Television brands and retailers are expecting good sales in the run up to the ICC Cricket World Cup, which is all set to begin in England and Wales on May 30.
Cricket fans in Bangladesh will be glued to TV sets to watch live their beloved national team compete with the big teams in the sport’s
22 May 2019, 18:00 PM
Deal to be signed on May 26
Japanese trading giant Sumitomo Corporation and Bangladesh Economic Zones Authority (Beza) are going to enter into a joint venture
21 May 2019, 18:00 PM
Automobile repair draws big business groups’ interest
Big business groups are entering the automobile workshop business, tempted by the massive jump in the number of motor vehicles plying the roads in the past several years.
Their entry means traditional workshops will gradually be phased out and replaced with sophisticated automated repair centres.
15 May 2019, 18:00 PM
Bida to set up lounge for investors at Dhaka airport
Bangladesh Investment Development Authority (Bida) is going to set up a lounge at Hazrat Shahjalal International Airport to facilitate
11 May 2019, 18:00 PM
Rising mercury fuels AC sales
Sales of air conditioners have doubled year-on-year in April as people are seeking ways to get respite from the scorching summer.
Samsung posted 150 percent sales growth in April compared to the same month last year where Transtec raked in 100 percent sales growth since April 15.
9 May 2019, 18:23 PM
Bangladesh self-sufficient in billet production
Bangladesh has become self-sufficient in billet manufacturing on the back of huge investment made by large steel mills, which bumped up their production capacity for the key raw material of steel products.
7 May 2019, 18:00 PM
ACI brings new Yamaha bikes
Japanese motorbike manufacturer Yamaha has added two new stylish, sporty and safe two-wheelers in its range of products to attract young bike lovers of Bangladesh.
30 April 2019, 18:00 PM
Teatulia brings pride gaining foothold in US, UK
A Bangladeshi tea brand has gone global with successful business, expanding to the United States and the United Kingdom after
22 April 2019, 18:00 PM
China may raise interest rate of power loans
Beijing is demanding 3 percent interest rate for a $1.4 billion loan for a power project in Bangladesh, a 50 percent increase in the
13 April 2019, 18:00 PM
A sweeter Pahela Baishakh
Pahela Baishakh, the first day of the Bangla new year, has become the biggest occasion for sweetmeat makers on the back of the rising
13 April 2019, 18:00 PM
Govt urges China to fast-track loan deals
Dhaka has called upon Beijing to speed up the process to sign loan agreements of China-funded projects undertaken following the signing of a memorandum of understanding in October 2016.
7 April 2019, 18:00 PM
Local makers flex muscles
Agriculture equipment manufacturers are helping the country's farmers mechanise and increase crop production by way of supplying
2 April 2019, 18:00 PM
19 firms to invest Tk 650cr in pharma
The pharmaceuticals industry is gearing up to expand as 19 companies have got the go-ahead in the last one year to set up facilities at a combined investment of around Tk 654.82 crore.
27 March 2019, 18:00 PM
Sales pick up on economic boom
Sales of commercial vehicles rose 10.65 percent year-on-year to 25,980 units in 2018 fuelled by rising economic activities amid
24 March 2019, 18:00 PM
Malaysia a top country for Bangladeshi tourists
Malaysia is witnessing a rapid increase in the number of Bangladeshi tourists while Nepal saw a decline, said officials yesterday.
23 March 2019, 18:00 PM
Asian carmakers eye bigger share of Bangladesh market
Bangladesh's growing automobile market, fuelled by consistent economic growth and rising purchasing power, is drawing in automakers from around the globe, especially the Asian ones who seek to dominate the passenger car segment.
13 March 2019, 18:00 PM