Shipping woes cripple non-RMG exporters
Although the plight of the readymade garment (RMG) sector has stolen the limelight, non-RMG industries have also witnessed unprecedented shipment woes, including cancellation of bookings, due to the upheavals over the past week.
29 July 2024, 18:00 PM
Internet outage, curfew leave foreign investors in a bind
Violence centring the quota reform movement as well as a five-day internet blackout and the ongoing curfew has shaken foreign investors’ confidence in Bangladesh, tarnishing the country’s image as a reliable investment destination.
27 July 2024, 18:00 PM
Tourism jolted by curfew
Zahra Mayeesha, a 26-year-old private job holder, was preparing to return to Dhaka from a two-day vacation to Sreemangal with her husband on July 16.
25 July 2024, 18:00 PM
Bus operators stare at losses
Bangladesh has over 83,000 registered buses, with private investment in the business growing in line with the expansion of national and regional highways.
23 July 2024, 18:00 PM
Drug production, supply take a hit
Production and distribution of medicine have been disrupted for the last four days due to violence since the beginning of the quota reform movement and associated curfew imposed by the government, drug makers said on July 22
23 July 2024, 15:42 PM
Ports, transports at a standstill
Export and import activities suffered severe disruptions for the third day on July 20 amid transport problems because of violence centring the quota reform movement and internet shutdown by the government.
23 July 2024, 15:18 PM
Transport operators sitting idle, counting losses
The violence centring the quota reform protests and associated curfew are preventing trucks and covered vans from plying on the roads and highways, leading to losses for their operators alongside businesses dependent on them
23 July 2024, 14:47 PM
Transport operators sitting idle, counting losses
The violence centring the quota reform protests and associated curfew are preventing trucks and covered vans from plying the roads and highways, leading to losses for their operators alongside businesses dependent on them.
21 July 2024, 18:00 PM
Investment in the south is underwhelming even after Padma Bridge
Two years have passed since the inauguration of Padma Bridge, but the southern region has still not managed to tap the potential brought about by the mega-project due to a lack of physical infrastructure and utilities.
19 July 2024, 18:00 PM
Plans to set up economic zones in southwest yet to gather pace
The Bangladesh Economic Zones Authority (Beza) has taken the initiative to set up 17 economic zones in the southwestern part of
19 July 2024, 18:00 PM
Reconditioned vehicle import rises defying inflation, dollar crisis
Import and sale of reconditioned vehicles have increased in Bangladesh at a time when the country is suffering from high inflationary pressure and foreign currency crisis.
18 July 2024, 18:00 PM
Ceramics industry reeling from three-pronged assault
The ceramics industry has been desperately seeking respite from a spate of crises in recent months, but their woes have only deepened due to a worsening gas crisis.
15 July 2024, 18:00 PM
Foreigners working in Bangladesh rising
An increasing number of foreign nationals are seeking permits to work in Bangladesh because of a lack of skilled managers and an education system not tailored to meet industrialisation in the country.
15 July 2024, 18:00 PM
Will there be any uptick in investment after PM’s China visit?
There was an expectation that investment inflows from China to Bangladesh would increase substantially following the Covid-19 pandemic as investors in China were looking for an alternative manufacturing hub.
13 July 2024, 18:00 PM
Full-fledged cancer treatment facilities need of the hour
High-quality cancer drugs are produced in Bangladesh. Oncologists and physicians are also available. However, the country is lagging in putting in place an adequate number of full-fledged facilities to treat patients suffering from such diseases.
12 July 2024, 18:00 PM
Local pharma lights up hope in cancer treatment
The pharmaceutical sector of Bangladesh has achieved many milestones over the past 14 years. Not only do local companies now meet 90 percent of the country’s demand for medicines, but the products are also exported to around 150 countries, fetching hundreds of millions of dollars.
12 July 2024, 18:00 PM
Construction of Chinese economic zone makes no progress in 8 years
Construction of the Chinese Economic and Industrial Zone (CEIZ) in Chattogram has not started despite eight years having passed since the Bangladesh Economic Zones Authority (Beza) first took the initiative to build the enclave in a bid to attract foreign investment.
8 July 2024, 18:00 PM
PM’s visit to China: Dhaka to seek $20b fresh loans from Beijing
Bangladesh will seek fresh loans amounting to $20 billion during Prime Minister Sheikh Hasina’s upcoming visit to China, which Beijing hopes would be a “game changer” in the bilateral relationship.
3 July 2024, 18:00 PM
A bright spot: Govt project costs Tk 100cr less than estimate
There is a common allegation that the actual implementation costs of government projects inevitably exceed the estimated costs due to a number of reasons, including time extensions and unnecessary expenditures.
3 July 2024, 18:00 PM
Dhaka looks to Beijing for fresh loans
Talks on Chinese loan proposals will be at the fore during Prime Minister Sheikh Hasina’s upcoming visit to Beijing.
30 June 2024, 18:00 PM