Built by expat brothers, rural factories send shoes abroad
In search of a better future, Md Selim and Hasanuzzaman Hassan migrated to the US roughly over three decades ago. The brothers eventually found success in construction business there but could not ignore the urge for contributing to their homeland.
16 February 2025, 18:00 PM
Pharma industry has a bright future
Foreign participants at the 16th Asia Pharma Expo foresee a bright future for Bangladesh’s pharmaceutical industry, given its continuous product development and expanding global footprint.
12 February 2025, 18:00 PM
Furniture exports rising. Can govt recognition spur the growth further?
The government has declared furniture as the “Product of the Year” following a rebound in exports during the first seven months of the current fiscal year.
11 February 2025, 18:00 PM
Tropical Homes built on honesty, quality
The intersection of profession, passion and academic background can be complicated.
10 February 2025, 18:00 PM
Abul Khair Steel aims to cut ecological footprint
Steel factories are often seen as some of the biggest culprits of environmental pollution due to their massive energy consumption, heavy water use and harmful emissions.
6 February 2025, 18:00 PM
Sales of trucks rebound on pent-up demand
Even amid a business slowdown, sales of heavy-duty trucks and covered vans showed a year-on-year increase last year, according to company and vehicle registration data, as commercial vehicle distributors attribute this rise to pent-up demand since the pandemic.
4 February 2025, 18:00 PM
Net foreign direct investment hits six-year low
The flow of foreign direct investment (FDI) in Bangladesh fell to $104.33 million in the July-September quarter of fiscal year 2024-25, the lowest in at least six years, as foreign investors stayed away from Bangladesh amid deadly political unrest, labour agitation, and a persistent economic crisis.
21 January 2025, 18:00 PM
Cement sector struggles amid political, economic challenges
Cement sales in Bangladesh plunged in 2024 due to political instability, rising production costs, and the deferment of the implementation of government infrastructure projects, leaving the industry operating at less than half its capacity.
20 January 2025, 18:00 PM
Drugmakers hiring cross-discipline grads amid biomedicine expansion
Bangladesh’s pharmaceutical industry is undergoing a significant transformation, driven by young talent and innovation, according to pharmaceutical professionals.
19 January 2025, 18:00 PM
Drugmakers hiring cross-discipline grads amid biomedicine expansion
Bangladesh’s pharmaceutical industry is undergoing a significant transformation, driven by young talent and innovation, according to pharmaceutical professionals. .The industry is shifting from chemical-based medicines to biomedicines, offering fresh graduates unique opportunities to shap
19 January 2025, 14:36 PM
Paint makers decry tax hikes as demand slumps
The local paint industry is reeling from increased supplementary duties (SD), which threaten both revenue and the survival of manufacturers amid rising production costs and shrinking consumer demand, according to industry insiders.
13 January 2025, 18:00 PM
Engine oil sales double in 5 years
Annual sales of engine oil in Bangladesh more than doubled to Tk 8,000 crore in 2024 from Tk 3,616 crore five years ago, driven by higher prices, increased mobility, industrial growth and overall economic activities..And the sector is expected to clock more growth in the coming years, indu
4 January 2025, 18:03 PM
Thailand sees growing influx of patients from Bangladesh
Bangladeshi patients searching for better healthcare than that available at home are increasingly travelling to Thailand instead of India as the neighbouring country is limiting visa issuances for Bangladeshi nationals.
2 January 2025, 18:00 PM
A year of firefighting for businesses
The year began with a national election, saw a mass uprising midway and subsequently progressed through a deteriorated law and order situation. These all had adverse implications for businesses.
23 December 2024, 18:00 PM
A wake-up call for Bangladesh to reform its healthcare
India’s visa restrictions on Bangladeshi nationals, while initially perceived as a barrier, could serve as a wake-up call for Bangladesh to strengthen its healthcare system and regain the confidence of its patients.
22 December 2024, 18:00 PM
Pharma exports hit record high in Nov
Pharmaceutical exports from Bangladesh notched record growth in November this year as local drug makers secured new markets and larger orders, according to industry people.
12 December 2024, 18:00 PM
High registration cost, taxes slow Bangladesh’s shift to cleaner EVs
Despite the country’s efforts to reduce pollution and transition to cleaner cars, electric vehicle (EV) sales are yet to pick up due to multiple factors, including taxes and high registration costs, which sellers describe as “impractical”.
10 December 2024, 18:00 PM
Signs of trend reversal as imports continue to rebound
Despite capital machinery imports decreasing sharply, the resurgence in Bangladesh’s overall imports continued for a third straight month in October due to increased production in industries, especially export-oriented sectors, signalling that there may be some light at the end of the tunnel.
10 December 2024, 18:00 PM
Dhaka’s 5-star hotels facing a dearth of guests
Most of Dhaka’s five-star hotels are not faring well for a dearth of guests, as political uncertainties and security concerns following the August 5 student movement are putting off most events and travel plans.
8 December 2024, 18:00 PM
Buoyancy in exports continues
Bangladesh’s exports rose for a fourth straight month in November as goods that had been stuck for the past three months were finally shipped.
4 December 2024, 18:00 PM