Tourism awaits a fillip from long weekend
In Bangladesh, the peak season for the tourism and hospitality sector begins in September and continues until March. And the upcoming long weekend is going to provide an initial boost to the sector, with operators in major holiday destinations coming up with various offers.
26 September 2023, 05:00 AM
Bangladesh starts exporting printed circuit boards
While already established as a major player in garment and pharmaceutical exports, Bangladesh is now expanding its presence in the global market for high-tech circuitry, namely printed circuit boards (PCBs).
26 September 2023, 02:30 AM
Tourism awaits a fillip from long weekend
In Bangladesh, the peak season for the tourism and hospitality sector begins in September and continues until March. And the upcoming long weekend is going to provide an initial boost to the sector, with operators in major holiday destinations coming up with various offers.
25 September 2023, 15:31 PM
N Mohammad Group defers expansion plan till 2025
Mohammad Plastic Industry Limited, a concern of Chattogram-based N Mohammad Group, has deferred its Tk 500 crore expansion plans by around two and a half years citing construction materials and the US dollar turning costlier.
25 September 2023, 03:00 AM
Man-made fibre plant to begin operation next month
Modern Syntex Limited, a concern of TK Group, is likely to begin commercial operations of one of the largest man-made fibre plants in Bangladesh next month at the Bangabandhu Sheikh Mujib Shilpa Nagar in Chattogram.
24 September 2023, 02:00 AM
Ship-breakers, re-rolling mills at loggerheads over price hike of scrap
A dispute between ship-breakers and steel re-rolling mills over the hike in price of scrap steel has led to an impasse in the production of steel goods for the past seven days.
19 September 2023, 00:30 AM
Plastic industry policy aims to expand domestic market
The Plastic Industry Development Policy 2023 has set a target to increase the plastics and packaging industry market from around $4 billion now to $10 billion by 2028.
18 September 2023, 00:30 AM
Pharma exports up 15% in Jul-Aug
Pharmaceutical exports from Bangladesh grew nearly 15 percent year-on-year in the first two months of the current fiscal year as drug-makers secured international tenders, according to industry people.
17 September 2023, 02:30 AM
Japan’s ITOCHU enters Bangladesh with bags
Japanese trading company ITOCHU Corporation is set to enter the Bangladesh market by offering bags of its OUTDOOR PRODUCTS brand through YELLOW, a fashion and lifestyle brand of Beximco Group.
12 September 2023, 18:00 PM
Local firms equally dissatisfied with business climate
Like Japanese and Chinese companies operating in Bangladesh, domestic firms as well as those from other countries are not happy with the overall business climate in the country, said a number of entrepreneurs, heads of chambers and experts.
12 September 2023, 00:00 AM
Construction materials industry thriving on mega projects
The construction materials industry of Bangladesh has registered massive growth over the past decade as some mega projects are providing ample opportunity for capacity building and ensuring world-class products, according to industry insiders.
3 September 2023, 00:00 AM
Packaging industry bears the brunt of slowdown in other sectors
The growth of the country’s packaging industry is in a slow lane due to the persisting economic uncertainty and the impacts of the price hike of the US dollar, gas and electricity, according to industry people.
1 September 2023, 00:00 AM
Bida to check up on 17 factories next month
Bangladesh Investment Development Authority (Bida) from next month will start checking up on the progress made by 17 factories in implementing a correction action plan (CAP) on ensuring safe work environments.
31 August 2023, 00:00 AM
Top cement makers shifting to eco-friendly production
Bangladesh’s major cement manufacturers are increasingly shifting to eco-friendly production processes with a view to cutting energy consumption and pollution and ensuring the sustainability of their business in a world that is getting more worried about industries’ carbon footprint.
29 August 2023, 18:00 PM
Demand for CI sheet rising in Dhaka and other cities
The market for corrugated iron (CI) sheets is expanding in Bangladesh thanks to the availability of more durable and coloured versions of the product, according to industry insiders.
28 August 2023, 00:00 AM
Electric vehicle sales yet to gain pace
Although Bangladesh is laying the groundwork for gradually adopting electric vehicles (EVs), sales are yet to gain pace because of higher prices, further inflated by an elevated level of import duty and the cost of registration, according to market players.
25 August 2023, 00:00 AM
Foam industry firming up
The market for polyurethane foam is growing in Bangladesh as the material is being increasingly used for making upholstered furniture as well as packaging and insulation, according to industry insiders.
24 August 2023, 00:00 AM
Record LGD spending in July ahead of polls
July’s development spending was the highest in four years on the back of enthusiastic fund utilisation by the local government division -- whose expenditure hit a record high for the first month of a fiscal year.
22 August 2023, 18:00 PM
Projects with Chinese Loans: One complete, eight running at adequate pace
One of the development projects undertaken on Chinese loans has been completed while eight others are being implemented in full swing following a prolonged hiatus for the pandemic, said relevant officials and Economic Relations Division (ERD).
21 August 2023, 23:00 PM
Businesses laud pension scheme for private sector
Business leaders and experts have lauded one of the four packages of a universal pension scheme (UPS) meant for employees of private companies, saying it would enhance post-retirement financial security and benefit employers too.
19 August 2023, 18:00 PM