Some respite for cancer patients
Manufacturers of cancer medicines will be able to sell the lifesaving drugs at reasonable prices after the National Board of Revenue (NBR) extended duty-free import benefits to 100 more raw materials used to make such products.
3 June 2023, 18:00 PM
It’s unrealistic, unattainable
The proposed budget for 2023-24 is unrealistic and unattainable as the challenges that caused the economic growth to decelerate, foreign exchange reserves to dip and inflation to surge in the past one year still persist, said economists and think-tanks.
1 June 2023, 18:00 PM
PHP now making decorative glass
PHP Float Glass Industries, a concern of PHP Family, started manufacturing decorative glass at its existing facility in Mirsharai, Chattogram earlier this month.
29 May 2023, 18:00 PM
Steel makers seek tax breaks
Steel makers in Bangladesh are seeking reduced import duty, value added tax (VAT) and other tariffs in the upcoming national budget to provide products at lower prices, meaning that construction costs would likely decrease.
28 May 2023, 18:00 PM
Dhaka to get four more 5-star hotels
Dhaka is set to welcome four new five-star rated hotels over the next three years as the growing influx of travellers has heightened the demand for luxury accommodation in Bangladesh.
24 May 2023, 02:00 AM
The cost of not getting gas
Delta Agro Food Industries, a joint venture of Seacom Group and Samuda Group, has set up a factory in Narayanganj at an investment of more than Tk 1,200 crore one and a half years ago.
23 May 2023, 03:00 AM
Local production propelling the AC market in Bangladesh
Locally manufactured air conditioners (ACs) are starting to dominate the domestic market as consumers are pleased to be getting good quality cooling systems at reasonable prices.
21 May 2023, 18:00 PM
62% Japanese firms expect profit in 2023: survey
Around 62 per cent of Japanese companies in Bangladesh expect to turn a profit in 2023 even though the country’s macroeconomic situation is currently unstable, according to a survey of the Japan External Trade Organisation (Jetro).
15 May 2023, 03:30 AM
Bangladesh cuts import reliance for lifesaving vaccines
Bangladesh has cut its reliance on the global markets for lifesaving vaccines as a number of local manufacturers are producing quality jabs, saving a significant volume of foreign currencies, industry people say.
10 May 2023, 02:00 AM
Sugar production at state-run mills hits 23-year low
With sugar currently retailing for as much as Tk 140 per kilogramme (kg), production at mills of the Bangladesh Sugar and Food Industries Corporation (BSFIC) has hit a 23-year low due to reduced supply of sugarcane.
7 May 2023, 02:00 AM
Safety compliances still a far cry
Workplace safety in the RMG sector improved to a great extent. However, the safety and compliance in the non-RMG sectors are yet to improve as per the standards of the garment sector.
25 April 2023, 18:00 PM
Eid shopping hits full steam
It was 11.45 pm on Tuesday. Shopping malls and markets usually remain shut at this hour of the day. But, the bustling shopping district for clothing and lifestyle items in the Mirpur-1 area was abuzz with shoppers.
20 April 2023, 02:00 AM
AC sales soar as mercury spikes
Demand for air conditioners (ACs) has increased significantly as people rushed to retailers for respite from the ongoing heatwave sweeping across the country.
17 April 2023, 02:30 AM
AC sales soar amid heatwave
The demand for air conditioners has increased 25 per cent year-on-year
16 April 2023, 13:58 PM
Amnesty to legalise black money unethical
The Consumers Association of Bangladesh (CAB) chief has voiced its opposition to the apex trade body’s demand to reintroduce the facility of unconditional amnesty to the investments of black money in the real estate sector.
16 April 2023, 02:20 AM
Unlike the past, electronics sales down this Eid
The sales of electronic home appliances usually pick up ahead of Eid-ul-Fitr as retailers introduce new models and offer discounts and consumers are awash with cash.
14 April 2023, 02:30 AM
High-end motorcycle sales slower this Eid
Sales of motorcycles, particularly high-end ones, ahead of Eid-ul-Fitr were impressive over the last one decade but this year is quite different as demand is low due to an increase in inflationary pressure, economic crisis and an increase in prices of the two-wheelers.
13 April 2023, 03:00 AM
Car sales plunge for higher prices, uncertainty
Sales of passenger cars declined significantly in the first quarter of 2023 owing to higher prices and macroeconomic volatility, industry people said
11 April 2023, 02:30 AM
Advance bookings for Eid vacationers going slow
Advance bookings for flights and lodging for the upcoming Eid holiday are going slower compared to last year due to the ongoing inflationary pressure resulting from an economic crisis, according to industry insiders.
7 April 2023, 02:30 AM
Bangladesh yet to utilise Japan’s China Plus One policy
In 2008, the Japanese government announced the “China Plus One” policy, focusing on relocating its sunset industries from China to other countries.
5 April 2023, 02:30 AM