Detailed Area Plan, to what end?
Unchecked growth not an option, say planners, while builders say it is hurting home buyers
28 April 2025, 05:18 AM
The worst of the economic crisis may be over
As listed companies, especially those in the manufacturing sector, have reported falling profits in recent quarters, business leaders are now turning their attention to how best to navigate 2025 amid global uncertainty, domestic inflation and rising borrowing costs.
19 April 2025, 18:00 PM
Investors interested in Bangladesh despite business hurdles
Although Bangladesh is the world’s second-largest exporter of readymade garments, it continues to struggle with major challenges, including inadequate infrastructure, cumbersome bureaucracy and murky regulations.
12 April 2025, 18:00 PM
After Australia food success, Bangladeshi expat eyes investment back home
Eighteen years ago, a young man from Narayanganj landed in Melbourne with a suitcase full of ambition and just a few hundred dollars to his name. Today, that man – Md Shamim – owns 108 Subway outlets across Australia, ranking him among the franchise's largest global operators.
8 April 2025, 18:01 PM
Rubber producers hit by price slump, security strains
Bangladesh’s natural rubber industry, once a bright spot in the economy, is losing its lustre as slumping demand and volatile law and order in the greater Chittagong Hill Tracts (CHT) send prices tumbling.
6 April 2025, 18:00 PM
Rising costs erode business competitiveness
Bangladesh, long regarded as a cost-competitive destination and once hailed as the next Asian tiger, is now grappling with mounting pressure as the cost of doing business is rising sharply across key sectors.
5 April 2025, 18:00 PM
Footwear exporters see opportunity in US tariffs
As the United States moves to impose reciprocal tariffs, concerns are mounting among Bangladeshi exporters, particularly in the footwear and pharmaceutical sectors, over potential implications for the country’s trade prospects.
3 April 2025, 19:03 PM
Yunus-Modi meet: Restoring mutual trust key objective
Restoring confidence in Dhaka-Delhi ties will be the key objective of the meeting between Chief Adviser Prof Muhammad Yunus and Indian Prime Minister Narendra Modi in Bangkok today, diplomatic sources said.
3 April 2025, 18:03 PM
Ceramics sales down as consumers cut back on expenses
Sales of ceramics items have dropped by up to 20 per cent in Bangladesh as consumers cut back on their non-essential expenditures and the real estate sector faces a slowdown amid economic uncertainty and higher inflationary pressures, industry people said.
4 April 2023, 03:00 AM
Cargo movement thru waterways plunges
Inland water cargo vessel operations in Bangladesh declined 30 per cent over the past eight months as imports have fallen significantly amid global economic uncertainties stemming from the ongoing Russia-Ukraine war, according to industry insiders.
2 April 2023, 02:00 AM
Bike sales drop 30% in two months
Motorcycle sales declined by 30 per cent in Bangladesh in the past two months due to higher inflationary pressures and a draft policy that makes securing a driving licence mandatory before buying two-wheelers.
27 March 2023, 03:00 AM
Local production of pharma raw materials gaining traction
Pharmaceutical companies are gradually enhancing their capacity to produce the raw materials needed to make medicines, which will go on to reduce Bangladesh’s over-reliance on imports and augment the country’s competitive edge in the global market.
20 March 2023, 02:00 AM
‘EV industry to draw millions of dollars’
Bangladesh has the potential to become a hub for manufacturing electric vehicles (EV) as industries for the production of components such as batteries and tyres have already been established while the growing population assures market viability
19 March 2023, 02:30 AM
Sales of electric vehicles rising gradually
Electric vehicles (EVs), including plug-in hybrids, will one day dominate the automobile market in Bangladesh as the demand for cars run on alternative fuel is slowly gaining ground, according to importers and distributors.
19 March 2023, 02:00 AM
Price of MS rod crosses Tk 1 lakh
Bangladesh’s construction sector is facing challenges due to frequent hikes in the price of mild steel (MS) rod and other major construction materials while slow development activities have put many workers out of job, according to industry people.
17 March 2023, 02:00 AM
Prime mover sales down over 62%
Sales of prime movers, which are the front part of semi-trailer type trucks, fell over 62 per cent year-on-year in 2022 in Bangladesh amid a fall in imports and surge in their prices alongside that of fuel.
10 March 2023, 03:30 AM
Consumer electronics sales plunge amid high inflation
The consumer electronics sector in Bangladesh is witnessing a slide in demand as sales have declined by 40 per cent from a year ago amid belt-tightening by customers
9 March 2023, 02:00 AM
Pharmaceutical shipments making a turnaround
Pharmaceutical shipments from Bangladesh are slowly making a turnaround with a gradual improvement in the global US dollar crisis, according to drug exporters.
6 March 2023, 02:30 AM
Leather exporters stare at grim prospects in 2023
Growth in leather footwear exports from Bangladesh was unsatisfactory in the first seven months of the current financial year as the economic fallout of the Russia-Ukraine war has been weighing down shipments since September, according to industry people.
5 March 2023, 01:30 AM
Govt plans to buy 100 electric double-deckers
The government is planning to procure 100 electric air-conditioned double-decker buses for Bangladesh Road Transport Corporation (BRTC) under an Indian line of credit.
3 March 2023, 02:30 AM
Truck sales drop for lower demand
The sales of commercial vehicles, particularly heavy-duty trucks, fell nearly 22 per cent year-on-year in 2022 in Bangladesh due to their higher price, a surge in fuel costs and lower imports.
1 March 2023, 02:00 AM
‘Reuse of plastic waste growing’
Plastic recycling plants in Bangladesh are becoming a vital part of the circular economy as foreign buyers are prioritising sourcing plastic products from Bangladeshi manufacturers who use recycled plastic along with virgin materials.
26 February 2023, 02:30 AM
Demand for luxury flats intact despite economic woes
The demand for luxury apartments has remained unchanged while the sales of regular properties and initiation of new housing projects are in the slow lane amid the ongoing economic crisis, according to market players.
26 February 2023, 02:00 AM
Rising rubber production helping local tyre industry
Rising rubber production in Bangladesh is helping local tyre manufacturers cut the country’s reliance on the imports of the product used in making bicycles, motorcycles, three-wheelers and easy bikes, said an industry insider.
20 February 2023, 03:00 AM
Tomato farmers face peak season plight
Tomato farmers, particularly those in the southwest division of Khulna, are facing steep losses as prices for the fruit have come down drastically due to oversupply, as is the case around this time each year.
20 February 2023, 02:30 AM
Bida identifies 106 risky factories
The Bangladesh Investment Development Authority (Bida) has identified 106 factories as risky for lacking required fire safety measures and having vulnerable working conditions under a nationwide initiative aimed at preventing fire incidents and other disasters.
17 February 2023, 02:00 AM
Rubber growers worried over falling prices
According to the Bangladesh Rubber Board (BRB) and rubber producers, 67,939 tonnes of latex were produced in the country last year, up 58 per cent from 43,000 tonnes in 2021, driven by an increase in the number of gardens and acreages under cultivation.
10 February 2023, 03:30 AM
MS rod may become costlier
The price of mild steel (MS) rod may soon cross Tk 1 lakh per tonne as production costs have risen due to a recent hike in fuel and energy prices amid the ongoing US dollar crisis, according to industry people.
8 February 2023, 03:00 AM