Beacon may ship $5m pharma products to Syria
Beacon Pharmaceuticals, the local pioneer of oncology product manufacturing, may export $5 million worth of pharmaceuticals to Syria by December this year -- a huge development for the local pharma industry.
22 March 2021, 18:00 PM
Ready flats almost sold out
Ask any well-known realtor for a flat ready for sale, chances are there will be just a handful of offers. However, assurances will be aplenty that more are being erected in some ongoing projects.
20 March 2021, 18:00 PM
India-funded projects see slow progress
The implementation of the 44-kilometre Dhaka-Tongi-Joydebpur rail line under an Indian line of credit (LoC) has made progress of 31.2 per cent since its construction began 11 years ago.
18 March 2021, 18:00 PM
First river-borne food shipment goes to India today
Bangladesh will send food items to India for the first time through waterways today with the maiden shipment of 25,000 cartons of litchi drinks of local conglomerate Pran.
15 March 2021, 18:00 PM
Tax support needed for job recovery
Restructure of corporate tax, improvement in the ranking of the Ease of Doing Business Index, and special allocation for SMEs should get priority in the upcoming budget to draw investment and revive the job market, employers and economists say.
14 March 2021, 18:00 PM
No overnight relief from losses
The Bangladesh Sugar and Food Industries Corporation (BSFIC) will not get relief from the losses anytime soon despite closing six mills.
13 March 2021, 18:00 PM
Govt, CNNIC to team up to showcase Bangladesh
The government is going to team up with US-based CNN International Commercial for showcasing Bangladesh’s achievements on the global stage.
10 March 2021, 18:00 PM
Kiam Metal plans to set up Tk 850cr glassware factory
Kiam Metal Industries, a sister concern of BRB Group, plans to make a foray into the country’s burgeoning glassware market by setting up a Tk 850 crore manufacturing unit.
9 March 2021, 18:00 PM
Remdesivir proves pharma strength
Amidst the perfect storm stirred up by Covid-19, a drug used to treat a wide range of viral infections emerged as a silver lining for treatment seekers.
7 March 2021, 18:00 PM
IFAD Autos gearing up to enter luxury bus assembly segment
IFAD Autos is all set to make a foray into the assembling business as it is now putting together different components to build 160 luxury buses to cater to the domestic market.
4 March 2021, 18:00 PM
$3.6b Chinese loan uncertain after Dhaka drops projects from agreed list
Bangladesh’s hope of securing $3.6 billion in Chinese loans for five projects may not materialise as Dhaka has unilaterally decided to replace them in a list focusing bilateral cooperation.
3 March 2021, 18:00 PM
Processors warn of further rise in edible oil price
Edible oil is likely to become costlier in the days ahead because of the upward price trend of soybean and palm oil worldwide as Bangladesh meets 90 per cent of its demand through imports, said processors yesterday.
3 March 2021, 18:00 PM
Kitchen appliance sales surge during pandemic
Dining out has become a rare exercise amid the ongoing coronavirus pandemic as many people prefer to stay at home in a bid to maintain social distancing and avoid infection.
2 March 2021, 18:00 PM
Policy to award industrial innovation, diversification
The government has framed a policy to encourage industrialisation, creative efforts and manufacturing of goods that would diversify and act as substitutes to the current range of imports.
1 March 2021, 18:00 PM
Tougher tasks ahead
Bangladesh’s image will shine out amidst the global community on the back of the United Nations recommendation for its status graduation from a least-developed country to a developing nation.
27 February 2021, 18:00 PM
Walton plans fresh $640m investment
Walton Hi-Tech Industries Ltd is going to make a fresh investment of $640 million, equivalent to Tk 5,440 crore, to expand facilities to produce and increase export of electrical and electronic goods.
27 February 2021, 18:00 PM
Electrical goods export jump
Exports of electrical goods rose 42.34 per cent year-on-year to $41.93 million in the July to January period of the current fiscal year, in a testament to Bangladesh’s growing prowess in the technological sector.
24 February 2021, 18:00 PM
Pandemic wreaks havoc on car sales
Passenger vehicle sales fell by around 26 per cent in 2020 compared to the previous year due to the ongoing coronavirus pandemic and imposition of additional road tax.
21 February 2021, 18:00 PM
Dhaka needs to pay $460m to join New Development Bank
Bangladesh will have to pay about $460 million in subscription fee to become a member of the New Development Bank (NDB) or BRICS Bank, a new international lender looking to mobilise resources for infrastructure and sustainable development projects.
21 February 2021, 18:00 PM
37 apparel makers investing $650m in Bangabandhu Shilpa Nagar
Some 37 local textile and garment manufacturers have started investing in Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) to establish high-end apparel factories.
14 February 2021, 18:00 PM