Businesses to face inflation, currency headwinds in year ahead too
Businesses in Bangladesh will face challenges in managing the impacts of higher inflation and exchange rate in 2024 as well while the cost of production and operation may increase amid the rising bank interest, several business and corporate leaders warn
28 December 2023, 01:00 AM
Fazlur Rahman: The man who came from humble beginnings and built an empire
More than 60 years ago, an adolescent Fazlur Rahman got an unexpected start to his journey in business.
25 December 2023, 16:16 PM
PRAN-RFL investing TK 700cr to make opal glassware
PRAN-RFL Group is investing Tk 700 crore to set up factories for the manufacture of opal glassware and polystyrene sheets
25 December 2023, 00:15 AM
Geyser sales gaining steam
Sales of geysers have increased this year thanks to the changing lifestyle of people living in urban and rural areas of Bangladesh
25 December 2023, 00:10 AM
Exports of paper and paper items reach 5-year high
The exports amounted to $110 million, a year-on-year growth of 51.42 percent, according to data of the EPB
22 December 2023, 00:10 AM
Lower sales of agri-machinery, spare parts hurting light engineering sector
Segments of the light engineering sector suffering from significantly lower sales for the past one-and-a-half years
21 December 2023, 00:00 AM
Cement makers slash output as political tension flares up
Cement makers in Bangladesh have reduced production as political tension slowed sales amid a slowdown in construction projects
20 December 2023, 00:10 AM
Leather sector wasting opportunities
The leather sector cannot ensure value addition of over 65 percent whereas there is potential to reach 90 percent
18 December 2023, 00:00 AM
Pragati yet to get go-ahead to assemble sedans
Earlier in May, Pragati reached a consensus with Mitsubishi Motors Corporation to establish a complete knock-down setup for assembling sedans
15 December 2023, 00:30 AM
Govt ponders running industries on LPG
The government has formed a panel to frame a policy by identifying the potentials and challenges of use of liquefied petroleum gas (LPG) in the industrial sector.
11 December 2023, 00:15 AM
Leather, leather footwear sales in slow lane at home, abroad
leather and leather goods sector in Bangladesh is witnessing slow sales both at home and abroad amid ongoing global economic crises
8 December 2023, 00:00 AM
Bangladesh’s leather exports to benefit from CETP upgrade
two tanneries of Apex and Bay Leather to set up their own effluent treatment plants and other companies are waiting for permission
6 December 2023, 00:00 AM
Political unrest puts steel millers in a bind
construction activities in Bangladesh usually peak during the dry season from November to March, steel millers are concerned about the reduced demand for 60-grade mild steel (MS) rods
5 December 2023, 00:00 AM
Scooter sales lose steam as costlier USD bites
Scooter sales fell 20 % year-on-year in the first 10 months of 2023
3 December 2023, 00:00 AM
Imports thru land ports fell 13% in FY23
Imports through land ports declined by more than 13 percent year-on-year in fiscal 2022-23
30 November 2023, 23:30 PM
Manufacturers rev up production of higher-cc bikes
government decided to allow up to 350cc bikes to ply the streets of Bangladesh
28 November 2023, 23:00 PM
Prices of latex, rubber sheets keep falling, hitting growers
The prices of latex and rubber sheets have continued to fall in Bangladesh, depriving growers of a better return, although manufacturers and exporters are offering higher rates to suppliers.
27 November 2023, 18:01 PM
New wage board formed for tannery workers
government formed a five-member wage board without any representative of the tannery workers
26 November 2023, 23:00 PM
Brickfields count losses of Tk 1,200cr for cyclone
Brickfields in Bangladesh have incurred losses of around Tk 1,200 crore as heavy rains amid cyclone Midhili on November 16-17 hindered production early this season
22 November 2023, 23:15 PM
Oil refiners concerned over new policy
The Ministry of Power, Energy and Mineral Resources issued a gazette notification on the "Establishment of Refineries at Private Level, Storage, Processing, Transportation and Marketing of Crude Oil Imported Policy-2023" on November 20.
22 November 2023, 00:00 AM