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Sajjadur Rahman

New ceramics factories in Bangladesh

CERAMICS INDUSTRY / 15 new factories to create 1 lakh jobs

When some industries are struggling with liquidity crisis and high lending rates, the ceramics sector has been getting five new factories on an average every year since 2017, industry players said.
7 December 2019, 18:00 PM
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Bangladesh’s untapped potential in export of ceramics

Ceramic tiles, tableware and sanitary ware have become an integral part of today’s life. It makes a world of a difference to the look and characteristics of a structure’s interiors and exteriors.
4 December 2019, 18:00 PM

Why design is a crucial element for the ceramics industry

Those days are gone when businessmen had to rely on foreign products for designing their items. Now most of the factories have their own design and product development team which brings out four to six new products – from plates, cups, mugs to cutlery and dinner sets – every year.
4 December 2019, 18:00 PM
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Fund diversion fuelled non-performing loans

Diversion of funds by borrowers is the major reason for the higher non-performing loans in Bangladesh, according to Anis A Khan, a career banker who retired a few days ago after serving the industry for nearly four decades.
4 December 2019, 18:00 PM
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Summit to invest $5b in infrastructure in 5 years

Summit Group will invest $5 billion in various projects in Bangladesh in the next five years to meet the country’s growing appetite for infrastructure.
29 October 2019, 18:00 PM
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COST-TO-INCOME RATIO / Southeast, Bank Asia most efficient, profitable lenders

Southeast Bank is the most profitable and efficient lender in Bangladesh followed by Bank Asia while Dutch-Bangla Bank is the least, according to an analysis of different banks’ cost-to-income ratio.
21 October 2019, 18:00 PM
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Negative image, lack of lab challenges to going global

Negative country images and lack of laboratory facilities for checking standards are two major challenges for Bangladeshi food companies to enter global markets.
9 October 2019, 18:00 PM
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Thirst for cultures changing consumption patterns: study

Consumers are on a big and broad journey of discovery, moving out of their comfort zones to explore bolder flavours and multi-sensory food experiences, according to Innova Market Insights, a global knowledge leader in the food and beverage industry.
8 October 2019, 18:00 PM
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HSBC programme improves lives of rural adolescent girls

Rina Akter, a ninth-grade student at a rural school in Rangpur, used to skip classes for three to four days a month due to menstruation.
9 November 2015, 18:00 PM

Taka continues to fall against dollar

The taka has continued to fall against the dollar for two weeks now after nearly one year of an unchanged exchange rate, according to
8 November 2015, 18:00 PM
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Businesses sell off oceangoing ships as freight rates fall

Declining freight rates and high operating costs are forcing local entrepreneurs to sell off their oceangoing ships, industry insiders
8 November 2015, 18:00 PM
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IMF to check updates on BASIC Bank

Troubled BASIC Bank will figure prominently in discussion during the upcoming visit of a delegation of the International Monetary Fund, central bank officials said.
2 November 2015, 18:00 PM
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Bangladesh Bank removes Badal from IFIC board of directors

Bangladesh Bank has removed Mohammad Lutfar Rahman Badal from the board of directors of IFIC Bank, citing his negligence in duty and alleged funding of subversive activities.
29 October 2015, 18:00 PM

Seven banks post negative credit growth

Seven banks out of the total of 56 posted negative year-on-year credit growth in August -- a manifestation of the central bank's growing compliance requirements.
25 October 2015, 18:00 PM
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Call money rate slumps to six-year low

The call money rate, which is the rate at which banks lend overnight money to each other, slumped to a six-year low of 5.71 percent in September, indicating the market is flush with liquidity but does not have much demand for credit.
25 October 2015, 18:00 PM

Banks hit by crisis of cash dollars

Huge outflow of foreign currency during Hajj and Eid-ul-Azha has created a crisis of cash US dollar in Bangladesh, according to market players and the regulator.
19 October 2015, 18:00 PM
Basic Bank logo

BASIC's fight to get back on feet

State-owned BASIC Bank, which succumbed to reckless lending during the tenure of its controversial chairman Sheikh Abdul Hye
17 October 2015, 18:00 PM
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Banks caught in Bismillah Group scam are yet to retrieve any fund

The five local banks that lent Tk 1,100 crore to the fraudulent Bismillah Towels Group are yet to recover a single penny three and a half years after the scam was detected.
14 October 2015, 18:00 PM
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Cement makers eye a turnaround

Cement makers, who have been going through a tough time for the last two years, now expect the demand to return next year, riding
10 October 2015, 18:00 PM
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The financier with a difference

Mutual Trust Bank has one feature that sets it apart from the crowd: its board that consists of the country's most successful business leaders.
2 October 2015, 18:00 PM
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Processed food makers investing more in cold chain networks

Local processed food makers are increasingly investing in building their cold chain networks to maintain the quality of products, industry insiders said.
28 September 2015, 18:00 PM
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Processed food sales poised to grow

Demand for processed foods is picking up thanks to rising incomes and busy lifestyles.
17 September 2015, 18:00 PM
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MTB: the symbol of trust in management

Mutual Trust Bank can boast about one thing that its peers cannot: its board consists of the country's most successful conglomerates.
11 September 2015, 18:00 PM
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NBFIs' cost of funds falls to record low

The cost of funds for non-bank financial institutions has dropped to a record low, due to excess liquidity and poor demand for money,
10 September 2015, 18:00 PM
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BB rejects Dhaka Bank's proposal to reappoint Mirza Abbas as director

Bangladesh Bank has refused to approve the reappointment of Mirza Abbas Uddin Ahmed, popularly known as Mirza Abbas, as a director of Dhaka Bank for a series of criminal cases pending against him, a central bank official said yesterday.
6 September 2015, 18:00 PM
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Jute millers irked by dithering over packaging law

Public and private millers questioned the government's sincerity in implementing the jute packaging law that was enacted in 2010 to promote environment-friendly jute goods.
31 August 2015, 18:00 PM
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Western nations have no conspiracy against Bangladesh garment: UK minister

UK Minister of State for International Development Desmond Swayne yesterday ruled out any conspiracy by the western countries
25 August 2015, 18:00 PM

Money laundering cases on the rise

The number of money laundering cases lodged with the Anti-Corruption Commission increased by more than 25 percent year-on-year in 2014.
22 August 2015, 18:00 PM

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