Industries

Asian Automotive organises its first ‘Dealer Meetup’ in Bangladesh

Asian Automotive Ltd, the official distributor of Pirelli tires in Bangladesh, recently organised its first “Dealer Meetup” in a bid to strengthen the relationship between the company and its network of dealers..Dewan Shajedur Rahman, managing director and chairman of the automotive compan
1 July 2024, 15:45 PM

Bangladesh: A rainmaker for Bata

Bangladesh is already one of the top 10 markets for Bata Shoe but its Chief Executive Officer Sandeep Kataria thinks the country offers further growth opportunities for the multinational company.
24 March 2024, 14:45 PM

Growing market for fire safety items creates opportunity for local manufacturing

'Bangladesh has an annual market of around Tk 14,000 crore-Tk 15,000 crore for fire safety and security-related items, but has to import such items from the United Kingdom, the US, UAE, Germany, Turkey, and Japan'
17 February 2024, 15:00 PM

Aftab Automobiles suffers massive losses

Aftab Automobiles Ltd, which primarily assembles Hino buses, suffered massive losses in the first quarter of the current fiscal year, reasoning that "chassis model changes" and challenges in opening letters of credit for imports caused its revenue to plunge.
1 January 2024, 13:52 PM

Stitched up: Bangladesh garment workers sacked after wage protests

For a decade, the nimble fingers of Bangladeshi garment worker Naim Pramanik sewed shirts and trousers for top Western brands, to be worn by the wealthy across the world.
20 December 2023, 08:31 AM

Eight US Congress members call for revision

Say eight Congress members in a letter to American Apparel & Footwear Association
19 December 2023, 08:51 AM

24 garment factories get green certificates in six months: BGMEA

Among them, 16 factories were rated in the Platinum category and eight were in Gold.
13 December 2023, 07:42 AM

Alltex to buy reconditioned textile dyeing, finishing machinery

The board of the company took the decision in its meeting on December 6, Alltex said in a disclosure on the Dhaka Stock Exchange today.
7 December 2023, 07:45 AM

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

Govt forms panel to lease out textile mills

government has formed an inter-ministerial committee to lease out to private investors state-run textile mills
25 November 2023, 18:15 PM

No deal yet between Crown Cement, Matarbari Power Plant

Officials of the Matarbari Power Plant in Moheshkhali upazila of Cox’s Bazar recently informed that they have not made any deal for selling fly ash to Crown Cement
23 November 2023, 18:05 PM

Int'l Leasing selling reptile farm to recover loan

International Leasing and Financial Services Ltd (ILFSL) is going to sell Reptiles Farm Ltd at Tk 38.20 crore to Uddipan, a non-government organisation, in order to recover its loan to the crocodile farm.
21 November 2023, 18:01 PM

BGMEA members can keep factories shut in case of unrest, vandalism

Owners of garment factories that face unrest or vandalism can keep those closed, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) said today.
12 November 2023, 09:32 AM

Leadership Summit underway in Dhaka

The "Leadership Summit" is going on in Dhaka today to develop leadership for meeting the multifaceted challenges and opportunities of the future.
11 November 2023, 12:09 PM

Blockade taking a toll on tourism

The tourism industry of Bangladesh has been hit hard by the ongoing political unrest as people are unwilling to travel for fear of violence amid strikes and blockades across the country, according to businesspeople.
7 November 2023, 01:00 AM

BGMEA members to implement new wage for garment workers from December

The member factories of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) will implement the new wage structure for their workers from December this year as per the recommendation of the government-formed wage board, said the trade body today.
31 October 2023, 08:51 AM

Ukraine war affected 70pc of businesses

Nearly 70 percent of businesses in Bangladesh have been impacted due to price increases of raw materials and weak consumers demand, which are primarily attributed to the ongoing Russia-Ukraine war.
17 October 2023, 17:59 PM

CPD proposes Tk 17,568 as minimum wage for garment workers

The Centre for Policy Dialogue (CPD) has proposed Tk 17,568 as the minimum monthly wage for garment workers in Bangladesh.
8 October 2023, 08:03 AM

UCB Investment celebrates three years of operation

UCB Investment Ltd, a subsidiary of United Commercial Bank PLC, recently celebrated its three-year anniversary as an investment bank.
5 October 2023, 20:59 PM

Kohinoor Chemical organises sales confce

Kohinoor Chemical Company (Bangladesh) Ltd recently organised the “Annual Sales & Marketing Conference-2023” in Cox’s Bazar.
5 October 2023, 18:00 PM