PHP Automobiles, the local distributor for Malaysian automaker Proton Holdings Berhad, yesterday rolled out the Proton X70 SUV, the first voice-activated car in Bangladesh.

Almost all listed pharmaceutical companies in Bangladesh logged higher profits in July to September thanks to higher sales as people shook off coronavirus fears to avail treatments and the lower cost of bank finances.

Tesla CEO Elon Musk offloaded a combined $6.9 billion worth of shares in the electric car company this week, taking advantage of a meteoric rally that vaulted the firm’s value to over $1 trillion.

DBL Group has made a foray into the pharmaceutical industry after enjoying success in its export-based garments and ceramic tiles businesses.

A fifth drugmaker -- Incepta Pharmaceuticals Ltd -- received authorisation yesterday for the emergency production and marketing of molnupiravir, said a senior official of the Directorate General of Drug Administration (DGDA).

Aziz Pipes, a listed PVC product producer, closed its factory due to the lack of working capital, financial crisis and liable loan, raw material crisis and lack of reserve.

Premium prices from international clothing retailers and brands have remained elusive for deserving local textile and apparel makers who have doled out extra money and efforts in setting up green buildings and adopting eco-friendly manufacturing practices.

The government is going to recognise 19 businesses with the “President’s Award for Industrial Development 2019” for their contribution to the private sector, employment generation and economy of the country.

The government is going to award 19 businesses with the “President’s Award for Industrial Development 2019” for their contribution to the private sector, employment generation and economy of the country.

Police fired rubber bullets, tear shells and charged baton on garments workers who were demonstrating against the termination of 85 operators in Gazipur’s Kaliakair upazila.   

Both the international and domestic demand for Manipuri cloth, a style of handwoven fabric native to Sylhet that come in block, stripe and flat colour print, has recovered in line with the receding coronavirus pandemic.

The government is going to honour 30 firms with the “Green Factory Award” for their outstanding contribution to saving the environment and creation employment, the labour ministry said today.

The first “Bangabandhu Sheikh Mujib Industrial Award 2020” will be conferred tomorrow, marking the birth centenary of Father of the Nation Bangabandhu Sheikh Mujibur Rahman.

About 39.47 lakh establishments engaged in wholesale and retail trade, including motorcycle repair shops, contribute around 14 per cent to the country’s gross domestic product (GDP), according to a survey of the Bangladesh Bureau of Statistics (BBS).

Xiaomi has opened a plant in Bangladesh to manufacture smartphones locally, joining a growing list of producers, both global and local, that are making high-end mobile phones in the country.  

Companies in the chemical, plastic, and food processing sectors will be given priority when safety inspections get underway in the first phase of the government’s move to ensure adequate infrastructure and fire safety measures at all industrial units.

Households in Bangladesh have historically tended to use earthenware, china, stainless steel and even pewter for dinnerware. But once its use came to be known, melamine products quickly gained popularity, especially in rural and semi-urban areas.

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday urged the EU to continue providing trade benefits to Bangladesh for 12 years after the country’s graduation to a developing nation in 2026.

Bangladesh has a significant opportunity to expand its hold on the global technical textile and personal protective equipment (PPE) markets once local manufacturers find reliable raw material sources and upgrade their operations, according to a study published yesterday.

A private sector emergency operation centre focusing on disaster risk management was opened at the office of the Dhaka Chamber of Commerce and Industry (DCCI) yesterday.