Industries

New plants stuck in pandemic

For one and a half years, Premier Cement has repeatedly pushed back its plan to start the commercial production at a newly built manufacturing unit in Chattogram.
16 August 2021, 18:00 PM

Ease conditions for raw material import: BGMEA

Local garment manufacturers have demanded that the government ease conditions for importing yarn, cotton and fabrics as work orders were pouring in from international clothing retailers and brands.
15 August 2021, 18:00 PM

Mills fear sugarcane shortage

All nine sugar mills operating across the country may face a shortage of sugarcane this year as the total farming area of this cash crop has declined by almost half compared to previous growing seasons.
12 August 2021, 18:00 PM

Modernisation of sugar mills: Little progress in 8 months

Although eight months have passed since the closure of six sugar mills, there has been little progress in modernising them owing to red tape.
12 August 2021, 18:00 PM

Use of ICT needs to be increased to face 4th industrial revolution

The use of information and communication technology has to be increased to create skilled human resources to address the challenges of the fourth industrial revolution, speakers said at a webinar today.
12 August 2021, 13:12 PM

Digital knowledge platform Asia Garment Hub launched

The Asia Garment Hub, a one-stop digital knowledge platform, was launched today to help industry stakeholders understand, promote and operationalise decent work and sustainable business practices across the supply chain.
11 August 2021, 14:11 PM

Investors call for action by steelmakers on carbon emissions

Steelmakers must take urgent action to produce less carbon in order to meet the Paris Agreement on climate change, investors with $ 55 trillion in assets said Wednesday.
4 August 2021, 18:00 PM

‘Allow all factories to reopen’

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has called upon the government to allow them to reopen all types of factories for the sake of investment, employment and smooth supply chain.
31 July 2021, 18:00 PM

Efficient river dredging to propel industrial growth: experts

Experts yesterday emphasised sustainable and efficient river dredging and its proper maintenance to improve the country’s inland waterways to propel industrial and socio-economic development.
31 July 2021, 18:00 PM

Open all factories, banks in industrial areas from tomorrow: FBCCI

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has called upon the government to allow them to reopen all types of industries and factories for the sake of investment, employment and to maintain the supply chain.
31 July 2021, 12:35 PM

All export-oriented factories, industries to be open from August 1: Cabinet

The government has decided to keep all the export-oriented factories and industries open from August 1 amid the ongoing strict lockdown which started from July 23.
30 July 2021, 13:26 PM

Samsung reports surge in profit

Samsung Electronics’ net profits surged more than 70 per cent in the second quarter thanks to higher memory chip prices fuelled by pandemic-led demand, the South Korean tech giant reported Thursday.
29 July 2021, 18:00 PM

Set yourself up for a successful retirement

Saidur Rahman Shamim has been working in the garment industry for more than 25 years. Yet, despite working for such a long time, he literally lives from hand to mouth.
29 July 2021, 18:00 PM

Let factories reopen

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday urged the government to allow them to reopen all factories, including export-oriented industries, citing that export might suffer severely for the continued restriction.
29 July 2021, 18:00 PM

BGMEA writes to US, EU envoys seeking assistance for vaccination

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has sent letters to the ambassadors of the United States of America and the European Union, requesting them to assist for rapid vaccination of readymade garment workers in Bangladesh.
29 July 2021, 16:05 PM

Let us reopen factories: FBCCI urges govt

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) today urged the government to allow them to reopen all factories including export-oriented industries, citing that export might suffer severely for the continued restriction.
29 July 2021, 11:30 AM

Nissan posts surprise Q1 profit

Japanese automaker Nissan Motor Co on Wednesday raised its earnings outlook for the year, helped by a weaker yen and favourable demand in the United States, after reporting a surprise first-quarter operating profit.
28 July 2021, 18:00 PM

Tesla posts record profits

Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to higher sales of its less-expensive electric vehicles, as it raised vehicle prices and cut costs.   
27 July 2021, 18:00 PM

ZXY inks partnership deal with HeiQ

Textile manufacturer ZXY International has recently announced a new partnership agreement with textile innovator HeiQ enabling trading with brands and mills and connect as per requirements with innovative technologies. 
26 July 2021, 18:00 PM

Singapore’s GIC invests $240m in Arctic Green Energy

Singapore sovereign wealth fund GIC will invest $240 million in Arctic Green Energy to support the renewable energy firm’s expansion in Asia and Europe, the companies said on Monday.
26 July 2021, 18:00 PM