Regulations in the Detailed Area Plan (DAP) are limiting housing responses to meet Dhaka’s growing accommodation needs, according to realtors, as they argue that current urban policies are doing more harm than good.
The Detailed Area Plan (DAP) aims to strike a balance between development and sustainability of Dhaka, according to the Bangladesh Institute of Planners (BIP), as it says relaxing DAP guidelines to favour real estate interests would cause long-term consequences to the liveability of the megacity.
Just five days after issuing a gazette notification imposing export fees on raw jute and jute products, the government has withdrawn the order to review the decision, following strong concerns from industry stakeholders over what they described as an excessive hike.
Best Holdings Ltd is set to open the first five-star hotel in Bangladesh’s industrial belt by June 2026, introducing luxury hospitality to Bhaluka in Mymensingh district.
Giordano Korea CEO sees ‘familiar signs of promise’ as he plans a factory in economic zone
Bangladesh’s healthcare sector has the potential to reach $23 billion by 2030, positioning the country as a major destination for foreign direct investment (FDI), according to a presentation shared at the Bangladesh Investment Summit.
Foreign direct investment (FDI) from China in Bangladesh has risen to $2.67 billion as of September 2024, according to official data, cementing China’s position as the country’s second-largest investor.
The government has launched an initiative to modernise and revive six shuttered sugar mills, aiming to transform them into profitable enterprises through public-private partnerships and advanced technology.
India’s visa restrictions on Bangladeshi nationals, while initially perceived as a barrier, could serve as a wake-up call for Bangladesh to strengthen its healthcare system and regain the confidence of its patients.
Pharmaceutical exports from Bangladesh notched record growth in November this year as local drug makers secured new markets and larger orders, according to industry people.
Despite the country’s efforts to reduce pollution and transition to cleaner cars, electric vehicle (EV) sales are yet to pick up due to multiple factors, including taxes and high registration costs, which sellers describe as “impractical”.
Despite capital machinery imports decreasing sharply, the resurgence in Bangladesh’s overall imports continued for a third straight month in October due to increased production in industries, especially export-oriented sectors, signalling that there may be some light at the end of the tunnel.
Most of Dhaka’s five-star hotels are not faring well for a dearth of guests, as political uncertainties and security concerns following the August 5 student movement are putting off most events and travel plans.
The price of mild steel (MS) rods has continued to fall due to low demand for construction materials, especially as public consumption has declined to virtually zero since the political changeover on August 5.
Bangladesh’s exports rose for a fourth straight month in November as goods that had been stuck for the past three months were finally shipped.
Three production units owned by Meghna Group of Industries (MGI) have been sitting idle inside the Cumilla Economic Zone despite two years having passed since construction works were completed due to a lack of gas and power connections
The group's inability to open new LCs has forced its factories to halt production
Bangladesh is sending more leather footwear to foreign markets like the United States, Japan and the European Union as the country’s footwear exports during the July-October period of the current fiscal year surged to a five-year high.
