Tension in the hills hits tourism
Empty hotels, unsold fruits at roadside vendors and idle jeeps at stands -- these are the adverse sights in the south-eastern hill districts of Khagrachhari and Rangamati, two popular tourist destinations in Bangladesh, following the recent deadly violence.
3h ago
Steel sales slump by about 50% as govt projects come to a halt
The demand for steel in Bangladesh has almost halved over the past two months as most construction works have been halted following the recent political changeover, according to industry people.
2d ago
Automobile sales drop amid economic downturn, political jitters
Automobile sales have dropped substantially since July this year amidst the economic downturn and political turmoil, denting any hopes of recovering from last year’s slump, according to market insiders.
1w ago
No progress in upgrading six closed sugar mills as prices soar
The fate of six state-owned sugar mills remains uncertain as there has been no upgrading progress since those were closed three and a half years ago, contributing to soaring prices of the sweetener in the local market.
1w ago
Assembled by Meghna, three brand new KIA SUVs hit the road
Meghna Automobiles, the automotive arm of Meghna Group, began selling three locally assembled sport utility vehicles (SUVs) of South Korean automobile manufacturer KIA recently.
1w ago
Cement demand plummets as public projects lie dormant
Sales of cement nearly halved in the last couple of months as real estate developers shelved construction plans while public projects came screeching to a halt in the face of nationwide unrest and the sudden political changeover.
1w ago
Tyre makers gear up to fill void left by Gazi
Tyre makers in Bangladesh are ramping up production in a bid to expand their market share by catering to a potential supply shortage that may arise from the recent destruction of the Gazi Tyres factory in Rupganj upazila of Narayanganj.
2w ago
Tyre prices soar on rising costs for raw materials
Global hikes in tyre and tube-making raw materials rates and a factory rampage at local key manufacturer Gazi Tyres have caused a shortage and price hikes for the auto item used in lightweight two- and three-wheelers like motorbikes and auto-rickshaws.
2w ago
August 9, 2019
Eid economy to be 29pc bigger
The economy of Eid-ul-Azha is likely to add about Tk 40,000 crore to the economy, up 29 percent year-on-year, according to the Department of Livestock Services and analysts.
August 6, 2019
Record debt repayment last fiscal year
Bangladesh made a record in external debt repayment last fiscal year, in yet another indication of the growing stature of the economy.
August 4, 2019
Leather goods exports dull despite huge potential
Vietnam entered the global footwear export market just a decade ago and the Southeast Asian nation’s export now stands at $20
July 29, 2019
Export of plastic products rises as new markets emerge
Shipments of plastic products rose 22 percent year-on-year to $120 million in fiscal 2018-19, something manufacturers and traders attribute to the emergence of new export destinations.
July 25, 2019
The motorcycle boom in Bangladesh
The motorcycle industry has been growing fast in Bangladesh, thanks to government policy support and people’s growing purchasing power, market players said.
July 24, 2019
Local firm to set up $200m plant to make electric vehicle
Local automobile company Bangladesh Auto Industries Ltd (BAIL) is all set to make electric vehicles from next year with an initial investment of $200 million.
July 21, 2019
Pharma exports soar 26pc
Bangladesh’s medicine exports soared 25.60 percent year-on-year to $130 million last fiscal year thanks to continuous improvement
July 19, 2019
Dream flats to remain elusive
The dream of owning a flat may never come true for many as properties will become more expensive owing to the hike in prices of major construction materials as well as gas, realtors say.
July 14, 2019
Burgeoning economy lures Korean investors
In a heartening development, more and more South Korean companies are coming to Bangladesh with investment plans, attracted by
July 11, 2019
3 economic zones get $17.91b investment proposals
Businesses from home and abroad have come up with investment proposals worth $17.91 billion in Mirsarai, Sreehatta and Moheshkhali economic zones, which are now under construction.
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