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.
9h 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
May 16, 2019
Automobile repair draws big business groups’ interest
Big business groups are entering the automobile workshop business, tempted by the massive jump in the number of motor vehicles plying the roads in the past several years. Their entry means traditional workshops will gradually be phased out and replaced with sophisticated automated repair centres.
May 12, 2019
Bida to set up lounge for investors at Dhaka airport
Bangladesh Investment Development Authority (Bida) is going to set up a lounge at Hazrat Shahjalal International Airport to facilitate
May 10, 2019
Rising mercury fuels AC sales
Sales of air conditioners have doubled year-on-year in April as people are seeking ways to get respite from the scorching summer. Samsung posted 150 percent sales growth in April compared to the same month last year where Transtec raked in 100 percent sales growth since April 15.
May 8, 2019
Bangladesh self-sufficient in billet production
Bangladesh has become self-sufficient in billet manufacturing on the back of huge investment made by large steel mills, which bumped up their production capacity for the key raw material of steel products.
May 1, 2019
ACI brings new Yamaha bikes
Japanese motorbike manufacturer Yamaha has added two new stylish, sporty and safe two-wheelers in its range of products to attract young bike lovers of Bangladesh.
April 23, 2019
Teatulia brings pride gaining foothold in US, UK
A Bangladeshi tea brand has gone global with successful business, expanding to the United States and the United Kingdom after
April 14, 2019
China may raise interest rate of power loans
Beijing is demanding 3 percent interest rate for a $1.4 billion loan for a power project in Bangladesh, a 50 percent increase in the
April 14, 2019
A sweeter Pahela Baishakh
Pahela Baishakh, the first day of the Bangla new year, has become the biggest occasion for sweetmeat makers on the back of the rising
April 8, 2019
Govt urges China to fast-track loan deals
Dhaka has called upon Beijing to speed up the process to sign loan agreements of China-funded projects undertaken following the signing of a memorandum of understanding in October 2016.
April 3, 2019
Local makers flex muscles
Agriculture equipment manufacturers are helping the country's farmers mechanise and increase crop production by way of supplying
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