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.
17h 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
December 17, 2018
Shipment falls for anti-export policy
Despite being a promising export item, shipment of garment scrap, locally known as jhoot, fell last fiscal year mainly due to the government's anti-export policy amid rising local consumption and a Chinese ban on import, industry people said.
December 14, 2018
Tourism booming with economy
Bangladesh's tourism sector has grown with the pace of the country's economic growth in the past decade, as more and more people are having sizeable disposable income.
December 13, 2018
Agora to invest $10m to double outlets
Agora, the first retail chain in Bangladesh, is going to invest $10 million in the next two years to double the number of its outlets to
December 7, 2018
Appetite for high-end cars getting stronger
High-end car sales grew about 17 percent annually in the last three years thanks to Bangladesh's growing affluent class, brought about by the country's steady economic growth over the past decade.
December 4, 2018
NGOs need new sources of fund
Donors are likely to jump ship once Bangladesh becomes a middle-income country, meaning the local non-governmental organisations will have to find alternative sources of finance to carry out their development activities, said a top official of Brac.
December 3, 2018
Auto parts market swells on rising demand
The automotive component market in Bangladesh has more than doubled in a space of a decade driven by rising car users, said
November 30, 2018
Engine oil market expanding fast
The engine oil market has been growing at nearly 15 percent a year for the last three years thanks to a rise in the use of automobiles and introduction of new power plants.
November 25, 2018
Exploit finished leather, treble export earnings
Bangladesh can earn three times more from leather goods exports if all the finished leather produced in the country in a year is utilised, industry players said.
November 16, 2018
Car market thriving on economic prosperity
The automobile industry is passing through a good time for at least four years now thanks to the increase in disposable income and easy financing from banks and non-bank financial institutions.
November 12, 2018
Japan’s Honda opens motorcycle plant
Japan automobile giant Honda yesterday inaugurated its motorcycles manufacturing plant in Bangladesh, in what can be viewed as a watershed moment for the country's industrial capabilities.
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