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.
21h 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
September 19, 2018
Rising middleclass brings cheers for supermarkets
The rise of the middleclass and their growing purchasing power are driving the growth of the supermarket business in Bangladesh,
September 14, 2018
Beacon to beef up fight against cancer
Beacon Pharmaceuticals, the largest manufacturer of cancer drugs in Bangladesh, will invest Tk 650 crore to set up a new unit to produce oncology medicines in a move that will expand its manufacturing capacity fourfold.
September 6, 2018
Nitol-Niloy to start assembling Tata pickups this month
A growing demand for commercial vehicles has encouraged Nitol-Niloy Group to start assembling Tata pickup trucks in Bangladesh from this month.
August 31, 2018
BRTC set to get 500 new trucks
Bangladesh Road Transport Corporation (BRTC) is all set to add 500 new trucks to its fleet at a cost of Tk 73.58 crore.
August 30, 2018
Pharma winning global markets
Pharmaceuticals export has crossed $100-million mark for the first time in the country's history, according to the Export Promotion
August 28, 2018
Steelmakers flexing muscles
Steelmakers are investing thousands of crores of taka either to expand existing capacity or set up new units as consumption is on the
August 26, 2018
Impact of Eid-ul-Azha on economy
The size of the Eid-ul-Azha economy is believed to be around Tk 31,000 crore, of which at least Tk 22,000 crore alone comes from
August 21, 2018
Eid lifts fridge sales
Refrigerator retailers and manufacturers have enjoyed a happy period as sales swelled ahead of Eid-ul-Azha thanks to a rise in per capita income and improvements in the livelihoods of people in rural and urban areas.
August 17, 2018
Commercial vehicle sales growing rapidly
Sales of commercial vehicles are growing rapidly in Bangladesh thanks to the increasing economic activities in the last one decade.
August 16, 2018
Mega steel plant in the works
A consortium of 17 local companies and a Chinese steelmaker is set to invest $3.5 billion to establish a Bangladesh-China joint venture integrated steel plant in Moheshkhali.
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