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.
1d 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.
3d 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, 2018
ADB to provide 'exceptional' grant to Bangladesh
Asian Development Bank (ADB) has decided to provide Bangladesh with a grant worth around $200 million, to help tackle the ongoing Rohingya crisis.
May 14, 2018
Caring for Rohingyas: WB agrees to a grant for Bangladesh
The World Bank has finally agreed to provide Bangladesh a grant to meet the basic needs of around one million Rohingyas who fled their homeland Myanmar, a high government official said.
May 8, 2018
Transport, power to take centre stage in budget
The planning ministry is likely to propose a Tk 1.81 lakh crore development budget for next fiscal year, giving emphasis on
April 30, 2018
Tourists splurge amid holidays
A weeklong vacation has brought life to the country's tourism industry in a period which is generally considered a dull season for hotel businesses and domestic airlines.
April 26, 2018
Automotive battery market revving up
The automotive battery market size hit Tk 8,000 crore last year on the back of runaway popularity of easy bikes and battery-run
April 22, 2018
$2.5b investment round the corner
Super Petrochemical Pvt Ltd (SPPL), a concern of TK Group, and SK Group of South Korea plan to invest $2.5 billion jointly to establish
April 19, 2018
Wilmar-Adani to invest $350m in Mirsarai economic zone
Singapore-based Wilmar and India's Adani Group plan to invest $350 million in Bangladesh to establish an industrial park in the Mirsarai economic zone under a joint venture that will produce agro-based foods and allied products.
April 18, 2018
Relief for realtors
Rod prices, which have been spiralling since the turn of the year, have dropped by at least Tk 3,000 per tonne this week in a
April 14, 2018
Bangla New Year: Sweetmeat makers see huge sales
Exchange of sweets, known as misthi in Bangla, is very common in social and religious rituals in Bangladesh. But the Pahela Baishakh, the first day of Bangla New Year, has become the biggest occasion for sweet makers and sellers in recent years.
April 13, 2018
Record $5b Chinese investment coming up
The Bangladesh Economic Zones Authority will sign a deal with a Chinese company in a month enabling it to invest $5 billion in the country.
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