15 new factories to create 1 lakh jobs
When some industries are struggling with liquidity crisis and high lending rates, the ceramics sector has been getting five new factories on an average every year since 2017, industry players said.
4y ago
Bangladesh’s untapped potential in export of ceramics
Ceramic tiles, tableware and sanitary ware have become an integral part of today’s life. It makes a world of a difference to the look and characteristics of a structure’s interiors and exteriors.
4y ago
Why design is a crucial element for the ceramics industry
Those days are gone when businessmen had to rely on foreign products for designing their items. Now most of the factories have their own design and product development team which brings out four to six new products – from plates, cups, mugs to cutlery and dinner sets – every year.
4y ago
Fund diversion fuelled non-performing loans
Diversion of funds by borrowers is the major reason for the higher non-performing loans in Bangladesh, according to Anis A Khan, a career banker who retired a few days ago after serving the industry for nearly four decades.
4y ago
Summit to invest $5b in infrastructure in 5 years
Summit Group will invest $5 billion in various projects in Bangladesh in the next five years to meet the country’s growing appetite for infrastructure.
5y ago
Southeast, Bank Asia most efficient, profitable lenders
Southeast Bank is the most profitable and efficient lender in Bangladesh followed by Bank Asia while Dutch-Bangla Bank is the least, according to an analysis of different banks’ cost-to-income ratio.
5y ago
Negative image, lack of lab challenges to going global
Negative country images and lack of laboratory facilities for checking standards are two major challenges for Bangladeshi food companies to enter global markets.
5y ago
Thirst for cultures changing consumption patterns: study
Consumers are on a big and broad journey of discovery, moving out of their comfort zones to explore bolder flavours and multi-sensory food experiences, according to Innova Market Insights, a global knowledge leader in the food and beverage industry.
5y ago
September 24, 2019
Omera, Beximco to export LPG to India
Two Bangladeshi companies are set to export liquefied petroleum gas (LPG) to the landlocked northeastern states of India. Omera Petroleum and Beximco LPG will export LPG to state-owned Indian Oil Corporation (IOC), which will bottle and sell to consumers.
September 6, 2019
Enough meat and egg for all now
Bangladesh has become self-sufficient in production of meat and egg, the two best sources of good-quality protein and micronutrients.
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 8, 2019
Investment in health gives 10 times more return
Bangladesh should increase its investment in social sectors such as health, education and nutrition to build a healthy population and enjoy demographic dividend, said a senior official of the Bill & Melinda Gates Foundation.
July 30, 2019
An entrepreneur to emulate
When university graduates of his time considered civil service a prestigious job, Azam J Chowdhury, 65, thought differently.
July 24, 2019
Bad loans put Janata in trouble
State-run Janata Bank’s provisioning shortfall has hit a whopping Tk 8,256 crore, the highest-ever deficit for any bank in the country, putting depositors’ money at risk.
July 16, 2019
Lot of success, lot to do
Bangladesh needs to sustain higher economic growth and diversify the economy in order to create jobs for a young population, said Kristalina Georgieva, chief executive officer of the World Bank since January 2017.
July 8, 2019
Problems SMEs face in Bangladesh
Small and medium enterprises (SMEs) are the backbone of the Bangladesh economy: they make up more than 90 percent of all
July 2, 2019
Gas Price Hike: Textiles, ceramics may suffer a blow
The latest gas price hike may not push up the electricity price at the moment, but the move will hit some industrial sectors, including textile spinning and ceramics, as their production cost will rise significantly, industry insiders said.
June 22, 2019
Three banks hit by cyberattacks
At least three local private banks suffered major cyberattacks last month, raising concern about the robustness of their security systems against a growing threat of scammers.
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