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
August 22, 2016
Banks in tight race as rates slide
Lenders are locked in a stiff competition to bag clients with good track record, according to industry players.
August 21, 2016
Ratings a must for banks
Eastern Bank Ltd has paved the path forward once again, becoming the first company in the country to be ranked by
August 18, 2016
Call money rate falls to record low amid tepid demand
The call money rate has plummeted to a record low, indicating the market is flush with liquidity with hardly any demand for credit.
August 16, 2016
Sales of savings tools hit record
Net sales of savings instruments hit a record high in fiscal 2015-16, as investors were lured in by interest rates which are 5 percentage points higher than those offered by commercial banks on term deposits.
August 14, 2016
Three non-banks weigh down entire sector
Three non-bank financial institutions' reckless lending has pushed up the overall industry's nonperforming loans.
August 12, 2016
Private credit growth highest in four years
Banks' lending to private borrowers grew a robust 16.56 percent last fiscal year, according to central bank data
August 11, 2016
United Group hastily pulls back from Islami Bank board
Hazrat Shahjalal (RA) Industrial City, a proposed company of power giant United Group, has left the post of directorship of Islami Bank within just one and a half months of assuming the position.
August 5, 2016
Administrator barred from taking charge of Dhaka Mercantile Cooperative
The government appointed an executive officer for the controversial Dhaka Mercantile Cooperative Bank Ltd last month but the cooperative officials did not let him join office citing a stay order from the High Court.
August 3, 2016
Banks' costs mounting
Most of the banks' cost-to-income ratio, which is used to measure efficiency and productivity, accelerated in 2015 from a year earlier.
August 2, 2016
Regulator warns insurers on spending overruns
The insurance regulator has found that 40 non-life insurers have breached their respective limits on management expenses for the last
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