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
June 27, 2016
No change in plans for BB over Brexit
The central bank has no plans to realign its reserve money invested in pound sterling even after the currency hit a 31-year low
June 24, 2016
BB steps in to keep exchange rate stable
Bangladesh Bank is continuing to purchase US dollars from commercial banks to keep the exchange rate stable.
June 22, 2016
Savers squeezed by low interest rates
Savers are now counting negative returns on their money once inflation and tax are taken into account.
June 17, 2016
Manufacturers line up for low-cost foreign currency loans
Manufacturers are rushing to take low-cost long-term foreign currency loans from the special World Bank-Bangladesh Bank fund,
June 15, 2016
Transit fee too low
The fee agreed by Bangladesh for allowing multimodal transit and transshipment facilities to India is low when compared to the benefits the neighbouring country stands to gain from the services, analysts said.
June 9, 2016
Credit growth beats expectations
Private sector credit growth continues to beat expectations in 2016, suggesting borrowers are eager to take advantage of the low interest rates.
June 7, 2016
ICB Islamic Bank has no merger plan
Troubled ICB Islamic Bank has no plan to merge or sell on the majority shares owned by Malaysian entrepreneurs despite the bank's struggle to improve its financial indicators since current owners took over in 2008, a top official said.
June 3, 2016
Cost of export-oriented factories to go down
Setting up export-oriented factories will be cheaper as the government has offered import duty benefits for inputs of pre-fabricated buildings and fire equipment.
June 2, 2016
Slowdown in investment: a headache for Muhith
The outgoing fiscal year is defined by growing confidence and optimism in the country's ability to achieve higher economic growth.
May 27, 2016
BB asks Al-Arafah not to sell stake to foreign investors
Bangladesh Bank did not allow Al-Arafah Islami Bank to sell 10 percent of its shares to Saudi-based Islamic Development Bank (IDB).
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