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
April 19, 2016
SWIFT asks local banks to amp up cyber security
SWIFT, which provides the network through which banks make international transfers, has warned its user banks in Bangladesh on the potential cyber threats as a result of the weak IT infrastructure in the country.
April 13, 2016
Local glass tableware gains popularity
Locally manufactured glass tableware is replacing imports, helping the country save foreign currency.
April 4, 2016
Credit card guidelines take a backseat after cyber heist
The Bangladesh Bank's move to issue guidelines for credit cards has taken a backseat after the cyber heist of $81 million from its account with the Federal Reserve Bank of New York, officials said.
March 30, 2016
BB to appoint consultant to beef up security
Bangladesh Bank has decided to appoint a permanent consultant to oversee its IT and overall security measures, a
March 29, 2016
Fed goes defensive, now talks to BB via lawyer
The Federal Reserve Bank of New York is acting defensively, distancing itself from any of the blame over the heist of $101 million from the Bangladesh Bank's account with it by cyber thieves.
March 27, 2016
Calls for SWIFT to set up local office grow louder
SWIFT Global, whose service was used by hackers to transfer Bangladesh Bank's $101 million, should set up an office
March 25, 2016
Insurance fair gets good response
People are increasingly turning to insurance policies to ensure their financial security. Many think the investments will help them retire rich, while others buy policies to ward off future shocks.
March 21, 2016
World Bank to help BB recover stolen money
The World Bank has proposed to help the Bangladesh Bank recover the stolen money and enhance cyber security,
March 20, 2016
State banks miss out on WB's low-cost funds
State banks plagued with bad loans are not eligible to disburse the World Bank's low-cost foreign currency long-term funds among
March 9, 2016
Long battle ahead for BB to retrieve stolen funds
It may take several years for Bangladesh Bank to recover the fund stolen from its account with the Federal Reserve
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