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
February 16, 2016
Regulator directs MetLife to boost capital five times
The insurance regulator has instructed MetLife Bangladesh to raise its paid-up capital by almost five times to Tk 350 crore in a move to safeguard the interests of its policyholders.
February 16, 2016
Foreigners in ATM fraud ring
Foreigners are believed to be involved in the skimming racket that stole money from ATMs in signs of new financial crimes that rattled both banks and customers.
February 14, 2016
ATM frauds rattle banks, customers
ATM card frauds have forced banks to take precautionary measures, including temporarily shutting down
February 8, 2016
India shelves investigation
India agreed in principle not to carry out investigations relating to anti-dumping and countervailing duties on jute goods exported from Bangladesh, a senior commerce ministry official said yesterday.
February 7, 2016
Export to India at high risk
India has launched an anti-dumping investigation into imports of jute goods from Bangladesh to see whether the export prices are set below fair market prices. In October, the Directorate General of Anti-Dumping and Allied Duties (DGAD) under India's commerce ministry opened the probe as part of its plan to impose anti-dumping duty on jute items imported from Bangladesh.
February 2, 2016
National Bank moves to sell SA Oil Refinery's mortgaged assets
National Bank Ltd has put up advertisements to sell off the mortgaged properties of SA Oil Refinery that failed to repay the lender about Tk 215 crore.
January 29, 2016
Bank deposit rates fall sharply
Fixed deposit rates have come down to as low as 4 percent on the back of low demand for loans, bankers said.
January 25, 2016
Study TPP's impact on Bangladesh
Bangladesh should immediately analyse the potential consequences of the mega trade deal, Trans-Pacific Partnership, on its economy, a senior World Bank official said yesterday.
January 25, 2016
The man behind dubious lending
Mahabubul Haque Chisty, chairman of the Farmers Bank's executive committee, is at the centre of controversies surrounding the newly established bank.
January 19, 2016
Farmers Bank hits controversy
Rubel Brothers and Apollo Multipurpose Agro Industries are loan defaulters of state-owned BASIC and Janata banks respectively and yet had no trouble getting fresh loans from the Farmers Bank.
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