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 9, 2019
EBL getting ready to fund big projects
At a time when most lenders are battling liquidity crisis, rising default loans and poor governance, Eastern Bank Limited (EBL) is sitting pretty by all accounts.
June 2, 2019
Banks should be setting interest rates, not others
Banks should be the only ones setting the interest rates as they offer loans at rates that are based on factors like cost of funds, credit worthiness of a customer and the prevailing market condition, said AKM Shaheed Reza, chairman of Mercantile Bank.
May 28, 2019
City Bank embracing digital innovations with gusto
People do not need banks but they need banking, Microsoft founder Bill Gates said 30 years ago. And it appears he was on to
May 20, 2019
COMMODITY TRADERS GRIN IN RAMADAN
Ramadan, the fasting month for Muslims, sees a spike in demand for many commodities.
May 19, 2019
Defaulters have the last laugh
Insanity is doing the same thing over and over again and expecting different results, the influen-tial physicist Albert Einstein once said. And this quote comes to mind when one glances through the Bangladesh Bank’s latest policy for defaulters. Issued on May 16, the notice is an extended
May 16, 2019
Develop stock, bond markets to meet infrastructure financing needs
Bangladesh must develop its capital and bond markets to meet the long-term financing needs of infrastructure projects as bank loans are not viable for mega initiatives worth billions of dollars, said a top official of a state-run non-bank financial institution. “Funds will have to come from the stock market
May 12, 2019
New Vat Law: FBCCI, NBR at loggerheads
The NBR and the FBCCI are at loggerheads over the new VAT law, reminiscent of past pushbacks from the business community that have delayed its implementation by four years already.
April 8, 2019
Retail banking: making luxuries affordable
Everyone has dreams of a better life, and given the pace of urbanisation and the rising purchasing power this aspiration has become
March 26, 2019
A tale of two economies
The infamous quote 'Bangladesh is a bottomless basket' made by then US Secretary of State Henry Kissinger in 1974 has already been
December 17, 2018
LARGE LOAN RESTRUCTURING: FAVOUR PROVES FUTILE
On January 29, 2015, the Bangladesh Bank issued a new large loan restructuring policy to stand by big borrowers in trouble.
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