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
December 14, 2018
Tourism booming with economy
Bangladesh's tourism sector has grown with the pace of the country's economic growth in the past decade, as more and more people are having sizeable disposable income.
October 31, 2018
Pacific Jeans investing $100m to diversify products
Top denim maker Pacific Jeans is spending $100 million to set up two new factories in Chattogram in two years with the view to diversifying product base.
October 28, 2018
StanChart to play bigger role in Bangladesh
Standard Chartered wants to play a larger role in fostering the economic, financial and social development of Bangladesh by promoting trade and investment and helping local companies go global, said the group chairman of the British lender.
October 28, 2018
Private Armed Guards: Firearms law flouted at will
Many private banks and influential individuals are illegally employing armed guards in violation of the firearms law.
October 21, 2018
Affordable home: beyond reach of many
Dhaka has emerged as one of the fastest-growing megacities in recent times with a population of nearly 20 million.
October 11, 2018
Indian products rule border haats
Border haats, which are meant to trade produce of border communities to help them improve their livelihoods, are selling products
September 11, 2018
Germany's Cube teams up with Meghna to make high-end bicycles
Cube, the biggest bicycle manufacturer in Europe, has teamed up with Meghna Group to produce high-quality cycles in Bangladesh.
September 2, 2018
Once top-notch, Islami Bank now half the value of Brac
Brac Bank has become the country's largest private lender in market value, removing restructured Islami Bank Bangladesh Ltd (IBBL)
August 29, 2018
Outstanding Loans in Banking Sector: Big chunk held by bank owners
In Bangladesh, industrialists and businesspeople become shareholders and directors of banks, and borrow money from each other's banks. And not only that, up to four members of a family can now be in the board of directors of a bank, up from two previously, after the relevant rules were amended last year following Finance Minister AMA Muhith's recommendation.
August 28, 2018
Steelmakers flexing muscles
Steelmakers are investing thousands of crores of taka either to expand existing capacity or set up new units as consumption is on the
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