Sajjadur Rahman

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

August 26, 2018

Impact of Eid-ul-Azha on economy

The size of the Eid-ul-Azha economy is believed to be around Tk 31,000 crore, of which at least Tk 22,000 crore alone comes from

August 18, 2018

Pioneer: a star insurer

Insurance business in Bangladesh is very challenging as nobody buys a policy voluntarily because of the negative perception about it. Poor governance and dilly-dally in claim settlement has made the insurance business further difficult.

August 9, 2018

Policy consistency crucial for FDI

Consistent and clear policies, especially in areas of tariff, are central in attracting investments from abroad, said Mikael Hemniti Winther, the Danish ambassador to Bangladesh.

July 27, 2018

GSK shuts factory after six decades

GlaxoSmithKline (GSK), one of the world's leading research-based pharmaceutical and healthcare companies, has decided to close its medicine manufacturing unit in Bangladesh after over six decades of operation.

July 5, 2018

GE flying high in Bangladesh

American power equipment giant General Electric is betting big on Bangladesh, encouraged by the exponential growth of its business

June 27, 2018

Banks to cut lending rates in phases

Banks are sticking to their directors' decision to bring down the lending rates to 9 percent from July 1 amid growing dilemma over how to execute the plan for a large number of loan products.

June 8, 2018