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 26, 2018
Foreign loans getting costlier: BIBM
Increasing LIBOR rate and the appreciation of the greenback against the taka are putting pressure on Bangladeshi businesses that
April 5, 2018
Quest for a cashless society continues
Electronic or digital payments have been growing steadily in Bangladesh for the last several years, thus helping the country to boost
April 1, 2018
Boost capacity of contractors to speed up projects
Bangladesh must increase the capacity of local contractors to ensure timely implementation of projects and sustain the economic
March 26, 2018
Meghna sets up eight new plants for $300m
Local conglomerate Meghna Group of Industries has invested $300 million (about Tk 2,500 crore) to set up eight new factories at its newly-built two economic zones at Meghnaghat in Narayanganj.
February 20, 2018
A glance at two success stories
After apparels the pharmaceuticals industry has been one of the success stories of Bangladesh in the last three decades.
February 15, 2018
Bank savers can smile again
Though the recent rise in interest rates has become a bane for borrowers, it is a boon for savers, especially for retirees and others who
February 11, 2018
Now NBFIs hike interest rates
After banks, non-bank financial institutions have now hiked their lending rates by two percentage points due to the sudden liquidity
February 6, 2018
Liquidity Crisis: From banks to many fronts
Bangladesh economy showed resilience even during the global financial crisis that began in 2008.
January 29, 2018
Three airlines leave Bangladesh for good
Three foreign airlines -- Oman Air, Bangkok Airways and Thai Smile -- shut down their Bangladesh operations last
January 28, 2018
Defaulted Loan: Grows in long legal process
Aziz Pipes, a leading PVC pipe manufacturer, owes Tk 28.71 crore to Uttara Bank. The company took the loan between 1997 and 2003 from the bank's Motijheel corporate branch.
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