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
September 9, 2017
Bank bends rules for its directors
In a gross violation of the banking rules, the United Commercial Bank has allegedly waived a director-related loan for less than one-fifth of the principal amount without Bangladesh Bank's approval.
September 1, 2017
Flood, Rundown Roads: Supply chain affected
Floods and rundown roads have become a major concern for businesses, as these are affecting supply chains and increasing both transportation costs and time, say industry players.
August 23, 2017
Credit card market still untapped
Corporate executives and businessmen quite often get stupefied with phone calls from banks selling credit cards.
August 15, 2017
PUM comes to the rescue of SMEs
Are you an entrepreneur and making small progress? Do you feel there is much more to gain? But you either do not have the resources to hire a commercial consultant or, in case you do, there is simply no local consultant around with specific knowledge and experience.
August 13, 2017
Credit, Debit Cards: Swindling on the rise
A credit card holder of an international bank in Bangladesh got a phone call from her bank last week. She was asked if she had made two transactions that day of about $450 from Spain and New Jersey.
August 7, 2017
Changes in bank law on cards
The finance ministry has moved to make changes to the Banking Companies Act 1991 that would strengthen the grip of families on private banks.
July 31, 2017
Imports to be costlier
The gap between buying and selling rates for US dollar has recently widened to Tk 1.50 from Tk 1, in a development that has made imports costlier and can go on to create inflationary pressure and squeeze the foreign exchange reserves.
July 18, 2017
Elias Brothers: a bane of banking industry
Once a highly sought-after client, Chittagong-based Mohammad Elias Brothers Group, known as MEB Group, has
July 12, 2017
Bleeding from bad loans
Ballooning bad loans are crippling not only the banking sector but also the national economy as a whole as the authorities fail to
July 9, 2017
Rising production costs bite into profits
Manufacturing and operating costs of industries -- be it steel, cement, ceramics or pharmaceuticals -- have increased significantly this year, eating into businesses' profit margin.
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