Steelmakers face capital shortage as sales nosedive
Steelmakers in Bangladesh are facing a severe working capital shortage due to the sharp rise in the US dollar exchange rate and a slowdown in sales, according to industry insiders.
3d ago
High-end electronics sales hurt by runaway inflation
The demand for consumer electronics in the mid to high-end categories has declined drastically in Bangladesh as most people are shifting to cheaper alternatives or avoiding purchases altogether amid persistent inflation.
2w ago
Beza may build solar parks in Mirsharai EZ
The Bangladesh Economic Zones Authority (Beza) is considering utilising unused land to establish solar power parks at the Mirsharai Economic Zone in Chattogram, the largest industrial enclave in the country.
2w ago
Consumer sales slow as inflation bites
Grocery shelves are not clearing as quickly for fast-moving consumer goods (FMCG), while many are switching to mini-packs of food and toiletries -- indicating that people are losing ground in their prolonged battle against inflation.
3w ago
Three drug makers ready to produce raw materials in API park
After successful trials, three local drug makers are set to begin full-fledged commercial production of active pharmaceutical ingredients (APIs) at the BSCIC API Industrial Park at Gazaria in Munshiganj.
1m ago
Millers bring down steel production as demand falls
The country’s steel production fell significantly in September compared to the previous year as the industry reeled from a damaging slump in demand and subsequent price reduction.
1m ago
Exports grow 5% in Jul-Sep, EPB admits $3b mismatch
The Export Promotion Bureau (EPB) yesterday unveiled the export data for the July-September period of fiscal year 2024-25 and officially acknowledged that there was a $3.16 billion export data mismatch in the same quarter of the previous fiscal year.
1m ago
Luxury car sales slow to a near-stop
Sales of luxury sedans and sport utility vehicles (SUVs) have been almost nil since July this year as customers have reined in spending amid the ongoing economic downturn and sudden political changeover in Bangladesh.
1m ago
November 13, 2024
Steelmakers face capital shortage as sales nosedive
Steelmakers in Bangladesh are facing a severe working capital shortage due to the sharp rise in the US dollar exchange rate and a slowdown in sales, according to industry insiders.
October 30, 2024
High-end electronics sales hurt by runaway inflation
The demand for consumer electronics in the mid to high-end categories has declined drastically in Bangladesh as most people are shifting to cheaper alternatives or avoiding purchases altogether amid persistent inflation.
October 29, 2024
Beza may build solar parks in Mirsharai EZ
The Bangladesh Economic Zones Authority (Beza) is considering utilising unused land to establish solar power parks at the Mirsharai Economic Zone in Chattogram, the largest industrial enclave in the country.
October 22, 2024
Consumer sales slow as inflation bites
Grocery shelves are not clearing as quickly for fast-moving consumer goods (FMCG), while many are switching to mini-packs of food and toiletries -- indicating that people are losing ground in their prolonged battle against inflation.
October 17, 2024
Three drug makers ready to produce raw materials in API park
After successful trials, three local drug makers are set to begin full-fledged commercial production of active pharmaceutical ingredients (APIs) at the BSCIC API Industrial Park at Gazaria in Munshiganj.
October 16, 2024
Millers bring down steel production as demand falls
The country’s steel production fell significantly in September compared to the previous year as the industry reeled from a damaging slump in demand and subsequent price reduction.
October 10, 2024
Exports grow 5% in Jul-Sep, EPB admits $3b mismatch
The Export Promotion Bureau (EPB) yesterday unveiled the export data for the July-September period of fiscal year 2024-25 and officially acknowledged that there was a $3.16 billion export data mismatch in the same quarter of the previous fiscal year.
October 9, 2024
Luxury car sales slow to a near-stop
Sales of luxury sedans and sport utility vehicles (SUVs) have been almost nil since July this year as customers have reined in spending amid the ongoing economic downturn and sudden political changeover in Bangladesh.
October 1, 2024
Confidence Cement investing Tk 815cr to set up new factory
Confidence Cement PLC, a cement maker based in Chattogram, is investing Tk 815 crore to set up a new production facility on 10 acres of land in Narsingdi and cater to the future demand..The move comes at a time when cement sales have nearly halved over the past few months as most private a
September 27, 2024
Tourism in turmoil
The tourism sector of Bangladesh has been hit hard by the 2024 national elections, unfavourable weather, recurring floods and anti-discrimination movement in the current year compared to last year, as people are unwilling to travel for fear of violence.
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