Uttara: A city within a city
Before the 90s, Uttara offered little aside from open fields of green and waterlogged land.
19h ago
Retailers, brands flock to Uttara
The consumer market in Uttara, a planned suburb in Dhaka city, has witnessed steady growth over the years, prompting many retailers and brands to expand their operations in the area.
19h ago
Beyond Dollar: Bangladesh to seek over 36b yuan in Chinese loans
Bangladesh is going to seek more than 36 billion yuan, equivalent to $5 billion, as soft loans from China to reduce pressure on its dollar reserves.
3d ago
State-run oil companies see double-digit profit growth
The three state-run oil companies in Bangladesh booked double-digit growth in profits during the first nine months of the current fiscal year even after a decline in sales mainly due to a rise in income from bank deposit interests.
4d ago
Efficient use of AC can reduce electricity bills: experts
However, although ACs provide a much-needed respite from the heat, the home appliance also draws a lot of power, leading to higher electricity bills and putting a further strain on people who are already suffering due to heightened inflation.
1w ago
Starting from nowhere, pharma sector becomes a lifesaver
The year 1982 was a watershed in the history of the pharmaceutical industry of Bangladesh as the government stepped in to lay the foundation for its stellar growth in the subsequent decades.
2w ago
API production falls short
While Bangladesh’s pharmaceutical sector has exceeded expectations and surpassed many comparator countries, the industry’s reliance on imports for raw materials has long been a limiting factor.
2w ago
Aziz Mohammad Bhai buys 27 lakh new shares of Olympic Industries
He now holds 17 percent or Tk 499 crore worth of shares of the company
2w ago
April 9, 2024
Furniture sales rebound on buying spree ahead of Eid
Following two years of dull demand, home furniture sales went up slightly in the lead-up to Eid-ul-Fitr, the biggest religious festival for the Muslim community in Bangladesh, as people went on a buying spree despite ongoing inflationary pressure, according to industry people.
April 8, 2024
Festival fervour driving home appliance sales
Although there is no accurate data on the market for electronic home appliances, industry insiders believe that sales during Eid-ul-Fitr account for around 60 percent of their annual receipts.
April 7, 2024
Leather shipment recovers, fetches $100 million in 9 months
Leather exports rose 9.8% year-on-year in Jul-Mar of FY24
April 1, 2024
More CEOs expect economic improvement this year
About 36 percent of the CEOs are expecting the economic growth rate to improve, compared to 31 percent in a similar survey conducted last year.
March 30, 2024
Scooter sales rev up as riders seek comfort
Local retailers post up to 65% rise in monthly scooter sales
March 28, 2024
Singer becomes first firm to start production in Japanese EZ
Singer Bangladesh, one of the leading manufacturers and retailers of home appliances in the country, has begun manufacturing products at its new factory, becoming the first entity to do so inside Bangladesh Special Economic Zone (BSEZ) at Araihazar in Narayanganj.
March 27, 2024
Singer becomes first firm to start production in Japanese EZ
It becomes the first plant in Araihazar economic zone
March 26, 2024
Pharmaceutical sector on steady path to recovery
According to industry people, the dollar crisis in the country is gradually easing and the global supply chain is getting smoother, positively impacting the pharmaceuticals sector.
March 25, 2024
More households use refrigerators, ACs as income grows
Here, the steady growth of Bangladesh’s economy -- around 6 percent annually -- for the last two decades, and subsequent increases in overall buying capacity, played a big role. Another factor is the increasing domestic assembly of these items by local companies.
March 24, 2024
Jetro concerned over hassles in salary payment
Yuji Ando, the country representative of the Jetro, said Japanese companies present in Bangladesh are also facing troubles in customs clearance and settlement of letters of credit.
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