Jagaran Chakma

Jagaran Chakma is a Staff Reporter of The Daily Star

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.

1d ago

Singer becomes first firm to start production in Japanese EZ

It becomes the first plant in Araihazar economic zone

1d ago

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.

3d ago

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.

4d ago

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.

5d ago

Capital machinery imports on the mend

Capital machinery imports are recovering slowly as concerns over political uncertainty ease and banks show more willingness to facilitate investments amidst increased liquidity in terms of US dollars and stability in the exchange rate. During the July-January period of this fiscal year (FY), LC openings for capital machinery grew three percent year-on-year to $1,557 million, according to Bangladesh Bank data.

1w ago

Competitive prices propelling plastic exports

Plastic product exports from Bangladesh grew 17 percent year-on-year to $162 million in the first eight months of the current fiscal year as the country ensured supply at competitive prices and even discovered new markets despite the global economic downturn.

1w ago

Production at API Industrial Park to begin next month

Production of active pharmaceutical ingredients (APIs) at the API Industrial Park in Gazaria of Munshiganj will begin next month, with ACME Laboratories set to commission its manufacturing unit despite the lack of gas supply.

1w ago
March 7, 2024
March 7, 2024

47% factories fail to implement corrective measures: Bida

About 47 percent of the factories that were deemed at risk of industrial accidents by the Bangladesh Investment Development Authority (Bida) have yet to implement necessary corrective measures within the stipulated deadline of December 2023, officials of the government agency said.

March 3, 2024
March 3, 2024

'Almost all restaurants lack fire suppression systems'

There is hardly any restaurant in Bangladesh with a proper fire suppression system while only a handful among the owners are aware of fire safety measures, said a top leader of the Bangladesh Restaurant Owners' Association (BROA) yesterday.

February 29, 2024
February 29, 2024

Proton CEO Li Chunrong arrives in Dhaka to launch Proton X90

Li Chunrong, chief executive officer of Proton, arrived in Dhaka yesterday to take part in an event where Proton X90 will be unveiled.

February 29, 2024
February 29, 2024

Ensure cold chain logistics to reduce $2.4bn post-harvest losses

Bangladesh faces annual post-harvest losses of about $2.4 billion as the country lacks essential cold chain infrastructure and services known as temperature-controlled logistics (TCL), according to a paper presented at a conference.

February 25, 2024
February 25, 2024

Currency swap to help banks facilitate imports

Small and medium enterprises (SMEs), as well as the rest of the economy, will benefit from banks’ increased capacity to support imports thanks to the newly launched currency swap, said Ashraf Ahmed, president of the Dhaka Chamber of Commerce and Industry (DCCI).

February 20, 2024
February 20, 2024

Bangladesh to get first ‘green’ residential project with Tk 1,080cr investment

Ananta Group, one of the top garment exporters, is going to build Bangladesh’s first environment-friendly residential complex in the capital city with an estimated investment of Tk 1,080 crore.

February 19, 2024
February 19, 2024

8 banks, NBFIs to provide Tk 362cr for a private economic zone

Eight banks and financial institutions of Bangladesh and the World Bank are going to provide a syndicated credit facility of around Tk 430 crore for the development and expansion of Bay Economic Zone Limited (BEZL).

February 16, 2024
February 16, 2024

Rancon teams up with Genex to set up 21 EV charging stations

Rancon Motors, the sole distributor of Mercedes-Benz in Bangladesh, has teamed up with Genex Infrastructure to set up electric vehicle (EV) charging stations around the country to provide charging facilities in the future.

February 12, 2024
February 12, 2024

Mongla yet to become a port of choice among businesses

Mongla Port, which was expected to get a new lease on life due to the increasing flow of imported and exported goods after the opening of the Padma Bridge, is yet to become a port of choice among businesses.

February 12, 2024
February 12, 2024

Pharma sector shows signs of recovery

The pharmaceuticals sector of Bangladesh appears to be rebounding from the crisis stemming from both external and internal fronts in recent years as exports are growing, said a top official.

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