Real-Estate & Infrastructure

The steel industry in Bangladesh is currently witnessing a steep drop in sales as the depreciation of taka against US dollar has hiked production costs at a time when consumers are unwilling to pay higher prices for the key construction material. Industry insiders say sales have fallen by an average …

Loan disbursement by non-bank financial institutions (NBFIs) surged 46 per cent year-on-year in the April-June quarter thanks to a recovery in demand after the reopening of the economy in the second half of last year. Financial institutions disbursed Tk 6,839 crore in the July-April period of 2022, up from Tk …

Industrial black smokes – carbon and zinc-mixed air once known as environment pollutants as chimneys of steel and other metal-making factories had been emitting those regularly into the air only a decade ago, has now become forex earner. Sources said Bangladesh has been earning $10-11 million annually for the last …

Commerce Minister Tipu Munshi today said that the government has a target of attaining manufacturing goods exports worth $80 billion by 2024 and $100.0 billion by 2026. The Minister said this while speaking at the “Meet the Overseas Correspondents Association of Bangladesh (OCAB)” at Jatiya Press Club in the city …

Zakia Sultana, Secretary, Ministry of Industries, said that Bangladesh’s sugar industry will be turned around soon as the government is trying to increase production and reduce imports as per instructions of Prime Minister Sheikh Hasina. Innovating high yielding sugarcane and providing technical support to sugarcane growers, increasing the price of …

CHATTOGRAM: Chittagong Customs House (CCH) has decided to auction 79 luxury cars of seven famous brands brought under the Carnet facility through Chittagong port. The organisation has already collected the clearance permit from the Ministry of Commerce to sell the cars at auction. Deputy Commissioner of CCH Santosh Saren confirmed …

Just two decades ago, one could hardly hope to see a well-furnished bathroom in the country’s semi-urban and rural areas. The scenario has changed over time as people living in these regions are becoming increasingly aware of good hygiene practices thanks to their improved living standards. In addition, the ongoing …

Commerce Minister Tipu Munshi today said the demand of readymade garments (RMG) workers for salary hike is logical in view of the rising commodity prices amid the current global economic situation. “Due to the Russia-Ukraine war, the prices of daily essentials have increased in the world market and also in …

Robi Axiata, Teletalk Bangladesh and Summit Towers have entered into a triparty agreement for sharing existing network infrastructure. Robi and Teletalk will be able to share their infrastructure in collaboration with Summit Tower as per infrastructure or tower sharing guidelines under the agreement, reads a press release. An agreement has …

Trade between Bangladesh and India via the Benapole land port remained suspended on Saturday, with the neighbouring country celebrating Vishwakarma puja. However, movement of people via the land port remained as usual, officials said. Kartik Chakrabarty, general secretary of the Petrapole C and F Agent Staff Welfare Association, said that …