Real-Estate & Infrastructure

Bangladesh Bank yesterday extended the relaxed loan repayment facility for shipbuilders in a bid to help the industry tackle adversities derived from the ongoing coronavirus pandemic. As per the central bank decision, shipbuilders will get another two-year moratorium to pay back bank loans. In April 2018, Bangladesh Bank relaxed the …

Agri-Science Society is a volunteer organization working for developing apps to aid digitalization in the agriculture marketing and farming sector of Bangladesh. Sheikh Shoaibur Rahman, a student of Sher-e-Bangla Agricultural University, founded the Agri-Science Society in 2019 with a dream of modernizing traditional farming to enhance food production without destroying …

Dhaka International Trade Fair (DITF) at its new venue in Purbachal has failed to attract visitors. Although 18 days of the month-long event have elapsed, the visitors remained in low numbers compared to a regular year in the past. This lukewarm response to otherwise a crowded event is being attributed …

Businessmen yesterday expressed worries over the energy companies’ latest proposal to raise gas prices, as they believe another hike now will increase the cost of production and ultimately slow down the economic revival amid the ongoing pandemic. The industries will lose competitiveness if the cost of production is raised at …

An intense competition is ongoing among private inland container depots (ICDs) to see who can handle the most import and export cargoes, which is helping ease congestion at Chittagong Port by facilitating the quick clearance of shipments. At present, there are 19 private ICDs located in and around Chittagong city. …

The net sales of national savings certificates plunged by 47.36 per cent year-on-year in the July-November period of the current fiscal year 2021-2022. The government’s budgetary and taxation measures have turned out to be the discouraging factors for the people to buy the high-interest bearing savings tools. The year-on-year net …

Plans to bring the country’s restaurants and bakeries under a grading system according to their standards have seen little progress in three years. In early 2019, Bangladesh Food Safety Authority (BFSA) initiated the move by displaying stickers of the standards initially at 56 establishments in Dhaka as a review for …

Jute millers and spinners have collectively decided that they will not buy the natural fibre for more than Tk 3,000 per maund from January 20 onwards in the face of rising costs. The Bangladesh Jute Mills Association (BJMA), Bangladesh Jute Spinners Association (BJSA), and Bangladesh Jute Association (BJA) took this …

Leaving the farmers in utter despair, millers and traders are hoarding a large quantity of Aman paddy after buying the crop at lower prices, capitalising on the government’s slow pace of paddy procurement from the farmers. Farmers have vented frustration as the government has so far procured only 35,000 tonnes …

State Minister for Power, Energy and Mineral Resources Nasrul Hamid has said that the government is exploring options like rooftop and floating solar power plants as alternatives to land-based ones due to scarcity of lands. He said it is not possible to set up land-based large scale solar plants as …