Category: News

Energy price hike should not be abrupt and unusually high. Industries should be given the time to adjust to the changes Industries have been on the backfoot for a while now due to foreign currency and energy shortages. There have not been any significant improvements regarding these between April and…

“The ceramic industry has immense potential in the country.” Interview of Our Honorable Managing Director Sir Nazmul Karim. Interview & Published by: Share Biz Published Date: 25/11/2022

Ceramics sector, which is a highly value added industry for export and sells at reasonable costs in domestic market is facing hurdles due to energy shortage and problem in opening L/Cs slowing down production. Currently 80 per cent of local demands are met by locally manufactured ceramic products as import…

Sri Lanka an island nation off India’s southern coast is being disrupted with an economic crisis due to its enormous debt load, the pandemic and most recently the war in Europe have brought it to its knees. In less than a decade, Sri Lanka recovered from the ravages of a…

The growing foreign exchange reserve with Bangladesh Bank though strength for us but actually it is not a matter of happiness. There is uncertainty of dropping foreign direct investments that in first quarter in the current calendar year it fell over 13 per cent to US$800 million than corresponding period…

When Corona’s horrific attack hit China, business friends there repeatedly warned and feared it would spread quickly to Bangladesh and to the world. Personal initiative was in the beginning. I sat with my staff in the first week of February on how to deal with the Corona disaster. Although there…

The growing local ceramic industries which after meeting domestic demands are being exported to over 50 countries across the world is facing multifaceted problems that its export fell by 65 per cent in first six months of the running financial year (FY20). Bangladesh Export Promotion Bureau in its latest statistics…