Bangladesh’s garment industry is operating at about 60% efficiency as prolonged electricity and gas shortages disrupt production, delay exports and threaten factory owners with bankruptcy, industry representatives said.
Bangladesh Honda Private Limited has exported Honda NX200 motorcycles to Mexico, expanding its international operations after previously shipping motorcycles to Guatemala, the company said Sunday.
About 45 senior executives from 25 U.S. companies are expected to visit Bangladesh by the end of next week to explore investment opportunities, a government spokesperson said Saturday.
A mechanical failure at a liquefied natural gas terminal in Moheshkhali has deepened Bangladesh’s gas shortage, disrupting electricity generation, factories and transportation.
Turkey’s Sanko Group plans to invest $300 million in an integrated textile manufacturing facility in Bangladesh’s Mirsarai industrial zone, government officials said Tuesday.
Floods have destroyed summer vegetables worth Tk140.82 crore (approximately $11.37 million) in southeastern Bangladesh, disrupting supplies and driving up prices in Chattogram markets.
Bangladesh is working to become a regional aviation hub linking South Asia with the wider world, civil aviation and tourism minister Afroza Khanam said Monday.
Bangladesh will waive booth rent for small entrepreneurs participating in international trade fairs as part of efforts to expand exports, commerce minister Khandakar Abdul Muktadir said Monday.
Bangladesh is launching construction of a Chinese-backed economic and industrial zone in Chattogram after the project remained stalled for about 12 years.
Prime Minister Tarique Rahman launched a startup platform on Tuesday and pledged government support for young entrepreneurs seeking to build businesses and create jobs.
