WE LIVE in an age defined by the fourth industrial revolution, where technological progress is advancing at a pace previously unimaginable. Expanded data storage, massive information flows and lightning-fast processing already reveal how far innovation has carried us. Yet the real transformation lies in the convergence of the Internet of Things (IoT) and...
Experts called for prioritising eco-industrial parks in Bangladesh and addressing a national framework to ensure sustainable growth...
Green activists and local people at a discussion on Wednesday blamed industries for polluting water, air and soil in Narayanganj and spreading pollution-related diseases...
Thyssenkrupp鈥檚 shares slumped Thursday as the struggling German industrial giant slashed its sales forecasts due to weak demand amid US president Donald Trump鈥檚 tariff onslaught...
Bangladesh has sought Malaysia鈥檚 assistance in developing a halal industrial park, aiming to tap into the rapidly expanding global halal products market...
As a part of Pubali Bank PLC corporate social responsibility, the bank has recently gifted a microbus to Bangladesh Council of Scientific and Industrial Research, said a press release...
German industrial production slumped in June to its lowest level since the pandemic in 2020, data showed Thursday, underlining the fragility of Europe鈥檚 top economy even before US President Donald Trump鈥檚 new tariffs kicked in...
German industrial orders unexpectedly fell in June, official data showed Wednesday, as Europe鈥檚 biggest economy struggles with prolonged domestic weakness and volatile US trade policy...
The country鈥檚 largest Water Reuse and Improved Wastewater Management Demonstration Site were unveiled at Fakir Knitwears Limited in Narayanganj on Wednesday, aiming to promote the sustainability of the country's readymade garment industry...
THIS is deplorable that the authorities have failed to address the issues that have rendered Bangladesh Small and Cottage Industries Corporation Industrial Estate 2 in Rajshahi unattractive to entrepreneurs. Launched in July 2022 as a Tk 1.5 billion project, the estate was meant to create 10,000 jobs and stimulate small and medium enterprises in the region. It, however, remains...
Three years after it was declared ready for entrepreneurs, the Bangladesh Small and Cottage Industries Corporation Industrial Estate鈥�2 in Rajshahi鈥檚 Paba upazila is struggling to attract investment due to the high price of plots and the absence of utility services...
Major US equity indices retreated from records early Tuesday after shares of several large industrial companies fell following earnings reports...
THE Fourth Industrial Revolution promises a dazzling future: hyper-connected cities, intelligent automation, ubiquitous sensors and AI-driven efficiency. For Bangladesh, embracing these technologies is not merely aspirational; it is considered essential for economic leapfrogging, enhanced governance and improved quality of life for millions. Yet, as we rush headlong into...
The Small and Medium Enterprise Foundation and the United Nations Industrial Development Organisation have planned to collaborate on fostering environmentally friendly initiatives, promoting circular industries, and supporting circular economy-based startups and micro, small and medium enterprises in Bangladesh...
IN THE grand narrative of Bangladesh鈥檚 rise from a war-torn country to a development model for the global south, trade has always played a pivotal role. With exports crossing the $60 billion mark in the 2023 financial year, up from just $6.5 billion two decades ago, Bangladesh has showed how the strategic use of comparative advantage and an export-oriented...
Eco-Industrial Parks light touch activities in Bangladesh was launched on Wednesday, says a press release.
Industrial term loan disbursements declined notably in the January鈥揗arch quarter of 2025 comparing with the same period in the previous year, reflecting the deepening economic crisis stemming from persistent political unrest, a volatile business climate, and ongoing distress in the banking sector...
So far, a total of 4,242 factory units of various industrial hubs and export processing zones have paid their festival allowances as of Sunday ahead of Eid-ul-Azha, one of the biggest festivals for the Muslims, according to the Industrial Police data...
BANGLADESH鈥橲 economic growth has largely relied on low-cost labour and export-oriented manufacturing. Built mostly on unskilled or semi-skilled work, this model has long overlooked the importance of research and innovation. Even today, in a fast-changing and technology-driven world, the legacy of this approach continues. But the Fourth Industrial Revolution (4IR)...
Bangladesh Knitwear Manufacturers and Exporters Association president Mohammad Hatem said that the industrialist have proposed the government to provide Tk聽550 crore to import liquefied natural gas to address the ongoing gas issues in the country鈥檚 garment and textile sector...
Labour and employment adviser Brig Gen (retd) M Sakhawat Hossain on Saturday blamed past misgovernance and political abuse for the failure of the country鈥檚 industrial sector, stating that factory owners used to hold political power and parliamentary positions, leading to exploitation rather than fair governance...
Different political parties and labour rights organisations specially the garment worker rights bodies on Thursday observed the 12th year of the Rana Plaza collapse, the deadliest industrial accident in the country, with the demand for completing the trial of the owners of the factory responsible for the accident...
Bangladesh鈥檚 readymade garment industry has undergone a significant change in the aftermath of the Rana Plaza collapse, one of the deadliest industrial accidents in the country, but there are still in the sector many issues to be addressed...
UNIVERSITIES in Bangladesh have recently begun shifting towards outcome-based education, a framework that prioritises student competencies, application-oriented learning and accountability in educational outcomes. While this change signals an encouraging response to the demands of the global economy and the fourth industrial revolution, a mismanaged...
A persistent decline in private-sector credit growth is concerning. A sluggish private sector credit growth has a direct negative impact on industrial expansion, new investment and employment opportunities. The private sector credit growth fell to 6.82 per cent in February, hitting its lowest in the past two decades, according to available Bangladesh Bank data. A...
DESPITE a remarkable advancement in the industrial sector, with its contribution now standing at more than a third of the gross domestic product, it has failed to diversify export-oriented industries, products and markets. A lack of comprehensive and consistent policies and the failure to effectively implement the few that are there are said to have led to such a state. An...
Industrial term loan disbursements declined in the October-December period of 2024 compared with the same period of the previous year, reflecting the ongoing economic distress driven by political unrest and sharp depreciation of the local currency.
According to the latest report of Industrial Police, 2,282 readymade garment and textile factories are yet to clear half or full wages for March...
Chairman of China Export-Import Bank Chen Huaiyu on Thursday said that his bank would support the relocation of Chinese manufacturing plants to Bangladesh to make the country a platform for export to other nations...
Branches of the scheduled banks in the readymade garments industrial areas will remain open in March 28-29 to facilitate payment of garment workers鈥� salary, Eid聽bonus, allowances and export-import activities...