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Recycling capacity needs to be upped to tackle plastic pollution

THE dismal state of waste management, especially of plastic waste, can hardly be overstated. The limited recycling capacity appears to have exacerbated the situation. World Environment Day this year has placed special an emphasis on plastic pollution. Although Bangladesh has made some strides in recycling plastic waste, a substantial volume of plastic remains uncollected...

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Can recycling lead leather industry forward?

DESPITE its long-standing potential, Bangladesh鈥檚 leather industry remains chronically underdeveloped. This stagnation continues even as the country produces over 350 million square feet of rawhide annually 鈥� an abundant resource that should position Bangladesh as a global leather hub. Yet unlike the ready-made garments sector, which thrived through sustained...

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EU, UK fine carmakers $600m over recycling cartel

Antitrust authorities in the EU and Britain on Tuesday fined a cartel involving some of the world鈥檚 biggest carmakers about 550 million euros ($594 million) for preventing competition on vehicle recycling...

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Battery recycling: a discounted path to environmental risk

LET鈥橲 talk about something quite common in Bangladesh: trade-in discounts for old batteries. You have probably seen it 鈥� hand in your old IPS or car battery and get a sweet deal on a new one. This practice is widespread, from city markets to smaller towns, reflecting the growing demand for affordable energy solutions and vehicle maintenance across...

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VAT on machinery for ship-recycling yards exempted

The government has exempted VAT, including advance tax, on importing capital machinery for ship-recycling yards to promote environmentally sustainable practices in line with global standards...