Ifad Autos purchases land for business expansion

Ifad Autos, the sole distributor of Indian commercial vehicle giant Ashok Leyland, is planning big for the business expansion though its profit...

Millennium launches SUV Rexton in Bangladesh

The Millennium SsangYong Motors Ltd launched SUV Rexton 2020 model in Bangladesh recently. A launching ceremony was held at the Millennium Centre...

Government plans to import 4.98 MT petroleum in 2021

The government plans to import 4.98 million metric tonnes (MT) of petroleum fuel in the 2021 calendar year. BPC...

Runner to set up three-wheelers plant in Bangladesh with Bajaj with investment of BDT...

Runner Automobiles, a local motorcycle maker, has teamed up with Indian automobile giant Bajaj Auto Limited, a global market leader based in...

Pragoti to manufacture country’s own brand of motor vehicles

Pragoti Industries Limited, the state-owned company, will manufacture its own brand of automobiles with technical assistance from Mitsubishi Corporation of Japan. 

ACI Motors gets Tk126 crore investment from Dutch FMO & Singapore based SDI

ACI Motors is set to secure an equity-based foreign investment of Tk126 crore from two companies as it landed its first foreign...

IPDC offers exclusive auto loan

IPDC Finance Limited, the first private-sector financial institution of Bangladesh and automobile company BMW, a German automobile, motorcycle, and engine manufacturing company,...

Fair Group ties up with Hyundai to set up car assembly plant in Bangladesh

Fair Technology yesterday announced it has entered into an exclusive partnership with South Korean automotive manufacturer Hyundai Motors to set up a...

Draft automobile policy finalized

The government has finalized the draft ‘Automobile Development Policy 2020’ to provide necessary supports to the local car producing industries as Industries...

Car manufacturing in Bangladesh: preparing for the next big industry after apparel

Published by: The Daily Star, March 15, 2020  Bangladesh will soon start manufacturing cars, that too electric ones,...

Automotive industry trade show postponed due to coronavirus

A 3-day trade show on automobile industry was postponed following the detection of coronavirus patients in the country. CEMS...

Motorcycle Industry Development Policy on the card

The government has taken an initiative to manufacture spare parts of motorcycles locally with intent to boost the national economy. The industries...

Yamaha launched new bike Saluto Armada Blu

Yamaha launched Saluto Armada Blue for the customers. ACI Motors Limited is the only distributor of Yamaha motorcycle and technical collaborated partner...

Uttara Motors launches two new models of Suzuki

Uttara Motors Ltd, country's one of the leading automobile distributors on Saturday launched two new models of Japanese brand Suzuki in the...

AsiaCar backed Garirbazar acquired Motor-Bazar

Leading car-classified website in Bangladesh Motor-bazar was recently acquired by Garirbazar, one of the largest online automotive portals in the country....

Recent Article

Bank Asia re-elects A Rouf Chowdhury as its chairman

Bank Asia has re-elected A Rouf Chowdhury as chairman of Bank Asia at the 453rd meeting of its Board of Directors.

Gazi Golam Ashria became the new chairman of Jamuna Bank

Gazi Golam Ashria has been elected as the chairman of the board of directors of Jamuna Bank Limited for a timeframe of...

Stocks continue to struggle as profit booking goes on

Stocks closed lower on May 3 (Monday) as the profit-booking tendency continues to prevail among the investors after the 3-day streak of...

After 7 years of its launch, the number of agent banking accounts reach the...

The amount of accounts in agent banking in the nation reached the 1 crore mark in January 2021, after 7 years of...

Govt plans utilizing a large amount of aid for development projects

The government plans to utilize foreign aid worth Tk 88,024 crore for development projects in the next fiscal year. The amount is...

Uttara Group managing director to be felicitated by Japan

Chairman and managing director of Uttara Group, Matiur Rahman, is set to receive an award from Japan for his contribution in promoting...

Sea levels rising induced coastal migration could affect 1.3 million Bangladeshis by 2050: study

A recent study published by the American Geophysical Union – an international scientific group apprehended that there could be a triggered wave...

Credit growth of the private sector declines again in March

The credit growth of the private sector has returned to the downward trend in March after a slight recovery in April as...