LafargeHolcim reports 31 per cent profit growth in Q3 of 2020

LafargeHolcim Bangladesh posted resilient performance in July-September of 2020 with 31 per cent growth in operating profit amid Covid-19 pandemic.

Crown Cement postpones Tk600 crore expansion plan

The MI Cement Factory Limited, the owning entity of Crown Cement, has postponed expansion plans of its sixth manufacturing unit due to...

LafargeHolcim posts positive growth in profit in H1 of 2020 amid pandemic

LafargeHolcim Bangladesh posted a positive growth in earning per share for H1 which is up by 6 per cent year-on-year amid Covid-19...

BCIC and Saudi based EDII to form JV to build integrated cement factory

Bangladesh Chemical Industries Corporation (BCIC) and Saudi Arabian-based Engineering Dimension International Investment (EDII) have formed a joint-venture called Saudi Bangla Integrated Cement...

Cement makers suffer from slow local sales, export and idle capacity amid COVID-19

Buoyed by the GDP growth and mega infrastructure project by Bangladesh Govt., Bangladesh cement industry has been touted as one of the...

Cement makers urge govt to refund accumulated AIT of 750 cr BDT

The Bangladesh Cement Manufacturers Association (BCMA) urged the government to refund their accumulated advance income taxes (AIT) worth BDT 750 crore at...

LafargeHolcim posts 56% profit growth following merger with Holcim

Country’s leading cement producer LafargeHolcim Bangladesh Limted (LHBL) made a hefty profit last year, as its income after tax jumped by 56%...

Retail price of construction materials in downward trend

The retail prices of basic construction materials like steel rod and cement have been maintaining a downward trend amid the slow economic...

Meghna’s plan to invest Tk 4,000cr ready for action

Published by: The Daily Star, February 28, 2020  Meghna Group of Industries (MGI), a leading Bangladeshi business group,...

Saudi firm ED to build the largest cement production unit in Bangladesh

Saudi business firm the Engineering Dimensions (ED) is in final stage to sign a deal worth of USD 321 million to build...

LafargeHolcim to be a building material solutions provider

Published by: The Financial Express, January 20, 2020 LafargeHolcim Bangladesh vows to become the most sustainable and trusted...

LafargeHolcim organised technical seminar on Resilient & Sustainable Building Design

LafargeHolcim Bangladesh Ltd (LHBL) organised a technical seminar titled 'Resilient & Sustainable Building Design & Construction' at Sylhet recently.

Cement consumption to rise on infrastructure projects

Published by: The Daily Star, December 26, 2019 Cement consumption will go up in Bangladesh in the coming...

AIT on Cement raw materials import reduced to 3%

The government has reduced the rate of advance income tax (AIT) on import of cement raw materials to 3 percent from 5...

Promising prospects of cement industry

Published by: The Independent, December 22, 2019 The consumption of cement, a key construction material, has increased significantly over...

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...