Unitex Group to invest Tk650 crore on Chemical, Steel & Paint business

Unitex Group, a growing local conglomerate with diversified business in spinning, LPG, now plans to invest about Tk650 crore to set up...

BSRM Steel to set up Tk700 crore plant, though hit hard by COVID-19

BSRM Steels Ltd is set to invest Tk700 crore in a new plant to produce an additional 500,000 tonnes of re-rolling products per year...

GPH Ispat to export 25,000 tonnes of billet to China

GPH Ispat Limited, a publicly traded company has decided to enter into a contract for export of 25,000 metric tons MS billet...

Share price of GPH Ispat surged following the launch of new plant of Tk2,390...

GPH Ispat has recently launched its new plant worth Tk2,390 crores and began production using state-of-the-art technology on a trial basis. The...

Dominage Steel Building gets BSEC approval for IPO

The Bangladesh Securities and Exchange Commission (BSEC) on Wednesday approved the IPO (initial public offering) of Dominage Steel Building Systems Ltd which...

Steel manufacturers ask for Tk 3,000 crore from stimulus package

Following the slow the business activities, steelmakers also now demanded Tk 3,000 crore working capital at low interest from the government announced...

National Tubes to diversify into steel fabrication business

National Tubes is set to erect a steel structure and fabrication unit for Tk 1.33 crore as the 51 per cent government-owned...

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...

Steel makers feel the pinch of a subdued private sector

Published by: The Daily Star, February 20, 2020  All but one of the listed rod makers' profits dropped...

BSEC freezes 18 million placement shares of SS Steel amid allegation

Bangladesh Securities and Exchange Commission (BSEC) has frozen around 18 million placement shares of SS Steel Limited following an allegation that the...

Rod price soars suddenly

The price of mild steel rod is soaring in the market which is pushing up construction expenses. The price...

KSRM awarded new architects for best undergraduate thesis

KSRM, country's leading steel manufacturer, has recently awarded three new architects under "KSRM awards for future architects: Best undergraduate thesis" to inspire...

Listed steel manufacturing companies struggling

Published by: Daily New Age, December 27, 2019 The listed steel manufacturing companies have been struggling due mainly to...

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...

KSRM launches Award for future architects

KSRM Steel, country's leading steel manufacturing company, has launched an award for the future architects titled 'KSRM Awards for future architects: Best...

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...