Bizdata Insights Main Logo

BizData Insights

Promoting Standard Motorcycle Helmets for Road Safety

Industry: Automobile, Automotive

Government officials and foreign delegates emphasized the need for local manufacturers to produce certified motorcycle helmets in order to increase accessibility and affordability, ensuring road safety. The World Bank, in collaboration with the Bangladesh government and BRAC, organized an advocacy event to promote the use of standard helmets during UN Road Safety Week.

Currently, all certified helmets are imported, and local manufacturers lack certification from the Bangladesh Standards and Testing Institution (BSTI). Strict implementation of laws, monitoring, and awareness among stakeholders was also discussed at the event. The BSTI director general stated that no substandard helmets could be found in Bangladesh since a gazette notification was issued in October 2022. The WB country director highlighted that standardized helmets can reduce head injuries by up to 44%. With a majority of helmets being imported, producing locally made helmets would offer a more affordable option for consumers.

Source for more details:

Related News

National Finance and Ace Autos Sign MoU for Auto Loan Packages

April 6, 2024

National Finance and Ace Autos recently signed an MoU at Ace Autos' Tejgaon showroom in Bangladesh. The memorandum aims to offer appealing auto loan packages for customers interested in Haval SUVs. As an authorised distributor of these vehicles, Ace Autos will collaborate with National Finance, a non-bank financial institution, to provide attractive financing options.

Honda Unveils New Honda Shine 100 Motorcycle

April 1, 2024

Honda unveils its latest offering, the New Honda Shine 100, promising top-tier performance, style, and efficiency in commuter motorcycle engineering. The model sets new standards with its durable design and ease of handling, catering to rural and semi-urban customers.

BD Leads South Asia in Carbon Component Production for Bicycles

March 31, 2024

Bangladesh's Alpha Carbon Technology Ltd pioneers the production of carbon fibre bicycle components, employing 365 workers and boasting a production capacity of 50,000 frames, 100,000 forks, and 240,000 seat posts annually. Each carbon fibre bicycle frame, priced at $200, has sparked demand in markets like Germany, Sweden, and the UK. This move aims to diversify Bangladesh's export basket amidst declining traditional bicycle sales.

National Finance Inks MoU With Tijarah Motors

March 24, 2024

National Finance recently forged a Memorandum of Understanding (MoU) with Tijarah Motors, signaling a notable collaboration in the auto loan sector. The MoU enables customers of Tijarah Motors to access preferential rates and services provided by the non-bank financial institution (NBFI).

Govt Targets 30% Electric Transport by 2040

March 21, 2024

Bangladesh government aims to transition 30% of total transport to electric by offering incentives like tax holidays until 2040 on local EV manufacturing, with a current 89% import duty on EVs. The transport sector emits 15% of the country's carbon, necessitating EV promotion. Plans include setting up charging stations and reducing registration fees for EVs, aligning with the vision to become a high-income country by 2041.

Pragoti Industries Signs MoU to Assemble Kia Cerato Sedans

March 19, 2024

Pragoti Industries signed an MoU with STX Corporation, representing Kia Corporation, to assemble and sell Cerato sedans. The 1600cc vehicle, currently available reconditioned at Tk 38 lakh, will be supplied as brand new by December 2024. Initially, 200 units will be assembled annually.

Related News

National Finance and Ace Autos Sign MoU for Auto Loan Packages

April 6, 2024

National Finance and Ace Autos recently signed an MoU at Ace Autos' Tejgaon showroom in Bangladesh. The memorandum aims to offer appealing auto loan packages for customers interested in Haval SUVs. As an authorised distributor of these vehicles, Ace Autos will collaborate with National Finance, a non-bank financial institution, to provide attractive financing options.

Honda Unveils New Honda Shine 100 Motorcycle

April 1, 2024

Honda unveils its latest offering, the New Honda Shine 100, promising top-tier performance, style, and efficiency in commuter motorcycle engineering. The model sets new standards with its durable design and ease of handling, catering to rural and semi-urban customers.

BD Leads South Asia in Carbon Component Production for Bicycles

March 31, 2024

Bangladesh's Alpha Carbon Technology Ltd pioneers the production of carbon fibre bicycle components, employing 365 workers and boasting a production capacity of 50,000 frames, 100,000 forks, and 240,000 seat posts annually. Each carbon fibre bicycle frame, priced at $200, has sparked demand in markets like Germany, Sweden, and the UK. This move aims to diversify Bangladesh's export basket amidst declining traditional bicycle sales.

National Finance Inks MoU With Tijarah Motors

March 24, 2024

National Finance recently forged a Memorandum of Understanding (MoU) with Tijarah Motors, signaling a notable collaboration in the auto loan sector. The MoU enables customers of Tijarah Motors to access preferential rates and services provided by the non-bank financial institution (NBFI).

Govt Targets 30% Electric Transport by 2040

March 21, 2024

Bangladesh government aims to transition 30% of total transport to electric by offering incentives like tax holidays until 2040 on local EV manufacturing, with a current 89% import duty on EVs. The transport sector emits 15% of the country's carbon, necessitating EV promotion. Plans include setting up charging stations and reducing registration fees for EVs, aligning with the vision to become a high-income country by 2041.

Pragoti Industries Signs MoU to Assemble Kia Cerato Sedans

March 19, 2024

Pragoti Industries signed an MoU with STX Corporation, representing Kia Corporation, to assemble and sell Cerato sedans. The 1600cc vehicle, currently available reconditioned at Tk 38 lakh, will be supplied as brand new by December 2024. Initially, 200 units will be assembled annually.

BUSINESSMONITOR

Connect with


Dont Have Account? Please register Here