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USD shortage, inflation slowing automobile sales

Bangladesh’s economy has been facing tough times of late as sustained high inflation, hike in interest rates and massive devaluation of the local currency continue to plague the country. In this series, we take a look back at how various industries fared amid the crisis in fiscal year 2022-23. Here is the second part on the automobile industry. ....

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On the road to diversification

On the road to diversification
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Automobile industry Tk 2,500cr investment

Fresh investment of around Tk 2,500 crore has been made in the automobile industry in the past two and half years since the formulation of the Automobile Industry Development Policy 2021, according to industry insiders. ....

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Automobile policy attracts fresh investment

Fresh investment of around Tk 2,500 crore has been made in the automobile industry in the past two and half years since the formulation of the Automobile Industry Development Policy 2021, according to industry insiders. ....

South Korea , South Korean , Shilpa Nagar , Hafizur Rahman Khan , Abdul Matlub Ahmad , Mir Masud Kabir , Nitol Niloy Group , Bangladesh Lithium Battery Ltd , Brunner Group , Fair Group , Bangladesh Auto Industries Ltd Bail , Automobile Industry Development , Automobile Industry Development Policy , Bangladesh Auto Industries Ltd , Electric Vehicle , Creta Grand , Matlub Ahmad , Bangabandhu Sheikh Mujib Shilpa Nagar , Managing Director Mir Masud Kabir ,

Bangladesh ramps up lithium battery production in bid to cut emissions

Electrification of Bangladesh's transportation sector will help lower its greenhouse gas emissions, but there are teething issues amidst this transition. ....

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