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The market for corrugated iron (CI) sheets is expanding in Bangladesh thanks to the availability of more durable and coloured versions of the product, according to industry insiders.
Bangladesh Economic Zones Authority (Beza) Executive Chairman Shaikh Yusuf Harun said on Wednesday that the allocation of lands in special economic zones would be cancelled if entrepreneurs fail to set up factories in time. "At first, we will give them notice. After that, their land allotment will be cancelled.
Chattogram rawhide traders want bank loans on easy terms to recover loses after the area’s 50 percent of tanneries have been closed due to the absence of a competitive market in the port city.
Global commodity prices are falling.
Although soybean oil prices have dropped in the international market, consumers in Bangladesh are yet to reap the benefit of this reduction as domestic prices remain the same.