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Air conditioner is the top-selling home appliance in Bangladesh this Eid-ul-Fitr as consumers look to beat rising temperatures.

AC sales triple as temperature soars The sales of air conditioners have tripled year-on-year in April and May as people rushed to retailers to get rid of the scorching summer. Local assembly and manufacturing have also made ACs affordable for the bulging middle class as the price came down. April, May and June are the peak season for the outlets retailing ACs as the temperature rises from March. Nearly 90 per cent of the ACs are sold during the quarter. In recent weeks, the temperature has hovered around 39 degree Celsius, and it went past 42 on April 24 in Jessore. The annual demand for ACs ...

Daikin launches ACs in partnership with Transcom Electronics Star Business Report Star Business Report Japanese air-conditioner maker Daikin has rolled out a host of inverter and non-inverter split air-conditioning units in Bangladesh in partnership with Transcom Electronics Ltd. The global leader in air-conditioning, Daikin launched nine models, targeted for each consumer segment, as it looks to grow and serve the room air-conditioner business. All nine models are locally assembled, according to a press release.  "As responsible Japanese AC lead...

Local production cools down AC prices Prices of air conditioners have seen a drastic fall in recent years due to increased local production and assembly. Photo: Star Air conditioners (ACs) were once thought of as luxury items that are only enjoyed by the elite, but their prices have seen a drastic fall in the recent years thanks to increased local production and assembly. Jhimi Chakma, a lecturer of the philosophy department at Dighinala Degree College in Khagrachhari, has been using a locally made 1.5-tonne inverter AC for the past one year without any disruption. According to him, it would...