BCMA requests the removal of non-adjustable income tax
The leaders of the Bangladesh Cement Manufacturers Association (BCMA) have requested the waiver of an eight per cent non-adjustable advance income tax (AIT) imposed on imported...
Bangladesh
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Metrocem appoint new Chief Marketing Officer
Khandker Ataur Rahman Rifat has joined as group chief marketing officer (CMO) of Metrocem of Bangladesh. According to company updates, he has 25 years of experience in the ceme...
Premier Cement's two new plants ready for trial operation
Bangladesh-based Premier Cement is on track to complete its expansion plans by March 2020. The project was first announced in 2017 on the back of a forecast surge in demand for...
Bengal Cement signs agreement with Hyundai Development Co
Bangladeshi cement producer Bengal Cement Ltd signed an agreement with Hyundai Development Co to supply cement for the US$63m “Super-Specialised Hospital under BMSMMU” project ...
Cement export from Bangladesh continues to slide in 4MFY19-20
According to Bangladesh Export Promotion Bureau (EPB), Bangladesh's cement industry has earned an export revenue of US$3.18m between July and October 2019-20 compared to US$3.9...
Heidelberg Cement Bangladesh announces acquisition of ECBL & EPCL
Heidelberg Cement Bangladesh Ltd has informed the Dhaka Stock Exchange that the company's Board of Directors has approved the acquisition of 100 per cent of the shareholding of...
MI Cement announces formation of the three subsidiary companies
MI Cement Factory Ltd, manufacturer of cement in Bangladesh has informed that the Board of Directors of the company has approved formation of the three subsidiary companies ful...
UltraTech Cement looks to divest Bangladesh asset
India's UltraTech Cement has stated that its plan to divest non-core assets in China, the UAE and Europe, is progressing well. It has also announced that it is looking to exit ...
Crown Cement Group to supply road project
Bangladesh’s Crown Cement Group has signed an agreement with China Construction Seventh Engineering Division Corp Ltd, which will see the cement manufacturer supply cement to t...
Cement companies announce dividends in Bangladesh
Two companies, out of seven listed cement companies in the Dhaka Stock Exchange (DSE) of Bangladesh, have announced cash dividends, subject to approval in the scheduled annual ...