Lafargeholcim Bangladesh reports 46% net profit surge
LafargeHolcim Bangladesh has announced a 46 per cent YoY increase in net profit for the second quarter of 2019, according to a recent statement. The company also saw a 15.4 per...
Bangladesh
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Bangladesh earns US$10.41m on export of cement in FY19
Bangladesh's cement industry has recorded a fall of 17.3 per cent in export revenue to US$10.41m between July 2018 and June 2019, compared to US$12.59m of the corresponding per...
Mega projects are pushing Bangladesh's cement demand up
Optimism among Bangladesh cement companies for market growth is strong with government mega construction projects increasing demand. "Besides the big projects, developments in...
Increase in gas price impacts cement cost in Bangladesh
Bangladesh's government has increased gas prices for the industrial sector including the cement industry, effective from 1 July 2019. The new price hike came in response to the...
Vessel released to off-load clinker in Bangladesh
The Egyptian flag cargo vessel "Wadi Feran" laden with 50,141t of imported clinker, which was arrested at the outer anchorage of Chittagong in Bangladesh on 26 May, as per orde...
Bangladesh budget sets higher GDP for FY20
AHM Mustafa Kamal, Bangladesh Finance Minister, in his budget speech in Parliament on 13 June proposed that country's GDP grew consistently at a very high rate in the last dec...
Bangladesh cement producers look for relief in coming budget
The Bangladesh Association of Construction Industry and Bangladesh Cement Manufacturers Association have submitted their demands for the incorporation in the coming July 2019-J...
Bulk carrier detained outside Chittagong port
According to Chittagong Port Authority (CPA), the Egyptian bulk carrier "Wadi Feran" was arrested by orders of the local High Court on 23 May in a litigation case at the outer ...
Bangladesh records a 20% fall in export revenue
Bangladesh's cement industry has recorded a 20.4 per cent decline in export revenue to US$8.82m during the 10MFY18-19, compared to US$11.08m of the corresponding period of the ...
Bangladesh Cement Manufacturers Association appoints new president
Bangladesh Cement Manufacturers Association (BCMA) has elected Muhammad Alamgir Kabir, managing director of Crown Cement as its new president for the next two years, according ...