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Businesses of almost all segments of the economy have been passing tough times since last July, when the Russia-Ukraine war started to have an impact in a multitude of ways.
Internationally renowned jeweller Malabar Gold and Diamond Company will begin exporting products worth $25 million from Bangladesh per year as the brand is setting up a factory in Madanpur, Narayanganj. The factory will open a new manufacturing unit by October this year and start exports from early next year, a senior official of the project said. The manufacturing facility,
Stone laying ceremony of the brand’s 1st manufacturing unit in Bangladesh was held in Modonpur.
• Estimated output of 6,000 kg of gold jewellery per year.
• Will produce a wide range of gold ornaments with high quality