Overcapacity In Bangladesh Cement Industry: Competition in the cement industry of Bangladesh could become even narrower as smaller producers are at risk of going out of business due to overcapacity in production and increasingly higher input costs.
Competition in the cement industry of Bangladesh could become even narrower as smaller producers are at risk of going out of business due to overcapacity in production and increasingly higher input costs.
After displaying exceptionally bright business performance in the first three months of 2023, HeidelbergCement Bangladesh experienced a decline in profit during the following two quarters. However, the multinational company failed to sustain its growth trajectory and plunged into losses again in the October-December quarter. The cement manufacturer faced challenges due to a
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Bangladesh’s economy has been facing tough times of late as sustained high inflation, hike in interest rates and massive devaluation of the local currency continue to plague the country. In this series, we take a look back at how various industries fared amid the crisis in fiscal year 2022-23. Here, in the third instalment of the series, we take a look at how building material