UCB Investment gets Euromoney, FinanceAsia recognition
UCB Investment Limited has been recognised as the 鈥楤est Investment Bank in Bangladesh鈥� by Euromoney Awards for Excellence 2024 and the FinanceAsia Award 2024, said a press release...
Tags : Investment
Ashik made BIDA executive chairman
Ashik Chowdhury has been appointed as the new executive chairman of the Bangladesh Investment Development Authority for a two-year term, with the status of a senior secretary.
Europe needs 鈥榰nprecedented鈥� investment surge: report
Europe must massively ramp up investment including through joint borrowing as part of a 鈥榥ew industrial strategy鈥� to keep pace with the United States and avoid dependence on China, a keenly awaited report warned Monday...
Quasem elected IFIL chair
Abul Quasem Haider has been elected as the chairman of Islamic Finance and Investment Limited at the 350th meeting of the board of directors of IFIL held on September 5, according to a press release...
Abu Ahmed joins ICB as chairman
Abu Ahmed has joined as director and chairman of board of directors of Investment Corporation of Bangladesh on Sunday, said a press release...
Swedish economy shrinks in Q2
The Swedish聽economy聽shrank in the second quarter as household spending and investment fell, official data showed Thursday...
White Paper to be made in 90 days
The interim government has decided to prepare a white paper focusing on public finance, inflation, external balance, energy and power, private investment and employment in the country...
UCB Investment gets Euromoney recognition
UCB Investment Limited has been awarded Euromoney Awards for Excellence 2024 as the 鈥楤est Investment Bank in Bangladesh鈥� recently, said a press release...
BIDA gets investment proposals from 254 cos in Apr-June
Some 254 industries were registered with the Bangladesh Investment Development Authority during the April-June period of 2024 with an overall investment proposals of Tk 7,73,641.18 million aiming to create some 47,105 employment opportunities...
Businesses demand low-cost loans, deferred payments
The country鈥檚 business leaders on Sunday demanded low-cost bank loans, rescheduling facilities, deferred payment of loan instalments and waiver of port demurrage due to the suspension of business activities caused by the nationwide shutdown, curfew, general holidays and internet outage centring the quota reform movement...
Most people just one medical bill away from poverty
A HIGH out-of-pocket expenditure, poor access to quality health care, rampant corruption, poorly regulated growth of private healthcare system and low government investment in the health sector have eroded people鈥檚 access to health care. The out-of-pocket expenditure has also pushed a large number of households below the poverty line...
New pension fund rules issued after one year
The government outlined seven areas for pension fund investment in rules, issued on Sunday, nearly a year after the scheme鈥檚 introduction, which had already sparked protests...
JPMorgan Chase profits jump despite higher costs for bad loans
JPMorgan Chase reported higher second-quarter profits Friday thanks to better results in investment banking and a gain on Visa shares, although earnings were dampened by...
Pvt investors want speedy implementation, bureaucrats for FDI
Private investors in a seminar on Tuesday demanded speedy implementation of the National Logistic Policy-2024 while senior government officials suggested that the businesses should bring foreign direct investment to supply chain management...
Tax regime reform, long-term policies needed to drive growth
Business leaders on Monday said that structural changes in the revenue sector and predictable long-term policies were imperative to ensure both local and foreign investments as well as to drive economic growth for addressing the ongoing economic challenges in the country...
Instability in tax policies deter FDI: FICCI
Instability in government policies and taxes discourages foreign investment in Bangladesh, according to the Foreign Investors Chamber of Commerce and Industry...
Ruknuzzaman becomes Bay Leasing MD
Mohammad Ruknuzzaman has been appointed as managing director of Bay Leasing and Investment Limited, said a press release...
Foreign investment in stocks halves
Foreign investment in the Bangladesh鈥檚 capital market has nearly halved in the past two years, with investment in equity securities decreasing by 43.7 per cent from 2021 to 2023, according to Bangladesh Bank data...
President seeks investment from Finland, Guatemala, Ireland
President Mohammed Shahabuddin on Tuesday urged the ambassadors of Finland, Guatemala and Ireland to encourage their聽businesspeople to聽invest in Bangladesh....
Saudi fund launches new group to boost space industry
Saudi Arabia鈥檚 Public Investment Fund on Monday launched the Neo Space Group to work on the kingdom鈥檚 nascent satellite and space industry, its first investment in the sector...
China invests $47b in largest ever chip fund
China has poured more than $47 billion into the country鈥檚 largest-ever chip investment fund, a business database showed on Monday, as Beijing seeks self-sufficiency in the crucial semiconductor manufacturing sector...
FBCCI urges for investment in industrialisation
Federation of Bangladesh Chambers of Commerce and Industries president Mahbubul Alam has called on the government, private companies and industry owners to channel investments into industrialisation efforts...
Sourcing foreign currencies
THE much-talked-about draft Offshore Banking Act 2024 was placed in parliament and finally promulgated by the government on March 14, 2024. This act aims to boost our foreign currency reserves and attract more foreign investments from foreign firms registered abroad...
BIDA holds workshop to enhance business landscape
Bangladesh Investment Development Authority has recently hosted a three-day workshop on the 5 pillars related to the 鈥楳unicipality Competitiveness Index鈥� to address key reform agendas under the Bangladesh Investment Climate Improvement programme...
UK offers $50m loan for SME, women businesses
British International Investment, the UK鈥檚 development finance institution and impact investor, has announced a loan commitment of $50 million to BRAC Bank, a leading SME bank in Bangladesh, to support small businesses and women entrepreneurs...
FDIPP allocates Tk聽364cr in loans to 19 borrowers
The Foreign Direct Investment Promotion Project has disbursed Tk聽364.90 crore in the form of 35 loans to 19 borrowers...
Singapore shows interest in investing
A high-level delegation from Singapore during a meeting with Bangladesh Investment Development Authority showed keen interest in investing in Bangladesh...
Switzerland interested to invest in innovation sector
Bangladesh and Switzerland have agreed to further enhance bilateral trade and Swiss direct investment in Bangladesh...
Bangladesh receives investment proposals worth Tk 33,806cr in Jan-Mar
The country received investment proposals worth Tk 33,806.29 crore from some 302 industrial units during January-March, 2024...
Microsoft CEO pledges $1.7b AI, cloud investment in Indonesia
Microsoft鈥檚 chief executive officer pledged a $1.7 billion investment in artificial intelligence and cloud computing to help develop Indonesia鈥檚 AI infrastructure after a meeting with the archipelago鈥檚 president on Tuesday...