BANGLADESH stands on the cusp of becoming a regional manufacturing powerhouse by 2035. To materialise this goal, the government plans to merge its various investment bodies into a unified one-stop entity , the investment promotion agency, to simplify processes and attract foreign investors. This vision is bold, but it contains a critical oversight: the possible...
The Bangladesh Bank has widened the scope for local subsidiaries of foreign companies to remit service payments abroad, even if their foreign shareholding is below 50 per cent...
Foreign Investors鈥� Chamber of Commerce and Industry president Zaved Akhtar on Wednesday opined that the proposed national budget for the 2025-26 financial year聽will not increase confidence level for enhancing foreign direct investment...
The Foreign Investors Chamber of Commerce and Industry (FICCI) said that despite having some positive aspects, there are also some concerns regarding several provisions that could potentially impede business growth and increase the burden on compliant taxpayers...
NBR chairman Abdur Rahman Khan said the reform ordinance to separate the National Board of Revenue will be issued soon as the advisory council has approved it...
WHILE the government of Bangladesh was busy hosting the Investment Summit, the country witnessed the unfortunate incidents of vandalism at several outlets of Bata, KFC, and Domino鈥檚 Pizza under the pretext of the 鈥楶rotest for Palestine鈥� on April 7, 2025. Although the government acted quickly to arrest the suspects involved in these events, its failure to...
Business stakeholders of the United Arab Emirates said that Bangladesh should focus on its large pool of young people and make them skilled enough so that foreign investors could feel confident about investing in Bangladesh and utilising this young demographic dividend...
The Kingdom of Saudi Arabia on Monday said foreigners are from now on allowed to invest in Saudi-listed companies that own property in Mecca and Medina, Islam鈥檚 two holiest cities...
The Foreign Investors鈥� Chambers of Commerce and Industry has expressed deep concern over the recent decision to increase VAT and supplementary duty on a range of products without prior consultation with key stakeholders...
Prime minister Keir Starmer on Monday told global business leaders it was 鈥榯ime to back Britain鈥�, as he hosted a major summit aimed at securing much-needed funds to fuel economic growth after post-Brexit chaos...
Turnover by the foreign investors on the Dhaka Stock Exchange saw a sharp increase following the changes in the country鈥檚 political landscape since August 5.
The Foreign Investors鈥� Chamber of Commerce and Industry has recommended a list of measures to recover from economic losses amid unrests centring the quota reform protests...
Instability in government policies and taxes discourages foreign investment in Bangladesh, according to the Foreign Investors Chamber of Commerce and Industry...
The Foreign Investors Chamber of Commerce and Industry has expressed concerns over lack of allocation or specific directions for the automation of tax, value-added tax and customs administration in the proposed budget for the 2024-25 financial year...
