A MAJOR reason that holds back the Anti-Corruption Commission from functioning independently, as stakeholders think, is the appointment of the top three officials 鈥� the chair and two commissioners 鈥� often picked up from among retired bureaucrats, close to the ruling quarters, who mostly protect partisan interests. Bureaucrats in service are also appointed on deputation to the positions of the commission鈥檚...
Sri Lanka has opened an investigation into the local investments of India鈥檚 Adani Group in the wake of US bribery charges against its tycoon founder, government spokesman Nalinda Jayatissa said Tuesday...
In a significant initiative to enhance and simplify investor services, the Bangladesh Investment Development Authority on Monday signed separate agreements with Sylhet City Corporation, Rangpur City Corporation, Karnaphuli Gas Distribution Company Limited and Southeast Bank PLC...
Asset management companies on Monday proposed simplifying the investment process in the mutual fund sector, promoting mutual funds through investment education and taking several other initiatives...
MOODY鈥橲 Investors Service has recently downgraded the credit rating for Bangladesh from B1 to B2 and changed the outlook for the economy from stable to negative. Credit ratings by rating agencies affect a country鈥檚 prospects for borrowing from the international capital market as well as its attractiveness for foreign investment...
The Bangladesh Investment Development Authority on Sunday urged China-based manufacturers to consider investing in Bangladesh...
Dhaka stocks witnessed a heavy fall in the past week after rising for three consecutive weeks, as a section of investors sold shares to book some profits after the rise, market operators said...
The introduction of the special economic zone concept has brought little success in attracting the private sector investment in the country especially the foreign direct investment fallen to a decade low in the past financial year.
Jashore correspondent of Independent TV, Ziaul Haq, and his camera person, Sharif Khan, were come under attack while working on an investigative report connecting to corruption in the district on Wednesday...
The High Court on Monday directed the Criminal Investigation Department to investigate the allegations of question paper leaks in the 46th Bangladesh Civil Service preliminary examination and submit a report within 60 days...
The Bangladesh Investment Development Authority, the country鈥檚 apex investment promotion agency, is leading the formation of a foreign direct investment heatmap in collaboration with global and local stakeholders to strategically position Bangladesh as a premier FDI destination...
THE decline of foreign direct investment to a decade鈥檚 low in the 2023鈥�24 financial year raises concern and warrants the attention of authorities. The foreign direct investment declined by 8.80 per cent to $1.47 billion from $1.6 billion in the 2023 financial year, as the Bangladesh Bank says. The figure was $3.44 billion in the 2022 financial year. The FDI flow...
The foreign direct investment flow to the country in FY23鈥�24 dropped to a decade low amid negative credit rating, dollar shortage, political uncertainty, inefficient bureaucracy and...
Dhaka stocks gained slightly in the past week, as investors remained active on the buying side following media reports of the Investment Corporation of Bangladesh securing a sovereign guarantee for a Tk聽3,000 crore loan, market operators said...
Fisheries and livestock adviser Farida Akhter has sought Brazilian investment in Bangladesh for stronger economic ties between the South Asian and Latin American nations...
Dhaka stocks gained on Thursday as investors bought shares amid optimism about a market rebound after the recent corrections, market operators said...
Britain plans to create mega pension funds, potentially boosting investment in the country by around 拢80 billion in a move mirroring schemes in Australia and Canada, finance minister Rachel Reeves announced...
The finance division on Wednesday said that it had provided a sovereign guarantee on Tk 3000 crore loan from Bangladesh Bank to the Investment Corporation of Bangladesh to overcome its liquidity shortage...
Business people and the government officials at customs, industries and copyright wings agreed that enforcement of the rules to protect intellectual property rights is crucial to keep foreign investments continuing.
The government has lifted the highest investment limit of the wage earner bond for expatriate Bangladeshis to accelerate remittance flow.
Shipping adviser Brigadier General (retired) M Sakhawat Hussain on Wednesday said that the government would formulate 鈥楴ational Maritime Port Strategy or NMPS鈥� for an effective and sustainable port management to attract more domestic and foreign investments...
Dhaka stocks rebounded on Tuesday after plunging for four consecutive sessions, as a section of investors went for buying shares amid regulatory efforts to improve the market condition, market operators said...
Chief adviser Muhammad Yunus on Monday urged the Kingdom of Saudi Arabia to invest more in Bangladesh as he sought enhanced energy and economic cooperation to boost ties between the two friendly nations...
Welcoming more US investment in Bangladesh, chief adviser Professor Muhammad Yunus on Tuesday said his government had taken steps to attract foreign direct investment and improve the business climate in the country.
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...
Bangladesh interim government鈥檚 chief adviser Professor Muhammad Yunus on Monday sought more Turkish investment in Bangladesh.
From holding back investments to considering moving abroad, businesses in the United States are bracing for more economic turbulence as the presidential campaign kicks into high gear 鈥� with fresh tariffs rolled out and promises of more...
The UK government hosts international business leaders on Monday to try and secure much-needed investment for Britain but the build-up has been chaotic with a major firm reportedly threatening to shelve a project...
Dhaka stocks lost ground for the third consecutive week in the past week, as a section of investors continued selling shares to prevent further erosion in their portfolios and remained watchful on the market, market operators said...
The American Chamber of Commerce in Bangladesh on Wednesday urged the government to establish a transparent and predictable legal and regulatory framework to attract potential foreign direct investment...