EIB to support Bangladesh鈥檚 vital reforms
Nicola Beer, vice-president of the European Investment Bank, has assured Bangladesh鈥檚 interim government of its support in carrying out vital reforms it had undertaken...
Tags : investment
EIB to help carry out Bangladesh鈥檚 vital reforms
Nicola Beer, vice-president of the European Investment Bank, has assured the Bangladesh鈥檚 interim government of its support in carrying out vital reforms it had undertaken...
Invigorating FDI for economic sustainability
FOREIGN direction investment states to direct investment of equity flows in the reporting economy. It is the sum of equity capital, the reinvestment of earnings and other capital. Direct investment is a category of cross-border investment associated with a resident of one economy having control or significant degree of influence on the management...
BEZA eyes $5.5 billion investment by 2026
The Bangladesh Economic Zones Authority expected that five economic zones would draw investment worth $5.5 billion by 2026...
Bangladesh鈥檚 current situation stable for investment: EIB VP
The visiting European Investment Bank, vice-president Nicola Beer, on Tuesday said that her bank was backing Bangladesh interim government and the country鈥檚 current state was suitable for European investment.
Britons urged to invest in Bangladesh
Chief adviser鈥檚 special envoy Lutfey Siddiqi on Saturday invited British businessmen and businesswomen, including people of Bangladeshi origin, to invest in Bangladesh, saying the Interim government has undertaken sweeping reforms to attract foreign direct investment...
IFIPLC holds 355th board meeting
Islamic Finance and Investment PLC held its 355th board meeting at its head office on Sunday, said a press release.
Chinese cos keen to invest in renewable energy
A high-level business delegation from China visited the Bangladesh Investment Development Authority and the Bangladesh Economic Zones Authority to explore investment opportunities in Bangladesh鈥檚 growing renewable energy sector.
Investment in housing sector stalled: REHAB
Investment in Bangladesh鈥檚 housing sector is struggling due to high registration costs, rising interest rates, and a problematic Detailed Area Plan, said the Real Estate and Housing Association of Bangladesh on Thursday...
Bashir urges Swedish firms to invest in SEZs
Adviser to the interim government on the Ministry of Commerce Sk Bashir Uddin on Wednesday urged the Swedish entrepreneurs to come up with more investment in Bangladesh...
ICB gets Tk聽3,000cr loan to stabilise capital market
The Investment Corporation of Bangladesh has received a loan of Tk聽3,000 crore from the Bangladesh Bank to help stabilise the capital market...
US Trade Representative, BGMEA discuss RMG issues
US Trade Representative Brendan Lynch and Trade Policy Analyst for South and Central Asia Emily Ashby met with the leadership of the Bangladesh Garment Manufacturers and Exporters Association at a hotel in Dhaka on Tuesday...
Inflation, investment stagnation remain as concerns: Mintoo
Former Federation of Bangladesh Chamber of Commerce and Industry president Abdul Awal Mintoo on Monday cautioned that high inflation was likely to persist, and investments in Bangladesh could stagnate in the coming years...
Investment promotion ecosystem struggles
The fragmented structure of investment promotion ecosystem in Bangladesh and poor coordination among investment promotion agencies, regulatory bodies and service providers, outdated laws, weak...
President seeks more Malaysian investment in Bangladesh
President Mohammed Shahabuddin has urged Malaysian investors to come up with more invests in various sectors, including Special Economic Zones, in Bangladesh...
Bangladesh鈥檚 outward FDI $81m in FY24, 39pc went to India: BB
India received about 39 per cent of the total outward foreign direct investments by Bangladeshi firms in the 2023-24 financial year...
BB okays Tk 3,000cr loan at 4pc interest for ICB
The Investment Corporation of Bangladesh has received approval from the Bangladesh Bank for a Tk 3,000 crore-loan at a reduced interest rate of 4 per cent, down from the initial 10 per cent...
Experts urge for legal framework to boost tech-driven investments
Experts on Monday called for enabling legal framework and enforcement practices in relation to data protection and intellectual property rights to foster technology-driven investments...
KEPZ decides to fast-track land registration
The governing body of the Korean Export Processing Zone, headed by the chief adviser, decided on Monday to fast-track its land registration and ease its bond licensing procedure to turn the key industrial park into a foreign direct investment hub...
Yunus urges Sweden to invest more in Bangladesh
Chief adviser Muhammad Yunus on Monday invited more Swedish investment, saying that the interim government was carrying out vital reforms to ensure ease in doing business in Bangladesh...
BIDA signs deals with 4 orgs, adds 7 services
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...
AMCs for easier process of investment in mutual funds
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鈥檚 鈥榤oody鈥� rating downgrades Bangladesh
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...
BIDA urges China businesses to invest in Bangladesh
The Bangladesh Investment Development Authority on Sunday urged China-based manufacturers to consider investing in Bangladesh...
SEZs fail to woo private investment
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.
BIDA to develop FDI heatmap to attract foreign investments
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...
Issues that govt needs to shore up to attract FDI
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...
Bangladesh's FDI hits decade low in FY23鈥�24
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...
Stocks gain for 3rd week
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...
Dhaka seeks Brazilian investment
Fisheries and livestock adviser Farida Akhter has sought Brazilian investment in Bangladesh for stronger economic ties between the South Asian and Latin American nations...