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Tags : investment


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Moody’s ‘moody’ rating downgrades Bangladesh

MOODY’S 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’s prospects for borrowing from the international capital market as well as its attractiveness for foreign investment...

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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.

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BIDA to develop FDI heatmap to attract foreign investments

The Bangladesh Investment Development Authority, the country’s 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...

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Issues that govt needs to shore up to attract FDI

THE decline of foreign direct investment to a decade’s low in the 2023–24 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...

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Bangladesh's FDI hits decade low in FY23–24

The foreign direct investment flow to the country in FY23–24 dropped to a decade low amid negative credit rating, dollar shortage, political uncertainty, inefficient bureaucracy and...

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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 3,000 crore loan, market operators said...

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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...

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Stocks rise

Dhaka stocks gained on Thursday as investors bought shares amid optimism about a market rebound after the recent corrections, market operators said...

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UK plans mega pension funds to unlock £80b investment

Britain plans to create mega pension funds, potentially boosting investment in the country by around £80 billion in a move mirroring schemes in Australia and Canada, finance minister Rachel Reeves announced...

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BB to provide ICB with Tk 3,000cr loan

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...

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Strengthening IPR to protect foreign investment urged

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.

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Govt to formulate national maritime port strategy

Shipping adviser Brigadier General (retired) M Sakhawat Hussain on Wednesday said that the government would formulate ‘National Maritime Port Strategy or NMPS’ for an effective and sustainable port management to attract more domestic and foreign investments...

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Yunus seeks robust KSA investment

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...

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US firms brace for more tariffs as election nears

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 — with fresh tariffs rolled out and promises of more...

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UK’s investment summit suffers bumpy build-up

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...

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AmCham for transparent legal framework to attract FDI

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...

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AmCham submits reform proposals to finance adviser

The American Chamber of Commerce in Bangladesh put forward a set of recommendations, including trade facilitation, public sector modernisation and enhancing digital payment infrastructure to attract foreign direct investment and improve the ease of doing business in the country...

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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.

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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...

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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...

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Swedish economy shrinks in Q2

The Swedish economy shrank in the second quarter as household spending and investment fell, official data showed Thursday...

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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...

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UCB Investment gets Euromoney recognition

UCB Investment Limited has been awarded Euromoney Awards for Excellence 2024 as the ‘Best Investment Bank in Bangladesh’ recently, said a press release...