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Tags : invest


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South Korea investigators vow to execute Yoon arrest warrant

South Korean investigators said Wednesday they would execute an arrest warrant for Yoon Suk Yeol over his declaration of martial law by the deadline of January 6, as the impeached leader’s supporters rallied outside his residence...

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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.

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BATB to invest Tk 28.38cr to boost production

British American Tobacco Bangladesh has announced plans to invest Tk 28.38 crore to boost its production capacity, according to a disclosure made on the Dhaka Stock Exchange website on Thursday.

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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’s growing renewable energy sector.

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Aug 21 Grenade Attack: HC for fresh probe

The High Court has called for a fresh, independent investigation into the August 21, 2004 grenade attack on an Awami League rally in the capital that killed 24 people and injured hundreds...

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Investment in housing sector stalled: REHAB

Investment in Bangladesh’s 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...

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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...

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Foreigners more interested to invest in shipping: adviser

Shipping, and labour and employment adviser Brigadier General (retired) M Sakhawat Hussain on Sunday said that foreigners had been showing more interest to invest in the country’s shipping, maritime and port infrastructure development sectors...

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Dhaka stocks lose steam in past week

Dhaka stocks witnessed a big drop in its indices in the past week, after increasing slightly in the previous week, as a section of panic-driven investors sold shares to protect their funds, market operators said...

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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...

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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...

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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...

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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...

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HC seeks update on BDR carnage probe body

The High Court on Monday directed the government to submit a report on December 15 on the formation of a National Independent Investigation Committee to thoroughly investigate the February 25–26, 2009, massacre at the then Bangladesh Rifles headquarters...

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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...

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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...

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Selection that search committee makes should be transparent

A MAJOR reason that holds back the Anti-Corruption Commission from functioning independently, as stakeholders think, is the appointment of the top three officials — the chair and two commissioners — 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’s...

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Sri Lanka probes Adani projects after US charges

Sri Lanka has opened an investigation into the local investments of India’s Adani Group in the wake of US bribery charges against its tycoon founder, government spokesman Nalinda Jayatissa said Tuesday...

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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...

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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...

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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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Stocks lose steam

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...

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