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Tags : investment


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Britons urged to invest in Bangladesh

Chief adviser’s 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...

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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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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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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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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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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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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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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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