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Tags : investment


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China invests $47b in largest ever chip fund

China has poured more than $47 billion into the country’s largest-ever chip investment fund, a business database showed on Monday, as Beijing seeks self-sufficiency in the crucial semiconductor manufacturing sector...

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FBCCI urges for investment in industrialisation

Federation of Bangladesh Chambers of Commerce and Industries president Mahbubul Alam has called on the government, private companies and industry owners to channel investments into industrialisation efforts...

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Sourcing foreign currencies

THE much-talked-about draft Offshore Banking Act 2024 was placed in parliament and finally promulgated by the government on March 14, 2024. This act aims to boost our foreign currency reserves and attract more foreign investments from foreign firms registered abroad...

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BIDA holds workshop to enhance business landscape

Bangladesh Investment Development Authority has recently hosted a three-day workshop on the 5 pillars related to the ‘Municipality Competitiveness Index’ to address key reform agendas under the Bangladesh Investment Climate Improvement programme...

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UK offers $50m loan for SME, women businesses

British International Investment, the UK’s development finance institution and impact investor, has announced a loan commitment of $50 million to BRAC Bank, a leading SME bank in Bangladesh, to support small businesses and women entrepreneurs...

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Singapore shows interest in investing

A high-level delegation from Singapore during a meeting with Bangladesh Investment Development Authority showed keen interest in investing in Bangladesh...

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Microsoft CEO pledges $1.7b AI, cloud investment in Indonesia

Microsoft’s chief executive officer pledged a $1.7 billion investment in artificial intelligence and cloud computing to help develop Indonesia’s AI infrastructure after a meeting with the archipelago’s president on Tuesday...

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Arafat urges Mauritius to invest in SEZ

State minister for information and broadcasting Mohammad Ali Arafat, now on a visit to Mauritius, on Wednesday urged the Indian Ocean country to invest in the special economic zone in Bangladesh.....

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Qatar emir arrives today

Dhaka is set to sign at least 11 deals with Doha on issues relating to investment promotion, cooperation in legal matters, establishment of joint business council, manpower and transfer of sentenced prisoners as Qatar emir Sheikh Tamim bin Hamad Al Thani...

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Bangladesh facing challenges in attracting FDI: ICCB

International Chamber of Commerce, Bangladesh on Monday said that Bangladesh was struggling with attracting foreign direct investment to the country as, despite being the second largest economy in South Asia, the country...

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