Investment
Bogura emerging as a hub for used automobiles
A major hub for the sale and repair of motor vehicles has gradually emerged in Bogura over the past two years, drawing an estimated investment of Tk 1,000 crore.
21 life insurers failing to comply with securities investment rule
Twenty-one life insurance companies in Bangladesh have failed to comply with the rule that makes it mandatory for them to invest 30 percent of their assets in government securities, the regulator has found.
#Women Empowerment / Risk, reward, and resilience: Sayma Rahman's rise in the investment landscape
The landscape of investment has traditionally been male-dominated, with women significantly underrepresented in the field. However, Sayma Rahman has carved a niche for herself, transcending the conventional barriers that often side-line women in this sector.
AI startup Hishab gets BDT 2cr investment from Startup Bangladesh
Hishab Technologies Limited, a startup focusing on telephony-driven conversational engines powered by generative AI has received an investment of BDT 2 crore from Startup Bangladesh Limited.
FICCI investment expo Nov 8-9
The Foreign Investors’ Chamber of Commerce and Industry (FICCI) is set to host a two-day investment exposition from November 8 at Radisson Blu Dhaka Water Garden marking its 60th anniversary. Prime Minister Sheikh Hasina is expected to inaugurate the event as the chief guest, announced the FICCI at a press briefing at Pan Pacific Sonargaon Dhaka today.
Bashundhara seeks to invest in Teletalk
Struggling state-run mobile operator Teletalk is evaluating a proposal from Bashundhara Group to become its strategic investor, in a move that can shake up the country’s mobile landscape.
BATBC to build Tk 151cr warehouse
British American Tobacco Bangladesh (BATBC) has decided to invest nearly Tk 151 crore to construct a warehouse and set up ancillary facilities in its Savar factory.
Investment management firm APS Partners begins operations in Bangladesh
The Japanese investment management firm APS Partners has begun operations in Bangladesh. The company will focus on technology, construction, engineering, infrastructure, garment, leather and textile, agriculture and food processing, blue economy, and electronics, according to a press release.
India's Hiranandani Group to build Tk 2,000-crore data centre in Bangladesh
The centre will be built on two hyper-scale data centre buildings, featuring 4,800 racks and 28.8MW IT power capacity.
Anti-people budget: Rizvi
BNP senior joint secretary general Rizvi Ahmed rejects the proposed national budget for the next fiscal terming it as anti-people.
Bangladesh to invest in Bhutan's hydropower sector
A trilateral cooperation among Bhutan, Bangladesh and India that will enable Bangladesh to invest in the Bhutanese power sector to re-import the electricity could soon be a reality.
Reforms for higher investment cannot be delayed
It should not be surprising that private sector investment's share in GDP is shrinking. Banks are drowning in excess cash to the point where call money rate collapsed to historic lows.
Govt doubles investment ceiling for foreigners seeking citizenship
Foreigners will have to invest a total of US$1 million in Bangladesh or transfer a total amount of $2 million from their country to Bangladesh to avail citizenship here.
Development works of 10 economic zones begin
Prime Minister Sheikh Hasina formally inaugurates the development activities of 10 economic zones began today, aiming to boost both foreign and domestic investment in the country.
Address impediments to investment
The quarterly economic review unveiled by the Metropolitan Chamber of Commerce and Industry on February 10 has called on the government...
A paradigm shift in Sheikh Hasina's development policy
The investors – both foreign and domestic – are scared to invest in expensive and long-life projects due to the increasing insecurity and disorder. The public order management, police patrol and intelligence need to go through a major overhaul.
Goal ambitious but achievable
Bangladesh's target to double its apparel exports by next five years is daunting but achievable if the country can fix infrastructure bottlenecks, boost productivity and attract investment. “The target is very simple, but a challenging one,” said Sharif As-Saber, a Bangladeshi professor at RMIT University, an Australia-based public university.
Investment plans on paper
First the good news: two of the largest Indian conglomerates have pledged to invest US$11.2 billion in Bangladesh in power, energy and infrastructure sectors.
Nurture ties with foreign investors
Bangladesh should nurture a long-term relationship with foreign investors in order to retain them which would ultimately benefit the economy, said a World Bank expert.