S Korean Kido Group to invest $31.17m in Adamjee EPZ

South Korean company Kido Dhaka Co Ltd is going to establish a high-end garments and sportswear manufacturing industry in Adamjee Export Processing Zone with an investment of $31.17 million.
8 November 2021, 11:29 AM

Deshbandhu invests Tk 800cr to expand in export markets

Deshbandhu Group invested around Tk 800 crore in the last one year despite the business uncertainty caused by the coronavirus pandemic as it looks to expand its footprint in the overseas markets.
6 November 2021, 18:00 PM

'Malaysia keen to invest in Bangladesh's palm oil industry'

Malaysia has expressed interest to invest in palm oil-centric industries in Bangladesh to diversify exports.
4 November 2021, 13:54 PM

‘Expat Bangladeshis can invest in economic zones’

Prime Minister Sheikh Hasina has urged expatriate Bangladeshis all over the world to invest more in Bangladesh.
2 November 2021, 06:38 AM

‘Bangladesh must remove obstacles to connectivity’

Bangladesh must remove the impediments in connectivity with other regions in order to successfully join the global supply chain and manufacturing network, speakers said today.
28 October 2021, 12:51 PM

Guaranteed income stream with little risks

Financially solvent people want to invest so that their funds don’t remain idle as they long for a good return on their investment. For this, they always seek a secure instrument.
21 October 2021, 18:00 PM

Toyota to invest $3.4b on US automotive batteries

Toyota Motor Corp’s North American unit said Monday it will invest about $3.4 billion (380 billion yen) on US automotive battery development and production in the United States through 2030.
18 October 2021, 18:00 PM

Italian fashion brand Benetton wants to increase apparel sourcing from Bangladesh

Italian fashion brand United Colors of Benetton has expressed its willingness to increase its apparel sourcing from Bangladesh.
14 October 2021, 14:20 PM

PPP authority, 15 financial institutions team up to finance PPP projects

The Public Private Partnership Authority today signed a Memorandum of Understanding (MoU) with 15 interested banks and non-banking financial institutions to facilitate financing at public-private partnership projects.
14 October 2021, 07:14 AM

Bangladesh will welcome Russia’s investment: PM

Prime Minister Sheikh Hasina yesterday laid emphasis on expanding fields of cooperation with Moscow, saying Bangladesh will welcome Russia’s investment in its jute industry.
13 October 2021, 18:00 PM

Govt builds technology centre for light engineering, plastics manufacturing

The government is building a technology centre at Bangabandhu High-Tech City in Gazipur especially for the light engineering and plastics manufacturing sectors.
12 October 2021, 12:46 PM

‘Bangladesh’s automotive industry an emerging investment destination for Japan’

The automotive industry in Bangladesh could be an emerging investment destination for Japanese entrepreneurs, Dhaka Chamber of Commerce and Industry (DCCI) President Rizwan Rahman said today.
10 October 2021, 12:38 PM

Google to invest $1b to lift Africa internet access

Google on Wednesday said it will invest $1 billion over the next five years to allow for faster and more affordable internet access and support entrepreneurship in Africa.
6 October 2021, 18:00 PM

Euro zone investor morale slumps to 6-month low

Investor morale in the euro zone fell for the third month in a row in October and hit its lowest level since April on dimming economic expectations, a survey showed on Monday.
4 October 2021, 18:00 PM

Raise funds in a way that fits the bill

A company’s way of raising funds should be determined by analysing its financial statements so that its sustainability does not face any threat, said Tanzim Alamgir, managing director of UCB Investments, a merchant bank.
4 October 2021, 18:00 PM

9 firms to invest $55m in hi-tech parks

Nine foreign and domestic firms are going to invest $55 million in Bangladesh’s hi-tech parks to set up manufacturing units for a number of products, including semiconductors, digital devices, and medical equipment.
30 September 2021, 18:00 PM

NRBs investment in capital market easier, says BSEC commissioner 

Non-resident Bangladeshis (NRBs) can invest easily in the capital market as the government allows free inflow and outflow of funds of diaspora community, said a top official of Bangladesh Securities and Exchange Commission (BSEC) today.
29 September 2021, 14:57 PM

Chinese FDI in Bangladesh sees huge jump

Foreign direct investment (FDI) from China to Bangladesh has jumped by about 200 per cent year-on-year to $418 million in the past seven months, according to Chinese ambassador Li Jiming.
28 September 2021, 18:00 PM

No more investment in coal-based power plants in Bangladesh: Chinese envoy

China will not invest in coal-based power plants in Bangladesh anymore, Chinese Ambassador Li Jiming said today.
28 September 2021, 09:24 AM

PM calls upon Bangladeshi expatriates in USA for investment

Prime Minister Sheikh Hasina, while speaking at a press conference after a civic reception in New York, urged Bangladeshi expatriates in the USA to take her government’s attractive offers and invest in their motherland.
25 September 2021, 06:56 AM