Label Makers, a Bangladeshi company, is going to establish a garment accessories plant in Dhaka Export Processing Zone with an investment of $1.14 million.

Private investment in Bangladesh fell to its lowest level in 14 years in the last fiscal year owing to the lingering uncertainty caused by the coronavirus pandemic and continuing structural weaknesses.

Steelmakers must take urgent action to produce less carbon in order to meet the Paris Agreement on climate change, investors with $ 55 trillion in assets said Wednesday.

A weeklong roadshow styled “The rise of Bengal tiger: potential of trade and investment in Bangladesh” was organised in the USA in a bid to promote Bangladesh’s economy and the capital market.

Britain’s SSE on Monday agreed to sell its entire 33.3 per cent stake in Scotia Gas Networks (SGN) for 1.225 billion pounds ($1.70 billion) as the power producer sharpens its focus on renewables and low-carbon electricity.

Bangladesh has sought US investments in oil and gas exploration, particularly at offshore sites.

British American Tobacco Bangladesh (BATB) has made its second investment announcement in a span of six months, saying it was aimed at expanding for meeting growing demand from abroad.

Shikho, a startup aiming to make education accessible and affordable in Bangladesh, yesterday announced raising $1.3 million in seed money, making it the largest round of financing by a local edtech startup yet.

Nagad, which acts as the main agent for mobile financial services (MFS) of Bangladesh Postal Office (BPO), plans to raise Tk 500 crore through a zero-coupon bond to pay its loans, develop networks and buy IT equipment for business expansion.

Textile manufacturer ZXY International has recently announced a new partnership agreement with textile innovator HeiQ enabling trading with brands and mills and connect as per requirements with innovative technologies. 

Singapore sovereign wealth fund GIC will invest $240 million in Arctic Green Energy to support the renewable energy firm’s expansion in Asia and Europe, the companies said on Monday.

Chinese company Vanessa Enterprise has signed a $41.77 million deal with Bangladesh Export Processing Zones Authority (Bepza) to produce accessories for ladies’ intimate garments in the Ishwardi export processing zone (EPZ) in Pabna.

After failing to get a desired government job, Jakaria Lenin, an English literature graduate in Tangail, set up a cattle farm about 11 months ago.

Alphabet Inc’s Google is ramping up cloud infrastructure in India with a second cluster of data centres in and around capital New Delhi to meet increasing customer demands in a key growth market, senior company executives said. 

Finland’s Nokia said on Tuesday it planned to raise its full-year outlook as business picked up pace in the second quarter, sending the telecom equipment maker’s shares up more than 6 per cent.

Two Chinese companies have expressed interest in forming a joint venture to construct, operate and manage funds for a proposed high-speed railway on the Dhaka-Chattogram route.

The government is going to upgrade the 209km Dhaka-Sylhet highway into six lanes, including service lanes on both the sides, under a Tk 16,918.59 crore project.

Family members of IT expert Tanveer Hassan Zoha have been passing their days in uncertainty since he went missing in the early hours

Appreciating the political stability and investment-friendly atmosphere in Bangladesh, a group of British Bangladeshi entrepreneurs has

President Abdul Hamid yesterday sought more Korean investment in Bangladesh as lucrative incentives are on offer here for foreign investors.