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.

China will not invest in coal-based power plants in Bangladesh anymore, Chinese Ambassador Li Jiming said today.

Dairy farmers yesterday urged the government to stop the export of soybean meal in order to ensure an adequate supply of animal feed for the domestic market.

Jewel Mia, a temporary employee of Motel Sylhet, has been working for the Bangladesh Parjatan Corporation for the last four years.

State Minister for Civil Aviation and Tourism Md Mahbub Ali today said his ministry has requested the home ministry to introduce on-arrival visas to attract tourists during the post-Coronavirus period.

Nepal has restarted visas on arrival for vaccinated tourists as South Asian nations attempt to revive tourism businesses devastated after 18 months of the pandemic.

Garment makers have urged transportation service providers to refrain from announcing protests such as strikes that disrupt the country’s international trade  to allow the economy to recover from pandemic-induced losses.

The government is planning to run a trial of 5G technology through Teletalk on December 12 or 16 this year, said Mustafa Jabbar, minister for posts, telecommunications and information technology, yesterday.

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.

With a vision ‘Go Global 2030’, Walton wants to become one of the best global electronics brands by the next nine years, said Walton Hi-Tech Industries’ Managing Director Golam Murshed at a roadshow.

The head of teetering Chinese developer Evergrande has urged staff to resume construction and sales to deliver properties, state media reported Thursday, as it battles to avoid a collapse many fear could send shockwaves through the world’s number two economy.

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday urged the government to improve cargo-handling services at Hazrat Shahjalal International Airport to boost apparel exports.

The poultry industry in Rajshahi’s Joypurhat district has grown expeditiously over the past two decades thanks to the breakthrough breeding of Sonali chicken, a cross-breed of Rhode Island Red cocks and Fayoumi hens.

Bangladesh will cut its over-reliance on imported vehicles, switch to electric modes of transportation and become a regional hub for automobile manufacturing by 2030 as the government unveiled the country’s first-ever policy to develop the sector.  

Operations at the country’s premier Chattogram sea port have resumed after around 35 hours with a countrywide work abstention enforced by a section of logistics service providers being called off yesterday afternoon.

The stock market regulator’s initiatives such as roadshows in various countries to bring in investments appear to have produced no significant positive outcome as foreign investors reduced their stakes in the listed companies to book profits.

Two foreign companies yesterday got the government nod to set up a 50-megawatt solar power plant in Khulna’s Terokhada upazila.

Chinese toymaker Meigo (Bangladesh) Ltd is going to invest $6.55 million to establish a factory in Dhaka Export Processing Zone. The company will annually produce 9 lakh die-cast, plastic, plush and collectible toys.

Asian investors trod carefully on Wednesday but nerves appeared to be settled by news that troubled Chinese property giant Evergrande had agreed a plan to repay interest on one of its key bonds, for now avoiding a default that many fear could hammer the domestic and global economy.

Around 10,000 families in Moheshpur upazila of Khulna’s Jhenaidah district are seeing better days as the local imitation or “city gold” jewellery industry has bounced back from a prolonged period of economic uncertainty due to the ongoing Covid-19 pandemic.