Asia

Bangladesh has initiated groundwork to attract investments from large foreign firms which are planning to move out of China to reduce single-country dependence after Covid-19 pandemic. Special economic zones with ready-to-use land, longer tax holiday and availability of all services under one roof are among the offers...

Bangladesh saw a record drop in foreign direct investment (FDI) in 2019, with FDI inflow falling by 55.8 percent to $1.6 billion. This was unveiled in a United Nations Conference on Trade and Development (UNCTAD) annual report on the prospects of FDI named "World Investment Report 2020"...

Covid-19 has laid bare the vulnerabilities of global supply chain, upending the long-established business models of corporations and governments across the globe that took decades to develop. As nations are grappling with containing an invisible pathogen, everything from lithium mines in Chile to semi-conductor makers of China's...

Global demand for premium foods like wagyu beef, bluefin tuna and caviar has plunged with thousands of restaurants shuttered and many economies sliding into recession amid the coronavirus pandemic, reports Reuters. As strict lockdown measures to contain the outbreak ravage global economic activity, the luxury food industry...

The Asian Development Bank (ADB) has formed a high-level panel comprising leading experts to tap into quick bounce back of the Southeast Asian economies after the coronavirus pandemic. ADB President Masatsugu Asakawa has launched the panel on Wednesday where economists, financial analysts, health experts, central bank governors,...

Asian companies are at a higher risk of default in the coming quarters than last year, a Reuters analysis of their credit ratios showed, as the coronavirus pandemic has squeezed revenue and made it harder to refinance debt. One measure of how easily a company can pay...

জাপানের সনি করপোরেশনকে কে না চেনে। ক্যামেরা, টেলিভিশন, মুঠোফোনসহ বহু ধরনের ইলেকট্রনিক যন্ত্র ও যন্ত্রাংশ তৈরি করে সনি বিশ্বজুড়ে ঘরে ঘরে জায়গা করে নিয়েছে। সনি এখন তাদের ক্যামেরা, প্রজেক্টর ও ভিডিও গেম খেলার প্লে স্টেশন তৈরির কারখানা চীন থেকে সরিয়ে অন্য কোনো দেশে নিতে...

Bangladesh expects a bigger inflow of foreign direct investment in the days to come as different nations plan to relocate their factories to countries like Bangladesh to bring down cost amid a cash crunch caused by the pandemic, said Commerce Minister Tipu Munshi yesterday. In 2019, the...

The South Asian countries, including Bangladesh, might lose US$142 billion to $218 billion due to impact of the deadly Coronavirus pandemic on their economies, the Asian Development Bank (ADB) said on Friday. The global economy could suffer a loss amounting to $5.8-$8.8 trillion, equivalent to 6.4 to...

While Vietnam, India, Indonesia – and some other countries – are racing to get their share of the pie from the probable exodus of factories from China, Bangladesh does not seem particularly active to get its share. Japan, the US and Europe have announced they will relocate...