Mitsubishi Motors yesterday signed a memorandum of understanding (MoU) to conduct a feasibility study on establishing a production unit in Bangladesh by 2025 as the Japanese multinational automotive manufacturer looks to expand its footprint in South Asia. This deal, which government officials have dubbed...
Head of Delegation of the European Union to Bangladesh Ambassador Rensje Teerink has said Bangladesh, with the graduation, needs to follow the core issues related to the GSP Plus in detail because “GSP Plus will probably be the way forward”. She said the current...
Over the last one and a half years, with foreign investment coming to a halt amid Covid-19, the Bangladesh Investment Development Authority (Bida) has been doing the groundwork for drawing in investors the moment the pandemic blues go away.   Bida's main task is...
President M Abdul Hamid has asked all concerned, especially the government and non-government entrepreneurs, to increase fish production by cultivating and preserving different varieties of local fishes. Releasing fish fries at Bangabhaban to mark the National Fisheries Week-2021 on Tuesday, he said: "Production of...
Fish farming, usually done in large ponds, has now moved indoors and is taking up less space as Bangladeshi aquaculture tries its luck at using biofloc technology (BFT). Biofloc technology was developed in the 1990s as a way for fish and shrimp farmers to...
Numerous foreign investment success stories demonstrate that Bangladesh is indeed a land of business opportunities that can be seized with the right guidance, said Norwegian Ambassador to Bangladesh Espen Rikter-Svendsen. Nordic businesses in Bangladesh are leading the way on issues of sustainability, innovation, human...
More than 15,000 poor and distressed women have changed their fortune through plucking tea-leaves in tea gardens of five northern districts in the 'Kartoa Valley' ecological zone. The boosting small-scale gardening-basis tea cultivation on the plain lands has so far created jobs for more...
Bangladesh is a good place to invest in. Some Indian companies have already expressed their desire to invest here, said Indian High Commissioner (HC) to Bangladesh, Vikram Doraiswami. He said India currently has investments of $3.5 billion in Bangladesh. The establishment of the government's...
Highlighting the potential of Cox’s Bazar, Prime Minister Sheikh Hasina on Sunday said the government wants to turn Bangladesh into a global aviation hub that will help accelerate the country’s current economic march forward.“Considering Bangladesh’s geographical position, we want to make the country the centre of global...
Exodus group, a well-known Malaysian company, is going to invest in Holister, a logistics company in Bangladesh.  This year, they will invest over Rs5 crore in the first phase and larger amounts in the next three phases, said a press release.  Holister CEO...