Meigo (Bangladesh) Ltd, a fully foreign owned Chinese company, is going to establish a toy manufacturing factory in Dhaka Export Processing Zone with an investment of $6.55 million.
The company will produce annually 9 lakh pieces of die-cast toys, plastic toys, plush toys and...
Bangladesh is ready to manufacture KN95 standard masks, locally, to cater for the spiked demand for high-specification respirators amid Covid-19. JMI Hospital Requisite Manufacturing Ltd, a medical equipment maker, has completed successful test runs of its newly-installed lines that can manufacture 40,000 KN95 standard masks a day....
Industries Minister Nurul Majid Mahmud Humayun has called upon the Russian entrepreneurs to invest in different sectors, including fertilizer, cement, leather and shipbuilding industries, in the country.
"As Bangladesh is an agricultural country, there is a huge demand for fertilizers here," he said in...
The foreign portfolio investors continued making an exit as they withdrew Tk 1,399 crore from the Bangladesh capital market in the last financial year 2019-20, the highest-ever pull-out amid woes in the country’s financial sector including the stock market, government’s apathy towards the market and global pandemic...
Impact investing is described as investments made with the intention to generate positive, measurable social and environmental impact alongside a financial return, that can be below market to market rate, depending on the investors' strategic goals. In fact, according to a 2020 survey by the Global Impact...
Foreign direct investment (FDI) in developing countries has a bad reputation. In some discussions, it is presented as tantamount to postcolonial exploitation of raw materials and cheap labour. However, recent data shows that FDI in developing countries increasingly flows to medium and high-skilled manufacturing sectors, involving elevated...
New investments have dropped across the world amid the pandemic, but when investments were diverted from China, Japan and Europe, Bangladesh fell behind its competitors to grab them.
High interest rate, weak infrastructure, environment not conducive to business and no incentive for investors are...
As interest in the Bangladeshi startup ecosystem has grown, so has the responsibility of angel investors and other early stage stakeholders to properly assist founders and startups in preparing for their next stages of growth and funding. At Anchorless Bangladesh, we've spent the last 18 months better...
The Bangladesh Bank would release new currency notes worth up to Tk 30,000 crore on the market on the eve of Eid-ul-Fitr, one of the biggest religious festivals for the Muslims.
The denominations of new currency notes would include Tk 10, Tk 20, Tk 50,...