Chinese businesses are showing increasingly greater interest in Chattogram, considering the geographical advantage of the port city. Factors like the duty-free access China recently granted to 5,161 additional Bangladeshi products must also be taken into account. Registration data from the Bangladesh Investment Development Authority (BIDA) show a...
Gross inflow of foreign direct investment to Bangladesh fell 13.8 per cent to $3.73 billion in the first 11 months of last fiscal year, largely owing to the coronavirus pandemic, which came as a shock to foreign investors. The drop would sound out a warning bell to...
At least 23 more services of 10 ministries and organizations will come soon under the One Stop Service (OSS) centre of the Bangladesh Investment Development Authority (BIDA). The ministries and organizations are Land Ministry, Rajdhani Unnayan Kartripakkha (RAJUK), Department of Inspection of Factories and Establishments, Environment Authority,...
বাংলাদেশের বিনিয়োগ ইতিহাস পর্যালোচনা করলে দেখা যায়, ষাটের দশকে তদানিন্তন পূর্ব পাকিস্তানে বৃহত্ শিল্পে বিনিয়োগের মাধ্যমে অর্থনৈতিক উন্নয়নের প্রচেষ্টা নেওয়া হয়। দেশে সোনালি আঁশ পাটের উৎপাদন ও ফলন পৃথিবীতে সবচেয়ে বেশি হওয়ায় এবং চট, বস্তা, ব্যাগ প্রভতি পাটজাত দ্রব্যের বিশ্বব্যাপী চাহিদার ফলে অসংখ্য পাটকল গড়ে ওঠে। এছাড়া...
Bangladesh’s economy has
witnessed steady growth in the past decade, with the country’s annual gross
domestic product (GDP) growth rate at 7.86% in 2018. It is poised to increase
by 7% on an average till 2033, according to a forecast by the Centre for Economics
and Business Research (CEBR).
Several tax measures, including capping of promotional expenses, increase in effective deposit for VAT appeal andpartial VAT rebate based on actual usage of raw material,in the proposed budget for FY2020-21 have left foreign investors in a state of anxiety. They think these measures will impede their business...
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"...
The government's goal of doubling private investment as percentage of gross domestic product or GDP, in fiscal year 2020-21 is unrealistic, economists said on Saturday. The government seeks to raise the private investment to GDP ratio to 25.3 per cent from the outgoing fiscal's 2.7 per cent...
Yabang Group is planning to invest in building a large scale industrial park in Bangladesh. Chairman of Yabang Group Xiaochu Xu on Thursday met Bangladesh Ambassador to China Mahbub Uz Zaman at his office in Beijing and discussed investment plans in Bangladesh. If things go according to...
The National Board of Revenue has relaxed the duty-free motor vehicle import rules for investors in the country’s hi-tech parks, curtailing the minimum level of investment to be made and the number of employees to be hired for availing the facility. The investors in the country’s hi-tech...