Investment

At least 34 Japanese companies operating in China have shown interest to relocate their units to Bangladesh. The embassy of Bangladesh in Beijing informed the development to the ministry of foreign affairs on Wednesday. Dozens of Japanese firms have planned to...

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...

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...

In an undaunted move, the central bank yesterday instructed banks to not give any cash dividend to both sponsors and investors until September to boost their capacity to absorb the strain on their capital base from the ongoing economic dire straits. The move,...

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....

Some 125 publicly-traded companies in the manufacturing and service sectors have expressed fears of heavy losses due to the ongoing coronavirus outbreak. Among them, 116 companies are in the manufacturing sector, such as RMG, cement, ceramics, engineering, and tannery sector. The other nine are in the real estate and service sector. These companies are...

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,...

Google defines “globalization” as follows- Globalization is a process by which businesses or other organizations develop influence or start operating on an international scale. People have been trading across continents for centuries. The concept of globalization is nothing new. From time...

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...

It’s been a few weeks since I wrote my last article. Like so many in the startup ecosystem in Bangladesh and beyond, we at Bangladesh Angels Network (BAN) have not been immune to the present crisis with the lockdown in the country and the uncertain state of the economy. We’ve had...