The final round of country's largest investment analysis competition ‘Capitalizer 2022’ was recently held in Dhaka, a press release said Wednesday. The competition was organized by Bangladesh University of Professionals (BUP) and sponsored by MetLife Bangladesh. The competition was open to all university students fo Bangladesh. Final six teams, selected from
Tag: Investment
UNICEF wants investment in child-focused climate risk financing solution
UNICEF is launching a new climate financing initiative to enhance countries' climate resilience and disaster preparedness for children and youth and bolster protection for children from the impacts of future climate-related disasters. The Today and Tomorrow initiative is an integrated climate change finance solution that, for the first time, combines
Lugang Technology to invest US$ 23 million in Ishwardi EPZ
Lugang Technology (Bangladesh) Limited, a Hong Kong (China) owned company, is going to establish a textile industry at Ishwardi Export Processing Zone (IEPZ). This fully foreign owned company will invest US$ 22.99 million where 3182 Bangladeshi nationals will get jobs, said a press release issued on Wednesday. The company will produce annually
Robi to invest Tk 2.5cr in digital start ups to mark its 25th anniv
Robi Axiata Limited on Monday announced its commitment to invest up to Tk 25 million on the digital start-ups on the occasion of its successful completion of 25 years in operation. Confirming the company’s readiness to deal with the digital future, Robi’s Chief Executive Officer (CEO), Rajeev Sethi, announced the launching
Bepza seeks more Japanese, Italian investment in EPZs
The Bangladesh Export Processing Zone Authority (Bepza) has sought more investment from Japan and Italy. Member (Investment Promotion) of Bepza Ali Reza Mazid has requested the ambassadors of these countries to work on in this regard so that more Japanese and Italian investors choose the EPZs of Bangladesh as their
CEPA: A doorway to trade and investment for Bangladesh and India
Post-Covid world has witnessed a shift in regional economic cooperation strategy from multilateral to bilateral cooperation agreements. In the past years India–Bangladesh relations have been on an upward swing. The two countries have made strides in bilateral relations as well as in aspects relating to sub-regional cooperation. Cross-border trade has
Govt aims to raise investment to 33.6pc of GDP
The government has projected to upgrade total investment in the country to 33.6 percent of the total GDP on the mid-term basis (in 2024-25 fiscal year) aiming to overturn the economic shock from the COVID-19 pandemic and the Russia-Ukraine war. In this investment, the private sector will contribute 26.65 percent
BGMEA chief for tightening ties with Germany
BGMEA President Faruque Hassan has underscored the need for intensifying cooperation and collaboration between Germany and Bangladesh to unlock trade and investment potential, a press release said Tuesday. He sought the cooperation and support of Germany for the sustainable development of Bangladesh’s RMG industry, especially in the area of environmental sustainability
Bangladesh can raise up to $12.5b more for climate action: WB report
Bangladesh can raise up to $12.5 billion in additional financing in the medium-term for climate action with the financing options include budget prioritization, carbon taxation, external financing and private investment. According to the World Bank Group's Country and Climate Development Report for Bangladesh released today, Bangladesh continues to face severe and
LC for capital machinery down by 65pc
New investment and business expansion saw a slow pace after tightening import and global recession warnings, brought about by the Russia-Ukraine war. As a result, opening letter of credit (LC) for importing capital machinery decreased by 65 percent in July-August of the current fiscal year 2022-23. This has no short-term effect,