UCB Investment announces closure of IBBL 2nd bond

UCB Investment Ltd. has announced the closure of IBBL 2nd Perpetual Mudaraba Bond at a ceremony held on Tuesday at IBBL Tower, a press release said. UCB Investment was the Lead Arranger & Issue Manager of the bond. Prime Bank Investment Ltd. acted as Joint Co-Arranger & Issue Manager and Islami

Dhaka seeks increased Swiss investment

State Minister for Foreign Affairs Md. Shahriar Alam has called for more Swiss investment in Bangladesh. He made the call during a bilateral meeting with Livia Leu, state secretary of Switzerland held on the sidelines of the World Economic Forum Annual Meeting in Davos on Monday. Shahriar informed the Swiss state secretary

PM urges US companies to boost investment in Bangladesh

Prime Minister Sheikh Hasina on Tuesday said Bangladesh needs enhanced investment from its friendly countries, especially from the USA, as it aspires to become a developed and prosperous country by 2041.“Bangladesh has been recommended to graduate from the LDC in 2026. We are aspiring to become a developed and prosperous

PM seeks larger UAE investment in Bangladesh

Prime Minister Sheikh Hasina today urged the United Arab Emirates (UAE) business community to invest largely in Bangladesh Special Economic Zones and high-tech parks particularly in ready made garments (RMG), leather, jute, food, ICT and ITES (IT Enabled Services). "Our financial markets are now ready to support advanced private equity and

UCB Investment, Lead Issue Manager of SJIBL Mudaraba Perpetual Bond

Debut Trading and Ring Bell Ceremony of SJIBL Mudaraba Perpetual Bond was held on Sunday at DSE Tower. UCB Investment Ltd. is the Lead Issue Manager and Arranger of the issuance. M Shaifur Rahman Mazumdar, FCA, FCMA, Chief Operating Officer, Dhaka Stock Exchange, Md. Abul Bashar, EVP and Company Secretary, ShahjalalIslami Bank

Foreign firms show interest to invest $1.16b

Foreign companies that took part in the Bangladesh Trade and Investment Summit 2021 have shown interest to invest $1.16 billion in the country. "We received expressions of interest for foreign investment, particularly in the infrastructure sector, which we will forward to the commerce ministry," said Rizwan Rahman, president of the Dhaka

9 cos get govt plots to invest $55mn in IT sector

The authority of Bangladesh Hi-Tech Park has allotted plots to nine companies at the Bangabandhu Sheikh Mujib Hi-Tech Park in Kaliakair and Sheikh Hasina Software Technology Park in Jashore. These companies will invest approximately $55 million in developing the information technology sector of the country. Under the agreement, seven companies in Bangabandhu