BGMEA asks to choose Bangladesh for investment

BGMEA President Faruque Hassan has invited foreign investors including Bangladeshi business community living in the USA to choose Bangladesh as their preferred and ideal investment destination. “With consistent economic growth over the past decade, a large, young and vibrant workforce, strategic location, political stability, growing infrastructure, Bangladesh has emerged as an

Kamal for finding path to recover trade and investment

Finance Minister AHM Mustafa Kamal Monday called for finding out a strong path for recovery in both trade and investment among the Commonwealth countries amid the COVID-19 pandemic. The Finance Minister made the call while addressing the "Commonwealth Trade and Investment Summit 2021" virtually. The theme of the summit has been

JD Creation Ltd to invest $ 4.15m in Mongla EPZ

South Korean company M/s. JD Creation Limited has signed an agreement with Bangladesh Export Processing Zones Authority (BEPZA) to establish a camping items, garments, tent and garments accessories manufacturing industry in Mongla EPZ with an investment of US$ 4.15 million. Member (Engineering & Investment Promotion-additional charge) of BEPZA Mohammad Faruque Alam

Bangladesh a good home for investment: Indian HC

Indian High Commissioner to Bangladesh Vikram K Doraiswami today said Bangladesh is a good home for investment and that's why the Indian companies that have already invested, they are reinvesting in this country. "The Foreign Direct Investment (FDI) of Indian companies in Bangladesh is over US$ 3 billion. The investment of

SJIBL approves investment proposals at 324th Board meeting

ShahjalalIslami Bank Limited (SJIBL) holds 324th Board meetingat Corporate Head Office of the Bank. A number of investment proposal and reviewed various issue related to policy of the Bank have been approved in the meeting. The meeting was presided over by the Chairman of the Board of Directors Mr. Md. SanaullahShahid,

Japan to expand investment in Bangladesh

The Ambassador of Japan to Bangladesh Ito Naoki hoped to work closely for developing economic partnership between Japan and Bangladesh which will encourage more Japanese investment in Bangladesh. The envoy made the remark Tuesday during his visit at BEPZA Complex, said a press release issued by BEPZA. Welcoming the Ambassador at

Label Markers Ltd to invest US$ 1.14m in Dhaka EPZ

M/s Label Makers Ltd is going to invest US$ 1.14 million to establish a Garments Accessories Industry in Dhaka EPZ. Mr. Mohammad FaruqueAlamon behalf of Bangladesh Export Processing Zones Authority (BEPZA) and Mr. Md. Shahriar, MD behalf of M/s Label Makers Ltdhas been signed the deal at BEPZA Complex on Thursday,

India to Invest US$ 9.26 M in Chattogram EPZ

Indian company M/s Sewtech Fashion Limited has signed an agreement with Bangladesh Export Processing Zones Authority (BEPZA) to establish a Readymade Garments manufacturing industry in Chattogram EPZ with an investment of US$ 9.26 million, a release said. This is a sister concern of India’s largest apparel manufacturer company Shahi Exports Pvt

Tk 1.25 crore earned by investing Tk 5 lakh only!

Sumi Rahman, the wife of expelled Juba League office secretary Kazi Anisur Rahman, invested Tk 5 lakh in her poultry farm in 2018-19. She earned a revenue of around Tk 1 crore 25 lakh 20 thousand 500 from the poultry farm by next year. The Anti-Corruption Commission (ACC) has described

Evaly to invest up to Tk 5 crore in local startups

Evaly, a local e-commerce marketplace, has expressed interest in investing in local startups worth Tk 2 to 5 crore under the ‘Bangabandhu Innovation Grant-2021' or BIG, said a press release on Thursday. The investment initiative will begin operations on June 12. According to release, BIG is launching in Bangladesh for the first