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Oceans as an investment priority

By Emma Navarro Oslo – The Earth’s oceans face many threats, none of which have quick fixes. Still, the solutions are known, and with a sufficiently broad coalition of partners, we can get the ball rolling on a number of fronts. Read More »

S Korea interested to invest in Bangladesh’s ports, shipping

South Korea has expressed their interest to invest in the development of Bangladesh’s shipping sector, especially in the establishment of Chittagong Port’s Bay-terminal and Liquefied Natural Gas (LNG) terminal. The country has informed Bangladesh about their interest in these sectors during a meeting between Bangladesh’s state minister for shipping Khalid Mahmud Chowdhury and South Korea’s ocean and fisheries minister Moon ... Read More »

Expats seek ‘protection’ first to invest in Bangladesh

Dhaka, July 5 (UNB) – Bangladeshi expatriates will invest back at home provided the government ensures an environment free from any kind of unnecessary harassments, says a Bangladeshi community leader in the Thai city of Pattaya. “I personally think Bangladeshi expatriates, wherever they live, will invest in Bangladesh if they get protection from any unnecessary harassment,” Nazir Ahmed Sharkar, general ... Read More »

Invest in refugee-hosting countries matching hospitality: UN

Dhaka, June 19 – UN Secretary-General Antonio Guterres has laid emphasis on investment in the countries which are hosting refugees despite struggle with their own economic challenges and security concerns. “I want to recognise the humanity of countries that host refugees even as they struggle with their own economic challenges and security concerns. We must match their hospitality with development ... Read More »

Global FDI flows fall for third consecutive year

Geneva, 13 Jun (Kanaga Raja) – Global foreign direct investment (FDI) flows fell by 13 percent in 2018 to $1.3 trillion, the third consecutive year of a decline in FDI, the United Nations Conference on Trade and Development (UNCTAD) has said. In its World Investment Report 2019, UNCTAD said that the decline was mainly due to large-scale repatriations of accumulated ... Read More »

Growth Investment must increase to achieve target: FICCI

Dhaka, June 14 (UNB) – Foreign Investors’ Chamber of Commerce and Industry’s (FICCI) on Friday said the GDP growth target of 8.2 percent is achievable provided that GDP-investment ratio increase to the expected level of 32 percent. In a post-budget reaction, it said well-structured and transparent companies will require sufficient time to accommodate the provision of new VAT and SD ... Read More »

BD businesses keen to boost investment in African nations

Dhaka, June 12 (UNB) – The Federation of Bangladesh Chambers of Commerce and Industries (FBCCI) on Wednesday expressed its keen interest to develop trade relations with and enhance Bangladeshi investment in the African countries. The interest was conveyed at a meeting between the FBCCI leaders and a delegation of National Defence College (NDC) of Tanzania at the FBCCI conference centre ... Read More »

Dhaka offering exclusive economic zone to Japanese investors

Dhaka, May 25 (UNB) – An exclusive economic zone for Japanese investors is going to be developed at Araihazar upazila in Nayaranganj alongside Dhaka-Syhet Highway. Bangladesh Economic Zone Authority (BEZA) will sign a joint venture agreement with Sumitomo Corporation of Japan for development of the proposed economic zone, official sources at BEZA said. According to them, the new economic zone ... Read More »