Japan-based trading and investment giant Mitsui and Company Limited has partnered with the ACI Logistics Limited, a subsidiary of ACI PLC, through a foreign currency-denominated convertible loan facility aimed at strengthening Bangladesh’s modern retail sector...
The flow of foreign direct investment (FDI) into the country is not keeping pace with its gross domestic product (GDP), raising concerns about potential challenges ahead, particularly in light of the country’s upcoming graduation from the group of least developed nations in 2026...
Shaikh Yusuf Harun, the executive chairman of the Bangladesh Economic Zones Authority, stated that the government’s initiative to establish 100 planned economic zones in the country successfully attracted the attention of local and foreign investors, and investment gained momentum by now...
Sheikh Monowar Hossain, a director of Sirajganj Economic Zone LTD, emphasised that bureaucratic complexities, political instability, and inadequate infrastructure were challenges that required government intervention to woo more foreign direct investment (FDI)...
Bangladesh needs to enhance its infrastructure, bolster social safety and security measures, and effectively harness its substantial workforce to attract more foreign investors and Foreign Direct Investment (FDI) in the economic zones, said M Zakir Hossain, chief executive of Young Consultants, a pioneer in consulting and conducting feasibility studies...
Marlboro-maker Philip Morris said Tuesday it planned to close down its two production sites in Germany, citing falling demand for cigarettes among Europeans.
