Investments in country’s start-ups plunge by 43%
Investments in country’s start-ups plunge by 43%

New investments in the countrys start-ups have dropped significantly in 2024 compared to the previous year due to political volatility, economic uncertainties, and changing global trends. According to a report titled Bangladesh Startup Investments Report 2024: Year In Review, published by...

Target billions of dollars
Target billions of dollars

Bangladesh Investment Development Authority (BIDA) announced the Bangladesh Investment Summit targeting billion-dollar foreign investment. This summit will be held in the second week of April next. The summit is being organized to attract foreign investors to invest in Bangladesh. Efforts are...

Dalton Investments demands resignation of Fuji Media advisor Hisashi Hieda
Dalton Investments demands resignation of Fuji Media advisor Hisashi Hieda

U.S. investment fund Dalton Investments has intensified its pressure on Fuji Media Holdings, demanding the resignation of Executive Managing Advisor Hisashi Hieda. In a letter to the companys board on Monday, the fund criticized Fuji Medias handling of the recent scandal involving television...

Behind $500 billion AI data center plan, US startups jockey with big techs
Behind $500 billion AI data center plan, US startups jockey with big techs

This week, a major announcement by former President Donald Trump about a $500 billion private-sector investment to build AI data centers has spotlighted the emerging role of nimble cloud computing startups. These smaller firms are carving out a niche in an industry long dominated by tech giants,...

Gas, electricity key to foreign investment in economic zones
Gas, electricity key to foreign investment in economic zones

The success of Bangladeshs economic zones is deeply tied to the availability of critical infrastructure such as gas and electricity. The past ousted governments approach to economic zoning was marred by uncoordinated planning and ambitious goals, which ceased to function to ensure simultaneous...

Foreign investors allege investment hurdles in Bangladesh
Foreign investors allege investment hurdles in Bangladesh

Representatives of foreign companies have put the problems of investment in Bangladesh before the Chief Adviser to the Interim Government, Prof Dr Muhammad Yunus while having a meeting. In response, the CA said that he has ordered to bring all the companies under one umbrella to attract foreign...

EIB VP to visit Dhaka for Bangladesh-EU cooperation talks
EIB VP to visit Dhaka for Bangladesh-EU cooperation talks

European Investment Bank (EIB) Vice-President Nicola Beer is set to visit Dhaka tomorrow (Jan 7) for a three-day trip to review existing partnerships, discuss various issues and explore expanded investment cooperation with the Interim Government. The EIB, owned by the 27 EU member states, is the...

Hurdles facing investment in telecom sector
Hurdles facing investment in telecom sector

The Telecommunications sector of Bangladesh is at a crossroads, facing significant hurdles that demand immediate attention. The sector faces numerous obstacles deterring investment, according to industry experts, the challenges include fragmented licensing frameworks, restrictive regulations,...

Commerce adviser seeks investment from Bangladeshi entrepreneurs in UK
Commerce adviser seeks investment from Bangladeshi entrepreneurs in UK

Commerce Adviser Sheikh Bashiruddin has stressed the role of Bangladeshi entrepreneurs in the UK in strengthening commercial ties between the two and urged them to invest in Bangladesh, reports UNB. He said: Invest in Bangladesh and contribute to the countrys development. Your role is vital in...

CA’s envoy urges British entrepreneurs to invest in Bangladesh
CA’s envoy urges British entrepreneurs to invest in Bangladesh

Lutfey Siddiqi, Special Envoy to Chief Adviser Prof Muhammad Yunus, on Saturday urged British entrepreneurs, including Bangladeshi-origin investors, to capitalise on Bangladeshs widespread reforms designed to attract foreign direct investment, reports UNB. We are open for business. We are keen...

Investment friendly environment must be created
Investment friendly environment must be created

Abdul Awal Mintoo, Vice-Chairman of Bangladesh Nationalist Party (BNP) and former President of FBCCI, said there is a huge gap between peoples expectations and its fulfillment. Inequality exists in every sector, including education, healthcare, and food, he said, adding: To reduce this,...

People not confident in investment due to lack of trust
People not confident in investment due to lack of trust

Politicians and businessmen emphasis on election to create a stable situation as they think people are not confident of investing across sectors due to the uncertainty. Speakers made these statements while addressing a round table conference at Bashundhara City Conference Hall in capital titled...

Bangladesh must boost investment to avoid economic crisis
Bangladesh must boost investment to avoid economic crisis

The country risks plunging into an economic crisis in the coming days if the government fails to accelerate public and private investments within the shortest possible time, analysts have warned, reports UNB. According to Planning Adviser Dr Wahiduddin Mahmud, private investment remains stagnant...

Businessmen in target like one-eleven situation
Businessmen in target like one-eleven situation

Businesses are once again reeling under the weight of fear, anxiety, and inconstancy. Following a travel alert issued in the extreme deterioration in law and order, foreign investors are losing trust, plunging the countrys investment climate to new squats. The situation on the ground is chaotic,...

Adani Group says it lost nearly $55 billion since US graft charges
Adani Group says it lost nearly $55 billion since US graft charges

The Adani Group announced on Wednesday that it had incurred a massive loss of nearly $55 billion since U.S. corruption charges were filed against top officials, which the company denies, reads a the Hindu report. Indias Adani Group conglomerate said Wednesday it had suffered a staggering loss of...

What lies ahead for the youth?
What lies ahead for the youth?

A survey by the private organization Youth Matters reveals that 42% of Bangladeshi youth aspire to move abroad. Is this number surprisingly low or high? It likely depends on the demographic surveyed. If the sample included youth from both urban and rural areas, the figure might be representative....