Bangladesh, China sign 9 agreements to strengthen cooperation
Bangladesh, China sign 9 agreements to strengthen cooperation

Bangladesh and China signed nine agreements today, reinforcing bilateral cooperation across various sectors. The agreements include one on economic and technical cooperation and eight memorandums of understanding (MoUs) covering cultural exchanges, literary translation, media collaboration, news...

It's high time to make investment in Bangladesh
It's high time to make investment in Bangladesh

Commerce Adviser Sk Bashir Uddin said its high time to make both local and Foreign Direct Investment (FDI) in Bangladesh since things are going in the right direction while the progress is evident day by day, reports BSS. I would say this is the right time. So, please go and invest here ...I am...

Starlink’s first Bangladesh trial to take place on Apr 9
Starlink’s first Bangladesh trial to take place on Apr 9

Tech billionaire Elon Musks satellite internet service, Starlink, is set to begin its trial run in Bangladesh on April 9. Chowdhury Ashik Mahmud Bin Harun, executive chairman of the Bangladesh Investment Development Authority (BIDA), announced the trial at a press conference at the Foreign...

Indonesia expands clean energy, EV cooperation with South Korea
Indonesia expands clean energy, EV cooperation with South Korea

Indonesia is deepening its clean energy and electric vehicle (EV) partnership with South Korea as part of efforts to cut greenhouse gas emissions by 31.89 percent by 2030, reports Antara News. Coordinating Minister for Economic Affairs Airlangga Hartarto met with Dong Choon Kim, Vice President...

BP sells $1B stake in firm linked to TANAP gas pipeline to Apollo
BP sells $1B stake in firm linked to TANAP gas pipeline to Apollo

British energy giant BP has agreed to sell a stake in a company invested in the TANAP gas pipeline, which links Azerbaijan and Turkiye, to Apollo Global Management for $1 billion, the two firms announced on Friday. The sale is part of BPs $20 billion disposal program through 2027 as it shifts...

Malaysian police investigate crypto investment scams as 2 victims lose huge
Malaysian police investigate crypto investment scams as 2 victims lose huge

Johor police are investigating two separate online investment scams that led to combined losses of over $21,500 (approximately RM102,024), underscoring the increasing threat of digital fraud in Malaysia, reports the Star. Johor Baru South police chief Asst Comm Raub Selamat revealed that a...

Investor confidence yet to be reclaimed
Investor confidence yet to be reclaimed

More than six months have passed since the Interim Government, led by Prof Muhammad Yunus, assumed power following the July Uprising, with the aim of dismantling autocracy and rebuilding Bangladesh. Significant reforms have been introduced across various sectors, including law, justice, parliament,...

Indonesian president inaugurates gold bank service to boost economy
Indonesian president inaugurates gold bank service to boost economy

On February 27, 2025, President of Indonesia, Prabowo Subianto, officially inaugurated the Pegadaian Gold Bank Service and Bank Syariah Indonesia (BSI). The event marks a significant development for Pegadaian, a subsidiary of Bank Rakyat Indonesia (BRI), and part of the Ultra Micro Holding group,...

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...