Net inflow of Foreign Direct Investment (FDI) into Bangladesh appears much lower than it was estimated earlier as the central bank revised the data matching an updated matrix of the IMF. The FDI netting in the last fiscal year, 2015-16 (FY16), was estimated at US$2 billion, which has been now revised downwards at $1.29 billion after the Bangladesh […]
Tag Archives: FDI
FDI into Bangladesh declines as methodology revised to IMF standards
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Bangladesh Govt. to reclaim 2,000-acre KEPZ project land jeopardising $1.2b FDI
The Bangladesh government’s plan to take back 2,000 acres of land out of nearly 2,500 acres from the Korean Export Processing Zone (KEPZ) would jeopardise an investment of $1.2 billion that South Korean companies are planning to pump into the economic zone. Experts said it would send a wrong message to foreign investors who see […]
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Board of Investment (BoI) will be replaced
A new authority will replace the Board of Investment (BoI) and Privatisation Commission (PC) under a merger scheme, now underway at the official level. One of the main functions of the newly created authority will be to bring dynamism in wooing Foreign Direct Investment (FDI) to Bangladesh. Official sources confirmed on Monday that the name of […]
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- SALAMCRST: S. Alam Cold Rolled Steels
- BDFINANCE: Bangladesh Finance and Investment Co
- TRUSTBANK: Trust Bank Limited
- UNIONCAP: Union Capital
- CITYGENINS: City General Insurance Co
