Tag Archives: FDI

FDI into Bangladesh declines as methodology revised to IMF standards

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 […]

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Bangladesh Govt. to reclaim 2,000-acre KEPZ project land jeopardising $1.2b FDI

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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

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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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Korean Export Processing Zone at serious risk

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Instead of handing over the Korean Export Processing Zone (KEPZ) to the investor, the government of Bangladesh plans to take back […]

Dhaka needs to remove its rocky anti-FDI atmosphere

Korean Ambassador to Bangladesh Lee Yun-young

Korean Ambassador to Bangladesh Mr. Lee Yun-young has said Bangladesh should come out from protectionism and open up its market […]

‘Welfare Associations’ to negotiate for rights at Bangladesh EPZ

The Government of Bangladesh today approved, in principle, draft of a labour law for Export Processing Zones (EPZ) with the provision […]

Return of GSP seems far off – a lot more must be done

Bangladesh’s progress in implementation of the National Tripartite Plan of Action on Fire Safety and Structural Integrity (the Action Plan) which provides a […]

Bangladesh halts shutdown of “unsafe” factories

The Bangladeshi government is refusing to shut down garment factories declared unsafe, following a row with independent inspectors over the […]

Yawning gap between pledges and delivery to Rana Plaza victims

Many Rana Plaza victims are yet to receive the promised compensation from the government and retailers, nine months after the […]