Build an effective business-friendly environment, garments makers urge BIDA
The leaders of BGMEA and the high-ups of BIDA pose after a meeting today in Dhaka.
Star Business Report
Star Business Report
Garment makers today demanded creating an effective business-friendly environment and improving the ease of doing business to attract more investment in the country, especially in non-cotton or manmade fibre (MMF) based textiles.
Faruque Hassan, president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA), placed the demand to Md Sirazul Islam, executive chairman of Bangladesh Investment Development Authority (BIDA).
Hassan was leading a delegation of the association in a meeting with the high-ups of BIDA in Dhaka.
Govt devising ways to address challenges of LDC graduation
Says Salman F Rahman Star Business Report Star Business Report
The government is drawing up a plan to address the challenges the country may face after graduating from the grouping of least-developed countries in 2024, an adviser said yesterday. We are trying to create an enabling environment for investment, and for that, skills development is very important, said Salman F Rahman, the prime minister s adviser on private industry and investment.
He spoke at a virtual roundtable organised by the Foreign Investors Chamber of Commerce and Industry (Ficci).
Businessmen from different foreign companies operating in Bangladesh took part in the event styled, FDI in a post-Covid world: New realities and reform priorities for Bangladesh.
Salman F Rahman for relaxing foreign investment tax policy
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Investment Adviser Salman F Rahman today stressed the need for easing tax
policy on foreign investment aiming to attract foreign entrepreneurs to
invest in the country.
foreign entrepreneurs raise their tax-related complications when they came up
with investment in Bangladesh,” he told a webinar here.
The PM’s adviser said the high-ups of the government are well-informed
about the tax-related problems and he hoped that the tax policy on foreign
investment would be made easy in the next budget.
Foreign Investors Chamber of Commerce and Industry (FICCI) arranged the
webinar on post COVID-19 forest investment.
2 February, 2021, 9:15 pm
Avijit Chowdhury shows the damage done to his Minimart located in Martintar, Nadi after it was looted on Sunday morning at around 1.30am. Picture: SUPPLIED
All Available 24/7 minimart, located in Martintar, Nadi was looted early last Sunday morning, according to managing director Avijit Chowdhury.
Mr Chowdhury said the looters took $10,000 from cash sales, savings of $1000, foreign currency valued at approximately $1000, cigarettes and alcohol worth $2000 along with a mobile phone and documents.
“On Sunday morning, I came by the shop to collect newspapers along with my wife and daughter and noticed the door broken,” he said Mr Chowdhury said when he noticed the glass door broken, he knew something was not right.