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However, 70.3 per cent had sought to do so in 2019. In 2020, another 49.3 per cent believed that their operations will remain the same while 6 per cent pondered over going for retrenching. Besides, 3 per cent wanted to shift to another country withdrawing investments, failing to bear the difficulties of the ongoing Covid-19 fallouts. The 2019 JETRO Survey on Business Condition of Japanese Companies in Asia and Oceania was released on March 2021. Over 300 companies are doing business in Bangladesh and the number has been rising in recent years due to continuous economic growth in the last decade. Those expressing intent to expand business in Bangladesh cite growth potential and sales increases enabled through exports and the domestic market. ....
The relationship between Japan and Bangladesh is a trusted and time-tested one. Bangladesh became Japan's biggest recipient of the Official Development Assistance in 2020. Since the Covid-19 pandemic started more than a year ago, there has been a lot of talks and anticipation about Japanese businesses moving base to Bangladesh. In a series of high-profile interviews, The Daily ....
JETRO for lifting TT remittance limitation for import trade 234 DHAKA, April 24, 2021 (BSS) – Japan External Trade Organization (JETRO) has laid emphasis on lifting up the limitation of Telegraphic Transfer (TT) remittance for import trade to attract more Japanese investment in Bangladesh. The organization observed that the limitation is hindering the import for increasing trade and investment in the country. To this end, Deputy Secretary of the Commerce Ministry Mohammad Monir Hossain Hawlader said the government is considering the issue positively and necessary steps have already been taken in the draft import policy for 2021 to 2024 to make easier the TT remittance process for importing. ....
JETRO hopes large-scale Japanese investment in Bangladesh | Bangladesh Sangbad Sangstha (BSS) bssnews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bssnews.net Daily Mail and Mail on Sunday newspapers.
Number of Japanese firms in Bangladesh up 4 times in 10 years 320 DHAKA, April 03, 2020 (BSS) – The number of Japanese companies operating in Bangladesh has increased around four times in 10 years as the government ensured better business climate for the foreign investors in the country. A total of 321 Japanese firms are currently running their businesses in the country which was 83 in 2010, as per the Japan External Trade Organization (JETRO). Talking to BSS, JETRO Country Representative Yuji Ando said Bangladesh is one of the major destinations for Japanese entrepreneurs and they are investing in different fields, including ready-made garments (RMG), textile, IT and infrastructure taking the advantage of competitive human resource and huge domestic market. ....