Envoy Textiles is going to set up an eco-efficient lab facility in a joint venture with Spanish textile solutions provider Jeanologia to develop new products to cater to the global market for denim.

Cumilla Economic Zone (CEZ) has got final approval from the government as the 12th private economic zone in Bangladesh.

A Canada-China owned company will invest $5.74 million to set up a diversified product manufacturing plant in Bepza Economic Zone.

Walton Hi-Tech Industries PLC said today it has won the tender to procure more than 50 years long-established European brands ACC, Zanussi Elettromeccanica (ZEM) and Verdichter (VOE) from Italia Wanbao-ACC.

Chinese company Xihe Textile Technology Bangladesh Ltd is going to set up a garments manufacturing industry in Mongla Export Processing Zone (EPZ) with an investment of $12.89 million.

The government has removed the upper ceiling on investments in two US dollar related bonds so that non-resident Bangladeshis (NRBs) can invest as much as they want in both securities, according to a notification from the Internal Resources Division (IRD).

Logistics-tech company Paperfly has confirmed Tk 102 crore new investment from Ecom Express, one of the leading tech-based e-commerce logistics solutions providers in India, as it looks to digitalise the local courier segment.

Logistics-tech company Paperfly today confirmed another Tk 102 crore investment from the leading Indian tech-based e-commerce logistics solutions provider, Ecom Express.

Mexico-Bangladesh Virtual Business Platform has been launched with an aim to create better opportunities and bring the business community of both the countries to a single platform.

Bangladesh has an attractive economic sector for investment, US Ambassador Peter Haas said today.

The British American Tobacco Bangladesh Company (BATBC) yesterday decided to invest another Tk 574 crore in its Savar operations to cater to upcoming export opportunities and create contingency capacity.

Businesses in Bangladesh and Malaysia can benefit if they invest in each other’s countries as both have opened their doors to foreign firms, according to various experts.

The Bangladesh Investment Development Authority (Bida), the apex investment promotion agency of Bangladesh, has assumed the South Asia regional directorship at the World Association of Investment Promotion Agencies (WAIPA).

British Parliament Member Rushanara Ali today urged the Bangladesh government to ensure further advancement of a conducive business environment for the investors.

Bangladesh’s investors have a good prospect in the growing infrastructure sector of Rwanda, one of the promising countries in Africa, said a business leader yesterday.

The International Finance Corporation (IFC) has planned to invest $5 billion in diversified sectors in Bangladesh such as light engineering, economic zones, financial and capital markets, and growth-enabling sustainable infrastructure in the next five years.

South Korea is looking at bringing in investments of major Korean brands like Samsung, Hyundai and Daewoo to Bangladesh in the areas of construction, engineering, electronics and automobiles as Bangladesh is improving associated environments and expanding the market base.

Wall Street stormed back this week after absorbing a long-awaited rate hike from the Federal Reserve, leaving investors to determine whether stocks are set for a sustained rebound or more turbulence.

The Bangladesh Economic Zones Authority (Beza) is set to sign a deal with Bangladesh Special Economic Zone Ltd today for faster completion of the economic zone for Japanese investors on the occasion of the 50th anniversary of diplomatic relations between the two nations.

The establishment of the diplomatic mission of Romania in Dhaka will foster trade and investment between the two countries and pave the way for exporting skilled workforce to the European nation, speakers said yesterday.