Industrial enterprises registered with the Invest Bangladesh Authority, formerly known as BIDA, will no longer need to obtain separate approval from Bangladesh Bank to take medium- and long-term external loans

Bangladesh Bank (BB) has instructed all scheduled banks to facilitate bank account opening for foreign nationals with valid and up-to-date work permits from the Bangladesh Investment Development Authority (BIDA).

Bangladesh is passing through a tough time in terms of investment, with the prevailing situation creating uncertainty that continues to discourage new investment, said Ashik Chowdhury, executive chairman of the Bangladesh Investment Development Authority (Bida).

The BIDA organised a briefing at its office in Dhaka, on the investment-related outcomes of the national budget for the 2026–27 fiscal year

The conversion rate is higher than the global standard

Invest Bangladesh -- about to become the country’s sole investment promotion agency -- cannot remove every roadblock on its own

The new authority promises a genuine one-stop service through integrated digital platforms, statutory timelines for approvals and a single-window clearance system

Somewhere in Dhaka, a diplomat wakes up to a familiar routine. Briefings. Reports. Summaries. Meetings. What he does not see is what has already changed overnight.

In a sudden reversal, the Bangladesh Investment Development Authority (BIDA) has withdrawn its claim that the government had established a formal Private Sector Advisory Council.

The roadmap targets coordinated reforms across four key agencies

It enables digital processing for approvals related to royalty, technical know-how, technical assistance, and franchise fees

Despite substantial spending, many digitisation initiatives have turned into opportunities for rent-seeking rather than reform.

If the government extends tariff concessions, tax incentives, and technology transfer support to investors, many initial obstacles can be overcome.

The Bangladesh Investment Development Authority (Bida) has made it mandatory for every foreign investor and employee to obtain security clearance for work permits exclusively through Bida’s One Stop Service (OSS) portal.

The government is moving away from scattered projects and will adopt an integrated multimodal transport plan to ensure cost and time-efficient transport, said Muhammad Fouzul Kabir Khan, adviser to the Road Transport and Bridges ministry, yesterday.

New competitiveness index launched

Diversifying Bangladesh’s export basket has been a high-priority policy objective for many years.

It remains unclear if the summit’s promises will bring real change, and consequently greater investments, or simply fade away like many before them

The Bangladesh Investment Development Authority (Bida) is set to host the China-Bangladesh Conference on Investment and Trade on June 1 as part of efforts to attract foreign investment.

The development of private sector capabilities is a prerequisite for securing sustainable economic growth.