Economic Data

Economic Data

This wikizine consists of economic reports and their relevance to investors.

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Written by bangladesheconomy on
http://www.theindependent-bd.com/details.php?nid=149104 Positive change in Bangladesh to woo overseas trade, investment UK delegation says UNB, Dhaka A group of UK companies praised ‘phenomenal’ change taking place in Bangladesh for attracting overseas business and investment as Dhaka evolves as an international trading hub. “A phenomenal change is now taking place in Bangladesh. Dhaka is now an international city moving fast and international market is coming up here,” Shahagir Bakth Faruk, who is leading a delegation of the group, told a press briefing at Regency Hotel yesterday. Faruk, who is leading the 15-member delegation of the British-Bangladesh Chamber of Commerce (BBCC), said they are eager to do ... Read Full Story
 
Written by bangladesheconomy on
http://www.thedailystar.net/newDesign/news-details.php?nid=113288 BoI chief upbeat on FDI flow Star Business Report The state-run investment promotional body chief is upbeat on foreign direct investment flow to Bangladesh at an amount of at least $5 billion a year, despite the present declining trend. i”It is our target to receive a minimum of $ 3 billion and a maximum of $5 billion in oversees investment per year,” SA Samad told a meeting of foreign entrepreneurs in Dhaka yesterday. Held at Radisson Water Garden Hotel, the monthly luncheon was organised by Foreign Investors’ Chamber of Commerce and Industry (Ficci). The Board of Investment (BoI) executive chairman also drew the ... Read Full Story
 
Written by bangladesheconomy on
http://www.thefinancialexpress-bd.com/2009/11/08/83704.html Walton eyes int’l market with high production Walton Refrigerator. Source: http://www.waltonbd.com/ Mehdi Musharraf Bhuiyan Local consumer electronics giant Walton has aimed at more than doubling its daily production of refrigerators by the end of this year as the company is looking to make its mark in the wider international market. The wholly Bangladeshi owned company- which is a concern of the local R.B. Group, is planning to increase its daily production output of refrigerator to 2,500 from its present level of around 1000, the company authority said Saturday. “With the Eid ul Azha in the offing, demand for refrigerators, which is our trademark ... Read Full Story
 
Written by bangladesheconomy on
http://www.thefinancialexpress-bd.com/2009/11/08/83739.html Govt sets limit on foreigners in private industrial parks Doulot Akter Mala The government has imposed curbs on the number of foreigners a company can employ in a private export processing zone (PEPZ) to ensure better opportunities for local managers and experts, according to a newly framed policy. A company shall keep the number of foreigners to a maximum five per cent of its total workforce and employ them only in technical and senior management jobs, the policy approved last month said. The restrictions have been imposed as the country’s first private industrial park, the Korean Export Processing Zone (KEPZ), is set to ... Read Full Story
 
Written by bangladesheconomy on
http://nation.ittefaq.com/issues/2009/11/07/news0851.htm 8,500 ‘post e-centres’ to digitalise postal services BSS, Dhaka The government has undertaken a five-year plan to set up ‘post e-centre’ 8,000 rural post offices and 500 upazilas of the country for bringing the postal department under the digital network. AKM Rafiqul Alam, acting Director General (Postal Services) of Bangladesh Post Office, told BSS reporter Kamaluddin Ahmed that a project styled ‘Post-e-Centre for Rural Community’ involving Taka 522 crore would be implemented from the next year. The main purpose of the project is to reach the IT-based postal services to the doorsteps of the rural people, he said. Rafiqul Alam said the rural ... Read Full Story
 
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