The Embassy of Uzbekistan in Turkey organized a meeting in Turkey’s Hatay region. At the meetings in the city municipality, the Chamber of Commerce and Industry, as well as the Association of Business People of the region, a presentation of the investment and tourism potential of Uzbekistan was held. Meetings and negotiations were held with…
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Bangladesh’s investment to gross domestic product (GDP) ratio rose in the just-concluded fiscal year, data from the Bangladesh Bureau of Statistics showed on Tuesday, in what can be viewed as an inexplicable development as most indicators were pointing towards a contrary scenario. The finance ministry itself projected a far lower investment to GDP growth in…
Investors seeking to do business in Bangladesh can now avail three more public services at the One-Stop Service (OSS) portal in the website of Bangladesh Investment Development Authority (BIDA). Previously, 18 information-related services were available, including 14 of the BIDA and ones of the Registrar of Joint Stock Companies and Firms, the National Board of…
Bangladesh has ranked 168th among 190 countries in the ranking of “Ease of the Doing Business 2020” by the World Bank. Last year, Bangladesh ranked 176th. One of the reasons for this improvement is that starting a new business has now become less expensive with the reduction of registration and name clearance fees. Yet, when you…
The government is strengthening the Bangladesh Investment Development Authority (BIDA) to make it is more sophisticated and investment-friendly. As part of reinforcing the investment promotion agency, the government is amending the BIDA Act which was passed sometime in 2016. The amendment is now in the final stage of approval by the ministry concerned. The amendment,…