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,…
Private Industry and Investment Adviser to the Prime Minister Salman F Rahman on Wednesday said Bangladesh will attain double digit next year in the global ranking of ease of doing business. He made the remark at a virtual meeting for the launching of three new services on the Online One Stop Service Portal of Bangladesh…
As the whole world collectively is trying to fight Covid-19, intense, devastating, and perhaps irreversible losses are being incurred by the small and medium business enterprises and by entrepreneurs who, for example, just got their products from the prototype stage before getting into the market. Now, as countries are competing for finding the vaccine that…