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Well thought-out investment planning helps raise economic growth: WB

BSS Well thought-out investment planning helps raise economic growth rates, increases competitiveness, offers new economic opportunities, and bolsters improvements in human capital, said a new World Bank report. The report addresses need to better understand current levels of infrastructure quantity and quality. The report presents data about infrastructure provision in three key sectors

‘Bangladesh: A suitable place for investment’

A Chinese entrepreneur Xu Xiaochu said Bangladesh is the most suitable place for investment for global enterprises as it has a large population and huge market potential. Xu Xiaochu, the chairman of China’s Yabang Investment Holding Group Company Limited said this in a recent function. “It is the most suitable place for investment for

Apple vendor eyes production shift to India

NEW DELHI: In a major relocation from China as part of global business’ effort for derisking of manufacturing bases by diversifying supply chains, a contract manufacturer for Apple is shifting six production lines looking forward to exporting around $5 billion worth of iPhones from India apart from catering to the

Google to invest $10 billion in India

Google will invest $10 billion in India over the next five to seven years with the aim of consolidating its position in the digital ecosystem of the world’s fifth-largest economy that is emerging as a battleground for global internet giants. Alphabet Inc-owned Google’s outlay for India — nearly double the $5.7 billion investment made

Country needs policy actions to overcome COVID-19 shocks: experts

BSS Speakers at a dialogue here yesterday said Bangladesh needs to quickly design and roll out policy actions and reforms on long-standing issues holding back private investment to effectively address the unfolding impact of COVID-led economic shocks. In order to boost the investment climate in the country to help stimulate recovery

Digital investing platform for women, Ellevest, expands into banking

Sarah Perez Ellevest, a company whose focus has been on closing the gender investing gap by way of a financial planning service aimed at women, is today expanding into banking. The company this morning announced a new membership plan which encompasses one-on-one financial and career coaching, member-only workshops and guides, personalized investing plans,

HONG KONG BUSINESSES EAGER TO INVEST IN BANGLADESH

A 24-member business delegation from Hong Kong, the highly prosperous special administrative region of China, has visited Bangladesh in quest of knowing investment opportunities as part of efforts under China’s Belt and Road Initiative. The delegation from the Chinese Manufacturers’ Association (CMA) of Hong Kong tripped to Bangladesh at the invitation

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