MGI Enters Sanitaryware Market With Tk 300 Crore Investment in Bangladesh
MGI enters sanitaryware market with Tk 300 crore investment. New manufacturing facility for import substitution. Construction materials sector. Local production capacity.
63 news articles tagged with "Investment & FDI"
MGI enters sanitaryware market with Tk 300 crore investment. New manufacturing facility for import substitution. Construction materials sector. Local production capacity.
Runner set to manufacture BYD electric cars in Bangladesh. Major FDI in automotive manufacturing. BYD partnership. Local assembly. EV market. Non-RMG diversification.
Invest Bangladesh Authority formally begins journey Aug 23, merging BIDA+BEZA+PPPA. TBS traces 50-year history from 1972 nationalisation to 2026 consolidation. Invest Bangladesh Act gazetted Aug 20. Single platform for investors.
Bangladesh plans $2B equity fund in Hong Kong for equity investment (not a loan). Dollar, panda, samurai bonds also planned. Capital market revival. DCCI seminar. Finance Minister Khosru announces.
The Bangladesh government has adopted an investment-led economic strategy aimed at creating jobs, boosting production, and raising revenue without increasing tax rates. Finance and Planning Adviser Rashed Al Mahmud Titumir unveiled the model at the Bengal Delta Conference 2026.
The Foreign Investors' Chamber of Commerce and Industry (FICCI) has warned that Bangladesh must increase annual foreign direct investment nearly sevenfold to $15 billion by 2030 to sustain growth, finance infrastructure, and remain competitive after LDC graduation. Current FDI-to-GDP ratio of 0.29% is the lowest in the region.
Prime Minister Tarique Rahman has called upon foreign investors to expand their footprint in Bangladesh, pledging a business-friendly environment backed by policy reforms, legal protection, and government support. Addressing the FICCI FDI Conference 2026, he pledged to build a $1 trillion economy by 2034.
Pubali Bank CEO Mohammad Ali confirms discussions with SCB, joining BRAC Bank and City Bank in the race for the foreign lender's retail business. SCB's wind-down expected to take until 2028.
Pakistan's airspace denial delays uranium fuel shipment for Rooppur Nuclear Power Plant, pushing delivery to October 2026.
Bangladesh repaid $699 million in foreign debt in July-August while receiving only $295 million in assistance, with principal payments of $516 million and interest of $183 million.
Bangladesh's handset industry faces surging memory costs (70% rise since January), declining production (down 9.9% YoY), grey market competition, and NEIR enforcement uncertainty.
Bangladesh Bank issues Letters of Intent to five digital banks including bKash Digital Bank, Nova Digital Bank (Banglalink), and Boost Digital Bank (Robi), allowing them to begin preparations for fully online banking operations.