However, 70.3 per cent had sought to do so in 2019.
In 2020, another 49.3 per cent believed that their operations will remain the same while 6 per cent pondered over going for retrenching.
Besides, 3 per cent wanted to shift to another country withdrawing investments, failing to bear the difficulties of the ongoing Covid-19 fallouts.
The 2019 JETRO Survey on Business Condition of Japanese Companies in Asia and Oceania was released on March 2021.
Over 300 companies are doing business in Bangladesh and the number has been rising in recent years due to continuous economic growth in the last decade.
Those expressing intent to expand business in Bangladesh cite growth potential and sales increases enabled through exports and the domestic market.
The relationship between Japan and Bangladesh is a trusted and time-tested one. Bangladesh became Japan's biggest recipient of the Official Development Assistance in 2020. Since the Covid-19 pandemic started more than a year ago, there has been a lot of talks and anticipation about Japanese businesses moving base to Bangladesh. In a series of high-profile interviews, The Daily
Matrade inks MoC with Japan External Trade Organisation 06 Apr 2021 / 21:24 H.
PETALING JAYA: Malaysia External Trade Development Corporation (Matrade) has signed a memorandum of cooperation (MoC) with Japan External Trade Organisation (Jetro) in Tokyo to further enhance trade promotion co-operation between Malaysia and Japan.
The MoC was signed during the second leg of Senior Minister and Minister of International Trade and Industry Datuk Seri Mohamed Azmin Ali’s trade and investment mission to Korea and Japan on Monday. The mission is the first trade and investment mission led by Azmin this year, which kickstarted on April 1 and will end on April 6.
Tuesday, 06 Apr 2021 05:27 PM MYT
International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said it is crucial to keep the government investment policies relevant, resilient and responsive to the evolving ecosystem. Photo by Hari Anggara
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KUALA LUMPUR, April 6 Malaysia is currently undertaking concerted efforts to review its existing policies and restructure its investment strategy to ensure that implementation of high-impact projects can be expedited.
International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali said it is crucial to keep the government investment policies relevant, resilient and responsive to the evolving ecosystem.
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