ONE STOP SERVICE Star Business Report Star Business Report
Bangladesh Investment Development Authority (Bida) yesterday signed five memoranda of understanding (MoU) to deliver 17 more dedicated services on its website to fast facilitate investors with necessities to implement their projects.
The MoUs were inked with the Bangladesh Fire Service and Civil Defence, Directorate of Registration, Dhaka WASA, Bangladesh Telecommunications Company and Jalalabad Gas Transmission and Distribution System at the Bida auditorium in Dhaka.
Launched on February 24 in 2019, Bida s One Stop Service (OSS) web portal had been providing 41 information-related services until now.
The dedicated services are all part of ongoing reforms for Bangladesh to rise to a double-digit spot from the current three-digit one in the World Bank s ease of doing business index.
News Desk,
bdnews24.com
Published: 02 Feb 2021 02:50 AM BdST
Updated: 02 Feb 2021 02:50 AM BdST
Procter & Gamble, the world s largest fast-moving consumer goods company, has entered into an agreement with PRAN Group to manufacture its grooming products in Bangladesh. );
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PRAN has set up a new facility to manufacture razors for P&G at the Habiganj Industrial Park, which will be operated by Advanced Personal Care Limited (APCL), a sister concern of the leading Bangladeshi conglomerate.
The new facility was virtually inaugurated by Salman F Rahman, private industry and investment advisor to prime minister.
Salman said at the event that one of the cornerstones of Bangladesh government’s economic policy is to really develop the private sector.
news
No alternative to create entrepreneurs for building developed: BIDA chief The New Nation
Business Desk :
Executive Chairman of the Bangladesh Investment Development Authority (BIDA) Md Sirajul Islam on Sunday said there is no alternative to create entrepreneurs for building developed Bangladesh. Now, we are going to celebrate 50 years of our independence. Bangladesh is now a country of economic progress. The development of Bangladesh in the last 10 years is more than the previous 40 years, he said.
The executive chairman said this while speaking as the chief guest at a webinar titled, Entrepreneurship and Innovation organized by Prime Asia University in the city, said a press release.
Govt rolls out plans to boost FDI
Task force places 19
recommendations
Sohel Hossain Patwary
25th January, 2021 09:58:00
The government has outlined a plan of action to woo foreign investment to boost the country’s investment in the face of sluggish investment climate caused by the corona pandemic.
As part of the new action plan, the government-formed Investment taskforce has put forward 19 new recommendations for retaining existing investors, rebuilding investors’ confidence and attracting new investors.
Investment Taskforce and Bangladesh Investment Development Authority (BIDA) have made the recommendations in a report.
“Pandemic might have disrupted many investment opportunities but it has also opened up many horizons for emerging investment. Bangladesh has to promptly analyze the actions taken by the competitor countries for devising strategy by counteracting and seizing the impacts of the pandemic and supersede other countries in attracting and increasing FDI,” s
Monetary policy: time to be unconventional
The Bangladesh Bank headquarters in Motijheel, Dhaka. The central bank through its monetary policy statement provides a stance dealing with monetary targets, instruments and implementation. Star/file
Gone are the days of disagreement over aggregate demand management policy based on Keynesian approach or a fixed target on quantity of money supply following the monetarist approach .
In the wake of unprecedented time of Covid-19 pandemic, with fluid situations of vulnerability and uncertainty, time has come for an unconventional approach to the major public policies namely fiscal and monetary policies.
More so, for Bangladesh, which despite global experience of economic slowdown, has performed satisfactorily and aspires to march forward tackling the present external and internal shocks in economy.