JETRO for lifting TT remittance limitation for import trade
234
DHAKA, April 24, 2021 (BSS) – Japan External Trade Organization (JETRO) has laid emphasis on lifting up the limitation of Telegraphic Transfer (TT) remittance for import trade to attract more Japanese investment in Bangladesh.
The organization observed that the limitation is hindering the import for increasing trade and investment in the country.
To this end, Deputy Secretary of the Commerce Ministry Mohammad Monir Hossain Hawlader said the government is considering the issue positively and necessary steps have already been taken in the draft import policy for 2021 to 2024 to make easier the TT remittance process for importing.
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Number of Japanese firms in Bangladesh up 4 times in 10 years
320
DHAKA, April 03, 2020 (BSS) – The number of Japanese companies operating in Bangladesh has increased around four times in 10 years as the government ensured better business climate for the foreign investors in the country.
A total of 321 Japanese firms are currently running their businesses in the country which was 83 in 2010, as per the Japan External Trade Organization (JETRO).
Talking to BSS, JETRO Country Representative Yuji Ando said Bangladesh is one of the major destinations for Japanese entrepreneurs and they are investing in different fields, including ready-made garments (RMG), textile, IT and infrastructure taking the advantage of competitive human resource and huge domestic market.
Number of Japanese firms in Bangladesh up 4 times in 10 years
BSS
3rd April, 2021 05:46:22
The number of Japanese companies operating in Bangladesh has increased around four times in 10 years as the government ensured better business climate for the foreign investors in the country.
A total of 321 Japanese firms are currently running their businesses in the country which was 83 in 2010, as per the Japan External Trade Organization (JETRO).
Talking to BSS, JETRO Country Representative Yuji Ando said Bangladesh is one of the major destinations for Japanese entrepreneurs and they are investing in different fields, including ready-made garments (RMG), textile, IT and infrastructure taking the advantage of competitive human resource and huge domestic market.