Jagaran Chakma

Invest Bangladesh, the country’s apex investment promotion agency, has introduced an incentive scheme to encourage Bangladeshis at home and abroad to attract fresh foreign direct investment (FDI), seeking a cost-effective way to promote the country to overseas investors.

Bangladesh’s pharmaceutical industry may see some opportunities from the latest US tariff adjustment, but the immediate benefits are likely to be limited because the country does not currently manufacture many of the highly specialised medicines covered by the measure, industry leaders said.

In the coming weeks, biscuits and spices may start arriving in slightly smaller packets, while dealers and retailers of atta, maida and suji may receive lower commissions on each packet sold.

Bangladesh has been registering a gradual decline in foreign tourist arrivals over the last two years amid political turmoil, security concerns and inadequate infrastructure and services.

Bangladesh has approved imports of 150,000 tonnes of unrefined salt just weeks before the new domestic production season, raising concerns among farmers and refiners over the need for the purchases and their impact on local producers.

The move is expected to ease sourcing of inputs for manufacturers producing specialised apparel

Owners across Chattogram port’s logistics chain have begun raising charges and pressing for rate revisions after the latest fuel price hike, stoking fears of fresh cost pressure on businesses and exporters already struggling to compete internationally.

The latest fuel price hike will raise production, transport and energy costs across Bangladesh, putting further pressure on businesses, exporters and consumers already facing high inflation and weak demand, business leaders said.