Cumilla Export Processing Zone (EPZ), established in 2000 to accelerate industrialisation, investment, employment, and exports, has emerged as one of Bangladesh’s leading industrial hubs. The zone now provides employment to approximately 50,000 people and has set a new record in exports during the 2024–25 fiscal year. Infrastructure and Growth Land Area: 267 acres Industrial Plots: […]

The Bangladesh Investment Development Authority (BIDA) has announced that applications for security clearances for foreign investors and their employees can now be submitted entirely online. This clearance is required in exchange for permission to work in Bangladesh. This service was officially launched on Wednesday, 1 October, allowing foreigners to apply directly through BIDA’s One Stop […]

The Bangladesh Bank has announced a simplification of procedures for foreign investors to open bank accounts. Under the new rules, Non-Resident Taka Accounts (NRTA) and Foreign Currency Accounts (FC Accounts) no longer need to be reported immediately to Bangladesh Bank. Banks are now allowed to submit the required information within 14 days of account opening. […]

The Bangladesh capital market has been experiencing a prolonged period of stagnation. While global markets declined during the COVID-19 pandemic, investor interest in Bangladesh’s stock market increased significantly, leading to a surge in Beneficiary Owner (BO) accounts. However, from mid-2021 onwards, the number of BO accounts began to decline. Despite a slight increase in some […]