Foreign direct investment rises in Bangladesh
2017-07-14 11:29:28 / Dhaka Int'l Textile& Apparel Accessories Exhibition
Bangladesh received $2.65 billion in gross inflows of FDI between July 2016 and May 2017, whereas the amount was $2.33 billion in the same period of the previous year.
The net inflow of FDI jumped 27.75 percent to $1.62 billion in the July-May period, according to data released by Bangladesh Bank on its website. Portfolio investment in the stockmarket jumped about six times to $324 million.
Finance Minister AMA Muhith has mentioned “political stability” as a factor behind the growth.
In his closing speech on budget in parliament on Jun 28, while discussing FDI, he said: “A stable political situation has created a positive impact.”
Trade deficit widened to $9.2 billion in the 11 months to May from $6.45 billion a year ago.
Bangladesh has imported goods worth $40.25 billion between July 2016 and May 2017, which is about 11 percent higher than in the same period of fiscal 2015-16.
On the other hand, exports rose 3.8 percent year-on-year to $31.05 billion in the July-May period.
Source From: bdnews24.com
More News
- Beware of Fraud and Impersonation CPPP / 2026-07-17 15:53:07
- Chan Chao International and Vietnam Exposition Center (VEC) Officially Sign MOU Hanoi International Electronics and Smart Manufacturing Exhibition / 2026-07-07 09:32:00
- Chan Chao International and Vietnam Exposition Center (VEC) Officially Sign MOU Hanoi Print Pack / 2026-07-07 09:31:07
- Foreign Buyer Incentive Program Now Open — Apply NOW! Taipei Int'l Industrial Automation Exhibition / 2026-07-03 17:25:03
- Don't Miss the Highlights at the 2026 Asia Healthcare & Medical Cosmetology Expo Asia Healthcare & Medical Cosmetology Expo / 2026-07-01 15:39:44
- Industrial Trend Express Report | Discover What’s Driving the Industry Forward Asia Healthcare & Medical Cosmetology Expo / 2026-07-01 15:39:28
- [Agenda Revealed] Exhibitor Showcase at Asia’s Leading Biotech & Healthcare Event Asia Healthcare & Medical Cosmetology Expo / 2026-07-01 15:38:34
- Booth registration for ATLife 2027 opens now! Assistive Technology for Life / 2026-06-29 09:31:55
- BIO Asia–Taiwan Exhibition 2026_Foreign Buyer Incentive Program BIO Asia-Taiwan Exhibition / 2026-06-26 13:44:19
- Look At my P.P.P.I.C Hanoi International Electronics and Smart Manufacturing Exhibition / 2026-06-19 10:29:21
- Look At my P.P.P.I.C Hanoi Print Pack / 2026-06-19 10:10:14
- Intelligent Asia Hanoi 2026 | TAIWAN SELECT — Electronics & Smart Manufacturing Hanoi International Electronics and Smart Manufacturing Exhibition / 2026-06-15 15:19:13
- [Register Now] 2026 BIO Asia–Taiwan Exhibition | July 16–19 BIO Asia-Taiwan Exhibition / 2026-06-11 19:30:32
- [Register Now] 2026 Asia Healthcare & Medical Cosmetology Expo | July 16–19 Asia Healthcare & Medical Cosmetology Expo / 2026-06-03 17:13:51
- FREE SHUTTLE BUS SERVICE FOR GROUP VISITORS TO EXHIBITIONS IN HANOI Hanoi International Electronics and Smart Manufacturing Exhibition / 2026-05-12 09:59:54
- FREE SHUTTLE BUS SERVICE FOR GROUP VISITORS TO EXHIBITIONS IN HANOI Hanoi Print Pack / 2026-05-12 09:57:44
- Get Ready for BTKG 2026 – Event Schedule Revealed! Bangladesh International Textile, Knitting and Garment Industry Exhibition / 2026-05-08 17:02:16
- BTKG 2026 Pre-show Press Conference Bangladesh International Textile, Knitting and Garment Industry Exhibition / 2026-04-25 20:34:34
- On-Site Activity - Halls Hunter Bangladesh International Textile, Knitting and Garment Industry Exhibition / 2026-04-23 15:37:15
- On-Site Activity - Post & Pour Bangladesh International Textile, Knitting and Garment Industry Exhibition / 2026-04-15 15:17:18