R R Associates Associated Consultants

Bangladesh currently has over 300 Japanese companies. In 2019 survey, 70.3% Japanese companies are willing to expand in Bangladesh, which remains the highest proportion in Asia and Oceania.



The initiative co-hosted by the Prime Minister’s Office, IFC and JICA aims to generate investment leads from Japan

Around 200 Japanese companies have joined a webinar organized by Bangladesh to attract Japanese investments.

The ‘Dialogue to Drive Japanese Investments in Bangladesh’ was jointly organized by the Prime Minister’s Office, the International Finance Corporation (IFC) and Japan International Cooperation Agency (JICA) at 11am Wednesday.

The advantages and facilities available in Bangladesh were highlighted by top policymakers and Japanese businesses already working in Bangladesh. Japan’s Sumitomo Corporation, Marubeni Corporation and Honda have actively participated in the outreach effort.

“The strength and stability of our economy and our political leadership is undoubted. We are very grateful to be considered as a destination for more Japanese investments,” said the Hon’ble Prime Minister’s Private Industry and Investment Adviser Salman Fazlur Rahman MP in his opening remarks.

He urged Japanese businesses to take advantage of Bangladesh’s high corporate profitability, business-friendly policies, massive domestic market and strategic access to key markets across the world.

https://bizbd.net/2020/07/23/200-japanese-companies-join-bangladesh-webinar-to-drive-investment/

Gold hit a record high on Monday as increasing numbers of nervous investors sought a safe place to put their money.

Rising political tensions between the US and China joined the ever-present worries over the continuing coronavirus pandemic to boost the spot price to $1,944.92 an ounce,

Covid-19 cases have risen to more then 16 million globally.

Many investors shun gold as it doesn't pay dividends or interest rates but it tends to rise in troubled times,

Interest rates are currently near zero and dividend returns from companies are uncertain at best, with so many struggling.

So far this year, gold prices have risen 28%.

https://www.bbc.com/news/business-53555771