Dhaka, July 14 -- BANGLADESH needs to make progress in five key areas in the coming days to attract both domestic and overseas investments, as per a report of a local daily on the recommendations at the third resurgent dialogue. The five factors will further facilitate investment, promoting greater coherence between trade and investment policy, fine tuning incentives, a proper retention strategy and domestic-FDI linkage. The recommendations came in uncertain times; Covid-19 impact and policy implications for Bangladesh'.
Bangladesh has very strict foreign exchange control laws. Foreign Exchange Regulation Act 1947 (FERA) is the basic law in this regard and provides the legal basis for regulating certain payments, dealings in foreign exchan...