Bangladeshi businesses and their Singaporean counterparts discussed business prospects, trade, and investment opportunities between their countries at an international business networking event in Dhaka Wednesday.
They also spoke about how the firms of both countries can expand businesses for bilateral interests.
A delegation of the Singapore Business Federation (SBF), the apex business chamber promoting the interests of Singapore businesses in trade, investment and industrial relations, is now in Bangladesh to understand the country's investment climate.
To connect local businesses with global ones to boost bilateral growth and opportunities, Bangladeshi Charter Accountancy firm Howlader Maria and Co (HmAC) and, organised the event at a Dhaka hotel.
Maria Howlader, founder and CEO of HmAC, Soo Wei Chai, executive director of Global Business Division and Young Business Leaders Network of SBF, business leaders, chief executives officers of different companies, and business firms from both countries were present at the meeting.
Businesses from Singapore have great opportunities to invest in Bangladesh, including in information technology, pharmaceuticals and hospitality as the country offers attractive tax exemptions and other facilities, participants from local businesses said.
The Singapore delegation from multiple sectors shared their investment plans and tried to find out business opportunities in different sectors such as IT, agriculture, and construction.
They also said Bangladeshi businesses can also expand their businesses by investing in Singapore.
Thanking the participants from both Singapore and Bangladeshi business houses, Maria said, "The networking event represents how we feel about doing business in Bangladesh and matching business to business" for further growth and expansion.
Maria said Bangladesh has many inspiring stories of growth and development, with a strong track record of growth and development even amid rising global uncertainties.