Are the foreign investors sensing a gradual improvement in the country’s business climate? Did the much-hyped four-day investment summit in April instil some confidence in foreign businesses to invest in Bangladesh now? These two questions seem pertinent in light of the data released by the central bank’for the third quarter of the past fiscal year (FY25) regarding foreign direct investment (FDI). It showed that the net inflow of FDI jumped significantly in the third quarter (January-March) of FY25.
The big jump is presented in the newspapers with various attractive headlines, as if something significant has happened. One daily writes: ”FDI hits 2-year high in Jan-Mar”; another heading goes like this: ”FDI surges despite…