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I welcome you all to the official website of the High Commission for the People's Republic of Bangladesh in Singapore.
As the High Commissioner of Bangladesh, it is a great pleasure for me that bilateral relations between Bangladesh and Singapore have made great progress in recent years. The two countries have long enjoyed positive and constructive relations. Singapore was the first South East Asian countries to recognize Bangladesh in 1972(February 12). We started with a Trade Commission in Singapore in 1973 that was eventually upgraded to a High Commission 1983. We have come a long way since then.
Increasing trade and investment with Singapore is a core objective in our relationship. Bilateral trade between the two countries now stands over S$1.7 billion. Singapore is also the 9th largest investor in Bangladesh with net investment exceeding US$lbillion. As of now, investment from Singapore is mostly concentrated in the areas of textiles and telecommunications. However, availability of cheap and skilled work force, legal protection for investors, liberal economic policies regarding repatriation of capital and profit, ease of setting up business, one stop service at the Board of Investment, tax holidays and other incentives are now attracting more investors from Singapore who have shown interests in the areas of infrastructure building, hospitality and service sectors, tourism, banking and finance. IE Singapore and Singapore Business Federation (SBF) in close co-ordination with Bangladesh High Commission are constantly updating the business houses in Singapore on trade and investment opportunities in Bangladesh.
Singapore is now home to around 90,000 vibrant Bangladeshis. First Bangladeshi professionals started to come to Singapore in the early seventies mainly to work as University and Polytechnic faculty members, Engineers, Mariners and Bankers. Then in the mid-eighties skilled and semi-skilled work forces started to arrive in Singapore in the construction and shipbuilding sectors in large numbers. With high quality workmanship and discipline, the demand of Bangladeshi workers is growing fast.
Over the last few years, several high level visits took place between the two countries. All these visits further cemented the friendly relations between the two countries.
The High Commission of Bangladesh in Singapore is committed to further strengthening of the bilateral political and economic relations by nurturing existing linkages and striving to build stronger bonds of cooperation, interaction and understanding between our two countries.
H.E. Kamrul Ahsan
High Commissioner for The People’s Republic of Bangladesh in Singapore |