00:00Malaysian businesses and investors have mixed views about potential investment opportunities in Bangladesh,
00:07with the prevailing sentiment being one of caution.
00:10Federation of Malaysian Manufacturers President Soe Thien Lai
00:14said Malaysian investors were cautiously optimistic about business opportunities in Bangladesh.
00:20He said the country's low-cost labour, young workforce and global leadership in garment manufacturing
00:26are the primary attractions for investors.
00:29However, Malaysian International Chamber of Commerce and Industry Second Vice-Chairman Sean Chia
00:34said Malaysian investors were generally less than keen on exploring opportunities in Bangladesh.
00:40He said the garment and textile manufacturing sector is not ideal for Malaysian businesses as the field is oversaturated.
00:47Soe said poor infrastructure, labour conditions, skills gaps and compliance issues
00:53challenge Bangladesh's potential as a manufacturing hub.
00:56Last week, Bangladesh's Commerce Advisor Sheikh Bashir Uddin
01:00said the country is keen to boost bilateral trade and investment relations with Malaysia
01:05through the implementation of a free trade agreement.
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