JUNEASIA BUSINESS OUTLOOK9Saudi Arabian minister of investment Khalid A Al-Faliah and minister of economy and planning Faisal Alibrahim recently met Prime Minister Sheikh Hasina in Doha and offered to invest in various sectors in Bangladesh on a large scale.The two Saudi ministers said they want to invest in petrochemicals, diesel, jet fuel, fertiliser, major distribution centres and shipping lines in Bangladesh."Saudi Arabia wants to establish Bangladesh as a regional hub considering its geographical location as the country is in between South and South-East Asia. If we make it a hub, we can cover up Indonesia, Malaysia and more". Bangladesh foreign minister AK Abdul Momen quoted the Saudi ministers as saying."We see few issues as investors. Firstly, the stability (of the country), businessmen see whether it is stable, the future of investment. The present and future of Bangladesh is very good, and that is why we've taken the decision to strengthen relations with Bangladesh", they said. Hasina offered Matarbari and Paira sea ports and economic zones to Saudi Arabia for mutual benefits, media reports from Bangladesh said. NEWSROOMSAUDI ARABIA PROPOSES INVESTMENTS IN BANGLADESHToyota Motor Corporation announced on Friday that it will issue 100 billion yen ($740.5 million) in sustainable bonds.The world's largest automaker by sales said it would use the bond proceeds for R&D and capital investment in battery electric vehicles, fuel-cell electric vehicles, and their components, among other things.Toyota Motor Corporation (abbreviated Toyota) is a Japanese multinational automaker headquartered in Toyota City, Aichi, Japan. Kiichiro Toyoda founded it and incorporated it on August 28, 1937. Toyota is one of the world's largest automakers, producing approximately 10 million vehicles per year.Toyota Motor Corporation produces vehicles under four brands as of 2022: Daihatsu, Hino, Lexus, and the name brand Toyota. In addition, the company owns 20 percent of Subaru Corporation, 5.1 percent of Mazda, 4.9 percent of Suzuki, 4.6 percent of Isuzu, 3.8 percent of Yamaha Motor Corporation, and 2.8 percent of Panasonic, as well as stakes in vehicle manufacturing joint ventures in China (FAW Toyota and GAC Toyota), the Czech Republic (TPCA), India (Toyota Kirloskar), and the United States (MTMUS). TOYOTA TO ISSUE JPY 100 BILLION IN GREEN BONDS
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