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Bangladesh Export Processing Zones Authority (BEPZA) signed lease agreement with two fully foreign-owned companies on Sunday. They will invest US$ 12 million to establish factories in Chattogram & Mongla EPZ. Including these two, BEPZA signed investment agreement with 12 companies with total proposed investment of US$ 125.21 million during the …

The Institute of Chartered Accountants of Bangladesh (ICAB) on Saturday in its budget reaction said achieving a growth target of 7.2 per cent will be “difficult but not impossible”.

The proposed budget for the fiscal year 2021-2022 has forgotten to take new poor, disadvantaged groups and informal sector mostly affected due to Covid pandemic on board, Debapriya Bhattacharya, convenor of Citizen’s Platform for SDGs, Bangladesh, said on Sunday.

The Bangladesh Telecommunication Regulatory Commision on Sunday for the first time imposed ceilings on prices of three slabs of broadband internet in the country.

The Chattogram Port Authority (CPA) will get 283.23 acres of land soon for developing the Matarbari port in a bid to enhance the cargo handling capacity of the country.

Finance minister AHM Mustafa Kamal on Friday said they would take more time to decide whether the current scopes for legalisation of undisclosed income on various sectors would be extended beyond June 30.

Terming the proposed budget for the next fiscal year a promising one, Bangladesh Chamber of Industries (BCI) on Friday said the government will face challenges while implementing it.

The government has proposed exemption in capital gain tax applicable at the time of transferring property to trust and Special Purpose Vehicle, and vice versa.

The prices of rice and soya bean oil increased on the kitchen markets in the capital Dhaka on Friday, a day after the announcement of the proposed national budget for the financial year 2021-22.

Despite the pandemic-induced slowdown, the government is set to place another challenging revenue target for the National Board of Revenue (NBR) for the 2021-22 fiscal.