The government today approved a purchase proposal of two cargoes of liquefied natural gas (LNG) from …
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Most officials at Customs House Chattogram are not only performing their designated duties but also filling in for vacant posts for an acute shortage of workforce. This in turn is inevitably hampering the supervision of tax evaluation and monitoring of goods meant for import and export while exporters and importers …
Read More »When he was chief minister of the Indian state of Gujarat in 2011, Indian Prime Minister Narendra Modi kicked off an ambitious project to develop a financial hub in the style of Singapore or Dubai. The developers were tasked with transforming an expanse larger than New York’s Central Park into …
Read More »World stocks edged higher on Friday and oil prices recovered from bruising falls, after US President Donald Trump nurtured muted hopes of progress in U.S.-China talks while concerns over trade and the health of the world economy persisted. Trade tensions have roiled global markets this week with the MSCI All …
Read More »The overall interest rate spread in the country’s banking sector narrowed down slightly as commercial banks increased deposit rates while lending rates fell, officials said. The weighted average spread between lending and deposit rates offered by the commercial banks came down to 4.04 per cent in April 2019 from 4.15 …
Read More »The government mulls over increasing the cash incentive for exports by one percentage point as it looks to motivate exporters to leverage the sudden opportunities presented by the US-China trade war. Currently, 26 sectors are provided with cash incentives ranging from 2 percent to 20 percent of their export proceeds …
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The National Board of Revenue has extended the tax exemption facility till 2036 to the private sector power generation companies which will go into commercial operation between June 30, 2024 and June 30, 2025. The income tax wing of the revenue board on Tuesday issued a gazette notification in this …
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The government today approved a purchase proposal of two cargoes of liquefied natural gas (LNG) from BP Singapore Pte Ltd at a combined cost of more than Taka 1,850 crore, including advance income tax, amid continued efforts to ensure uninterrupted gas supply. The decision was taken at a meeting of the Cabinet Committee …
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