Eight Sectors to enjoy Advance Tax waiver Some eight sectors, including solar panel manufacturers and animal feed manufacturers, will enjoy exemptions from the payment of advance tax at the import stage. The advance tax is payable at the import stage and the importers are allowed to adjust or get refund
Read MoreUNGC, BRAC Bank join hands for sustainability of SMEs United Nations Global Compact [UNGC] has launched the first ever SME Toolkit Pilot Project with BRAC Bank Limited with a commitment to work together with all the stakeholders to ensure sustainability of SME businesses in Bangladesh. Global Compact Network Bangladesh [GCNB]
Read MoreIFIC Shohoj Account launched IFIC Bank on Saturday launched a new deposit product namely, IFIC Shohoj Account, according to a statement. Managing Director and CEO of the Bank, Mr. Shah A Sarwar inaugurated the launching ceremony in the IFIC Tower, Dhaka. With a slogan ‘Hisab Khuli, Agiea Choli’, this depository
Read MoreCiti Bank holds Innovation Day Bangladesh has recently organized an event titled ‘Citi Innovation Day 2019’. The event underlined innovation as the key problem solving tool for many day-to-day complex banking matters businesses face in Bangladesh. Attended by over 40 guests including clients, regulators, partners and key stakeholders, the event
Read MoreAppoint Ombudsman for Banking Sector With defaulters securing important positions in the government and corporate governance remaining extremely weak, it is not possible for the Banks to recover the huge volume of non-performing loans from defaulters, observed Economists, Bankers and Civil Society Members at a function in Dhaka Saturday. The
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