Bonanza for RMG makers: govt cuts export, corporate tax The government has cut source tax on export earnings for readymade garment and other export-oriented sectors to 0.60 per cent from 1 per cent amid apparel makers’ hectic lobbying for the reduction. Corporate tax rate for apparel makers and exporters has
Read MoreBonanza for RMG makers: govt cuts export, corporate tax The government has cut source tax on export earnings for readymade garment and other export-oriented sectors to 0.60 per cent from 1 per cent amid apparel makers’ hectic lobbying for the reduction. Corporate tax rate for apparel makers and exporters has
Read MoreADB to provide $357m to develop power lines The Asian Development Bank (ADB) will provide $350 million in loan and $7.5 million in grant for a project to develop two power lines in support of Bangladesh’s national target of electricity for all by 2021. Economic Relations Division (ERD) Secretary Kazi
Read MorePrivate sector can help improve infrastructure: IDB president Islamic Development Bank President Bandar Hajjar yesterday stressed the importance of the private sector to improve the basic infrastructure in its member countries and achieve the Sustainable Development Goals (SDGs). Fifty-seven member countries of the IDB require $1 trillion per annum to
Read MoreIDB to enhance support for developing BD’s human capital Multilateral development financier Islamic Development Bank (IDB) is looking to enhance its support for Bangladesh in developing the country’s human capital. The world is now entering a new era- and this era is marked by huge challenges. If you look at
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