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Finance minister AMA Muhith speaks at a consultative meeting organised by National Board of Revenue and Federation of Bangladesh Chambers of Commerce and Industry in Dhaka on Sunday. NBR chairman Md Nojibur Rahman and FBCCI president Abdul Matlub Ahmed were present, among others. — New Age photo Finance minister Abul Maal Abdul Muhith on Sunday […]

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Abul Maal Abdul Muhith. — New Age file photo Finance minister Abul Maal Abdul Muhith and businesspeople exchanged heated debates on implementation of the new VAT law at a budget consultative meeting on Sunday. At the FBCCI-NBR budget consultative meeting held at Bangabandhu International Conference Centre, a business leader threatened to go movement and take […]

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The Post and Telecommunications Division has asked mobile telecom operators to make it clear how they fix the retail price of internet bandwidth amid confusions over the pricing issue. The telecoms division sought the clarification from the operators in a meeting on adjustment of internet bandwidth price on Wednesday. The operators have been asked to […]

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The China Building Materials Federation has presented a plan to Bangladesh Investment Development Board (BIDA) offering $2 billion investment in the sector. BIDA says a 12-strong delegation met its Executive Chairman Kazi M Aminul Islam on Tuesday and expressed their interest. The chairman said they would get ‘one stop service’ in Dhaka. The Chinese side […]

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Oil giant Chevron has announced it will be selling its Bangladesh operations. In a statement issued on Monday, Chevron said it had ‘entered into an agreement’ to sell its wholly owned subsidiaries in Bangladesh to Chinese company Himalaya Energy Co Ltd. “Closing of the transaction is subject to the satisfaction of certain closing conditions,” it […]

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The International Finance Corporation (IFC), a sister concern of the World Bank, will invest US$1 billion in Bangladesh in next two years, said Finance Minister AMA Muhith. Emerging from a meeting with IFC Chief Executive Officer Philippe Le Houerou, Minister Muhith informed this to reporters at Washington yesterday, reports our staff correspondent. The organisation is […]

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The Rana Plaza collapse was a big blow to our economy, but we managed to learn a lot from it Iwas nearly forced into the BGMEA advisory board by my friend Atiqul Islam, former BGMEA president, to help him come out of the mess that was the Rana Plaza collapse and other relevant incidents. It […]

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Tim Worstall Property taxes, while not perfect, are at least a close approximation to the least bad of all taxes. They are economically efficient and possibly even morally just, as it will be the landlords paying this tax, not the tenants or renters The Finance Minister, AMA Muhith, has announced that there will be a […]

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The huge number of workers leaving Bangladesh for overseas job does not match with the remittance they send as most of them are unskilled and thus fall far behind the skilled workers sent by other countries. Bangladesh still lags behind the Philippines, Sri Lanka, Pakistan and India in terms of both sending skilled workers abroad […]

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The Bangladesh cricketers’ salary has been increased by more than 60 percent, along with the match fee The Bangladesh Cricket Board on Saturday in a meeting made the decision to meet the cricketers’ demand of increasing their salary. The cricket board also decided to double the price of the national team sponsorship rights. The current […]

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The National Board of Revenue managed to collect Tk 1,09,267 crore in the first eight months of the current fiscal year, which is only 54 per cent of the total target set for the entire fiscal year, according to the NBR data. The tax authorities will have to collect Tk 93,885 crore in the remaining four months […]

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The World Bank has pledged to extend $6 billion in credit to Bangladesh over next three years. Finance Minister AMA Muhith disclosed it to bdnews24.com after meeting the global lender’s Vice President for South Asia Region Annette Dixon at its headquarters in Washington DC on Thursday on the sidelines of the Spring Meeting of the […]

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