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    Mobile cos lament addl duties on smartphone, 4G equipment

    Staff Correspondent | Updated at 10:56pm on June 07, 2017

    Increased taxes on import of smartphone and capital machineries for 4G services would hamper mobile phone operators’ initiative to increase penetration, said Association of mobile phone operators...

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    New VAT measures to net in extra Tk 11,228cr

    Jasim Uddin | Updated at 09:43pm on June 07, 2017

    The National Board of Revenue has made a projection of generating around Tk 11,228 crore in value-added tax through budgetary measures in the coming fiscal year 2017-18 including implementation of the new VAT law...

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    Lawmakers demand for scrapping increasing excise duty on bank accounts

    Staff Correspondent | Updated at 01:48pm on June 07, 2017

    Lawmakers at the parliament on Wednesday demanded for scrapping increasing excise duty on bank accounts in the proposed national budget for...

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    Philippines bank BPI hit by glitch which debited accounts

    BBC | Updated at 12:08pm on June 07, 2017

    The Bank of the Philippines Islands says a major system glitch led to customers being hit by unauthorised money withdrawals and...

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    Bank, NBFI scrips extend market surge to 6th session

    Staff Correspondent | Updated at 10:49pm on June 06, 2017

    Dhaka stocks extended their winning streak to the sixth session on Tuesday as investors continued with optimistic purchasing of bank and non-bank financial scrips following prime minister Sheikh Hasina’s assurance on Sunday to reconsider disputed budget proposals...

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    Banks asked to display audio-visual presentation on genuine notes’ features

    Staff Correspondent | Updated at 10:45pm on June 06, 2017

    Bangladesh Bank has asked scheduled banks to display audio-visual presentation on the security features of genuine currency notes at different crowded places in the Dhaka city, divisional cities and Bogra town in this month of Ramadan to help people detect counterfeited notes easily...

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    Overseas investment at DSE doubles in May

    Staff Correspondent | Updated at 10:41pm on June 06, 2017

    The net overseas investment at the Dhaka Stock Exchange increased by 119 per cent or Tk 83.71 crore in May compared with that in the previous month as lower prices of scrips lured foreigners into investing on the country’s premier bourse...

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    Muhith rigid over excise duty on bank accounts

    United News of Bangladesh . Dhaka | Updated at 10:18pm on June 06, 2017

    Reaffirming his stance over keeping unchanged the proposed excise duty on bank accounts, finance minister AMA Muhith on Tuesday said there is nothing new in it as it has been increased slightly...

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    Compliant traders to get AEO status to conduct int’l trade

    Staff Correspondent | Updated at 10:13pm on June 06, 2017

    Compliant and trusted traders may get the status of authorised economic operator (AEO) for conducting international trade in a hassle-free and smooth way from the next fiscal year of 2017-18...

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    Export earnings growth sinks further to 3.67pc in 11 months

    Staff Correspondent | Updated at 10:00pm on June 06, 2017

    The country’s export earnings growth slumped further to 3.67 per cent in the first 11 months of the current financial year 2016-17 with the earnings expected to miss the annual target set by the government because of sluggish shipment of readymade garment products to major markets...