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    Jul-Jan income tax Tk 3,775cr short of target

    Staff Correspondent | Updated at 10:29pm on February 20, 2017

    Income tax collection by the National Board of Revenue faced a shortfall of Tk 3,775 crore against the target in the first seven months of the current fiscal year due mainly to sluggish economic activities and declining interest rates of bank deposits...

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    US, Brazil urged not to slap duty on RMG made from their cotton

    Moinul Haque | Updated at 10:24pm on February 20, 2017

    The Bangladesh Garment Manufacturers and Exporters Association has proposed that the governments of the United States and Brazil should consider duty-free market access for the Bangladeshi readymade garment products which are made from cotton imported from the US and Brazil...

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    Jan imports up 34pc on int’l oil price hike

    Staff Correspondent | Updated at 11:37pm on February 19, 2017

    The country’s import payments registered a 34.54-per cent growth in January this year against the 5.04-per cent negative growth in the corresponding month of 2016 due to a rise in payments for petroleum products and some other commodities...

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    Energy, land shortage hindering textile sector investment: BTMA

    Staff Correspondent | Updated at 11:33pm on February 19, 2017

    Bangladesh Textile Mills Association president Tapan Chowdhury on Sunday said that the shortage of gas and electricity and scarcity of land were the major reasons for slow growth of investment in the textile sector...

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    Fahmida appointed new ED of CPD

    Staff Correspondent | Updated at 11:30pm on February 19, 2017

    Centre for Policy Dialogue research director Fahmida Khatun has been appointed the new executive director of the private think-tank with effect from March, said a news release on Sunday...

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    Global trade unions’ campaign about labour repression baseless: BGMEA

    Staff Correspondent | Updated at 11:28pm on February 19, 2017

    Bangladesh Garment Manufacturers and Exporters Association on Sunday claimed that there was no labour repression in Bangladesh’s readymade garment sector and the campaign of global trade unions against union repression was baseless...

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    56 get CIP status

    Staff Correspondent | Updated at 11:26pm on February 19, 2017

    Fifty-six businesspersons were on Sunday awarded as commercial important persons for their contribution to the country’s overall economy through setting up industries, creating employment and increasing national income in 2015...

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    B’desh may lose potential Chinese investment if climate not improved

    Staff Correspondent | Updated at 11:22pm on February 19, 2017

    A Chinese business delegation on Sunday said that Bangladesh might lose a huge number of potential investments from China unless investment climate in Bangladesh was improved...

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    FBCCI warns NBR about VAT law execution

    Staff Correspondent | Updated at 11:14pm on February 19, 2017

    The Federation of Bangladesh Chambers of Commerce and Industry has warned the National Board of Revenue that implementation of the new value-added tax act would be hampered if the unsettled disputes related to VAT measures are not immediately solved...

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    Indian IT industry faces Trump, automation challenges

    Reuters . Mumbai | Updated at 10:11pm on February 18, 2017

    Automation and the new US administration were the big unknowns at the Indian tech sector’s annual shindig this week, with machines threatening to take away thousands of jobs and concerns over possible visa rule changes in the key American marke...