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    Trade through Teknaf hit by Rohingya crisis

    Emran Hossain and Nurul Islam . Teknaf | Updated at 03:16am on December 11, 2016

    All businesses from and to Myanmar through Maungdaw has remain closed for almost two months in the wake of recent military crackdown on Muslim minority community Rohingya in the neighbouring country...

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    80pc consumers think their VAT payments don’t go to govt

    Jasim Uddin | Updated at 03:12am on December 11, 2016

    A high degree of mistrust regarding the value-added tax exits among consumers as most of them think that businesses, who collect VAT from consumers, do not deposit their VAT money to the government exchequer, according to a study conducted by the National Board of Revenue...

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    Japan ratifies TPP despite Trump’s opposition

    Agence France-Presse . Tokyo | Updated at 10:31pm on December 09, 2016

    Japan’s parliament ratified the Trans-Pacific Partnership free-trade deal on Friday, but it was largely viewed as an empty gesture owing to opposition by US president-elect Donald Trump...

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    Banks want to be subject to EU laws for 5yrs in post-Brexit deal

    Reuters . London | Updated at 10:29pm on December 09, 2016

    Large banks in Britain want the UK government to allow their industry to remain subject to EU laws for up to five years after Brexit, a move likely to enrage eurosceptics who want to break away from the bloc’s legal system as soon as possible...

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    BSEC opens fresh inquiry into RN Spinning rights share anomalies

    HM Murtuza | Updated at 10:27pm on December 09, 2016

    The Bangladesh Securities and Exchange Commission has formed a two-member probe committee to investigate alleged use of RN Spinning Mills Limited’s fund by two sponsor-directors and one sponsor shareholder of the company to subscribe its rights shares...

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    PM greets taxpayers, officials on National VAT Day

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 10:25pm on December 09, 2016

    Prime minister Sheikh Hasina on Friday greeted the taxpayers, value-added tax administration, officials and employees on the occasion of National VAT Day and National VAT Week...

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    Prices of potato, ginger rise

    Staff Correspondent | Updated at 10:22pm on December 09, 2016

    The prices of potato and ginger went up in the city’s kitchen markets while the prices of vegetables decreased slightly over the week ending Friday...

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    Banks cut rate to 10.03pc in Oct

    Staff Correspondent | Updated at 10:11pm on December 09, 2016

    Scheduled banks cut their rates of interest on lending further in October, the 22th month in a row, against the backdrop of the businesses’ persistent reluctance to borrow from banks amid a dull business situation in the country, said Bangladesh Bank officials...

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    India scraps wheat import duty, purchases may hit decade high

    Reuters . New Delhi/Mumbai | Updated at 11:09pm on December 08, 2016

    India on Thursday scrapped its 10 per cent import duty on wheat after droughts in the past two years depleted stocks and raised prices, a move that traders said could lift overseas purchases to their highest in a decade...

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    VAT week starts today

    Staff Correspondent | Updated at 11:06pm on December 08, 2016

    Value-Added Tax week starts from today aiming to create awareness among consumers about payment of the tax while purchasing VAT applicable goods and services and businesses to properly deposit it to the government exchequer...