Trade & Commerce

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    Reconditioned car importers seek depreciation up to 45pc

    Staff Correspondent | Updated at 11:18pm on June 22, 2017

    The Bangladesh Reconditioned Vehicles Importers and Dealers Association on Thursday demanded that the National Board of Revenue retain the rate of depreciation up to 45...

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    FBCCI seeks multiple VAT rates

    Staff Correspondent | Updated at 12:38am on June 21, 2017

    The Federation of Bangladesh Chambers of Commerce and Industry has demanded that the government should introduce multiple rates of VAT and increase the tax-free income...

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    Capital machinery imports surge 48pc in 10 months despite sluggish business

    Staff Correspondent | Updated at 11:35pm on June 12, 2017

    The imports of capital machinery increased by 48.10 per cent in the first 10 months of the current fiscal year of 2016-17, as against 12.24...

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    Ratification of amended APTA gets cabinet nod

    Staff Correspondent | Updated at 11:15pm on June 12, 2017

    The cabinet on Monday approved a proposal for ratification of the Second Amendment to the Asia-Pacific Trade Agreement, a preferential trade deal among countries of...

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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...

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    Trade deficit hits $8.17b in 10 months

    AKM Zamir Uddin | Updated at 10:19pm on June 05, 2017

    The country’s trade deficit is on course to surpass its previous record this fiscal year (2016-2017) as the deficit in the first 10 months of...

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    Businesses give mixed reaction to budget

    Staff Correspondent | Updated at 01:26am on June 03, 2017

    Business associations and trade bodies have expressed mixed reaction to the proposed budget placed before parliament for the financial year 2016-17...

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    Traders raise sugar, garlic prices to record highs

    Staff Correspondent | Updated at 10:40pm on May 30, 2017

    The prices of sugar and garlic have surged to record highs at Tk 82 a kilogram and Tk 400 a kg respectively in the city markets as...

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    India cattle trade ban to halt beef exports, lead to job losses

    Reuters . New Delhi | Updated at 10:56pm on May 29, 2017

    The Indian government’s ban on the trade of cattle for slaughter threatens $4 billion in annual beef exports and millions of jobs if the government...

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    EPB to propose $38b export target for FY18

    Staff Correspondent | Updated at 10:08pm on May 28, 2017

    The Export Promotion Bureau has set the export target (goods) at $38 billion with a 7.82-per cent year-on-year growth for the next fiscal year of...