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FBCCI demands income tax return submission till Dec 31

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has urged the government to extend the time for submitting income tax returns till December 31, 2013. FBCCICurrently, the last date for submission of income tax return is December 1, 2013. A release of the apex trade body on Thursday said that there was no adequate response in income tax return submission so far, as political unrests hampered the activities of the businessmen. Besides, the last date for online registr...

DCCI to be pvt sector partner of WB

The Dhaka Chamber of Commerce & Industry (DCCI) will be one of the private sector partners of Water and Sanitation Program of World Bank (WB) at the Water Hackathon, App festival (Bangladesh Part) to be held in the mid of next January in Bangladesh. DCCI-logo DCCI has signed a deal to this effect on Monday with the Water and Sanitation Program-South Asia (WSP), World Bank, at the DCCI office in the capital. DCCI President and Chairman of Entrepreneurship and Innovation Expo Md Sabur Khan and Communications Specialist of WSP Mirva Moilanen signed...

BFEDA holds 20th AGM

The 20th annual general meeting (AGM) of Bangladesh Foreign Exchange Dealers’ Association (BAFEDA) for the year 2013 was held on Tuesday. Chairman of BAFEDA and CEO and Managing Director of Janata Bank Ltd, SM. Aminur Rahman presided over the meeting attended by the chief executives/ executives of 45 member banks of BAFEDA and executives of different banks. BAFEDAThe meeting reviewed the over-all situation of inter-bank foreign exchange market and noted with satisfaction that a stable and orderly situation prevailed in the inter-bank foreign exc...

Pol parties urged to keep export-import activities out of hartal

The political parties should ensure the smooth functioning of export-import and the supply chain, said Dr M Mojibur Rahman, chief executive officer of Bangladesh Foreign Trade Institute (BFTI). “I urge all the political parties to keep goods transportation system and other supply chain management system out of political programmes like hartal and blockade for the sake of the country’s economic development,” he said. The continuation of policy and political stability are a must for Bangladesh for its economic development, said the trade and investment expert. asia pacific report

If violence goes on, orders may shift to other destinations

If current spell of violence goes on in RMG sector, orders from international buyers may shift to alternative destinations and thus the country may also lose foreign direct investment (FDI), said  Dhaka Chamber of Commerce and Industry (DCCI). DCCI in a statement on Wednesday said, if this kind of violence is not stopped right now, it will affect the whole industry which will cause a serious damage to the country’s economy. DCCI  expressed its deep concern over the labour unrest and violence in the RMG sector that has been “taking a heavy toll” on the export earning apparel industry. DCCI-logo DCCI said recently the garment...

BGMEA requests Biswal to withdraw GSP suspension

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Sunday requested the US government to withdraw the suspension of GSP facility for Bangladeshi products in the US market. BGMEA President M Atiqul Islam made the request during a luncheon meeting with Assistant Secretary for South and Central Asian Affairs Nisha Desai Biswal in a city hotel today. Biswal was accompanied by the US Ambassador in Dhaka Dan Mozena and other US government officials, said a BGMEA release. The meeting continued for about 1.15 hours. bishwalThe BGMEA Presid...
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