• Tuesday, September 23, 2014

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Commerce Minister Tofail Ahmed

Govt to consider CIP status for top taxpayers: Tofail

TAX FAIR 2014

Govt to consider CIP status for top taxpayers: Tofail

The government will consider awarding the status of Commercially Important Person (CIP) to the highest taxpayers, Commerce Minister Tofail Ahmed said today. The minister came up with the assurance in response to a proposal placed by National Board of Revenue (NBR) Chairman Ghulam Hussain on behalf of the taxpayers, who pay their tax regularly. The...

Cut non-tariff barriers, Tofail asks India

Cut non-tariff barriers, Tofail asks India

Commerce Minister Tofail Ahmed yesterday called upon India to reduce non-tariff barriers and enhance connectivity with Bangladesh to boost bilateral trade between the two neighbours. The minister said Bangladesh is also opening up its market through regional connectivity. “India should come forward to increase it too.” “We are liberal. We are highly connected with India....

Tofail calls Tarique 'black sheep'

Commerce Minister Tofail Ahmed yesterday came down hard on BNP Senior Vice-chairman Tarique Rahman, calling him “black sheep” for his recent comments on the Awami League and the assassination of Bangabandhu Sheikh Mujibur Rahman. “No one in Bangladesh will believe that the Awami League is a party of black sheep. Only a black sheep can utter such words,” he told reporters at his secretariat office. Tarique's father was one of the persons who had saluted Bangabandhu. Bangabandhu had shown mercy to Ziaur...

BGMEA asked to form emergency fund

BGMEA asked to form emergency fund

Commerce Minister Tofail Ahmed yesterday suggested Bangladesh Garment Manufacturers and Exporters Association form an emergency fund to handle precarious situations like the Tuba Group workers' payment crisis. “It is my suggestion to the BGMEA to form the fund to face any emergency," Ahmed said at a press conference at the BGMEA office following the completion of payments to Tuba Group workers. The association yesterday distributed the salaries and overtime allowances of 1,417 workers of Tuba Group on behalf of its owner Delwar Hossain. Hossain sold off his land and machineries to arrange the Tk 1.4 crore that was needed. Ahmed also came down heavily on former commerce adviser Hossain Zillur Rahman for...

Tofail slams US Congressmen

Commerce Minister Tofail Ahmed yesterday criticised six US Congressmen who in a recent letter to Prime Minister Sheikh Hasina expressed concern over alleged intimidation and harassment of labour activists in Bangladesh. “Sending such a letter to the Prime Minister is indecent. I hope they [the Congressmen] will not interfere in our internal affairs,” the minister told reporters after a meeting with US Ambassador Dan W Mozena at his secretariat in Dhaka. “Still, I am sending letters in a couple of days...

REHAB seeks steps to boost secondary real estate market

Realtors yesterday demanded cuts in registration tax on sales of used flats to inject some life into real-estate business. Registration costs of both new and used flats are the same, although the prices of apartments vary considerably between the two. As a result, the customers feel discouraged to purchase the used flats. “So, we want to develop a secondary market in the country for real estate, like the secondary car sales market,” said Alamgir Shamsul Alamin, president of Real Estate and Housing...

IndustriALL draws ire from Tofail

Commerce Minister Tofail Ahmed yesterday accused IndustriALL Bangladesh Council of acting against the country's interests by secretly writing to the US that garment workers are being harassed here. Without naming the organisation, Ahmed said: “This organisation has written that garment workers are harassed and repressed in Bangladesh.” The minister, however, said Nazrul Islam Khan, a senior leader of BNP, and Roy Ramesh Chandra, a former senior leader of Sramik League, are respectively the chairman and secretary general of the organisation. “They sent...

TCB to sell essentials in Ramadan

The government will sell essential commodities across the country at subsidised rates before and during the fasting month of Ramadan to keep the prices stable, Commerce Minister Tofail Ahmed told parliament yesterday. Replying to queries from a band of lawmakers, he said Trading Corporation of Bangladesh would sell essentials at different parts of the country using 174 trucks. In a scripted reply, Tofail said TCB allocates sugar, lentil and edible oils to its 3,032 appointed dealers at least once a month...

Qatar keen to invest in energy sector

Qatar, one of the richest Gulf States, has expressed interest to invest in Bangladesh's energy sector and to build a liquefied natural gas (LNG) terminal. Qatar Prime Minister Abdullah bin Nasser bin Khalifa Al Thani conveyed it to Commerce Minister Tofail Ahmed during a meeting on Monday night on the sidelines of a three-day Doha Forum being held at the Ritz Carlton Hotel in Doha from the day. The premier also assured the Bangladesh commerce minister of hiring more Bangladeshis as...

Tofail asks Accord to pay workers of closed factories

Commerce Minister Tofail Ahmed yesterday asked Accord, a platform of 150 clothing retailers and brands mostly from Europe, to pay half of the salaries of the workers who lost jobs temporarily due to factory inspection. The instruction came as Alliance, another such panel of 27 US retailers and brands, has started doing the same. The minister was briefing reporters after a meeting with the officials of Accord, Alliance, Bangladesh Garment Manufacturers and Exporters Association and other stakeholders, at his secretariat in...

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