On April 4, the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) urged the government to pay attention to ensuring reasonable protection from customs tariffs for the sake of employment and promoting domestic industries, services and small and medium enterprises.
The apex trade body said at present, 2 percent tax at source is applicable on the supply of items such as rice, wheat, potato, onion, garlic, chickpeas, lentils, turmeric, pepper, maize, flour, flour, salt, edible oil, sugar, and all kinds of fruits among other items.
The reserves stood at $19.45 billion on March 27 whereas it was more than $41 billion two years ago.
FBCCI sits with different trade bodies to prepare budget proposals
The government should immediately form a separate fund for importers of essential goods so that they do not face any trouble in opening LCs
Six years ago, a perfectly healthy man in his 60s just left me and my children in a state of shock and emptiness.
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday expressed concern over ongoing political unrest centring the upcoming parliamentary elections in January.
The leaders of the Federation of Bangladesh Chamber of Commerce and Industry (FBCCI) have sought the cooperation of the central bank so that the interest rate on loans does not increase by a large margin.
Mahbubul Alam, the newly elected president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), has expressed his commitment to bolster trade and business in the country in the days ahead.
The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) has finally demanded exemplary punishment of those who looted banks in recent times in the name of loans.
The proposed 1.5 percent tax at source on export is 'absurd' and 'abnormal' as such a high rate might hamper the growth of local
Shop owners shut their enterprises for an hour in parts of the country including capital Dhaka pressing for keeping the provision of package VAT.
Despite opposition from businesses, Finance Minister AMA Muhith says a uniform 15 percent VAT will be applicable from next fiscal year.
Commerce Minister Tofail Ahmed says a council would be formed soon to boost business between Bangladesh and European countries.
Nitol Niloy Group Chairman Abdul Matlub Ahmad has been elected president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).
West Bengal Chief Minister Mamata Banerjee proposed to form a joint business council for quick solution of disputes in bilateral trade and investment with Bangladesh.
A group of foreign diplomats called for a dialogue and compromise among rival political parties to bring an end to the deadly violence.
Protesting the loss inflicted on their businesses by the blockade, the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) last week had held a programme, where it presented figures on the economic loss of various sectors.