Car imports surged in the just concluded fiscal year thanks to reduced import tariff and release of pent-up demand among the country's middle-class amid the economy's gradual recovery from Covid-19.
Md Habib Ullah Dawn and Mohammed Shahidul Islam have been elected uncontested as president and secretary general respectively of the Bangladesh Reconditioned Vehicles Importers and Dealers Association (Barvida) for a two-year term.
Md Habib Ullah Dawn and Mohammed Shahidul Islam have been elected uncontested as president and secretary general respectively of the Bangladesh Reconditioned Vehicles Importers and Dealers Association (Barvida) for a two-year term.
The National Board of Revenue (NBR) has suggested local entrepreneurs focus on capacity building to become more competitive rather than seeking government support over the coming years.