Bangladesh has the potential to grab a 12% stake in the global man-made fibre-based apparel market that will reach $375 billion by 2030, mainly cashing in on China's declining share, Dr MA Razzaque, chairman of the Research and Policy Integration for Development (RAPID), says. Apart from offering necessary policy incentives, for this, the government will also have to invest
Automation could have boosted tax receipts: NBR Star Business Report Star Business Report
Automating the tax administration could have accelerated revenue collection while enabling work from home amidst the pandemic, averting many losses, including of opportunities, admitted a top official of the National Board of Revenue (NBR) yesterday.
At least eight NBR officials and staff, including a commissioner, have so far succumbed to Covid-19 while discharging duties and many taxpayers have suffered too, informed NBR Member (Tax Policy) Alamgir Hossain.
The NBR needs to have an IT-based organisational infrastructure, he told a virtual members conference titled Policy Paper on Direct and Indirect Tax organised by the Institute of Chartered Accountants of Bangladesh (ICAB).
CMSMEs are soul of economy: Mannan
409
File Photo
DHAKA, Jan 12, 2021 (BSS) – Planning Minister MA Mannan today said cottage, micro, small, and medium sized enterprises (CMSMEs) are the soul of the country’s economy.
“CMSMEs are playing a vital role in the economy of Bangladesh,” he said while speaking as the chief guest at a webinar on “CMSMES In Bangladesh: Journey, Challenges and Future Direction” for Sylhet Division as a part of its REVIVE Project, said a press release.
Chairman of PKSF Dr Kazi Kholiquzzaman was the keynote speaker while Executive Director of Innovation Creativity and Entrepreneurship (ICE) Center and Associate Professor of the Dhaka University Organization Strategy and Leadership Department MD. Rashedur Rahman moderated the webinar.