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Accounts With Tk One Crore and Above: Banks see deposit surge


The number of these accounts also rose to 71,346 last year from 62,710 in 2019.
The Daily Star talked to a number of bankers, tax officials and analysts, who pointed out that there is a strong link between the deposit growth and the opportunity given to whiten black money.
They also referred to the reduced scope for laundering money abroad amid the Covid-19 pandemic and also cap on investment in national savings certificates.
In the current fiscal year, the government gave the opportunity to whiten black money by declaring undisclosed wealth and income in tax returns upon payment of only 10 percent tax on the undisclosed amount without any questions about the sources of income. ....

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Huge scope for Japan-Bangladesh pvt sectors to engage in trade: foreign minister

Foreign Minister Dr AK Abdul Momen has said there is enormous scope for private sectors of Bangladesh and Japan to engage in trade and investment for mutual benefit. "We intend to conclude a Free Trade Agreement with Japan. These will create enormous scope for private sectors of the two countries," he said while addressing a webinar on 'Bangabandhu and Japan' held recently. ....

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Huge scope for Japan-Bangladesh pvt sectors to engage in trade, investment: FM-536977


Huge scope for Japan-Bangladesh pvt sectors to engage in trade, investment: FM
UNB
20th February, 2021 04:02:53
Foreign Minister Dr AK Abdul Momen has said there is enormous scope for private sectors of Bangladesh and Japan to engage in trade and investment for mutual benefit.
We intend to conclude a Free Trade Agreement with Japan. These will create enormous scope for private sectors of the two countries, he said while addressing a webinar on ‘Bangabandhu and Japan’ held recently.
With Japan, Dr Momen said, Bangladesh is now implementing a number of mega-projects for connectivity and power generation.
We are engaged in Public-Private Economic Dialogue for strengthening business and investment ties, he said adding that special Export Processing Zone is being set up in Araihazar for the Japanese investors. ....

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