Page 2 - Fair Electronics News Today

Twenty industries have been honoured with the “President’s Award for Industrial Development 2022” for their contribution to industrialisation, employment generation and overall economic development of the country. 

The National Board of Revenue (NBR) yesterday unveiled names of nine firms that paid the highest amounts in value added tax to the state coffer nationally in fiscal year 2020-21. 

South Korean electronics giant Samsung Electronics today launched a new line of televisions for the Bangladesh market through an event in Dhaka.

Samsung Electronics, a South Korean multinational electronics corporation, yesterday launched a new line of televisions in Bangladesh through an event in Dhaka.

The nascent mobile phone manufacturing industry in Bangladesh has been hit hard by the higher inflation, unprecedented dollar price hike, and increased value-added tax as their sales have plummeted amid belt-tightening by consumers. 

Refrigerator manufacturers and retailers in Bangladesh have come up with numerous offers to lure in customers ahead of Eid-ul-Azha, the biggest sales season for home appliances in the country.

The government is likely to hike value-added tax (VAT) on broadband internet and impose a 5 per cent VAT on handsets at retail in the upcoming budget, which will increase handset and internet prices from next fiscal year. 

Fair Electronics has won the "National Productivity and Quality Excellence Award 2022" as a recognition for their improvement in productivity and quality in the electronic manufacturing sector in Bangladesh.

Fair Electronics received National Productivity and Quality Excellence Award

The government has decided to levy VAT on those industries to make them more competitive in the market