Tech firms seek tax holiday extension Jannatul Islam
6th May, 2021 09:48:34
Tech entrepreneurs have urged the government to extend the tax holiday period to 2030 from the existing timeframe of 2024 in line with the national information technology policy to support the growth of Digital Bangladesh.
The business leaders also requested to issue tax exemption certificates in digital format to ease the return submission process.
Talking to the Daily Sun, IT sector trade body leaders have emphasized tax reforms to promote local products and services in the line with the national strategy to help the country become self-reliant in service development and product manufacturing.
BB allows e-CAB members to remit abroad $10,000 annually
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DHAKA, May 2, 2021 (BSS) – Bangladesh Bank (BB) today allowed members of the e-Commerce Association of Bangladesh (e-CAB) to remit abroad US$10,000 in a year each to meet their legitimate current expenses.
“To facilitate e-commerce trade in the country, it has been decided that Authorized Dealers (ADs) may allow annual remittance facilities of $10,000 or its equivalent to a member firm of e-CAB for meeting bonafide current expenses abroad through traditional banking channel or card channel. In this case, ADs may issue refillable international credit or pre-paid card with USD 2,000 to the nominated official of the remitter within the limit,” said a BB circular issued today.
Virtual B2B meeting week between Bangladesh, Malaysia begins
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DHAKA, April 20, 2021 (BSS) – A week-long virtual B2B meeting between ICT companies of both Bangladesh and Malaysia under the Tri-party Memorandum of Understanding (MoU), Bangladesh-Malaysia Chamber of Commerce and Industry(BMCCI), Malaysia Digital Economy Corporation (MDEC) and Bangladesh Association of Software and Information Services (BASIS), began on Monday.
With the hope of increasing the existing and creating new investment opportunities in the ICT sector, the virtual matchmaking meetings will continue till 29 April 2021, said a press release.
In this first phase of virtual B2B meetings, 18 Malaysian ICT companies and 35 Bangladeshi companies are going to have individual business matchmaking meetings over virtual video conferencing platform Zoom.
Virtual B2B meeting between Dhaka, KL begins
Business Desk :
A week-long virtual B2B meeting between ICT companies of both Bangladesh and Malaysia under the Tri-party Memorandum of Understanding (MoU), Bangladesh-Malaysia Chamber of Commerce and Industry(BMCCI), Malaysia Digital Economy Corporation (MDEC) and Bangladesh Association of Software and Information Services (BASIS), began on Monday.
With the hope of increasing the existing and creating new investment opportunities in the ICT sector, the virtual matchmaking meetings will continue till 29 April 2021, said a press release.
In this first phase of virtual B2B meetings, 18 Malaysian ICT companies and 35 Bangladeshi companies are going to have individual business matchmaking meetings over virtual video conferencing platform Zoom.
Introduction
In a speech before the Indian Parliament in 2007, then Japanese Prime Minister Shinzo Abe introduced the ‘Confluence of Two Seas’, a precursor to Tokyo’s Indo-Pacific policy framework. It referred to the linking of the Pacific and Indian Oceans to make a ‘Free and Open Indo-Pacific’; Abe named India as an anchor in such a vision.
To be sure, India-Japan relations date back to the decades after the Second World War. Their current partnership is increasingly featured as an important pole in Abe’s book,
Utsukushii kuni e (Towards a Beautiful Country: My Vision for Japan) where he writes that it would not surprise him if “in another decade, Japan–India relations overtake Japan–US and Japan–China ties.”