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Tax Exemption Phase-out for Economic Zones & Hi-tech Parks in Bangladesh: Investors and developers of private economic zones (EZs) and hi-tech parks are going to lose the 10-year-long tax waiver on their incomes from the next fiscal year as the government phases out exemptions.
FDI in Bangladesh: Foreign direct investments to Bangladesh snapped its rising trend in 2023, highlighting the nervousness outside investors face in pumping money into a country whose foreign exchange regime is experiencing one of its worst periods in recent times.
DHAKA, April 23, 2024 (BSS) - Standard Chartered Bangladesh recently arranged the first Indian Rupee (INR) denominated trade transaction for
Standard Chartered Bangladesh (SCB) has arranged the first Indian rupee (INR) denominated trade transaction to facilitate the import of Unilever Bangladesh Ltd (UBL), the largest multinational company operating in the fast-moving consumer goods (FMCG) sector.
Highlights: Unilever plans to buy land at Kalurghat to set up manufacturing plant It aims produce import substituted items Its imported items are shampoos, variants of Ponds, liquid detergents Unilever Bangladesh is a joint venture with the govt holding 39.25% stake Unilever Bangladesh is in talks to purchase a 20-acre industrial plot in Chattogram's Kalurghat as