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Bring social protection to the fore | The Daily Star


Bring social protection to the fore
Experts say at ICAB-ERF webinar on upcoming budget
The low-income group hit hard by the Covid-19 pandemic needs more focus from the government now. Photo: Star
Star Business Report
Star Business Report
The national budget for fiscal 2021-22 should focus on enhancing healthcare, social security, education, and employment in the country while also protecting its industrial units from the Covid-19 fallout, analysts say at a webinar yesterday.
Besides, the provision of stimulus funds for cottage, micro, small and medium enterprises should continue in order to help them weather the current economic crisis, they said. ....

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Salman F Rahman for relaxing foreign investment tax policy | Bangladesh Sangbad Sangstha (BSS)


Salman F Rahman for relaxing foreign investment tax policy
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Investment Adviser Salman F Rahman today stressed the need for easing tax
policy on foreign investment aiming to attract foreign entrepreneurs to
invest in the country.
foreign entrepreneurs raise their tax-related complications when they came up
with investment in Bangladesh,” he told a webinar here.
The PM’s adviser said the high-ups of the government are well-informed
about the tax-related problems and he hoped that the tax policy on foreign
investment would be made easy in the next budget.
Foreign Investors Chamber of Commerce and Industry (FICCI) arranged the
webinar on post COVID-19 forest investment. ....

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Business leaders expect recovery by mid-2021


Business leaders expect recovery by mid-2021
Several business leaders and entrepreneurs have expressed their hope that Bangladesh s economy will start to recover from mid-2021 after the Covid-19 vaccine arrives.
We expect the garments sector to recover from June 2021, said Rubana Huq, president of Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
With a vaccine already being disbursed in the UK and US, the Bangladesh government signed a trilateral deal with Beximco Pharmaceuticals and the Serum Institute of India for three crore doses.
The coronavirus fallout on businesses was the most memorable aspect of 2020.
Besides, the ongoing crisis has exposed the garment sector s vulnerability to forced closures and contract losses, Huq said. ....

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