News Watch (11-6-2018)

Govt to provide cash incentive on API export

The government has decided to provide a 20 per cent cash incentive against the export of locally-produced Active Pharmaceuticals Ingredients (API). This cash incentive will be given against the net FoB (freight on board) values of exported API from fiscal year 2017-18, a circular of Bangladesh Bank said on Sunday. — FE Report

Muggers kill bKash agent

Muggers shot a bKash agent to death and snatched a bag containing money from him in the city's Demra area on Sunday noon. The deceased was identified as Rashedul Islam, 28. — UNB