5pc cash incentive on frozen fish export

The Bangladesh Bank (BB) announced on Thursday a cash incentive of 5.0 per cent for export of frozen fish. In a circular the central bank said exporters of frozen fish, including shrimp, would get the incentive against their shipments. The BB issued the circular in line with the government's decision of giving the 5.0 per cent incentive against all the shipments of frozen fish during the period from July 1, 2014 to June 30, 2015. The central bank also asked all authorised dealers to follow it accordingly. The BB so far offered cash incentives to 14 sectors covering over 150 goods and products against their export volume so that they can enjoy an additional competitive edge in the global market.    — BSS