Textile millers delay release of imported cotton over 2pc AIT
Textile mill owners show reluctance to release their imported cotton from ports, raising concerns about potential container congestion, which could further disrupt operations at major ports, including Chattogram and Beanpole, according to industry insiders.They also said the government has imposed a 2 per cent advance income tax (AIT) on the...
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HSBC named 'Bangladesh International Trade Finance Bank of the Year'
The Hongkong and Shanghai Banking Corporation Limited (HSBC) in Bangladesh has been recognised as 'Bangladesh International Trade Finance Bank of the Year' at the Asian Banking & Finance Wholesale Banking Awards 2025. This achievement is a testament to the bank's continued commitment to supporting Bangladesh's trade ambitions and delivering best-in-class...
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JBCCI stresses pvt sector's engagement
Japan-Bangladesh Chamber of Commerce and Industry (JBCCI) members have laid importance on the engagement of Bangladesh's private sector in the economic partnership agreement (EPA) negotiation between the two countries. They emphasised this after noticing the private sector's absence at the end of the sixth round of negotiations.The sixth round was...
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KOICA, RHD launch smart maintenance technologies for bridges
The Korea International Cooperation Agency (KOICA), in collaboration with the Roads and Highways Department (RHD), has officially launched the 'Capacity Development of Smart Maintenance Technology of Bridges under RHD' project, reports UNB.This USD 8.85 million initiative aims to modernise bridge maintenance systems through the integration of advanced digital technologies, ensuring...
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54 NEWLY RECRUITED OFFICERS JOIN ONE BANK
A total of 54 Special Cadre Officers and Cadre Officers (8th Batch) of ONE Bank PLC joined the bank recently. On this occasion, a daylong onboarding programme was held. Shabbir Ahmed, Managing Director (Current Charge), Abu Zafore Md. Saleh, AMD & Head of Islami Banking, John Sarkar, DMD, Company Secretary...
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