Entries by kmars

JS passes One Stop Service Bill

JS passes One Stop Service Bill The Jatiya Sangsad yesterday passed the ‘One Stop Service Bill, 2018’ in an amended form aimed at ensuring regulation activities to raise investment and business in the country. Agriculture Minister Begum Matia Chowdhury piloted the bill in the House and said it would ensure regulation activities to raise investment […]

Gazette to be published within 3 days: minister

Gazette to be published within 3 days: minister The gazette notification for the wage board for garment workers would be published within three days, which would pave the way for a rise in their salaries, said the state minister for labour and employment yesterday. Md Mujibul Haque said the law ministry has already vetted and […]

SMEs should get more attention: experts

SMEs should get more attention: experts The government should take measures for the development of the small- and medium-sized enterprises to help Bangladesh become a middle-income country, said speakers at an event yesterday. SMEs are playing a major role in generating employment so the government will have to give attention to the sector, said Mosharraf […]

Keep tax structure predictable

Keep tax structure predictable The country’s apex trade body has urged the revenue authority to avoid issuing gazettes out of the blue as it affects investors’ confidence. “Businesses should be engaged before bringing in any change to rules,” said Md Shafiul Islam Mohiuddin, president of the Federation of Bangladesh Chambers of Commerce and Industry. Unpredictable […]

Bill passed to offer one-stop service to businesses

Bill passed to offer one-stop service to businesses Parliament yesterday passed “One Stop Service Bill, 2018” aiming to ensure business-friendly regulations and increase investment. Agriculture Minister Matia Chowdhury placed the bill before it was passed by voice vote with Deputy Speaker M Fazley Rabbi Miah in the chair. Placing the bill, Matia said it was […]

Make competition commission functional: analysts

Make competition commission functional: analysts Consumers in Bangladesh have failed to reap the benefit of fair prices of commodities because of a lack of a functional competition commission, analysts said yesterday. They spoke at a workshop on “Competition commission for economic growth and fair price” jointly organised by the Bangladesh Competition Commission, the South Asian […]

NBR to hire firm for info on money laundering

NBR to hire firm for info on money laundering The National Board of Revenue is set to hire a global accounting firm to gather information on illegal fund transfers from Bangladesh, said its Chairman Md Mosharraf Hossain Bhuiyan yesterday. Bhuiyan, however, declined to disclose the name of the firm. “Let us sign an understanding agreement […]

Costs treble for 8 revised projects

Costs treble for 8 revised projects The Ecnec yesterday approved eight revised projects with the cost increasing three times compared to the original estimate. The projects’ cost increased to Tk 6,416 crore from Tk 2,008 crore, according to the planning ministry documents. Prime Minister Sheikh Hasina attended the meeting of the Executive Committee of the […]

ECNEC approves 11 projects worth Tk 7,4234cr

ECNEC approves 11 projects worth Tk 7,4234cr The Executive Committee of the National Economic Council (ECNEC) accredited 11 improvement tasks involving Taka 7,423.72 crore. The approval got here from ECNEC meeting held at the NEC Conference room in Dhaka’s Sher-e-Bangla Nagar vicinity with ECNEC Chairperson and Prime Minister Sheikh Hasina on the chair. After the […]

Ecnec approves 14 projects worth Tk18,483cr

Ecnec approves 14 projects worth Tk18,483cr Prime Minister Sheikh Hasina presides over the 15th Ecnec meeting of the current fiscal year at the NEC conference room in Dhaka’s Sher-E-Bangla Nagar on Tuesday, January 16, 2018  Of the projects, nine are new and five are revised The Executive Committee of the National Economic Council (Ecnec) on […]