The Bangladesh Export Processing Zone Authority (Bepza) has reported a significant surge in investment activity at its Mirsharai economic zone, with five foreign firms already commencing production and export operations.
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The Bangladesh Investment Development Authority (Bida) has expanded its online One-Stop Service (OSS) platform by integrating five new services from the Directorate of Registration, bringing the total number of available services to 142 across 47 government agencies.
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A United States trade delegation is set to arrive in Dhaka on Sunday for a two-day visit to discuss further reductions in tariffs on Bangladeshi exports, currently subject to a 20% duty in the US market.
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Small and medium enterprises (SMEs) across Bangladesh are facing a double setback, tight access to financing and weakening sales, as political instability, rising defaults, and persistent inflation weigh on the economy.
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The Government plans to complete the division of the National Board of Revenue (NBR) into two separate wings by December, Finance Adviser Salehuddin Ahmed confirmed on Thursday.
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Currently, under the bond facility, export-oriented enterprises can import raw materials and accessories duty-free, which are stored in bonded warehouses. However, if such imports are diverted to the local market, firms must pay the applicable duties.
