The price of foreign goods sold to British consumers after the UK leaves the European Union could be as much as 27 percent higher as a result of new trade taxes, the British Retail Consortium has said.Read Full Story
Bangladesh intends to proceed with introducing a uniform 15 percent rate of value-added tax from July 1.Read Full Story
Bangladesh needs to implement revenue-raising reforms, including following through with the introduction of the new value-added tax, to increase public investment in critical infrastructure and strengthen social safety nets. Read Full Story
The International Monetary Fund has said that Bangladesh needs to urgently implement fiscal reforms to boost revenues.Read Full Story
The World Bank said in a recently released report that South Asia's rapid economic growth has not yet translated into significantly higher government revenue generation and improved fiscal balances.Read Full Story
The International Chamber of Commerce has released a new report that highlights a continuing trend in South East Asia in the hijacking of small coastal tankers by maritime pirates, with one attack reported every two weeks.Read Full Story
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