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Bangladesh News

ICC Warns Of Piracy Attacks Off South East Asia

by Lorys Charalambous,, Cyprus

Thursday, August 27, 2015

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


Bangladeshi FM Outlines 2015-16 Budget

by Mary Swire,, Hong Kong

Monday, June 8, 2015

Bangladesh's Minister of Finance, Abul Maal Abdul Muhith, delivered the 2015-16 Budget Speech on June 4, 2015, outlining a number of new tax measures. Read Full Story


IMF Supports Bangladeshi VAT From 2016

by Lorys Charalambous,, Cyprus

Wednesday, March 11, 2015

The International Monetary Fund said recently that Bangladesh's new value-added tax will significantly increase revenue while reducing compliance costs for businesses. Read Full Story


South Asian Territories Need Expanded VATs

by Mary Swire,, Hong Kong

Wednesday, January 21, 2015

In its recent Global Economic Prospects report, published this month, the World Bank has called on countries in South Asia to broaden the scope of their consumption tax regimes, including by removing tax breaks and raising rates. Read Full Story


China Offers FTA To Bangladesh

by Mary Swire,, Washington

Thursday, January 1, 2015

China is ready to finalize talks towards the signature of a bilateral free trade agreement with Bangladesh at an early date, Chinese Foreign Minister Wang Yi said at a recent meeting in Dhaka. Read Full Story


Developing Countries Meet To Discuss BEPS Push

by Ulrika Lomas,, Brussels

Monday, December 15, 2014

Officials from 14 developing countries met on December 10-11, 2014, to maximize the benefits their countries will derive from the Organisation for Economic Cooperation and Development's ongoing work on countering base erosion and profit shifting. Read Full Story


Report Charts Global Tax Rates On IT Goods And Services

by Mike Godfrey,, Washington

Thursday, October 30, 2014

The Information Technology and Innovation Foundation has released a new report that ranks 125 nations on the taxes and tariffs that they levy on IT goods, as part of the not-for-profit organization's efforts to lobby Governments for tax relief. Read Full Story


Better Tax Administration In South Asia Said Key To Development

by Ulrika Lomas,, Brussels

Friday, October 17, 2014

More efforts are needed to improve tax collection in countries in South Asia to address inequality, a new report from the World Bank says. Read Full Story


Introducing VAT Should Be Foremost Priority For Bangladesh

by Mary Swire,, Hong Kong

Friday, October 3, 2014

The International Monetary Fund has said that the introduction of an improved value-added tax regime in Bangladesh is facing delays, which could hold up the scheduled implementation of new legislation from 2015. Read Full Story


VAT Key To Boosting Bangladeshi Tax Revenues

by Mary Swire,, Hong Kong

Monday, July 7, 2014

The International Monetary Fund has said that further efforts are needed in Bangladesh to raise on a permanent basis the ratio of tax to gross domestic product, with particular importance placed on the introduction of a value-added tax. Read Full Story



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