Govt to consider reducing duties for cold chain equipment: Salman

Prime Minister's Private Industry and Investment Adviser Salman F Rahman on Wednesday said the government will consider taking necessary initiatives to reduce advance income tax (AIT), value added tax (VAT) tax deducted at source (TDS) and convenient duty for cold chain equipment. “Logistics is high-priority sector in the Industrial Policy. Cold

Beximco raises €32.5m from Dutch bank

Beximco Ltd has raised 32.5 million euros from Dutch financial institution ING Bank in order to expand its knit fabric facility, said a press release yesterday. The company will buy advanced German and other textile equipment through an exporter in Germany based on financing from ING Bank, with an insurance-backed cover