Bangladesh cuts AIT to 3%
Bangladesh’s government has reduced the rate of advance income tax (AIT) on the import of cement raw materials from five to three per cent, according to The Financial Express. T...
Bangladesh
411 posts · Page 23 of 42
Booming Bangladesh
This week, CemNet reported that MI Cement Factory in Bangladesh expects the domestic cement sector to grow by 10 per cent in 2019 and should also reach double-digit growth in 20...
Imports into Bangladesh fall in FY20-19
Imports of clinker and cement into Bangladesh fell from US$776m in FY17-18 to US$643m, according to the FY18-19 Financial Survey, released by the country's Ministry of Finance. ...
Cement export from Bangladesh falls in 5MFY19-20
Bangladesh's cement industry has earned an export revenue of US$4.08m during July-November 2019, compared to US$4.92m earned in same period last year. This translates a fall of ...
BCMA requests the removal of non-adjustable income tax
The leaders of the Bangladesh Cement Manufacturers Association (BCMA) have requested the waiver of an eight per cent non-adjustable advance income tax (AIT) imposed on imported ...
Metrocem appoint new Chief Marketing Officer
Khandker Ataur Rahman Rifat has joined as group chief marketing officer (CMO) of Metrocem of Bangladesh. According to company updates, he has 25 years of experience in the cemen...
Premier Cement's two new plants ready for trial operation
Bangladesh-based Premier Cement is on track to complete its expansion plans by March 2020. The project was first announced in 2017 on the back of a forecast surge in demand for ...
Bengal Cement signs agreement with Hyundai Development Co
Bangladeshi cement producer Bengal Cement Ltd signed an agreement with Hyundai Development Co to supply cement for the US$63m “Super-Specialised Hospital under BMSMMU” project o...
Cement export from Bangladesh continues to slide in 4MFY19-20
According to Bangladesh Export Promotion Bureau (EPB), Bangladesh's cement industry has earned an export revenue of US$3.18m between July and October 2019-20 compared to US$3.94...
Heidelberg Cement Bangladesh announces acquisition of ECBL & EPCL
Heidelberg Cement Bangladesh Ltd has informed the Dhaka Stock Exchange that the company's Board of Directors has approved the acquisition of 100 per cent of the shareholding of ...