Dhaka, Feb 18 (UNB) – Members of E-Commerce Association of Bangladesh (E-CAB) on Monday welcomed the Digital Commerce Gazzette-2019 terming it a ‘milestone’ for advancement towards digitisation of country’s business sectors and demanded extension of tax holiday for the sector.
They urged government to acknowledge all sorts of online business as e-commerce activities and demanded extension of vat-tax holiday considering e-commerce a priority sector. They also sought to keep the income tax at a minimum 0.1 percent for e-commerce enterprises.
They came up with the plea at a press conference on ‘Digital Commerce Gazzette-2019 and proposals about digital commerce in coming national budget’ arranged by E-CAB at the Jatiya Press Club.
President of E-CAB Shomi Kaiser urged the government to retain tax holiday for e-commerce enterprises in the upcoming budget of 2019-20 financial year.
“E-commerce will gain more popularity if tax-holiday is retained for the enterprises involved. Also, if any retailer trades online despite having shops outside virtual marketplace; it should also fall under e-commerce and be given the facility,” she added.
E-CAB General Secretary Abdul Wahed Tamal presented proposals from E-CAB for the upcoming budget of 2019-20 financial years.
He demanded change of current definition of ‘online product selling’ and inclusion of proper definition in current gazette.
‘It is indeed a appreciable initiative from the government to publish the policy as gazette in the shortest time. It will be considered as a milestone for e-industrialisation of the country,” said Tamal.
He further said that e-commerce has yet to gain public confidence despite its infrastructural development.
E-CAB put forward a set of proposals for rapid growth of country’s e-commerce sector which included allocation in budget for training of e-commerce entrepreneurs; annexing e-commerce with Information Technology Enabled Service (ITES) definition; vat exemption in renting out office and warehouse; reducing income tax to 0.1 percent and more.
E-CAB executive committee members and Local e-commerce entrepreneurs were also present at the event.
Munich, Feb 15 (UNB) – The Power Division of Bangladesh and Siemens of Germany on Friday initialed a joint development agreement for the construction of a 3600MW LNG power plant at Payra in Bangladesh.
The document was signed following a meeting of the Siemens CEO Joe Kaeser with Prime Minister Sheikh Hasina at Hotel Sheraton where Hasina is staying.
CEO of North West Power Generation Company of Bangladesh Khorshed Alam and Chief Executive Officer and Global President of Siemens Joe Kaeser signed the document.
Briefing reporters after the meeting, Foreign Sectary Md Shahidul Haque said the power plant is the initial part of the Siemens plan to come to Bangladesh in a big way to invest in health, education mobility and other sectors.
Foreign Minister Dr AK Abdul Momen, Principal Secretary Md Nazibur Rahman, Foreign Secretary Md Shahidul Haque, PM's press secretary Ihsanul Karim, Power Division Secretary Dr Ahmad Kaikaus and Bangladesh Ambassador to Germany Imtiaz Ahmed were present.
Later, CEO of German company Veridos Hans Wolfgang Kunz met Prime Minister Sheikh Hasina at the hotel.
Wolfgang informed the Prime Minister about the progress of manufacturing technologically-advanced e-passport for Bangladesh saying the company would be able to hand over the first batch of e-passport to Bangladesh authorities by June next.
The Veridos CEO said such e-passport is very much advanced in technological point of view and will be used only in two countries of the world -- Germany and Bangladesh. The passport is almost impossible to be forged.
Wolfgang Kunz expressed interest in data processing and other sectors, the Foreign Secretary said adding that the company has a plan to invest in a greater way in Bangladesh.
The Prime Minister welcomed the Veridos decision to invest in Bangladesh and technology transfer for setting up of a plant for the production of e-passport in Bangladesh.
She hoped that Bangladeshis will be able to operate the e-passport production plant by taking necessary training and produce e-passport for other countries.
Dhaka, Feb 14 (UNB) - A total of 29 Bangladeshi apparel, fabric and leather manufacturers took part in the four-day Texworld or Apparel Sourcing Paris that ended in Paris on Thursday.
Additional Commerce Secretary Tapan Kanti Ghosh visited the show and appreciated Bangladeshi entrepreneurs. Dilara Begum, Commercial Counsellor of Bangladesh Embassy in France, was also there.
Combined with Apparel Sourcing and Leatherworld, a total of 1,182 exhibitors participated in the February edition of the fair organised by Messe Frankfurt.
The fair recorded over 13,000 trade visitors worldwide. Visitors came from all over Europe with a large number of buyers from UK, France, Turkey, Spain, Italy and Germany.
Bangladesh had a national pavilion at Texworld or Apparel Sourcing with other national pavilions from Pakistan, Vietnam, China, Hong Kong, Taiwan, Korea, India and Turkey.
Bangladeshi stands were seen busy with trade enquiries and buyers from the USA, the UK, Turkey, Germany, France and other European and central Asian countries, said a press release.
xDhaka, Feb 13 (UNB)- Local electronics manufacturer Marcel started a nationwide ‘AC Exchange Offer’ giving customers a chance to exchange used or old air conditioners of any brand with the fresh AC of Marcel.
Under this offer, a customer will be able to purchase any model of air conditioners of Marcel by exchanging used AC of any brand. Customer will get 25 percent discounts from the regular price. This offer started on February 7 and will continue until March 31.
Besides, the guarantee period on the compressors of inverter technologies air-conditioners was extended by the Marcel authorities to 10 years from the previous 8 years. Customers are enjoying the 10 years guarantee on compressors of those Marcel’s inverter ACs that are purchased on or after the date of February 10, 2019.
Apart from these, all the customers of Marcel ACs are now getting free installation facility.
Dr Md Shakhawat Hossen, head of sales of Marcel, said the brand’s popularity was growing rapidly in the market.
The local brand always focuses on bringing the benefits of technology based appliances to each and every home of the country at reasonable rates and also providing best services, he noted.
Thus, Marcel announced AC Exchange Offer, 10 years guarantee on inverter AC compressors and free installation facility aimed at providing some extra benefits to the customers.
Sondip Biswas, head of AC Research and Development Department of Marcel, said they added latest technologies like inverter, ionizer and IoT based smart technologies in their ACs with the aim of providing the sophisticated and highest standard products to the customers.
Every air conditioner of Marcel is released in the market after obtaining quality control certification from international standard testing lab NUSDAT-UTS.
The inclusion of Ionizer technology in Marcel ACs keeps the room dirt and bacteria free along with cooling. The Smart and Inverter ACs of Marcel save up to 60 percent electricity, the company claimed.
Rust-resistant Golden Fin Color Technology is being used in condensers of Marcel ACs which ensures the longevity of the cooling product. Besides, accurate BTU and six-month replacement guarantee led Marcel ACs to secure the top choice of customers.
Dhaka, Feb 11 (UNB) – Ride-sharing service Uber on Monday announced the expansion of its operations in Sylhet.
The company is offering UberMOTO services in the city.
Bangladesh, currently the largest Moto market for Uber, is expected to contribute 25% of the company’s growth in the region in 2019.
“We are thrilled to launch our third city in Bangladesh, Sylhet, and be able to provide mobility options and flexible income opportunities to the people of Sylhet,” the company said in a statement.