News

The exporters of the Information and Communication Technology (ICT) sector will get 10 per cent subsidy.

Bangladesh Bank (BB) issued a circular on Thursday announcing the subsidy for the exporters of software, Information Technology Enabled Services (ITES) and hardware from own factories or institutions.

BB also announced 15 per cent subsidy for exporters of the synthetic and fabric made shoes and accumulator battery.

But the subsidy will not be applicable to the exporters who produce their products in Export Processing Zone (EPZ), Economic Zone (EZ) and Hi-Tech Park (HTP).

According to BSS, the BB has asked the exporters of the products, made by hogla, paddy straw (Khar), and coconut fiber and sugarcane, to submit application within 60 days to authorities concerned for getting cash incentive.
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