News Clippings 02 January 2020 Contents Section 1 : Bangla News, Page-02 Section 2 : English News, Page-29 Section 3 : Foreign News, Page-49 Circulated to: DSE Readers Dhaka Stock Exchange Limited News Clippings Section 1 : Bangla News 2 News Clippings Daily Prothom Alo 02 January 2020 3 News Clippings Daily Prothom Alo 02 January 2020 4 News Clippings Daily Bonik Barta 02 January 2020 5 News Clippings 6 News Clippings Daily Bonik Barta 02 January 2020 7 News Clippings Daily Bonik Barta 02 January 2020 8 News Clippings Daily Samakal 02 January 2020 9 News Clippings Daily Samakal 02 January 2020 10 News Clippings Daily Nayadiganta 02 January 2020 11 News Clippings Daily Jugantor 02 January 2020 12 News Clippings Daily Janakantha 02 January 2020 13 News Clippings Daily Janakantha 02 January 2020 14 News Clippings Daily Janakantha 02 January 2020 15 News Clippings Daily Kaler Kantha 02 January 2020 16 News Clippings Daily Ittefaq 02 January 2020 17 News Clippings Daily Share Biz 02 January 2020 18 News Clippings Daily Share Biz 02 January 2020 19 News Clippings 20 News Clippings Daily Amader Shomoy 02 January 2020 21 News Clippings Daily Jai Jai Din 02 January 2020 22 News Clippings Alokito Bangladesh 02 January 2020 23 News Clippings Bangladesh Protidin 02 January 2020 24 News Clippings Bangladesher Khabor 02 January 2020 25 News Clippings Desh Rupantor 02 January 2020 26 News Clippings Desh Rupantor 02 January 2020 27 News Clippings Daily Inqilab 02 January 2020 28 News Clippings Section 2 : English News 29 News Clippings The Financial Express 02 January 2020 30 News Clippings 31 News Clippings The Financial Express 02 January 2020 32 News Clippings 33 News Clippings The Financial Express 02 January 2020 34 News Clippings Daily Star 02 January 2020 35 News Clippings Daily Star 02 January 2020 36 News Clippings Daily Sun 02 January 2020 37 News Clippings Daily New Age 02 January 2020 38 News Clippings Daily New Age 02 January 2020 39 News Clippings Daily New Age 02 January 2020 40 News Clippings Daily Observer 02 January 2020 41 News Clippings Daily Observer 02 January 2020 42 News Clippings Daily Independent 02 January 2020 43 News Clippings Daily Independent 02 January 2020 44 News Clippings Daily Dhaka Tribune 02 January 2020 Dhaka Customs posts 20% revenue growth in six months Tribune Business Report Published at 10:31 pm January 1st, 2020 Bigstock 'The earnings would have been more had the present Finance Bill not offered zero duty facility for parts used by the local mobile phone assembling companies' The Dhaka Customs House achieved above 20% revenue growth in the first six months of the current fiscal year, as it collected customs duty worth Tk2,218.49 crore during the period. The performance of the single customs house, out of six in the country, is much better than national average of revenue growth from customs duty, sources at the National Board of Revenue (NBR) have said. 45 News Clippings Officials concerned attributed the growth to post clearance audit, containing pilferage and strong monitoring by the authorities. “We have taken zero tolerance against tax evasion and under invoicing,” Md Moazzem Hossain, commissioner, Customs House, Dhaka, told Dhaka Tribune. He said post clearance audit also gave dividend in augmenting earnings from customs duty. According to data of Dhaka Customs, major imported items that contributed to huge revenue receipts include food products, clothing, capital machinery, telecommunication equipment and mobile phone sets. Customs officials said the earnings would have been more had the present Finance Bill not offered zero duty facility for parts used by the local mobile phone assembling companies. “The fiscal measures aimed at developing local telecommunication assembling sector weighed on revenue earnings of the government,” Moazzem said. He, however, said the local assembling industry was developing and many people were employed in the sector amid fiscal measures rolled out in the budget for 2019-2020. Asked, officials concerned at the customs house said customs duty generated from inbound international passengers was only around 1% of total yearly revenue from the customs house. The country has six customs houses. Around 90% revenue from import-level duties is generated through the houses, while the rest comes from land customs stations, according to NBR data. The NBR collected Tk20,649.41 crore from customs duties in July-October of the current fiscal year, leaving Tk7,799 crore shortfall against its target of Tk28,448.63 crore. However, the collection was only 0.09% higher than that of previous year. It was Tk20,631.67 crore in last year. The government set the target of collecting Tk92,340 crore from the sector in the FY2019-20, up by 16.26%. 46 News Clippings Daily Dhaka Tribune 02 January 2020 Finance minister: Now single-digit interest rate from April Tribune Desk Published at 11:39 pm January 1st, 2020 File photo of Finance Minister AHM Mustafa Kamal Courtesy It will initially be hard to implement the single-digit interest rate for all the sectors, he says Finance Minister AHM Mustafa Kamal has said the implementation of the proposed single-digit interest rate has been deferred by three months to avoid complications. "Hopefully, the single-digit interest rate -- highest 6% for deposit and maximum 9% for lending -- will now be implemented from April this year. The government has taken a tough stance about implementing this rate," he said while talking to reporters after a meeting of the Cabinet Committee on Public Purchase in Dhaka on Wednesday. 47 News Clippings He said all had been ready to implement the proposed 6-9% interest rate for the manufacturing sector from January 1, reports UNB. "But, during a meeting with bankers, it was discussed that if the proposal is implemented for only the manufacturing sector, it will create lots of complications as many industrial sectors will be left out of the benefit. "To avoid these complications, Prime Minister Sheikh Hasina wants to apply such single-digit rate for all kinds of banking loans. That is why we have given a three-month time for banks to get prepared to apply the rate for all the sectors," the minister added. He said all kinds of businesses -- from manufacturing to trading -- are contributing to the economy and therefore every sector should get the benefit of the single-digit interest rate. Mustafa Kamal said it will initially be hard to implement the single-digit interest rate for all the sectors. "But once it is implemented, the entire economy will largely be benefited." He also said banks pay 2-3% interest on deposits all over the world except a few countries like Bangladesh. "Even, in many developed countries, if you deposit money with banks, they will charge for such deposits instead of paying you interest," he said, adding that if the single-digit interest rate is not implemented, there will be no industrialisation. 48 News Clippings Section 3 : Foreign News 49 News Clippings The Financial Express 02 January 2020 50 News Clippings Daily Star 02 January 2020 51 .