Business

Amazon wants to get central bonded warehouse facility in Bangladesh

A delegation of the US-Bangladesh Business Council meets State Minister for Commerce Ahasanul Islam Titu
Amazon's wants central bonded warehouse facility in Bangladesh
State Minister for Commerce Ahasanul Islam Titu speaks at a press conference after a meeting with the visiting delegation of the US-Bangladesh Business Council, held at the commerce ministry in Dhaka today. Photo: Refayet Ullah Mirdha

American e-commerce giant Amazon wants to get central bonded warehouse facility to enjoy tax benefit in Bangladesh as part of efforts to improve its retailing business for domestic and international markets, State Minister for Commerce Ahasanul Islam Titu said today.

Amazon wants to increase its business through procurement of goods for its global supply chain, he said.

The US company will have to face taxes and duties if it increases its business in Bangladesh, the state minister said.

Amazon wants to get central bonded warehouse facility in Bangladesh

This is why Amazon is seeking central bonded warehouse facility, availability of which ensures reduced tax for the company, he said.

The state minister made the comments at a press conference after a meeting with the visiting delegation of the US-Bangladesh Business Council, held at the commerce ministry in Dhaka.

The delegation members include senior representatives from the globally-renowned companies like Meta, Chevron, Coke, Boeing and many others.

Comments

Amazon wants to get central bonded warehouse facility in Bangladesh

A delegation of the US-Bangladesh Business Council meets State Minister for Commerce Ahasanul Islam Titu
Amazon's wants central bonded warehouse facility in Bangladesh
State Minister for Commerce Ahasanul Islam Titu speaks at a press conference after a meeting with the visiting delegation of the US-Bangladesh Business Council, held at the commerce ministry in Dhaka today. Photo: Refayet Ullah Mirdha

American e-commerce giant Amazon wants to get central bonded warehouse facility to enjoy tax benefit in Bangladesh as part of efforts to improve its retailing business for domestic and international markets, State Minister for Commerce Ahasanul Islam Titu said today.

Amazon wants to increase its business through procurement of goods for its global supply chain, he said.

The US company will have to face taxes and duties if it increases its business in Bangladesh, the state minister said.

Amazon wants to get central bonded warehouse facility in Bangladesh

This is why Amazon is seeking central bonded warehouse facility, availability of which ensures reduced tax for the company, he said.

The state minister made the comments at a press conference after a meeting with the visiting delegation of the US-Bangladesh Business Council, held at the commerce ministry in Dhaka.

The delegation members include senior representatives from the globally-renowned companies like Meta, Chevron, Coke, Boeing and many others.

Comments

বড়দিনে চার্চে ব্যাগ নেওয়া যাবে না, থার্টি ফার্স্ট নাইটে আতশবাজি-ফানুস নিষিদ্ধ

খ্রিষ্টধর্মাবলম্বীদের সর্ববৃহৎ ধর্মীয় উৎসব বড়দিনকে ঘিরে নিশ্ছিদ্র নিরাপত্তা ব্যবস্থা নেওয়া হবে বলে জানিয়েছে ঢাকা মহানগর পুলিশ।

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