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BB announces 10pc subsidy for exporters of ICT sector

DHAKA, Feb 8, 2018 (BSS) - The exporters of the Information and Communication Technology (ICT) sector will get 10 percent subsidy for exporting software, Information Technology Enabled Services (ITES) and hardware.

Bangladesh Bank (BB) today in a circular announced the subsidy for the exporters who are producing products in their own factories or institutions.

In separate circulars, BB has also announced 15 percent 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).

In another circular, 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.