BSS, Dhaka

Bangladesh Bank (BB) has brought a major change to the foreign exchange regulation to give a further boost to the country’s growing ICT sector.
The change allows ICT firms and software developers remit US $10,000 per year for their business purpose without prior permission from the central bank.
A BB circular issued on Thursday said the ICT and software firms would remit the stipulated amount through authorized dealer (AD) for visiting abroad, participating in export fairs and seminars, establishing and maintaining offices abroad and importing raw materials, machinery and spares. [Read More]

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Source: The New Nation