Despite opposition from businesses, Finance Minister AMA Muhith says a uniform 15 percent VAT will be applicable from next fiscal year.

Commerce Minister Tofail Ahmed says a council would be formed soon to boost business between Bangladesh and European countries.

Nitol Niloy Group Chairman Abdul Matlub Ahmad has been elected president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI).

West Bengal Chief Minister Mamata Banerjee proposed to form a joint business council for quick solution of disputes in bilateral trade and investment with Bangladesh.

A group of foreign diplomats called for a dialogue and compromise among rival political parties to bring an end to the deadly violence.

Protesting the loss inflicted on their businesses by the blockade, the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) last week had held a programme, where it presented figures on the economic loss of various sectors.