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Huawei fully prepared for US government ban, will not be ‘beaten to death’

Huawei, the world's 5G technology leader, will not be "beaten to death" by the US government despite Washington's current efforts to blacklist and suffocate the Chinese high-tech company, said Ren Zhengfei, Huawei's founder and chief executive officer. Huawei is likely...

Manufacturers of plastic goods have demanded withdrawal of value added tax (VAT) imposed on the plastic items, except tiffin box and water bottle, in the proposed national budget for 2019-20 fiscal year.  Bangladesh Plastic Goods Manufacturers and Exporters Association (BPGMEA) made the demand at a meeting on Sunday, saying the decision to impose 5 percent VAT on common plastic goods will hit hard the manufacturing industry. The meeting, presided over by BPGMEA president Jasim Uddin, said it is not possible to apply VAT on the vendors of plastic goods who sell essential plastic items like plastic plate, mug, jug, dish, bucket and cover at villages through door-to-door visit.  “Currently, about 200 local small and medium enterprises are involved in the...

'No need to worry about expired medicines in market'

The Bangladesh Association of Pharmaceutical Industries (BAPI) does not see ‘any reason to panic’ at the news of drugs past their expiration dates being available in the market. "Drugs can expire in the stores and companies collect and destroy them...