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Total output in entire Bangladesh economic corridor region likely to increase to $286b by 2050: ADB

The total combined output in the entire Bangladesh economic corridor region is expected to increase from $32 billion in 2020 to $286 billion by 2050 in the business induced scenario (BIS) due to the intervention.
Along the timeline, the total corridor region BIS output is expected to split off from the business as usual scenario output and gradually increase to become 1.4 times of the total corridor region business as usual output by 2030, and 2.6 times by 2050, said the Bangladesh Economic Corridor Development Highlights launched by the Asian Development Bank (ADB) at the Bangabandhu International Conference Center (BICC) in the capital today.

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Ex-MP of Jatiya Party dies in Lakshmipur road accident

LAKSHMIPUR:Former member of parliament (MP) of Jatiya Party Mohammad Ullah died after being hit by a speeding motorcycle on the Dhaka-Lakshmipur regional highway in front of Aliya Madrasah in the district town today.
Mohammad Ullah, 76, was a Jatiya Party MP from 1986 to 1988. He is the son of late Akkas Mia Hawlader of Banchanagar area of ??Lakshmipur town. He was the former president of the district Jatiya Party.

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EFDMS launched to boost VAT collection

The National Board of Revenue (NBR) today officially launched the Electronic Fiscal Device Management System (EFDMS) in a significant step towards enhancing transparency and expediting revenue collection in the country.
Private firm Genex Infosys Limited will oversee the implementation of this system across diverse business establishments, serving as a pivotal support for VAT collection within commercial enterprises.
The initial deployment of devices in Dhaka and Chattogram will enable seamless VAT collection from customers, alongside efficient storage and management. This endeavor will also streamline VAT returns for entrepreneurs. Notably, the system has been seamlessly integrated into NBR servers, facilitating direct oversight of VAT payments and collections.
The formal inauguration of the EFDMS was held today at the National Board of Revenue (NBR) Building in the capital Agargaon area.

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EC to appoint over 9 lakh polling officers for 12th JS election: secretary

Election Commission (EC) Secretary Md Jahangir Alam today said that the commission will recruit over nine lakh polling officers for the 12th Jatiya Sangsad (JS) elections to be held in late December this year or early January next year.
"Training will be imparted to these polling officials after announcing the election schedule," he told at a press briefing after an EC meeting at the Nirbachan Bhaban here with Chief Election Commissioner (CEC) Kazi Habibul Awal in the chair.
Training schedule for the officials to perform duty in the 12th parliamentary polls and other elections has been approved at the meeting, the EC secretary said, adding that training programme will begin from the first week of September this year.
Decision regarding preparing the panel for the polling officers will be taken later, Jahangir added.