Tax Incentives and Investment Conditions slide image

Tax Incentives and Investment Conditions

1.1 Country Overview (2/2) Geography and climate • Location: Southern Asia, bordering the Bay of Bengal, between Myanmar and India Climate: Tropical; mild winter (October to March), hot, humid summer (March to June); humid, warm monsoon (June to October) • Regions: 8 divisions • Capital: Dhaka • Major cities: Dhaka, Chattogram and Sylhet Political system and demographics . • • . Type of government: Parliamentary democracy Population: 166.7 million people Official language: Bengali Prominent Young population: Approx. 67% below the age of 35 Financial sector • • Central bank: Bangladesh Bank • Local currency: Bangladeshi taka (BDT) Stock exchanges: Dhaka Stock Exchange (DSE), Chittagong Stock Exchange (CSE) Banks: 61 scheduled banks, 5 non-scheduled banks and 35 non-banking financial institutions KPMG © 2023 Rahman Rahman Huq and KPMG Advisory Services Limited are entities registered in Bangladesh, and member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. Printed in Bangladesh. 5
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