Extend tenure of trade licences to 5 years: MCCI

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Business Desk :
The Metropolitan Chamber of Commerce and Industry (MCCI) on Saturday urged the government to extend the tenure of trade and other licences to at least five years from the existing one year in a bid to reduce the cost of doing business and eliminate hassles. “It will ease the process of doing business,” said MCCI President Md Saiful Islam at a briefing at his office in Dhaka.
The entrepreneur said businesses get trade licences quite easily from city corporations but face hassles in getting licences from the offices in the field levels, particularly from union parishads.

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