17Aug
07Aug
Docking of an 8.5-meter draft ship at Mongla Port for the very first time
Summary For the first time in the history of Mongla Port, an 8.5 meter draft ship arrived at Mongla Seaport following the dredging at the Pashur Channel and the Mongla-Ghashiakhali Channel being completed on the 4th of August 2023, mere days earlier. Content Since the opening of the...
07Aug
Additional time granted to Exporters for bringing home export proceeds
Summary According to the authority, The Central Bank of Bangladesh is willing to give a proposal by offering Exporters 210 days to repatriate proceeds from exported products. The initial purpose of this proposal is to make better competitiveness of Bangladeshi products in foreign markets, however, it’ll...
13Jul
SEMINAR ON VAT, TAX & CUSTOMS DISPUTES
VAT, Tax and Customs related legal disputes are complex & often require specialized knowledge. There are different forums available for resolution of disputes. One of the big challenges involving taxation matters is that the laws & regulations are constantly changing. Under the Finance Act 2023 a new...
28May
Upcoming Webinar organized by SARCO on “Arbitration in Bangladesh” to be held on 20th of June, 2023
The SAARC Arbitration Council (SARCO) has organized a Webinar titled: "Arbitration in Bangladesh: Navigating the Legal Landscape and key institutional developments" to be held on the 20th of June 2023, 3.00 - 3.30 pm (Bangladesh Time) to provide a holistic overview of the legal and...
28May
SEMINAR ON INFRASTRUCTURE CONSTRUCTION & ENGINEERING DISPUTES
Number of Complex construction disputes involving infrastructure projects are rising. Responsibility of the employer and the bidder and successful tenderer on conducting pre-bid feasibility study of the project site is often confusing as the tender document often do not clearly address the issue. If a major...
08May
BIAC and CLDP jointly hosted a seminar on International Commercial Arbitration
Summary: Arbitration is an expeditious and practicable methodology for resolving a commercial dispute. This is also a private strategy and out of the judiciary courts, Contemporarily, the Commercial Law Development Program (CLDP) and Bangladesh International Arbitration Centre (BIAC) cooperatively categorized a programme for International Commercial Arbitration....
08May
Arbitration that is reasonable and inexpensive is used to settle trade disputes more frequently than litigation.
Summary: Bangladesh's commerce sector is expanding day by day despite numerous disagreements that are occurring in between. Most businessmen use arbitration as a method of resolving any conflict that arises outside of court. Arbitration is favored as a faster and cheaper alternative to litigation. Content: A Bangladeshi company...
07May
HYBRID SEMINAR ON SHAREHOLDING, DIRECTORSHIP, CORPORATE COMPLIANCES & DISPUTES
Under the new Budget, the shareholding percentage has been amended for amalgamation. Now shareholders holding at least 75% (previously 90%) of the value of shares in the amalgamating company (which now includes foreign companies, where there is foreign shareholding in a Bangladeshi company) become shareholders...
25Apr