12Oct
12Oct
Op-ed: Enactment of M&A Law
An op-ed of our esteemed Head of Chambers was published in the Editorial section of the Financial Express dated 12.10.21, stating as follows: "I am writing in response to your editorial, dated October 3, 2021, on the enactment of the merger and acquisition (M&A) of banks...
10Oct
Weak banks to merge after passage of Law: Finance Minister
Summary: Problem-ridden banks can be merged with the state-owned banks to keep them salvaged once after the law is passed. Content: A weak bank is one whose liquidity or solvency is impaired unless there is a major improvement in its financial resources, risk profile, strategic business...
10Oct
BSEC started rearranging the Market
Summary: Bangladesh Securities and Exchange Commission has started delisting and transferring the listed stock in the Stock Market and has been sending the over-the-counter companies to small capital platforms and alternative trading boards. Content: Bangladesh Securities and Exchange Commission issued a notification in 16th September in a Committee meeting...
03Oct
Massive factory Inspection will start this Month
Summary: A total number of 46,100 factories will go under inspection carried by 138 teams at the lead of BIDA, starting in the mid of this month. Content: There have been many tragic fires and the incident of building landslides in different times in the country recently caught...
03Oct
Quick power supply act gets a five-year extension
Summary: The Jatiyo Sangshad extended the tenure of quick power supply Act which allows a sweeping authority to bypass the existing legislation for quick implementation of projects in all types of energy and power sectors. Content: Previously, The Quick Enhancement of Electricity and Energy Supply Act 2010 was...
03Oct
Dhaka pins high hope on Dubai Expo
Summary: ‘Indomitable Bangladesh-Towards Sustainable Development’ puts high hope of brightening the image of the country along with promoting Bangladeshi products. Content: In the upcoming October, Bangladesh will showcase its 50 years of achievements at an international expo in Dubai. The expo is open to the world. This information...
28Sep
Capital machinery import falls for third year in FY21
Summary: Import of capital machinery into the country declined for three years in a row and the GDP to private sector investment ratio dropped significantly in FY21 apparently due to lack of investment-friendly environment in the country. Content: Businesses necessarily import capital machinery for the escalation of industrial...
28Sep
Honduras ratifies the United Nations Convention on International Settlement Agreements Resulting from Mediation
Summary: With the deposit of the instrument of ratification, effected on 2nd September, Honduras becomes the seventh state party to the 'Singapore Convention on Mediation ' which occurred shortly before the inaugural of UNCITRAL Academy. Content: The Singapore Convention on Mediation, formally the United Nations Convention on International Settlement...
12Sep