12Sep
05Sep
Investment abroad needs BSEC ‘Nods’
Summary: Bangladesh Securities Zone and Exchange Commission has intervened in the parallel drafting rules by Bangladesh Bank and Bangladesh Investment Development Authority on a debatable consent by the offshore investors, albeit with some exceptions to the capital issue. Content: Equity investments are commonly used in our country. When money...
02Sep
Management of the digital commerce calls for the escrow service
Summary: With the instruction of the commerce ministry and Bangladesh Bank, some banks have already withdrawn the direct payment facilities into the bank account of E-commerce companies from their customers to abide by the guidelines of escrow service. Content: Since e-commerce had started in Bangladesh, the process of...
02Sep
Gazprom gets NoA to drill three Bhola wells
Summary: Russian energy giant Gazprom has obtained a contract by Bapex to drill three more wells at Bhola Island with a total cost of $77.18 million which is BDT 6.48bn Content: Russian energy giant Gazprom has obtained an NOA to carry out the drilling of three...
02Sep
Banks to submit monthly VAT info of non-resident taxpayers
Summary: In line with the decision of the NBR, the central bank has issued a notification to the scheduled banks to send the statements of Value-added Tax through the bank’s head offices within seven days of the following months. Content: As per the current mandatory requirement for any...
16Aug
Newsletter-Vol 1-2012
LAWS RELATING TO MARITIME LIEN AND MARITIME CLAIMS IN BANGLADESH A traditional maritime lien is a secured right in the “res", i.e., in the property of another (ordinarily the ship), which arises with the claim, without registration Or other formalities it; travels with the vessel even...
10Aug
Bangladesh Bank sets a new target on banks’ green, sustainable financing.
Summary: To implement the plan of Bangladesh Bank to disburse bank loans in green and sustainable financing, the Sustainable Finance Department has issued a circular on Aug 04. According to the circular, the basis for setting annual targets will be accomplished by adhering to more specific deductions...
10Aug
Cryptocurrency Trading, promotion and all kinds of operation is Illegal
Summary: The ongoing confusion over the legality of virtual currency has now been cleared out. Now, such virtual transactions are listed as crimes under the Foreign Exchange Act 1947, Anti-terrorism Act 2009, and the Prevention of Money Laundering Act 2012. Content: A cryptocurrency is a form of payment that can...
11May
SEMINAR ON LDC GRADUATION OF BANGLADESH & INTERNATIONAL LAW
International law usually falls into two categories. Public International Law and Private International Law. Public International law is the set rules, agreements, and treaties that are binding between countries. It generally comes from three sources: treaties, customs and general principles of law. Public international law...
10Aug