Bangladesh Incepta and China Sinopharm will co-produce Vaccine

Summary:   Bangladesh is shortly to sign the tripartite MOU with Sonipharm of China to co-produce the vaccine within the next two months. There was a previous disappointment in the supply of sputnik of Russia and Astrazeneca of India due to the surge in their national emergence.   Content:   Bangladesh began...

OPEC, Allies agree to boost Oil Output as demand roars Back

Summary:  OPEC projects a systematic recovery for its crude this year and next, as the group has agreed on boosting oil output in demand since it was shattered in the pandemic. Producers will try to restore the capacity by increasing production by 400,000 barrels a day....

WEBINAR ON INFORMATION TECHNOLOGY LAW

The four pillars of Digital Bangladesh are Human Resource Development, Connecting Citizens, Digital Government, and Promotion of ICT Industry.  The third pillar involves the construction of digital portals & providing e-Services etc. The fourth pillar involves providing several IT services –financial services, call centers, healthcare,...

WEBINAR ON CURRENT TAXATION & FINANCE LEGAL ISSUES

Taxation  In the current financial year, the corporate tax rate structure has not been changed except that the tax for Non-Publicly Traded Companies is reduced by 2.5 percent and fixed at 32.5%. Some new industries are brought under the umbrella of tax exemption. Pension and gratuity...

Intel Is in Talks to Buy Global Foundries for about $30 Billion

Summary:  Intel Corp, plans to buy Global Foundries, which is one of the largest specialists in chip production by overtaking their big customer AMD for about $30 billion. Although, the biggest deal by Intel so far is the purchase of $15.4 billion of Altera Corp.in 2015. Content:  Intel Corporation...

Visa launches Islamic banking cards in Bangladesh

Summary: Visa, the pioneer in digital payment, announced the launch of a new portfolio of services for Bangladeshi customers in line with Islamic Banking principles on July 15. Customers will now be able to avail themselves the cards compliant with Islamic banking and get exclusive benefits...

BSEC set to close OTC market

Summary:   The Bangladesh Securities and Exchange Commission (BSEC) is evolving a working plan to abolish the Over-the-Counter (OTC) market to facilitate trading for the castoffs companies. The plan will be finalized within a short time which will shift some of the companies to the SME platform...
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