14May
21Apr
Bangladesh Eyes FTAs with Seven Countries, Two Blocs
Summary: In order for signing FTAs (free trade agreements) so as to perpetuate duty-free market access to Bangladeshi products, the government is giving consideration to seven countries and two blocs as prospective partners. Content: On Sunday, the commerce ministry broadcasted a time-based action scheme on favorable market...
28Mar
Move to recognize third party under RJSC
Summary: The government plans to put third parties under the Registrar of Joint Stock Companies and Firms (RJSC) Monitoring third-party participation in the registration process will help to prevent excessive fees from being charged and lower the cost of doing business, officials say. Officials stated the...
28Mar
The ILO defers decision on Bangladesh until November
Summary: The International Labour Organization ("ILO") has postponed a judgment on whether or not to take further action against Bangladesh. Conventions 87 on freedom of association and the right to organize were allegedly suspended in Dhaka. The complainants also urged establishing a commission of inquiry on...
28Mar
Provisions of Arbitration Act not applicable to arbitration seats in foreign countries, rules HC
Summary: Bangladesh's top court has ruled that the Arbitration Act does not apply in cases where the arbitration is held in a foreign country. Accom Travels and Tours Ltd sued Oman Air for Tk 780 million after its agreements with the airline were canceled by the...
12Mar
Universal Pension Scheme in 6-12 months
SUMMARY: Bangladesh to embark on the long-anticipated universal pension scheme within 6 months to 1 year which will be open to all save the public servants. The government chalks out to launch the universal pension scheme in order to maintain its pledge of providing a safe...
12Mar
Companies Act to be rewritten this year.
SUMMARY: The commerce ministry will be ameliorating the companies act this year in an effort to make it absolute and time-befitting. Tapan Kanti Ghosh, senior secretary to the commerce ministry, expressed that the former companies act had a deficiency in it as it prevented all the...
12Mar
Biggest FDI in the offing for Shipbuilding
SUMMARY: The government will soon embark on an alliance with foreign investors with the intent to lay the foundations of a shipbuilding facility. The government of Bangladesh is just one step away from attaining its colossal objective to construct a state-of-the-art shipyard with the biggest foreign...
22Feb
Appointment of our esteemed Head of Chambers as an arbitrator of SCIA
We are pleased to share the news that the Council of Shenzhen Court of International Arbitration (SCIA) has engaged our esteemed Head of Chambers, Mohammed Forrukh Rahman, as an arbitrator of SCIA and included him in the SCIA Panel of Arbitrators with a term of...
14Feb