02Sep
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
Bangladesh Bank launches probe into stimulus loans
Summary: Probe into stimulus loans has helped the Central Bank to find many unproductive usages of the funds that were used in the packages. Apart from that, officials of eight departments of Banking Inspection (DBI) of the central bank along with its branch offices have been...
08Aug
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...
05Aug