11Nov
05Aug
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...
02Aug
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...
02Aug
Stability in supply-chain management seen worldwide, including Bangladesh, despite covid-19
Summary: To the surprise of many research scientists, focus on the social issues increased despite the fact that many companies had to retool supply chains and many struggled simply to remain in business in the lockdown. Bangladeshi companies, which had an established Supply chain Management Process,...
02Aug
Government publishes first-ever policy on Pharma-ingredient Makers
Summary: The tax authorities have recently made a move to offer tax holidays to the manufacturers of Active Pharmaceutical Ingredient (API) and laboratory reagent in line with the national API policy. Although, the tenure of the facility is yet to be decided. Content: API is the...
25Jul
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...
19Jul
Shipping rate of containers has skyrocketed and the shipping sector sees no relief before 2022
Summary: Prices to ship containers from Asia to the U.S. And Europe have gone high due to the disruptions across the supply chain that triggered bottleneck inland distribution and delays. The executives in the shipping industry expect this situation to remain for the rest of the...
15Jul
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...
13Jul
Genex Infosys makes an agreement with Edotco to offer IOT services
Summary: Genex Infosys has entered into a three-year agreement with Edotco Bangladesh Company to arrange for 360-degree internet of things (IOT)-based security solutions, including monitoring and theft protection. This service agreement is estimated to produce approximately BDT240mn in revenue per year upon full rollout, added the disclosure. Content: Genex Infosys...
13Jul