28Sep
11Mar
HYBRID SEMINAR ON THE COMPOSITION OF BOARD OF DIRECTORS OF LISTED COMPANIES
The Bangladesh Securities and Exchange Commission (BSEC) is making an effort to improve corporate governance. The BSEC has created a pool of independent service providers to monitor general meetings of listed companies. This is being done to ensure that investors' rights are protected and that...
17Nov
The Central Bank of Bangladesh has simplified the import rule for industrial establishments.
Summary The Bangladesh Bank has made things easy for industrial imports by letting importers use a letter of agreement instead of a traditional letter of credit (LC). This directive intends to facilitate imports into designated economic zones, such as Export Processing Zones and Economic Zones. From...
23Mar
HYBRID SEMINAR ON THE CONVENTION ON INTERNATIONAL SALES OF GOODS
The United Nations Convention on Contracts for the International Sale of Goods (CISG) is considered one of the core international trade law conventions, universally desirable for adoption. Presently, 97 countries, including the USA (1988), Germany (1991), Denmark (1990), most EU countries, Japan (2009), Russia (1991), Australia,...
14Sep
Bangladesh garment industry short on cotton as floods worsen protest backlog
Summary: One of the largest centers of the world's apparel industry, Bangladesh, is experiencing a backlog in orders due to recent political unrest, making it more difficult for garment manufacturers there to fulfill orders on time due to floods that interrupts their cotton supplies. Context: Bangladesh exported $38.4...
22Jun
Bangladesh’s Trade with SAARC Countries Falls in FY23
Summary: Trade between Bangladesh and the South Asian Association for Regional Cooperation (SAARC) members is decreasing, both in terms of imports and exports. A Bangladesh Bank report released on 2nd June 2024 states that the SAARC members' total export revenue dropped by nearly 1%, from USD...
02Jun
Plan to restructure source tax rates to aid manufacturers, traders
Summary To give manufacturers and retailers some breathing room, the government is expected to lower the rates of tax deduction at source on the supply of raw materials to manufacturers and completed goods to shops in the upcoming fiscal year. Officials from the finance ministry who...
01Jun
Belgium and the European Union sign the “Beijing Convention on the Judicial Sale of Ships”
Summary: On March 14, 2024, at the UN Headquarters in New York, Belgium and the European Union signed the United Nations Convention on the International Effects of Judicial Sales of Ships, often known as the "Beijing Convention on the Judicial Sale of Ships". The European Union...
01Jun
Formal negotiations for an EPA between Bangladesh and Japan for a post-LDC 2026.
Summary In order to secure the continuation of duty-free export facilities after Bangladesh leaves the list of least developed countries, and to attract more investment from the world's fourth-largest economy, Japan and Bangladesh have decided to formally start negotiations for the signing of an Economic Partnership...
05Mar