02Nov
02Nov
Saiham Cotton receives Tk 420mn insurance claim
Summary: Saiham Cotton Mills Ltd is successful in receiving the lion share of their insurance claim after the massive fire incident last year. Content: SAIHAM COTTON MILLS LTD. is located in Dhaka, Bangladesh and is part of the Fiber, Yarn, and Thread Mills Industry. SAIHAM COTTON MILLS LTD....
02Nov
Star Adhesives to be listed on SME platform
Summary: Star Adhesive Limited, a concern of Partex Group, has decided to raise BDT 50mn through a QIO by issuing 5mn shares at BDT 10 each to use it for factory renovation and meet up working capital requirement and loan payment. Content: Star Adhesive Limited, a concern of...
19Oct
Payments for Vat returns go fully online Soon
Summary: NBR to launch the online VAT returns along with the VAT audit system to diminish hassle for businesses. Content: There was complete confusion and distaste going on regarding the Vat returns previously as payers had to suffer a lot in the government organizations to pay VAT. Considering the...
12Oct
High Court ordered in favor of the Writ Petition brought by the users of DBW
Summary: The automation facility brought by the NBR is to maintain the status quo, as ruled by the High Court in the writ petitions filed by different warehouses. Content: The National Board of Revenue (NBR) has brought a diplomatic bonded warehouse (DBW) facility under the automated system in...
12Oct
Op-ed: Enactment of M&A Law
An op-ed of our esteemed Head of Chambers was published in the Editorial section of the Financial Express dated 12.10.21, stating as follows: "I am writing in response to your editorial, dated October 3, 2021, on the enactment of the merger and acquisition (M&A) of banks...
10Oct
Weak banks to merge after passage of Law: Finance Minister
Summary: Problem-ridden banks can be merged with the state-owned banks to keep them salvaged once after the law is passed. Content: A weak bank is one whose liquidity or solvency is impaired unless there is a major improvement in its financial resources, risk profile, strategic business...
03Oct
Massive factory Inspection will start this Month
Summary: A total number of 46,100 factories will go under inspection carried by 138 teams at the lead of BIDA, starting in the mid of this month. Content: There have been many tragic fires and the incident of building landslides in different times in the country recently caught...
03Oct
Dhaka pins high hope on Dubai Expo
Summary: ‘Indomitable Bangladesh-Towards Sustainable Development’ puts high hope of brightening the image of the country along with promoting Bangladeshi products. Content: In the upcoming October, Bangladesh will showcase its 50 years of achievements at an international expo in Dubai. The expo is open to the world. This information...
13Jul