Agreement on Fisheries Subsidies has been formally accepted by New Zealand

September 13, 2023 | | International, Investment, Shipping

Summary: New Zealand accepted the Agreement on Fisheries Subsidies on September 6th, becoming the first country from the Oceania region to do so. Trade and Export Growth Minister Damien O'Connor and Director-General Ngozi Okonjo-Iweala celebrated the achievement in a virtual meeting. New Zealand's contribution of CHF 100,048 to the WTO Fisheries Funding Mechanism was praised by DG Okonjo-Iweala.  Content: New Zealand is... Read More

A Green Shift: Rooftop Solar Solution are Loved by Industries

September 10, 2023 | | Construction, Investment, Power

Summary: In light of current trends, industries are shifting focus to alternative energy sources like solar power. This is happening even though national grid capacity exceeds demand by 25,000MW compared to the current 15,000MW. Content: Several big companies have already switched to solar power partially or are considering it. They're finding that using solar panels on their roofs is a smart choice... Read More

SEMINAR ON INVESTMENT OPTIONS (INSIDE SPECIALIZES ZONES VS OUTSIDE) & RELATED LEGAL ISSUES

August 17, 2023 | | Seminars / Webinars / Conferences, Corporate, Investment, Taxes & Finance

Several tax benefits are provided under the Finance Act 2022, for the mobile manufacturers. Besides, the Companies with less than Tk. 100 crore turnover and so on, who are working towards deployment or commercialization of new products, process or service driven by innovation, development and technology or intellectual property are given start up status who will be taxed at... Read More

Additional time granted to Exporters for bringing home export proceeds

August 7, 2023 | | Banking, International, Investment

Summary According to the authority, The Central Bank of Bangladesh is willing to give a proposal by offering Exporters 210 days to repatriate proceeds from exported products. The initial purpose of this proposal is to make better competitiveness of Bangladeshi products in foreign markets, however, it’ll raise the foreign currency reserve. Content To lower the burden on the forex reserve, the... Read More

HYBRID SEMINAR ON SHAREHOLDING, DIRECTORSHIP, CORPORATE COMPLIANCES & DISPUTES

May 7, 2023 | | Seminars / Webinars / Conferences, Corporate, Investment, Taxes & Finance

Under the new Budget, the shareholding percentage has been amended for amalgamation. Now shareholders holding at least 75% (previously 90%) of the value of shares in the amalgamating company (which now includes foreign companies, where there is foreign shareholding in a Bangladeshi company) become shareholders of the amalgamated company. Also, the capital gain arising from any transfer of capital... Read More

HYBRID SEMINAR ON LDC GRADUATION OF BANGLADESH & INTERNATIONAL LAW

March 13, 2023 | | Labour & Human Rights, Seminars / Webinars / Conferences, Corporate, International, Investment

International law usually falls into two different categories. Public International law and Private international law. Public international law is the set of 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 concerns the relationships between nations and international organizations. Private international law, on... Read More

Abstain from potential risks of dealing virtual assets, currencies and cryptocurrencies

September 22, 2022 | | Banking, Information Technology, Investment

Summary  Cryptocurrency trading, virtual assets and virtual currencies risk is primarily related to its volatility. They are risky and speculative, and it is important to understand the risks before starting to trade. They are volatile, and unexpected changes in market sentiment can cause sharp and sudden price movements. Also, there is a possible security issue. Content  The central bank has once again... Read More

Move to recognize third party under RJSC

March 28, 2022 | | Commercial, Corporate, Investment

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 MoC recently abandoned its plan to adjust the Office of Chief Controller of Imports... Read More

BSEC started rearranging the Market

October 10, 2021 | | Capital Market, Finance, Investment

Summary: Bangladesh Securities and Exchange Commission has started delisting and transferring the listed stock in the Stock Market and has been sending the over-the-counter companies to small capital platforms and alternative trading boards. Content: Bangladesh Securities and Exchange Commission issued a notification in 16th September in a Committee meeting that it would transfer or delist stocks from the over-the-counter market from the 19th September. An over-the-counter (OTC)... Read More

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