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
Bangladesh Shipping Corporation (BSC) has plans to procure six ships -- two mother bulk carrier ships, two mother tankers and two mother product oil tankers -- to meet the growing demand for transportation services. BSC has already taken up a project to procure the six ships. The BSC managing director also said that they have a plan to carry all... Read More
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
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 the attention of the nationals and the government. Following a tragic fire at the... Read More
Summary: The Jatiyo Sangshad extended the tenure of quick power supply Act which allows a sweeping authority to bypass the existing legislation for quick implementation of projects in all types of energy and power sectors. Content: Previously, The Quick Enhancement of Electricity and Energy Supply Act 2010 was extended until October 2021, which would finish in this month. The act was extended... Read More
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 has been acquired from the Commerce Minister Tipu Munshi at a press briefing in... Read More
Summary: Import of capital machinery into the country declined for three years in a row and the GDP to private sector investment ratio dropped significantly in FY21 apparently due to lack of investment-friendly environment in the country. Content: Businesses necessarily import capital machinery for the escalation of industrial units and to increment new plants. The government also imports machinery for different infrastructures. In... Read More
Summary: Bangladesh Securities Zone and Exchange Commission has intervened in the parallel drafting rules by Bangladesh Bank and Bangladesh Investment Development Authority on a debatable consent by the offshore investors, albeit with some exceptions to the capital issue. Content: Equity investments are commonly used in our country. When money is invested in a company by purchasing shares of that company in the stock... Read More
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 concerns the relationships between nations and international organizations. Private international law, on the other... Read More
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 is an American multinational corporation and technology company headquartered in Santa Clara, California, in... Read More
