14Sep
13Sep
Only four directors of three listed companies complied with rules regarding minimum 2-per cent shareholding
[Source: The New Age] Only four directors of three listed companies complied with rules regarding minimum 2-per cent shareholding by each director of a listed company though the Bangladesh Securities of Exchange Commission on July 2 gave 61 non-compliant directors of 22 companies 45 days...
08Sep
Companies Act amendment bill placed in the Jatiya Sangsad
The ‘Companies (2nd Amendment) Bill, 2020’ was placed in the Jatiya Sangsad (JS) keeping a provision of formation of one-man company aiming to attract larger investment and do better in the global ease of doing business ranking. Following the approval of the parliament, Commerce Minister Tipu...
07Sep
Korean relocation potential: Manufacturing of Electronics, Shipbuilding, Textile industries
[source: Textile focus] Korea and Bangladesh maintains a longstanding diplomatic and bilateral economic relation since independence of Bangladesh. Korea has been endowed with rich heritage of industrialization and five percent share of global trade. South Korea has been globally recognized for its unique productivity technique...
06Sep
Bangladesh under Japan’s subsidy scheme
Japan last week included Bangladesh in the subsidy scheme in the matters of relocating its firms from China. Under the subsidy scheme, Japan government is providing financial assistance to the companies, shifting their plants from China to other suitable locations. The Japanese subsidy programme was initially...
02Sep
Bangladesh’s first Google-certified online video-streaming service Binge
source: Genex website [Source: Financial Express] Genex Infosys Ltd, a listed company, has approved a strategic business agreement with RedDot Digital Ltd to launch a service called "Binge". The RedDot Digital, a subsidiary of Robi Axiata is the country's second-largest mobile operator, according to an official...
29Aug
10 more economic zones get the nod including one in Dinajpur & Sandwip
Bangladesh Economic Zones Authority (Beza) has approved setting up 10 more economic zones, taking the tally of such areas to 101, out of which work on 28 are currently underway. The new zones are Nawabganj Economic Zone, Nawabganj; Tangail Economic Zone, Bhuapur; Sapahar Economic Zone, Sapahar,...
28Aug
Stamp duty on trust deed registration of alternative funds cut to 0.1pc
The Internal Resources Division of the finance ministry has cut the stamp duty on registration of trust deed of alternative investment funds to 0.1 per cent from the previous 2 per cent to encourage alternative investment in the country. The IRD on Sunday issued a statutory...
16Aug
BIDA makes three more additions to its One-Stop Service portal
Investors seeking to do business in Bangladesh can now avail three more public services at the One-Stop Service (OSS) portal in the website of Bangladesh Investment Development Authority (BIDA). Previously, 18 information-related services were available, including 14 of the BIDA and ones of the Registrar of...
12Aug