Our esteemed Head of Chambers’ speech on SARCO and BIAC’s Seminar on Elevating Bangladesh’s Trade and Commerce: ADR’s role in Navigating Disputes and Strengthening SAARC Partnerships

Our esteemed Head of Chambers, Mr. Mohammed Forrukh Rahman was recently invited as a guest speaker at a Seminar hosted by SAARC Arbitration Council (SARCO) in collaboration with the Bangladesh International Arbitration Centre (BIAC) on "Elevating Bangladesh's Trade and Commerce: ADR's Role in Navigating Disputes...

Congratulations to our client IHI Corporation and Partners on the official inauguration of the commercial production of the first unit of the Matarbari Power Plant

Congratulations to our client, IHI Corporation, and its consortium partners, Sumitomo Corporation and Toshiba Corporation, on the official inauguration of the commercial production of the first unit of the Matarbari Power Plant in Bangladesh! This is a landmark achievement for Bangladesh, as it is the country's...

Setting up an Uniform Dollar Rate

Summary  Due to several interrelated variables, including increase in imports, increase in international travels, moderate exports and a decline in remittances, the value of US dollar is rising high in Bangladesh which may put an inflationary pressure on Bangladesh. Content  The exchange rate of dollar has suggested the...

Kazakhstan ratifies the Singapore Convention on Mediation

With the deposit of the instrument of ratification at the UN Headquarters in New York, Kazakhstan becomes the tenth State Party to the United Nations Convention on International Settlement Agreements Resulting from Mediation, also known as the "Singapore Convention on Mediation". The ratification by Kazakhstan...

China deposits declaration of territorial application of the United Nations Convention on Contracts for the International Sale of Goods to Hong Kong SAR

Summary: China deposited a declaration of extension of the territorial application of the United Nations Convention on Contracts for the International Sale of Goods (CISG) to Hong Kong, Special Administrative Region of China (“the HKSAR”) on 5 May 2022. Content: CISG applicable to Hong Kong SAR as of...

Turkmenistan accedes to the New York Convention and the United Nations Convention on the International Sale of Goods

Summary: Turkmenistan has acceded to both the Convention on the Recognition and Enforcement of Foreign Arbitral Awards (also commonly known as the “New York Convention”) and the United Nations Convention on Contracts for the International Sale of Goods (the “CISG”).  Content: The New York Convention With its accession to...

Universal Pension Scheme in 6-12 months 

SUMMARY: Bangladesh to embark on the long-anticipated universal pension scheme within 6 months to 1 year which will be open to all save the public servants.  The government chalks out to launch the universal pension scheme in order to maintain its pledge of providing a safe...
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