17Nov
21Nov
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...
31Aug
Successfully resolved a long-standing maritime dispute between the owner of a foreign vessel and the Bangladesh Navy.
We are pleased to announce that we have successfully resolved a long-standing maritime dispute between the owner of a foreign vessel and the Bangladesh Navy. The vessel collided with a naval frigate in 2017, and the dispute over liability and damages had been ongoing for...
07Aug
Docking of an 8.5-meter draft ship at Mongla Port for the very first time
Summary For the first time in the history of Mongla Port, an 8.5 meter draft ship arrived at Mongla Seaport following the dredging at the Pashur Channel and the Mongla-Ghashiakhali Channel being completed on the 4th of August 2023, mere days earlier. Content Since the opening of the...
15Sep
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...
09Jun
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...
14May
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...
14May
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...
12Mar
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...
22Feb