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Circular No. 07 dated 13 April 2023 issued by the Foreign Exchange Policy Department of the Bangladesh Bank on “Interest Rates on Borrowings from the Export Development Fund (“EDF”)”

EDF loans from the Bangladesh Bank are repayable by authorized dealer (AD) banks within 180 days from the date...

Circular No. 04 dated 13 April 2023 issued by the Foreign Exchange Investment Department of the Bangladesh Bank on “Placement of Funds from Offshore Banking Operations (“OBOs”) with Domestic Banking Units (“DBUs”)”

OBOs are allowed to place funds with their DBUs in an amount up to 25% of the total regulatory...

Circular No. 11 dated 25 April 2023 issued by the Banking Regulation and Policy Department of the Bangladesh Bank on the “Establishment of the Export Facilitation Pre-finance Fund (“EFPF”)”

Bangladesh Bank stated that it has found that some companies, individuals, and firms that secured loans under the EDF...

SRO No. 53/Law/2023 dated 5 March 2023 issued by the Ministry of Environment and Forests on “Environmental Conservation Rules 2023”

To reduce environmental pollution, the Bangladesh government has issued the Environmental Conservation Rules 2023 and repealed the prior ones...

Circular No. 05 dated 16 March 2023 issued by the Banking Regulation and Policy Department of the Bangladesh Bank on “Guidelines on Cloud Computing”

Aiming to mitigate cyber risks and maintain the overall stability of the financial sector, the Bangladesh Bank has issued...

Circular No. 05 dated 19 March 2023 issued by the Foreign Exchange Policy Department of the Bangladesh Bank on “Repayment of Loans obtained from the Export Development Fund (“EDF”)”

In order to stop the long delays in the repayment of EDF loans, the Bangladesh Bank will charge penalty...

Circular No. 06 dated 2 March 2023 issued by the Banking Regulation and Policy Department of the Bangladesh Bank on “Exemption from the General Credit Limit under Section 26B(1) of the Bank Company Act 1991 for Electricity Producing Companies”

Aiming to maintain an uninterrupted flow of money required for power generation to import fuel oil and other raw...

Circular No. 01 dated 7 February 2023 issued by the Foreign Exchange Operation Department of the Bangladesh Bank on “Funds Endorsed against a Traveler’s Passport”

The Bangladesh Bank has instructed authorized dealer banks and money changers to verify the amount of foreign currency a...

Circular No. 03 dated 22 February 2023 issued by the Foreign Exchange Policy Department of the Bangladesh Bank on “Raising of the Limit for Declaration on Form C of Inward Remittances”

Aiming to facilitate inward remittances, the threshold for having to declare inward remittances on Form C has been raised...

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KEYWORDS

air pollution arbitration Bangladesh Atomic Energy Commission 2017 Bangladesh Oil, Gas and Mineral Corporation Act 2022 Bangladesh Textile Mills Corporation (BTMC) Banking Regulation and Policy Department BIDA Practices Blockchain Department of Sustainable Finance digital evidence Digital Signature E-Commerce E-Crime E-Signature electricity licensing environmental Export Development Fund (EDF) foreign exchange ICC Arbitration Import Information Technology Enabled Services (ITES) Investment Licensing Inward Remittances labor law Land Acquisition Land Ownership Loan Classification Ministry of Commerce nterest Rate on Borrowing from the Export Development Fund Offshore Banking Operations ("OBOs") Oman Air Power projects PPA PPP Project finance Satellite Operators Solar Energy State Owned Enterprise (SEO) Supreme Court Telecom Projects The Bangladesh Environment Conservation Act The General Agreement on Trade in Services (GATS) The General Agreement on Traffics and Trade (GATT) World Trade Organization (WTO)