Category Archives: PANAMA PAPERS

What we know about Panama papers?

A huge leak of documents has lifted the lid on how the rich and powerful use tax havens to hide their wealth. The files were leaked from one of the…

What will happen now in Asia?

Tax has never been so sexy. Chances are by now you know all the gory details – allegations in the Panama Papers that the super-rich and politically connected, and even…

‘Panama Papers’ law firm says ‘hacked by servers abroad’

A partner at Mossack Fonseca, the Panamanian law firm at the centre of a huge leak of confidential financial data, says it was the victim of a hack. Ramon Fonseca…

Obama: Tax avoidance is a big global problem

US President Barack Obama has warned that “tax avoidance is a big global problem” and urged Congress to take action to eliminate tax loopholes. “A lot of it is legal,…

Banks deny claims they helped clients avoid tax

International banking giants have denied allegations that they are helping clients to avoid tax by using complicated offshore arrangements. HSBC, Credit Suisse and the Royal Bank of Scotland-owned Coutts Trustees…

How assets are hidden and taxes dodged

The revelations in the millions of papers leaked from the Panamanian law firm Mossack Fonseca uncovering a suspected money laundering ring run by close associates of Vladimir Putin may leave…

India cuts interest rates to five-year low

India’s central bank has cut its key interest rate for the first time this year. The Reserve Bank of India (RBI) reduced its repo rate to 6.5% from 6.75%, in…

Mr. Md. Shahabuddin Alam elected Chairman of Risk Management Committee of Mercantile Bank Limited

Mr. Md. Shahabuddin Alam was born in a respectable educated Muslim Family of South Middle Halishahar, Chittagong. Md. Shahabuddin Alam assumed overall control of family business in the year 1988…

Banks donated Tk 1.9b to PM’s Relief Fund: Atiur

Bangladesh Bank Governor Dr Atiur Rahman said the banking community of the country has so far donated Taka 1.9 billion to the Prime Minister’s Relief Fund for creating employment for…

Prime Bank women entrepreneu

Bangladesh Bank Governor Dr Atiur Rahman hands over a cheque of Prime Bank for Tk 10.00 lakh as term loan to a women entrepreneur in Cox’s Bazar recently. Prior to…

Interact