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BPPL gets nod for Tk 225 crore IPO

The Baraka Patenga Power Limited (BPPL) will invest part of its initial public offering (IPO) proceeds of Taka 144.34 crore in two of its power generating subsidiaries to emerge as one of the largest players in the country’s private sector power generation.The principal activity of the company is to set …

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High tariffs at home major hurdle to FTAs

Bangladesh will face an uphill task in convincing major trading partners and regional blocs to sign free trade agreements (FTAs) because of higher tariffs as it looks to retain duty benefits after its graduation from the LDC group, according to a government report.

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Government borrows Tk 20,487cr thru NSCs in July-Dec

The government in the first half (July-December) of the current fiscal year of 2020-2021 borrowed Tk 20,487.12 crore through selling national savings certificates and spent Tk 16,263.1 crore on interest payment against its outstanding borrowing through such tools, according to National Savings Directorate data.

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