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 …
Read More »48 businesses fined for violating consumer rights
Directorate of National Consumer Rights Protection (DNCRP) officials on Tuesday fined 48 businesses in 17 districts Tk 0.448 million for violating consumer rights.
Read More »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.
Read More »67pc released to farmers in 8.5 months
The implementation of a Tk 5,000-crore special refinance scheme for the country’s agricultural sector has reached 67 per cent in eight and a half months of its launch.
Read More »278 small borrowers seek collateral-free loans under CGS
The Bangladesh Bank launched the CGS of Tk 2,000 crore on July 27 to support the pandemic-hit CMSEs
Read More »Pandemic gave Bangladesh’s textile manufacturers the thrust to level up
As of now, the fabric manufacturers have witnessed a 20 per cent increase in demand
Read More »Baraka Patenga Power wants to knock about with big players
The principal activity of the company is to set up power plants for generation and supply of electricity
Read More »Pfizer expects $15b in 2021 sales from its Covid-19 vaccine
Pfizer Inc said on Tuesday it expects to generate $15 billion, or about a quarter of its total revenue this year, from sales of its Covid-19 vaccine co-developed with German partner BioNTech SE.
Read More »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.
Read More »No surprises as exports continue its slide in January
Receipts down 5 per cent from a year earlier
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