The government has decided either to sell the ownership of a good number of Beximco Group companies or find entrepreneurs to lease these units out.
The group's inability to open new LCs has forced its factories to halt production
He also said that legal action would be taken against the S Alam Group chairman and other officials for their alleged crimes in the banking sector
The authorities have promised to clear the dues by November. But the workers have not agreed to wait till then
The Appellate Division of the Supreme Court yesterday stayed a part of the High Court order that instructed Bangladesh Bank to appoint a receiver to manage Beximco Pharmaceuticals Limited.
Indexes of the stock market in Bangladesh declined yesterday on rising the day before, largely due to the poor performance of Islami Bank Bangladesh along with the large-cap and blue-chip shares amid sales pressures..Large-cap refers to shares which account for large amounts in market capi
The Bangladesh Bank (BB) took three major decisions yesterday, including the appointment of a custodian, officially termed as a receiver, at troubled Beximco Group in order to prevent its fall and protect the interests of investors, employees and lenders.
In a bid to ensure tax compliance, the government has blocked the transfer of shares of seven corporate giants that thrived under the Awami League government.
The NBR instructed the RJSC to immediately block any sales or transfers of shares, whether through donations or otherwise
The government has decided either to sell the ownership of a good number of Beximco Group companies or find entrepreneurs to lease these units out.
The group's inability to open new LCs has forced its factories to halt production
He also said that legal action would be taken against the S Alam Group chairman and other officials for their alleged crimes in the banking sector
The authorities have promised to clear the dues by November. But the workers have not agreed to wait till then
The Appellate Division of the Supreme Court yesterday stayed a part of the High Court order that instructed Bangladesh Bank to appoint a receiver to manage Beximco Pharmaceuticals Limited.
Indexes of the stock market in Bangladesh declined yesterday on rising the day before, largely due to the poor performance of Islami Bank Bangladesh along with the large-cap and blue-chip shares amid sales pressures..Large-cap refers to shares which account for large amounts in market capi
The Bangladesh Bank (BB) took three major decisions yesterday, including the appointment of a custodian, officially termed as a receiver, at troubled Beximco Group in order to prevent its fall and protect the interests of investors, employees and lenders.
In a bid to ensure tax compliance, the government has blocked the transfer of shares of seven corporate giants that thrived under the Awami League government.
The NBR instructed the RJSC to immediately block any sales or transfers of shares, whether through donations or otherwise
Beximco has sought support from the government to extend the repayment period of its liabilities to Janata Bank over the next 10 years, including a two-year moratorium.
