State-owned enterprises
State enterprises must answer for losses
Projected fivefold rise in losses demands proper response
Losses of state enterprises may rise fivefold in FY25
The overall losses of state-owned enterprises in Bangladesh may rise by nearly five times in the current fiscal year compared to the previous year, according to a projection by the government.
Eight state firms had Tk 183cr default loans until Feb
Eight state-owned enterprises (SOEs) of Bangladesh had a combined default loan of Tk 183.62 crore in February, official figures showed.
Most state enterprises turned a profit. That was overshadowed by loss-makers
The highest loss, at Tk 6,118 crore, was incurred by the Bangladesh Power Development Board (BPDB) in July-April of the fiscal year. Its provisional loss was Tk 11,163 crore in the full year of 2022-23.
State enterprises may see higher losses next fiscal year
State-owned enterprises (SOEs) in Bangladesh will likely incur collective losses of Tk 14,703 crore in the coming fiscal year, according to the finance ministry.
State enterprises must answer for losses
Projected fivefold rise in losses demands proper response
Losses of state enterprises may rise fivefold in FY25
The overall losses of state-owned enterprises in Bangladesh may rise by nearly five times in the current fiscal year compared to the previous year, according to a projection by the government.
Eight state firms had Tk 183cr default loans until Feb
Eight state-owned enterprises (SOEs) of Bangladesh had a combined default loan of Tk 183.62 crore in February, official figures showed.
Most state enterprises turned a profit. That was overshadowed by loss-makers
The highest loss, at Tk 6,118 crore, was incurred by the Bangladesh Power Development Board (BPDB) in July-April of the fiscal year. Its provisional loss was Tk 11,163 crore in the full year of 2022-23.
State enterprises may see higher losses next fiscal year
State-owned enterprises (SOEs) in Bangladesh will likely incur collective losses of Tk 14,703 crore in the coming fiscal year, according to the finance ministry.