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Bangladesh bank auctions six Beximco factories
Yahoo Finance· 2025-11-26 12:36
Despite efforts from the country’s labour ministry to revive Beximco’s internationally certified textile factories to preserve thousands of jobs and maintain export earnings, state-owned Janata Bank issued notices about the auction following a board meeting. According to The Business Standard, the bank issued public notices to auction 193 decimals of land and all structures on it at Beximco Industrial Park, which had been mortgaged as collateral for loans on three of the factories. Beximco reportedly has ...