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Bangladesh Services defaults on BICC rental deal with Public Works Department

The Bangladesh Services Limited (BSL) – a state-owned hotel management company – has violated a rental deal for the Bangabandhu International Conference Center (BICC) by not paying the rent of Tk391 crore including interest. BSL, listed on local stock exchanges, took the lease of BICC for ten years from the Public Works Department (PWD) at Tk460 crore. The company did not pay ....

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