Pran Agro has issued a non-convertible and redeemable bond worth Tk 210 crore, or equivalent of $25 million, with 100 per cent credit guarantee from a global company, a first of its kind in the country. GuarantCo, a concern of Private Infrastructure Development Group (PIDG), has given the credit guarantee to the bond. The governments of the UK, Switzerland, Australia, Sweden,
Pran to collect 30,000 tonnes of cassava this season
Farmers are collecting cassava crops from a field in Moulvibazar. It is planted in fallow lands and hilly areas with a little cost and labour. Photo: COLLECTED
Star Business Desk
Star Business Desk
Local conglomerate Pran has set a target to collect 30,000 tonnes of cassava from farmers this season at a rate of Tk 8,000 to Tk 10,000 per tonne.
Cassava is a root crop, which is popularly known as `Shimul Alu in Bangladesh, and it is planted in fallow lands and hilly areas with a little cost and labour. Pran s contractual farmers have harvested cassava in Rangamati, Khagrachhari, Sylhet, Habiganj, Moulvibazar, Tangail, Mymensingh, Jamalpur and Cumilla in around 5,500 acres of land this season.