Bangladeshi company Pacific Attires Limited (PAL) is going to set up a high-end garments manufacturing industry in Chattogram Export Processing Zone (CEPZ). PAL,a sister concern of Pacific Jeans Group,will invest USD $ 31.75 million and 4994 Bangladeshi nationals will get employment opportunities. It will produce 18.72 million pieces of men's/women's formal suits,
Tag: Chattogram
FSIBL opens new branch at Ctg
First Security Islami Bank Ltd (FSIBL) has inaugurated its 200th Branch at Compact Square (Mayer Doa), Oxygen-Quaish Road, Bangabandhu Avenue, Chattogram City Corporation, Bayezid Bostami, Chattogramon 23 October, a press release said Sunday. Syed Waseque Md Ali, MD of the bank inaugurated the branch. Muhammad Mustafa Khair, AMD, Md. Masudur
UBL holds business review meeting in Ctg
Union Bank Limited (UBL) has inaugurated the Chattogram area Quarterly Business Review Meeting-2022, a press release said Saturday. A.B. M. MokammelHoque Chowdhury,Managing Director& CEO of the bank inaugurated the programme as chief guest . DMD, Md. Nazrul Islam and SEVP Golam Mostafa were present as special guests.
HSBC relocates its Ctg branch
The Hongkong and Shanghai Banking Corporation (HSBC) in Bangladesh has recently inaugurated its newly relocated Sky Branch at Sanmar Tower One (10th Floor), CDA Avenue, East Nasirabad, Chattogram, a press release said Saturday. Mohibul Hassan Chowdhury, M.P., deputy Minister for Education, Md Mahbub ur Rahman, CEO, HSBC Bangladesh,Tanmi Haque, country
Dhaka, Delhi port transit deal at final stage of implementation
Bangladesh and India are now at the final stage of operationalization of the agreement to use Chattogram and Mongla ports for transit of goods to and from India. The agreement was signed between Bangladesh and India in 2018. Following completion of trial runs, necessary permanent standing order or notification would now be
KSRM signs deal with EBL
KSRM Group has signed an agreement with Eastern Bank Ltd. (EBL) to receive finance from the bank under dealer finance facility, a press release said Saturday. M. Khorshed Anowar, DMD and head of retail and SME banking, EBL, and Md Saifullah Chowdhury, director - finance, KSRM Steel Plant Ltd. signed
Container handling at Ctg port multiplied after private sector engagement
Engagement of private sector has brought about dramatic improvement in the container handling capacity of the country’s premier Chattogram Port, official sources said. Use of modern technology in locating, loading and unloading containers has significantly reduced the time of stay of the foreign ships at the terminals. The expenses of the port
BCL leader expelled after getting caught with Yaba in Chattogram
A Bangladesh Chhatra League (BCL) leader of Patiya municipality in the district has been expelled from the organization following his arrest by police with Yaba pills early Wednesday. The BCL leader has been identified as Atiqul Rahman alias Gazi Alvi, joint convener of Patiya municipality unit BCL. Sources said Alavi along
Open market sale of rice begins in Ctg
ACC holds mass hearing against 42 govt agencies
The Anti-Corruption Commission (ACC) listened to over one hundred complaints lodged by people against services of 42 government agencies during a mass hearing at Chattogram Medical College auditorium on Wednesday. Attending the event as chief guest, ACC Commissioner (Investigation) Mohammad Mozammel Haque Khan said that in 70 percent of cases, the