RMG giant Pacific to invest big in CEPZ, creating 5000 jobs

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,

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

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

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

The Open Market Sale (OMS) of rice began at 33 points in Chattogram city today aimed at stabilizing the rice market.  According to the District Food Control Office, 28 metric tons of rice will be sold daily at 14 points in the city through 14 open trucks.  Each truck will have

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