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Economy Of Chittagong
The Economy of Chittagong is reflected in its gross state product of $116 billion in PPP terms ranking, second in size only behind Dhaka in Bangladesh. The nominal GDP of Chittagong metropolitan city is $43 billion. Chittagong metropolitan City is the second largest metropolitan city in Bangladesh. Chittagong is the export hub of Bangladesh, accounting for more than $38 billion in exports. Chittagong is the commercial hub of country.Chittagong is also home to the busiest port in the country. History The excavation of Neolithic fossils and tools in Sitakunda, Chittagong District, indicates the presence of Stone Age settlements in the region as early as the third millennium BCE. The earliest historical records of the Port of Chittagong date back to the 4th century BC, when sailors from the area embarked on voyages to Southeast Asia. The 2nd century Graeco-Roman geographer Ptolemy mentioned the port on his map as one of the finest harbours in Asia and the eastern frontier of the ...
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Purchasing Power Parity
Purchasing power parity (PPP) is the measurement of prices in different countries that uses the prices of specific goods to compare the absolute purchasing power of the countries' currency, currencies. PPP is effectively the ratio of the price of a basket of goods at one location divided by the price of the basket of goods at a different location. The PPP inflation and exchange rate may differ from the Exchange rate, market exchange rate because of tariffs, and other transaction costs. The Purchasing Power Parity indicator can be used to compare economies regarding their Gross Domestic Product, labour productivity and actual individual consumption, and in some cases to analyse price convergence and to compare the cost of living between places. The calculation of the PPP, according to the OECD, is made through a ''basket of goods'' that contains a "final product list [that] covers around 3,000 consumer goods and services, 30 occupations in government, 200 types of equipment goods a ...
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Cumilla District
Comilla District, officially known as Cumilla District, is a district of Bangladesh located about 100 kilometres south east of Dhaka. Comilla is bordered by Brahmanbaria and Narayanganj districts to the north, Noakhali and Feni districts to the south, Tripura of India to the east and Munshiganj and Chandpur districts to the west. Comilla district is located in the southeastern part of Bangladesh. History The name Cumilla is derived from the Bengali word ''Komolangko'' ( bn, কমলাঙ্ক), the previous ancient name of the region, which means ' lotus pond'. The present Comilla is a district under the Chittagong Division. It was once under ancient Samatata and later became part of the state of Tripura. As far as is known from the ancient archeology found in the region, Gupta emperors ruled Tripura since the fifth century AD. According to historians, the Buddhist Deva dynasty ruled the region from the seventh to the middle of the eighth century. In the ninth century, Co ...
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Seamark Group
Seamark Group is a multinational food processing conglomerate wholesale company with offices in Manchester, Chittagong, New Jersey and Brooklyn. The company was founded in 1976 and established in 1991 by Iqbal, Bilal and Kamal Ahmed. History Seamark was the first company to introduce black tiger shrimps to Europe in 1976. It was founded by brothers; Iqbal, Bilal and Kamal Ahmed. Seamark plc was established in 1991, specialising in the processing and stocking of warm water shrimps, especially the black tiger and the fresh water king prawn. After processing and packing, these were exported to most countries in Europe. Since 1992, Seamark has invested more than £30m in infrastructure and production around the world. In November 2000, they opened a £10 million seafood processing plant at the Bangladesh port of Chittagong. In 2001, they opened a U.S sales office in New Jersey and have since acquired a warehouse and a cold store in Brooklyn, New York to distribute pro ...
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Padma Oil Company
, logo = , logo caption = , type = Registrar with joint stock company as a Public limited company under Company Act 1913 , industry = Petroleum, , fate = , predecessor = Burmah Oil Company , successor = , founded = , founder = , defunct = , hq_location_city = Strand Road, Chittagong , hq_location_country = Bangladesh , area_served = National , key_people = , products = Marketing of Petroleum product, Lubricant, Grease, Bitumen, Liquefied petroleum gas & Manufacturing & Marketing of Agrochemical , revenue = US$2.06 billion (2019) , owner = , num_employees = 1172 , num_employees_year = 2019 , parent = Bangladesh Petroleum Corporation , website = The Padma Oil Company Limited ( bn, পদ্মা অয়েল কোম্পানী লিমিটেড) formerly known as ''Burmah Eastern Limited'', is a subsidiary of Bangladesh Petroleum Corporation (BPC), a statutory organization of the government under the Ministry of Power, Energy, and ...
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KDS Group
KDS Group is a business and industrial conglomerates of Bangladesh, which is based in Chittagong but with extensive operations in Dhaka as well. It has also established offices and agencies in India, Hong Kong and is currently expanding into Europe and North America. It is one of the largest private sector employers in Bangladesh. History The group was founded in 1983, through the establishment of one of the first garments industries of Bangladesh. The founder of the group was Khalilur Rahman. KDS Textiles was established in 2000. The same year, KDS Steel established KYCR Coil Industries Limited. In 2001, the Cold Rolling Mills Complex was established by KDS group. In February 2008, Rapid Action Battalion recovered Voice over Internet Protocol equipment, illegal in Bangladesh, after raiding an apartment complex in Sugandha Residential Area owned by the chairman of the group, Khalilur Rahman, who denied any involvement. In March 2009, KDS Logistics began operations of its ...
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Jamuna Oil Company
Jamuna Oil Company Ltd (JOCL) (estd. as Pakistan National Oil in 1964; renamed as Bangladesh National Oil in 1972) ( DSEbr>JOCL is a subsidiary of the Bangladesh Petroleum Corporation that nationally markets octane, petrol, diesel, kerosene, furnace oil, bitumen and lubricants in Bangladesh. In 1975, it was renamed Jamuna Oil Company (JOCL) after the river Jamuna. It is headquartered in Chittagong, Bangladesh. History In 1964 Pakistan National Oil Limited (PNOL), the maiden National oil company of the then Pakistan was established as a private limited company. The company started functioning with an authorized capital of Tk.2.00 crore. After the Independence of Bangladesh in 1971 the Government of the People's Republic of Bangladesh acquired the assets and liabilities of Pakistan National Oil Limited by virtue of Bangladesh Abandoned Property (control, Management & Disposal) Order, 1972 (P. O. No. 16 of 1972) and the company was renamed as Bangladesh National Oil Limited. Th ...
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Habib Group
The Habib Group is a prominent Bangladeshi industrial conglomerate. Founded in Chittagong in 1947, it employs over 20,000 people and has various interests in textiles, aviation, cement, steel, real estate, insurance and banking. It is the parent company of Regent Airways Regent Airways ( bn, রিজেন্ট এয়ারওয়েজ) was a Bangladeshi airline owned by HG Aviation Ltd, a fully owned subsidiary of Habib Group. It is based at Hazrat Shahjalal International Airport. Due to its bad finan ..., a Bangladeshi private airline, and Regent Power Limited, a power generating company. the company is also one of the oldest cement manufacturers of Bangladesh. References External links Corporate information of Habib Group Business Concerns of Habib Group Manufacturing companies of Bangladesh Conglomerate companies of Bangladesh Companies based in Chittagong Manufacturing companies established in 1947 {{bangladesh-company-stub ...
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BSRM
The Bangladesh Steel Re-Rolling Mills Ltd., commonly known as BSRM, is a Bangladeshi steel manufacturing company based in Chittagong. It is the largest construction steel manufacturer company in Bangladesh. History In 1952, five Indian businessman named Akberali Africawala, Alibhai Africawala, Taherali Africawala, Abdul Hussain Africawala, and Rajabali Africawala, set up the first BSRM steel re-rolling mill of the then East Bengal in Nasirabad, Chittagong. It started its journey with four manual rolling mills. In 1970 the manual rolling mills were replaced with the state-of-the-art Italian built rolling mill. In 1996, the company installed and commissioned their billet casting plant under the name "Meghna Engineering Works Limited". In July 2002, BSRM Group incorporated a new company, BSRM Steels Ltd, to fund and operate a turnkey re-rolling mill from Italian supplier Danieli. Construction of the plant began in 2005 on 11 acres just off the Dhaka-Chittaong Highway at Latifpu ...
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A K Khan & Company
A K Khan & Co. Ltd. is one of the oldest Bangladeshi conglomerates headquartered in Chittagong. It was established in 1945 by Abul Kashem Khan during the Second World War. Projects The company is planning to setup a tyre plant under joint collaboration with Indian company CEAT. The company is also building a private sector Special Economic Zone in Narsingdi Narsingdi /Narsingdi Sadar ( bn, নরসিংদী) is a city and headquarters of Narsingdi District in the division of Dhaka, Bangladesh. The Dhaka-Sylhet highway connects Narsingdi with the capital and other major cities. The district is .... It is one of the largest conglomerates present in Bangladesh. References External links * Conglomerate companies established in 1945 Conglomerate companies of Bangladesh Companies based in Chittagong 1945 establishments in India {{Asia-company-stub ...
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James Finlay Bangladesh
JF (Bangladesh) Limited, previously known as James Finlay Bangladesh, is a prominent shipping and logistics business in Bangladesh. It is a successor firm of James Finlay Limited, a leading Scottish trading company in the British Empire. History The company was incorporated in Bengal in 1901. After the end of colonial rule, the British Finlays Group operated the company for 57 years, until 2004, when it was sold to a group of Bangladeshi businessmen under the JF (Bangladesh) Limited name. It received a gold medal for exports from 2000 to 2001 from Prime Minister Khaleda Zia. They represent 52 global charter vessels company in Bangladesh. It provides seamen to shipping companies around the globe. It works as a consultancy and warehouse services to The New Sylhet Tea Estate Limited, Baraoora (Sylhet) Tea Company Limited, Consolidate Tea & Lands Co. (Bangladesh) Limited, and the Burjan Tea Estate Limited. The company is headquartered at Finlay House in Agrabad, Chittagong. ...
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Unilever
Unilever plc is a British multinational consumer goods company with headquarters in London, England. Unilever products include food, condiments, bottled water, baby food, soft drink, ice cream, instant coffee, cleaning agents, energy drink, toothpaste, pet food, pharmaceutical and consumer healthcare products, tea, breakfast cereals, beauty products, and personal care. Unilever is the largest producer of soap in the world and its products are available in around 190 countries. Unilever's largest brands include Lifebuoy, Dove, Sunsilk, Knorr, Lux, Sunlight, Rexona/Degree, Axe/Lynx, Ben & Jerry's, Omo/Persil, Heartbrand (Wall's) ice creams, Hellmann's and Magnum. Unilever is organised into three main divisions: Foods and Refreshments, Home Care, and Beauty & Personal Care. It has research and development facilities in China, India, the Netherlands, the United Kingdom, and the United States. Unilever was founded on 2 September 1929, by the merger of the British soapma ...
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Reckitt Benckiser
Reckitt Benckiser Group plc, trading as Reckitt, is a British multinational consumer goods company headquartered in Slough, England. It is a producer of health, hygiene and nutrition products. The company was formed in March 1999 by the merger of British company Reckitt & Colman plc and Dutch company Benckiser N.V. Reckitt's brands include the antiseptic brand Dettol, the analgesic Disprin, the sore throat medicine Strepsils, the hair removal brand Veet, the immune support supplement Airborne, the Australian insecticide brand Mortein, the indigestion remedy Gaviscon, the baby food brand Mead Johnson, the air freshener Air Wick, and other brands and products like: Calgon, Clearasil, Cillit Bang, Durex, Lysol, Mycil, Enfamil, Nutramigen and Vanish. History Origins Johann Benckiser founded a business in Pforzheim, Germany, in 1823. Its core business was industrial chemicals. Ludwig Reimann, a chemist, joined the business in 1828 and married Benckiser's daughter. Benckiser ...
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