Padma Oil Company Limited
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Padma Oil Company Limited
, 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 Miner ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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British Empire
The British Empire was composed of the dominions, colonies, protectorates, mandates, and other territories ruled or administered by the United Kingdom and its predecessor states. It began with the overseas possessions and trading posts established by England between the late 16th and early 18th centuries. At its height it was the largest empire in history and, for over a century, was the foremost global power. By 1913, the British Empire held sway over 412 million people, of the world population at the time, and by 1920, it covered , of the Earth's total land area. As a result, its constitutional, legal, linguistic, and cultural legacy is widespread. At the peak of its power, it was described as "the empire on which the sun never sets", as the Sun was always shining on at least one of its territories. During the Age of Discovery in the 15th and 16th centuries, Portugal and Spain pioneered European exploration of the globe, and in the process established large overse ...
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Shahbagh Thana
Shahbag or Shahbagh (also Shahbaugh, bn, শাহবাগ, Shāhbāg, ) is a major neighbourhood and a police precinct or ''thana'' in Dhaka, the capital and largest city of Bangladesh. It is also a major public transport hub. It is a junction between two contrasting sections of the city—Old Dhaka and New Dhaka—which lie, respectively, to its south and north. Developed in the 17th century during Mughal rule in Bengal, when Old Dhaka was the provincial capital and a centre of the flourishing muslin industry, it came to neglect and decay in early 19th century. In the mid-19th century, the Shahbag area was developed as New Dhaka became a provincial centre of the British Raj, ending a century of decline brought on by the passing of Mughal rule. Shahbag is the location of the nation's leading educational and public institutions, including the University of Dhaka, the oldest and largest public university in Bangladesh, Dhaka Medical College, the largest medical college in the c ...
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Bangladesh Biman
Biman Bangladesh Airlines ( bn, বিমান বাংলাদেশ এয়ারলাইন্স) commonly known as Biman ( bn, বিমান), pronounced (), is the national flag carrier of Bangladesh. With its main hub at Hazrat Shahjalal International Airport in Dhaka, the airline also operates flights from its secondary hubs at Shah Amanat International Airport in Chittagong and as well as Osmani International Airport in Sylhet. The airline provides international passenger and cargo services to multiple destinations and has air service agreements in 42 countries. The headquarters of the airline, ''Balaka Bhaban'', is located in Kurmitola, in the northern part of Dhaka. Annual Hajj flights,transporting tourists, migrants, and non-resident Bangladeshi workers and the activities of its subsidiaries form an integral part of the corporate business of the airline. Bangladesh's air transport sector, which is experiencing an 8% annual growth rate thanks to a large ...
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Anti-Corruption Commission (Bangladesh)
The Anti Corruption Commission ( bn, দুর্নীতি দমন কমিশন) ''often abbreviated:'' ACC ( bn, দুদক) is the principal government agency against corruption in Bangladesh. History The Anti Corruption Commission was formed through an act promulgated on 23 February 2004 that came into force on 9 May 2004. Although initially, it could not make the desired impact, but immediately following its reconstitution in February 2007, the ACC began working with renewed vigor and impetus duly acceding to the United Nations' convention against corruption that was adopted by the General Assembly away back on 31 October 2003. Its framework and function is governed by Anti-Corruption Commission Act, 2004. In 2009, Ghulam Rahman was appointed chairman of the commission, replacing Hasan Mashhud Chowdhury. Anti Corruption Commission was formed through an act in 2004, but is considered to be largely ineffective in investigating and preventing corruption because of ...
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Eastern Lubricants Blenders Limited
Eastern Lubricants Blenders Limited () is a subsidiary of the government-owned Bangladesh Petroleum Corporation. Eastern Lubricants Blenders Limited is listed on the Dhaka Stock Exchange. Md. Rashed Kawsar is the managing director of the company and Ali Absar is the company secretary. A. B. M. Azad is the chairperson of Eastern Lubricants Blenders Limited. History The company had officially started operations in 1960. Eastern Lubricants Blenders Limited started production in 1963 as the East Pakistan Lubricants Blenders Limited in Chittagong; it was owned by Burmah Oil Company. By 1969, it was one of three lubricant companies in East Pakistan. Since the Independence of Bangladesh in 1971, Eastern Lubricants Blenders Limited had a monopoly position till the early 2000s when other lubricant companies where allowed to operate in the market. 12 percent of the shares of the Eastern Lubricants Blenders Limited are listed on the stock exchange. In 1977, the Eastern Lubricants Blende ...
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Chittagong Stock Exchange
The Chittagong Stock Exchange ( bn, চট্টগ্রাম স্টক এক্সচেঞ্জ) is a stock exchange based in the port city Chittagong, Bangladesh. It is one of the twin financial hubs of the country, alongside the Dhaka Stock Exchange. Established in 1995, the exchange is located in the Agrabad business district in downtown Chittagong. It has a combined market capitalization of over US$ 38 billion as of 2020. Timeline *1 April 1995 CSE incorporated as a company. *10 October Floor trading started in cry out system. *4 November 1995 formally opened by then former Prime Minister Begum Khaleda Zia. *30 May 2004 Internet based Trading system opened. *8 July 2015 CSE launched new brand logo. Trading hours Market opens at 09:30 am local time. Market closes at 01:50 pm local time. 2010-11 crash The bullish market turned bearish during 2010, with the exchange losing 1,800 points between December 2010 and January 2011. Millions of investors have been ren ...
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Dhaka Stock Exchange
The Dhaka Stock Exchange (DSE) ( bn, ঢাকা স্টক এক্সচেঞ্জ ''Dhaka stôk ekschenj''), located in Nikunja, Dhaka, is one of the two stock exchanges of Bangladesh, the other being the Chittagong Stock Exchange. In 2021, the combined market capitalisation of listed companies on the Dhaka bourse stood at over $68 billion. History First incorporated as East Pakistan Stock Exchange Association Ltd on 28 April 1954 and started formal trading in 1956. It was renamed as East Pakistan Stock Exchange Ltd on 23 June 1962. Again renamed as Dacca Stock Exchange Ltd on 13 May 1964. After the liberation war in 1971 the trading was discontinued for five years. In 1976 trading restarted in Bangladesh, on 16 September 1986 DSE was started. The formula for calculating DSE all share price index was changed according to IFC on 1 November 1993. The automated trading was initiated on 10 August 1998 and started on 1 January 2001. A central securities depository sys ...
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Petroleum Product
Petroleum products are materials derived from crude oil (petroleum) as it is processed in oil refineries. Unlike petrochemicals, which are a collection of well-defined usually pure organic compounds, petroleum products are complex mixtures. The majority of petroleum is converted to petroleum products, which includes several classes of fuels. According to the composition of the crude oil and depending on the demands of the market, refineries can produce different shares of petroleum products. The largest share of oil products is used as "energy carriers", i.e. various grades of fuel oil and gasoline. These fuels include or can be blended to give gasoline, jet fuel, diesel fuel, heating oil, and heavier fuel oils. Heavier (less volatile) fractions can also be used to produce asphalt, tar, paraffin wax, lubricating and other heavy oils. Refineries also produce other chemicals, some of which are used in chemical processes to produce plastics and other useful materials. Since petroleu ...
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Padma River
The Padma ( bn, পদ্মা ''Pôdma'') is a major river in Bangladesh. It is the main distributary of the Ganges, flowing generally southeast for to its confluence with the Meghna River near the Bay of Bengal. The city of Rajshahi is situated on the banks of the river.Hossain ML, Mahmud J, Islam J, Khokon ZH and Islam S (eds.) (2005) Padma, Tatthyakosh Vol. 1 and 2, Dhaka, Bangladesh, p. 182 . Since 1966, over of land has been lost due to erosion of the Padma. History Etymology The Padma, Sanskrit for lotus flower, is a mentioned in Hindu mythology as a byname for the Goddess Lakshmi. The name ''Padma'' is given to the lower part of the course of the Ganges (Ganga) below the point of the off-take of the Bhagirathi River (India), another Ganges River distributary also known as the Hooghly River. Padma had, most probably, flowed through a number of channels at different times. Some authors contend that each distributary of the Ganges in its deltaic part is a remnan ...
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Bangladesh Liberation War
The Bangladesh Liberation War ( bn, মুক্তিযুদ্ধ, , also known as the Bangladesh War of Independence, or simply the Liberation War in Bangladesh) was a revolution and War, armed conflict sparked by the rise of the Bengali nationalism, Bengali nationalist and self-determination movement in East Pakistan, which resulted in the independence of Bangladesh. The war began when the Pakistani Military dictatorship, military junta based in West Pakistan—under the orders of Yahya Khan—launched Operation Searchlight against the people of East Pakistan on the night of 25 March 1971, initiating the 1971 Bangladesh genocide, Bangladesh genocide. In response to the violence, members of the Mukti Bahini—a guerrilla resistance movement formed by Bengali military, paramilitary and civilians—launched a mass Guerrilla warfare, guerrilla war against the Pakistani military, liberating numerous towns and cities in the initial months of the conflict. At first, the Pakis ...
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Tejgaon Airport
Tejgaon Airport is a Bangladesh Air Force military base in Dhaka, Bangladesh. It served as the country's sole international airport prior to the construction of Hazrat Shahjalal International Airport. History The British had built military airstrips at Tejgaon, Dhaka during the Second World War for operating warplanes towards the Battle of Kohima and other Burmese war threats. After independence in 1947, Tejgaon Airport became the first airport to operate civil aviation in the then-East Pakistan and it was also a station of the Pakistan Air Force. A number of other British-built military airstrips in Bangladeshi territory were also converted into civil airports – some during the East Pakistan period and some after independence. A few others were converted to STOL (Short Take-off and Landing) ports some years ago. And some are still left alone. The airstrips not yet converted to any civil airport of any kind are at Feni, Rajendrapur, Pahar Kanchanpur, Chakaria and Rasulpu ...
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