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On 20 December 2001, the Government of Bangladesh established a separate Ministry of Expatriate Welfare and Foreign Employment, giving increased importance to the field of foreign employment. The purpose of forming this ministry is to ensure the welfare of expatriate workers and expand foreign employment.
Bangladesh Overseas Employment and Services Limited is a government owned manpower export company located in Dhaka, Bangladesh. [ 1 ] [ 2 ] [ 3 ] As Bangladeshi unskilled workers go to work abroad, their family income doubles.
Bangladesh Insulator and Sanitaryware Factory Limited; Bangladesh Jute Mills Corporation; Bangladesh Machine Tools Factory; Bangladesh Municipal Development Fund [1] Bangladesh Ordnance Factories; Bangladesh Overseas Employment and Services Limited; Bangladesh Parjatan Corporation; Bangladesh Petroleum Exploration and Production Company Limited
S. A. Group of Industries was established in 1988. [3] S.A. Group of Industries started producing Appayan Vegetable Oil in 2006. [4] 17 industries are operating.These include Dhaka and Chittagong edible oil refineries, condensed milk, dairy products, tea leaves, flour, semolina, salt, water, paper and paper products.
The Government agencies in Bangladesh are state controlled organizations that act independently to carry out the policies of the Government of Bangladesh. The Government Ministries are relatively small and merely policy-making organizations, allowed to control agencies by policy decisions.
Wages Earners’ Welfare Fund is a Bangladesh government fund that was created for the welfare of migrant workers and financed by mandatory contributions from migrant workers under the Ministry of Expatriates' Welfare and Overseas Employment. [1] [2] It is managed by the Wage Earners' Welfare Board. [3]
Eastern Refinery Limited, or ERL, is a state-owned oil refinery in Bangladesh. ERL, a subsidiary of Bangladesh Petroleum Corporation , supplies around 40% of the country's current petroleum products demand and thus maintains stability in the petroleum, oil, and lubricants (POL) products market of the country.
Bangladesh Petroleum Corporation deposited 50 billion taka to the national treasury. [9] Bangladesh Petroleum Corporation decided to use private oil tanks to store oil as its own tanks were near full capacity in 2020. [10] This was the result of a 60 percent decline in sales following the lockdown during the COVID-19 pandemic in Bangladesh. [10]