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In 1989, the Patent Office and the Trademarks Registry were joined. In 2003, the Department of Patents, Designs and Trademarks (DPDT) was established in its present form by the Ministry of Industry. [4] It approves geographical indication for products in Bangladesh. [5]
Jiban Bima Corporation (JBC) is the state-run life insurance corporation in Bangladesh under the provisions of the Insurance Act 1938, Insurance Rules 1958, and related other laws enforceable in Bangladesh in Bangladesh Corporation Act 1973. The JBC started on 14 May 1973 with assets and liabilities worth TK.
On 22 February 2022, Bangladesh Securities and Exchange Commission reformed the board again and appointed Sheikh Kabir Hossain chairman of the board. [10] Beximco Group had taken control of Fareast Islami Life Insurance Company Limited. [11] The insurance company decided to sell assets to pay insurance claims.
On 11 November 2018, there was a fire at Jamuna Fertilizer Company Limited forcing production to close down. The government of Bangladesh imported fertilizer to meet domestic demands. About 570 million taka worth of that imported fertilizer were damaged in September 2019 after being improperly stored in the open.
This demand is increasing day by day. To meet the growing demand of urea fertiliser, steps have been taken by the Govt. of Bangladesh (GOB) to set up a modern technology based, energy efficient and environment friendly granular urea fertiliser factory named Shahjalal Fertilizer Project (SFP) with an annual capacity of 580,800 MT at Fenchuganj.
The organization started in 1953 as the Fauji Foundation when Bangladesh was a province of Pakistan. [2] After the independence of Bangladesh , it was renamed to Sena Kalyan Sangstha in 1972. [ 2 ] Before shifting the head office to Mohakhali , it was headquartered in Motijheel in a 23-storey building named Sena Kalyan Bhaban .
The Department of Environment fined Concord Group 1.4 million taka for building 12-story and two 15-story buildings without their permission. [14]On 17 September 2015, the Bangladesh High Court requested that Concord hand over an 18-story building built on land occupied by the Salimullah Orphanage; said court determined that the contract used to acquire the land was illegal.
An entity named ‘Compressed Natural Gas Company Ltd’ was formed on 1 January 1987 with a view to ensure multi-dimensional use of natural gas, which is a valuable resource of the country by resorting to alternate sources of fuel for preventing air pollution, saving foreign exchange through reduction of import of fuel.