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Type | Public limited company |
---|---|
DSE: BATBC [1] | |
Industry | Tobacco |
Founded | 1910 |
Headquarters | Mohakhali, Dhaka |
Key people | Shehzad Munim (managing director) |
Products | Cigarettes |
Parent | British American Tobacco |
Website | batbangladesh |
British American Tobacco Bangladesh is one of the largest multinational corporations, operated by British American Tobacco in Bangladesh. They are listed on the stock index of the Dhaka Stock Exchange and Chittagong Stock Exchange. It is doing its business over 100 years in this region. It was founded in Bangladesh in 1910. It had established its first depot at Armanitola in Dhaka. After partition in 1947, it was established in 1949. After the independence of Bangladesh from Pakistan, it was renamed as Bangladesh Tobacco Company (BTC) in 1972. But in 1998, it is again renamed as British American Tobacco Bangladesh (BATB). In Bangladesh, British American Tobacco Bangladesh has more than 1,200 people as direct employees and more than 50,000 people as indirect employees (mostly farmers). [2]
British American Tobacco Bangladesh's motto is "success and responsibility go together". Shehzad Munim is the current managing director of BATB. He is serving as the first ever Bangladeshi MD in the history of BATB. [3]
Bangladesh, officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most-populous and among the most densely populated countries, with a population of around 170 million in an area of 148,460 square kilometres (57,320 sq mi). Bangladesh shares land borders with India to the west, north, and east, and Myanmar to the southeast; to the south it has a coastline along the Bay of Bengal. It is narrowly separated from Bhutan and Nepal by the Siliguri Corridor; and from China by the Indian state of Sikkim in the north. Dhaka, the capital and largest city, is the nation's political, financial and cultural centre. Chittagong, the second-largest city, is the busiest port on the Bay of Bengal. The official language is Bengali.
Dhaka, formerly known as Dacca, is the capital and largest city of Bangladesh. It is the ninth-largest and seventh-most densely populated city in the world. Dhaka is a megacity, and has a population of 10.2 million residents as of 2022, and a population of over 22.4 million residents in Greater Dhaka. It is widely considered to be the most densely populated built-up urban area in the world. Dhaka is the most important cultural, economic, and scientific hub of Eastern South Asia, as well as a major Muslim-majority city. Dhaka ranks third in South Asia and 39th in the world in terms of GDP. Lying on the Ganges Delta, it is bounded by the Buriganga, Turag, Dhaleshwari and Shitalakshya rivers. Dhaka is also the largest Bengali-speaking city in the world.
The economy of Bangladesh is a major developing market economy. As the second-largest economy in South Asia, Bangladesh's economy is the 33rd largest in the world in nominal terms, and 25th largest by purchasing power parity. Bangladesh is seen by various financial institutions as one of the Next Eleven. It has been transitioning from being a frontier market into an emerging market. Bangladesh is a member of the South Asian Free Trade Area and the World Trade Organization. In fiscal year 2021–2022, Bangladesh registered a GDP growth rate of 7.2% after the global pandemic. Bangladesh is one of the fastest growing economies in the world.
British American Tobacco plc (BAT) is a British multinational company that manufactures and sells cigarettes, tobacco and other nicotine products. The company, established in 1902, is headquartered in London, England. As of 2021, it is the largest tobacco company in the world based on net sales.
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Jamuna Oil Company Ltd (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.
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Salman Fazlur Rahman is a Bangladeshi businessman, adviser to the Prime Minister of Bangladesh, and a member of the Jatiya Sangsad. Currently, he is holding the rank of a cabinet minister and serving as the Private Industry and Investment Adviser to Bangladesh Prime Minister Sheikh Hasina. Earlier, he served as the private sector development affairs adviser to her. He was ranked 1685th on the list of billionaires in the world published by Beijing-based Hurun Gobal in 2017. He is the vice chairman of BEXIMCO Group, one of the largest conglomerates in Bangladesh. He was the president of several trade bodies including Association of Television Channel Owners (ATCO).
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IPDC Finance Limited is a private sector financial institution of the country. This is a public limited company and listed in both Dhaka Stock Exchange and Chittagong Stock Exchange. Established in 1981, IPDC is the first private sector financial institution of the country. The company's products and services ranges from corporate finance and advisory services in corporate sector, middle market supply chain finance in SME sector to retail wealth management and retail finances in retail sector. The company is headquartered in Dhaka and has operations in Chittagong, Sylhet, Gazipur, Narayanganj, Bogra, Jessore, Mymensingh, Uttara, Dhanmondi and Motijheel.
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