The government has conferred President's Award for Industrial Development upon 19 companies in recognition of their distinctive contributions to the economy. In the heavy industries category, British American Tobacco Bangladesh took the first prize, Incepta Pharmaceuticals came in second, while Olympic Industries and Energypac Engineering finished joint-third. Tafrid Cotton Mills clinched the top prize in the medium industries segment, followed by Sheltech Technologies and Echotex as second and Envoy Fashions as the third. Classical Handmade Products led the cottage industries segment ahead of Intelligent Card and Rupkotha Jubo O Mohila Unnayan Sangstha as second and third respectively. He pointed out that companies which ‘pay fair labour fees and gas and electricity bills on time’ were nominated for the award.

Source: bd News24 December 28, 2020 12:11 UTC