Bangladesh Sugar and Food Industries Corporation
| Formation | 1 July 1976 |
|---|---|
| Headquarters | Dhaka, Bangladesh |
Region served | Bangladesh |
Official language | Bengali |
Revenue |  $ - 96 million (2019) |
| Website | bsfic |
Bangladesh Sugar and Food Industries Corporation or BSFIC,[1] is a government owned corporation in Bangladesh that is charge of sugar production.[2][3]
History[]
Bangladesh Sugar and Food Industries Corporation was established on 1 July 1976.[4] AKM Delwar Hossain is the present chairman of the corporation.[5] It is in charge of 15 state run sugar mills in Bangladesh.[6] The agency has been trying to export sugar to Europe.[7] Private dealers in 2012 were not taking orders from the corporation as it was selling to them at higher price then the market rate.[8] It has lobbied for more tariffs on imports to increase sales and reduce its stockpile of sugar.[9] In 2014 the corporation started selling sugar at 40 taka per kg which is half the production cost.[10]
Notable companies[]
- Carew & Co (Bangladesh) Ltd
- Joypurhat Sugar Mill
- Shyampur Sugar Mills
- Renwick Jajneswar & Co Limited
References[]
- ^ "Govt to export 50,000 tonnes of surplus sugar". The Daily Star. 16 January 2013. Retrieved 6 October 2016.
- ^ "Sugar Industry". Banglapedia. Retrieved 6 October 2016.
- ^ "Sugar consumption on the rise". The Daily Star. 11 August 2016. Retrieved 6 October 2016.
- ^ "Bangladesh Sugar & Food Industries Corporation". Bangladesh Sugar and Food Industries Corporation. Retrieved 6 October 2016.
- ^ "Good days ahead for sugarcane growers". The Daily Star. 4 September 2016. Retrieved 6 October 2016.
- ^ "Sugar prices rise". The Daily Star. 20 December 2015. Retrieved 6 October 2016.
- ^ "Bangladesh raises duty on sugar imports". Reuters India. Retrieved 6 October 2016.
- ^ Parvez, Sohel (1 July 2012). "Dealers not buying sugar from govt agency". The Daily Star. Retrieved 6 October 2016.
- ^ "Sugar imports become costlier". The Daily Star. 27 August 2015. Retrieved 6 October 2016.
- ^ "Sugar mills stuck in huge losses". The Daily Star. 29 August 2014. Retrieved 6 October 2016.
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- 1976 establishments in Bangladesh
- Government-owned companies of Bangladesh
- Manufacturing companies based in Dhaka
- Sugar mills in Bangladesh
- Food and drink companies of Bangladesh
- Agriculture companies of Bangladesh
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