Bangladesh Sugar And Food Industries Corporation
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Bangladesh Sugar And Food Industries Corporation
Bangladesh Sugar and Food Industries Corporation or BSFIC, is a government owned corporation in Bangladesh that is charge of sugar production. History Bangladesh Sugar and Food Industries Corporation was established on 1 July 1976. AKM Delwar Hossain is the present chairman of the corporation. It is in charge of 15 state run sugar mills in Bangladesh. The agency has been trying to export sugar to Europe. Private dealers in 2012 were not taking orders from the corporation as it was selling to them at higher price then the market rate. It has lobbied for more tariffs on imports to increase sales and reduce its stockpile of sugar. In 2014 the corporation started selling sugar at 40 taka per kg which is half the production cost. Notable companies * Carew & Co (Bangladesh) Ltd * Joypurhat Sugar Mill * Shyampur Sugar Mills Shyampur Sugar Mills a Bangladesh sugar mill. It was started in 1967 by the Pakistani government. At that time East Pakistan had only 5 sugar mills. It ...
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Dhaka
Dhaka ( or ; bn, ঢাকা, Ḍhākā, ), formerly known as Dacca, is the capital and largest city of Bangladesh, as well as the world's largest Bengali-speaking city. It is the eighth largest and sixth most densely populated city in the world with a population of 8.9 million residents as of 2011, and a population of over 21.7 million residents in the Greater Dhaka Area. According to a Demographia survey, Dhaka has the most densely populated built-up urban area in the world, and is popularly described as such in the news media. Dhaka is one of the major cities of South Asia and a major global Muslim-majority city. Dhaka ranks 39th in the world and 3rd in South Asia in terms of urban GDP. As part of the Bengal delta, the city is bounded by the Buriganga River, Turag River, Dhaleshwari River and Shitalakshya River. The area of Dhaka has been inhabited since the first millennium. An early modern city developed from the 17th century as a provincial capital and ...
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Bangladesh
Bangladesh (}, ), officially the People's Republic of Bangladesh, is a country in South Asia. It is the eighth-most populous country in the world, with a population exceeding 165 million people in an area of . Bangladesh is among the most densely populated countries in the world, and 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, one of the easternmost branches of the Indo-European language family. Bangladesh forms the sovereign part of the historic and ethnolinguistic region of Bengal, which was divided during the Partition of India in ...
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Taka
The Bangladeshi taka ( bn, টাকা, sign: , code: BDT, short form: Tk) is the currency of the People's Republic of Bangladesh. In Unicode, it is encoded at . Issuance of bank notes 10 and larger is controlled by Bangladesh Bank, while the 2 and 5 banknotes are the responsibility of the ministry of finance of the government of Bangladesh. The banknotes of Tk. 2 and Tk.5 have mostly been replaced by coins while lower denomination coins (including all poysha coins) up to Tk. 1 have almost gone out of circulation due to inflation. The most commonly used symbol for the taka is "" and "Tk", used on receipts while purchasing goods and services. It was formerly divided into 100 poysha, but poysha coins are no longer in circulation. Etymology According to ''The American Heritage Dictionary of the English Language'' and ''Banglapedia'', the word ''taka'' came from the Sanskrit word ''tankah''. The word ''taka'' in Bangla is also commonly used generically to mean any money, cur ...
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Carew & Co (Bangladesh) Ltd
Carew & Co (Bangladesh) Ltd. is the only licensed distillery producing alcohol made from sugar molasses in Bangladesh and is located at Darshana, Chuadanga, Khulna Division, Bangladesh. It is the only distillery in Bangladesh owned by the Government Of Bangladesh. It is located inside Darsana Sugar Mills compound and is under the authority of Bangladesh Sugar and Food Industries Corporation. It is one of the 15 sugar mills owned by Bangladesh Sugar and Food Industries Corporation that makes a profit. History Carew & Co (Bangladesh) Ltd. traces its origin to the distillery established by the British businessman John Maxwell in 1803. He built the distillery in Kanpur, Uttar Pradesh, British India. The first distillery in the subcontinent. The distillery was successful and started making profits for Maxwel. He hired Robert Russell Carew, spirits specialist. Carew was impressed by the result and bought out the factory with two other investors. Carew hired his younger brother as the ...
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Joypurhat Sugar Mill
Joypurhat Sugar Mill is the largest government owned sugar mill factory in Bangladesh. It is located at the north-western Joypurhat district in Rajshahi Rajshahi ( bn, রাজশাহী, ) is a metropolitan city and a major urban, commercial and educational centre of Bangladesh. It is also the administrative seat of the eponymous division and district. Located on the north bank of the P ... division. It has the capability of thrashing 14,000 metric tons of sugarcane daily. History Joypurhat Sugar Mill was established in 1963 on 100 acre in Joypurhat town. During the Bangladesh Liberation war, the mill was used by Pakistan army as a base. The military set up a court and tried prisoners held there. The prisoners were sentenced to death and executed in the mill. The factory is the largest government owned sugar mill in Bangladesh. Since 1990 the mill has been experiencing loses. The workers in the mill are represented by Joypurhat Sugar Mill Workers Union. In March 201 ...
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Shyampur Sugar Mills
Shyampur Sugar Mills a Bangladesh sugar mill. It was started in 1967 by the Pakistani government. At that time East Pakistan had only 5 sugar mills. It is situated at Shyampur under Badarganj Upazila, 16 kilometers west of Rangpur City. Shyampur Sugar Mills falls under the Bangladesh Sugar and Food Industries Corporation Bangladesh Sugar and Food Industries Corporation or BSFIC, is a government owned corporation in Bangladesh that is charge of sugar production. History Bangladesh Sugar and Food Industries Corporation was established on 1 July 1976. AKM Delwar .... The mill has over 1400 workers. The livelihood of the people of the region depends totally upon this industry. References Sugar mills in Bangladesh Government-owned companies of Bangladesh {{food-company-stub ...
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Renwick Jajneswar & Co Limited
Renwick Jajneswar & Co Limited () is a Bangladesh government owned company that manufactures machines and parts for sugar mills. History Renwick Jajneswar & Co Limited was established in 1881. It is located on a 37-acre site in Kushtia. Renwick Jajneswar & Co Limited was delisted from the Dhaka Stock Exchange briefly after delays with converting paper shares into electronic shares. Renwick Jajneswar & Co Limited had been operating in a deficit and by January 2019 it had been months since workers were paid at the company. It switched from buying scrap metals from state owned sugar mills to a private contractor, Azam & Sons, increasing the cost of raw materials. According to Dhaka Tribune there is a strong syndicate involved in embezzling funds from the company. The newspaper reported that the syndicate is controlled by accountants, Alamgir Hossain and Partha Pratim Saha, of the company. The government of Bangladesh owns 51% of the shareholders while the rest are held by the gene ...
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1976 Establishments In Bangladesh
Events January * January 3 – The International Covenant on Economic, Social and Cultural Rights enters into force. * January 5 – The Pol Pot regime proclaims a new constitution for Democratic Kampuchea. * January 11 – The 1976 Philadelphia Flyers–Red Army game results in a 4–1 victory for the National Hockey League's Philadelphia Flyers over HC CSKA Moscow of the Soviet Union. * January 16 – The trial against jailed members of the Red Army Faction (the West German extreme-left militant Baader–Meinhof Group) begins in Stuttgart. * January 18 ** Full diplomatic relations are established between Bangladesh and Pakistan 5 years after the Bangladesh Liberation War. ** The Scottish Labour Party (1976), Scottish Labour Party is formed as a breakaway from the UK-wide party. ** Super Bowl X in American football: The Pittsburgh Steelers defeat the Dallas Cowboys, 21–17, in Miami. * January 21 – First commercial Concorde flight, from London to Bahrain. * January 27 ...
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Government-owned Companies Of Bangladesh
State ownership, also called government ownership and public ownership, is the ownership of an industry, asset, or enterprise by the state or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. This form is often referred to as a state-owned e ...
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Manufacturing Companies Based In Dhaka
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final product. T ...
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Sugar Mills In Bangladesh
Sugar is the generic name for sweet-tasting, soluble carbohydrates, many of which are used in food. Simple sugars, also called monosaccharides, include glucose, fructose, and galactose. Compound sugars, also called disaccharides or double sugars, are molecules made of two bonded monosaccharides; common examples are sucrose (glucose + fructose), lactose (glucose + galactose), and maltose (two molecules of glucose). White sugar is a refined form of sucrose. In the body, compound sugars are hydrolysed into simple sugars. Longer chains of monosaccharides (>2) are not regarded as sugars, and are called oligosaccharides or polysaccharides. Starch is a glucose polymer found in plants, the most abundant source of energy in human food. Some other chemical substances, such as glycerol and sugar alcohols, may have a sweet taste, but are not classified as sugar. Sugars are found in the tissues of most plants. Honey and fruits are abundant natural sources of simple sugars. Su ...
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Food And Drink Companies Of Bangladesh
Food is any substance consumed by an organism for nutritional support. Food is usually of plant, animal, or fungal origin, and contains essential nutrients, such as carbohydrates, fats, proteins, vitamins, or minerals. The substance is ingested by an organism and assimilated by the organism's cells to provide energy, maintain life, or stimulate growth. Different species of animals have different feeding behaviours that satisfy the needs of their unique metabolisms, often evolved to fill a specific ecological niche within specific geographical contexts. Omnivorous humans are highly adaptable and have adapted to obtain food in many different ecosystems. The majority of the food energy required is supplied by the industrial food industry, which produces food with intensive agriculture and distributes it through complex food processing and food distribution systems. This system of conventional agriculture relies heavily on fossil fuels, which means that the food and agricultural ...
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