Bangladesh shuts production at six state-owned sugar mills amid mounting losses

The government has decided to shut down production at six of the 15 state-owned sugar mills amid the threshing season in a bid to cut its losses

Dec 05, 2020
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The government has decided to shut down production at six of the 15 state-owned sugar mills amid the threshing season in a bid to cut its losses.

The development has spread panic among workers and officials of these factories but the Sugar and Food Industries Corporation (BSFIC) has said they will continue to receive their salaries.

A letter setting out the decision, taken earlier this month, reached the managing directors of the respective mills on Thursday.

https://bdnews24.com/economy/2020/12/05/bangladesh-shuts-production-at-6-state-owned-sugar-mills-amid-mounting-losses

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