Govt to procure 25,000 MTs sugar, 2.20cr litres soybean oil | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Thursday
May 15, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
THURSDAY, MAY 15, 2025
Govt to procure 25,000 MTs sugar, 2.20cr litres soybean oil

Economy

BSS
09 March, 2023, 05:50 pm
Last modified: 09 March, 2023, 09:02 pm

Related News

  • NBR lifts 5% advance import tax on crude soybean and palm oil
  • 'Will try to bring down prices soon', commerce adviser says as soybean oil prices go up by Tk14/litre
  • Soybean oil price up Tk14 amid traders’ push for hike after tax waiver expiry
  • Govt to procure 2 cargos of LNG, 1.20cr litres of soybean oil
  • Soybean rots in warehouses with no buyers, prices hitting 10-yr low

Govt to procure 25,000 MTs sugar, 2.20cr litres soybean oil

BSS
09 March, 2023, 05:50 pm
Last modified: 09 March, 2023, 09:02 pm
Govt to procure 25,000 MTs sugar, 2.20cr litres soybean oil

The Cabinet Committee on Government Purchase (CCGP) today approved separate proposals for procuring some 25,000 metric tonnes of sugar, 60,000 metric tonnes of urea fertilizer and 2.20 crore litres of soybean oil.

The approval came from the 9th meeting of the CCGP this year today virtually with Finance Minister AHM Mustafa Kamal in the chair.

A statement issued by the Ministry of Finance after the meeting said that the CCGP meeting approved a total of 13 proposals.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Out of those proposals, six were from the Ministry of Shipping, three from the Ministry of Commerce, two from the Ministry of Industries, and one each from the Energy and Mineral Resources Division and the Road Transport and Highways Division.

It said the state-run Trading Corporation of Bangladesh (TCB) will procure some 12,500 metric tonnes of sugar under the local Direct Procurement Method (DPM) from Global Corporation, Dhaka with Tk132.50 crore.

Besides, the TCB would also procure 12,500 metric tons of sugar from Golden Wings General Trading FZE, UAE (Local agent: Shanzaib Ltd Dhaka) under the international DPM method.

Apart from these, the government would procure some 2.20 crore litres of soybean oil through the international DPM method.

Following two separate proposals from the Ministry of Industries, Bangladesh Chemical Industries Corporation (BCIC) would procure some 30,000 metric tonnes of bagged granular urea fertilizer under the 13th lot from KAFCO, Bangladesh with around Tk105.62 crore.

Besides, the BCIC would procure some 30,000 metric tons of bulk granular urea fertilizer from SABIC Agri-nutrients Company, Saudi Arabia under the 19th lot under a state-level agreement with around Tk107.28 crore.

Apart from these, Petrobangla following a proposal from the Energy and Mineral Resources Division would procure some 33.60 lahks MMBtu LNG from M/S Total Energies Gas and Power Ltd Switzerland with around Tk618.21 crore.
 

Top News

Sugar / soybean oil

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Shift to market-based exchange rate regime – what does it mean for the economy?
    Shift to market-based exchange rate regime – what does it mean for the economy?
  • A JnU student announcing an indefinite sit-in programme over three-point demand at Kakrail in Dhaka on 14 May night. Photo: Sakhawat Prince/TBS
    'Won't leave until demands met': JnU protesters announce indefinite sit-in at Kakrail over three-point demand
  • Naser Ezaz Bijoy. Sketch: TBS
    Now is an opportune moment to trial market-based exchange rate: StanChart CEO Bijoy

MOST VIEWED

  • Shahriar Alam Shammo. Photo: Collected
    3 arrested over JCD leader Shammo killing
  • Chief Adviser Muhammad Yunus speaking at Chittagong Port on 14 May 2025. Photo: CA Press Wing
    Ctg port must emerge as best with int'l standard facilities for economic growth: CA
  • Infograph: TBS
    Govt plans to align official land price with market rates
  • Infographics: TBS
    $3.5b loan unlocked with shift to market-based exchange rate
  • Chief Adviser Muhammad Yunus on a visit to Chattogram on 14 May 2025. Photo: TBS
    CA Yunus begins Chattogram tour with packed engagements
  • Shuchita Sharmin. File Photo: Courtesy
    Barishal University VC, pro-VC, treasurer removed in the face of student protest

Related News

  • NBR lifts 5% advance import tax on crude soybean and palm oil
  • 'Will try to bring down prices soon', commerce adviser says as soybean oil prices go up by Tk14/litre
  • Soybean oil price up Tk14 amid traders’ push for hike after tax waiver expiry
  • Govt to procure 2 cargos of LNG, 1.20cr litres of soybean oil
  • Soybean rots in warehouses with no buyers, prices hitting 10-yr low

Features

An old-fashioned telescope, also from an old ship, is displayed at a store at Chattogram’s Madam Bibir Hat area. PHOTO: TBS

NO SCRAP LEFT BEHIND: How Bhatiari’s ship graveyard still furnishes homes across Bangladesh

8h | Panorama
Sketch: TBS

‘National University is now focusing on technical and language education’

1d | Pursuit
Illustration: TBS

How to crack the code to get into multinational companies

1d | Pursuit
More than 100 trucks of pineapples are sold from Madhupur every day, each carrying 3,000 to 10,000 pineapples. Photo: TBS

The bitter aftertaste of Madhupur's sweet pineapples

1d | Panorama

More Videos from TBS

Mustafizur joins Delhi Capitals, but BCB unaware — will he get the NOC?

Mustafizur joins Delhi Capitals, but BCB unaware — will he get the NOC?

1d | TBS SPORTS
Are the murders of Samya and Parvez tied to the same thread?

Are the murders of Samya and Parvez tied to the same thread?

5h | Podcast
Trump urged the President of Syria to normalize relations with Israel.

Trump urged the President of Syria to normalize relations with Israel.

6h | TBS World
Record Gold Prices: Will You Invest or Risk Falling into Trouble?

Record Gold Prices: Will You Invest or Risk Falling into Trouble?

7h | Others
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net