Meghna Group of Industries (MGI) and TK Group, two major commodity processors in Bangladesh, are set to enter into the milling and marketing of rice, a move that may intensify competition but drive small operators out of the market.
The Meghna Group of Industries, one of the country's leading businesses houses, yesterday launched two oceangoing dry bulk carriers in a bid to strengthen its capacity to carry both local and international cargo. MV Meghna Princess and MV Meghna Adventure have a carrying capacity of 62,500 tonnes each. With these two, the Meghna now owns eight oceangoing vessels. The Meghna