Kazi Farms Group is a group of businesses in Bangladesh. Kazi Zahedul Hasan, the managing director, was awarded Business Person of the Year for 2004 by

The Daily Star (Bangladesh) ''The Daily Star'' is a Bangladeshi English-language daily newspaper. It is by far the largest circulating English-language newspaper in the country. Founded by Syed Mohammed Ali on 14 January 1991, as Bangladesh transitioned and restored parl ...

List of sister companies

* Kazi Farms Limited is predominantly a poultry company which produces chicks as well as poultry feed, eggs and chickens across Bangladesh. In addition to poultry feed, it also produces cattle and fish feed, fish hatchlings and

organic fertilizer Organic may refer to: * Organic, of or relating to an organism, a living entity * Organic, of or relating to an anatomical organ Chemistry * Organic matter, matter that has come from a once-living organism, is capable of decay or is the product ...

. * Kazi Food Industries Limited produces the Bellissimo and ZaNZee brands of ice cream, as well as Kazi Farms Kitchen brand of frozen food products across Bangladesh. *Kazi Media Limited (

Deepto TV Deepto TV (; ) is a Bangladeshi Bengali-language satellite and cable television channel, owned and operated by Kazi Media Limited, a subsidiary of Kazi Farms Group. It officially began broadcasts on 18 November 2015, and within two weeks became ...

) began broadcasting on 18 November 2015 * Sysnova Information Systems Limited customizes and implements free/open-source

Enterprise Resource Planning Enterprise resource planning (ERP) is the integrated management of main business processes, often in real time and mediated by software and technology. ERP is usually referred to as a category of business management software—typically a suit ...

software for various companies in Bangladesh.

Controversy

On 22 September 2022, the

Bangladesh Competition Commission Bangladesh Competition Commission () is a Bangladesh government The government of the People's Republic of Bangladesh () is the central government of Bangladesh. The government was constituted by the Constitution of Bangladesh comprising t ...

filed a case against Kazi Farms for destabilizing the stable market by increasing the price of eggs at a higher rate than normal. Hearing the case four days later, the Bangladesh Competition Commission criticized the company for following a strange policy for fixing the price of eggs. In this auction system, the company finalizes a price after the dealers and distributors bid on the base price. Kazi Farms replied that egg prices had indeed spiked abnormally for a week, but the reason was a shortage of trucks following a national increase in the price of diesel. Singaporean economist Indranil Chakraborty examined Kazi Farms' auctions and found them to be a fair and reasonable means of selling agricultural commodities such as eggs, which typically fluctuate daily due to supply and demand.

References

Companies based in Dhaka Food and drink companies of Bangladesh {{Bangladesh-org-stub