Ports and Shipping

Ports and Shipping

ACI Motors sells 18.5% stake to Japan’s Mitsui at $22.75 million

Two senior Mitsui executives will join ACI Motors to widen their global reach

23h ago

Panel formed to make tax expenditure policy

The National Board of Revenue (NBR) yesterday formed a nine-member committee to make a policy framework for tax expenditure.

3d ago

CPA to extend deal with Saif Powertec to operate New Mooring terminal

Chittagong Port Authority (CPA) has opted to extend its deal with Saif Powertec Limited, allowing the company to operate its New Mooring Container Terminal (NCT) under direct procurement, as the process of floating an open tender to this end is facing delays..The agreement with the firm is

3d ago

Renata ships first batch of preventative cardiovascular meds to US

The medicine was manufactured at Renata’s Bangladesh factory approved by the US-FDA

5d ago

Pro-BNP Ctg port workers demand cancellation of deal with Saudi firm

Step away from moves to privatise NCT, CCT

2w ago

BSC issues tender to dispose of two old oil tankers

The Bangladesh Shipping Corporation (BSC) has finally taken steps for the disposal of two of its oldest oil tankers, which, according to experts, had become unfit by 2015.

2w ago

Jetties empty at Ctg port as import falls

Many of the Chattogram port’s 12 container jetties have been lying vacant for the last couple of weeks due to a fall in the number of ships amid a decrease in imports..The port currently has 18 jetties. Of these, 12 jetties are dedicated for accommodating container vessels and the remainin

2w ago

6-day furniture fair begins in Chattogram

28 companies are taking part in the event

2w ago

Roadmap is there to implement ILO conventions: commerce adviser

EU Ambassador Michael Miller calls on the adviser

2w ago

KEPZ decides to fast-track land registration

The chief adviser became the first head of state to preside over a meeting of the KEPZ governing body in nine years

2w ago

Businesses will now get up to three years for payment: BB

Earlier, industries could import capital machinery under a 360-day usance term

3w ago

Exports to EU may fall 20%

Bangladesh's overall exports to the European Union (EU) may fall by as much as 20 percent due to the combined impacts of the nation’s graduation from least developed country (LDC) status and the EU-Vietnam Free Trade Agreement (EVFTA), according to a study..Mohammad Abdur Razzaque, chairma

3w ago

Shipping Corporation repays Tk 475cr loans

Bangladesh Shipping Corporation (BSC) repaid Tk 475.25 crore to the interim government as the first instalment of a loan it received from the government and Exim Bank of China in 2016 to purchase ships..Representatives of the BSC handed over the cheque to Chief Adviser Prof Muhammad Yunus

3w ago

Deal with Japan can boost trade

The signing of an economic partnership agreement (EPA) between Bangladesh and Japan will increase bilateral trade and open a new door of opportunities for the South Asian country, Commerce Adviser Sk Bashir Uddin said yesterday.

1m ago

Chic Wings (BD) Lingerie to invest $18 million in Bepza Economic Zone

The Sino-Singapore firm will set up a garment manufacturing factory

1m ago

Cabinet to decide next course of action on Bay Terminal project

A decision on the next course of action centring the Bay Terminal project of the Chattogram port will be taken following a cabinet discussion..Adviser to the shipping ministry Brig Gen (retd) M Sakhawat Hussain informed this at a discussion on the project involving high-level officials at

1m ago

Garment export to US falls 6.29% in Jan-Sep

Bangladesh shipped $5.41 billion worth of apparels to the American market in the nine months

1m ago