Ports and Shipping
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.
Chic Wings (BD) Lingerie to invest $18 million in Bepza Economic Zone
The Sino-Singapore firm will set up a garment manufacturing factory
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
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
Inflation rises to 10.87 percent in October from 9.92 percent in September
Inflation rises to 10.87 percent in October from 9.92 percent in September
Newly formed BWTCC starts allocating serials of lighter vessels
The cell also cuts freight rates by up to 5%
Denim Expo begins in Dhaka tomorrow
Bangladesh Apparel Exchange will organise the two-day expo
Outstanding bills: Adani halves power supply to Bangladesh
India’s Adani Power Jharkhand Limited has halved its power supply to Bangladesh, saying it has yet to receive outstanding bills.
Initiatives taken to reduce container congestion at Ctg port
The Chattogram Port Authority and Chattogram customs have taken the initiative to maintain activities round the clock, even on weekends and public holidays, in a bid to reduce container congestion..These measures were agreed upon after talks with key stakeholders at the Chattogram port bui
$600 million taken in loans from Export Development Fund defaulted
Dhaka-based firms defaulted most of the amount at $558.7 million and Chattogram-based ones $29.7 million
Freight train suspension deepens Ctg port’s container congestion
The suspension began on August 3
Bangladesh economy records sharp contraction in July
Bangladesh’s PMI hit 36.9 where a reading of 50 indicates 'no change' compared to last month and above 50 means economy is generally ‘expanding’
American Apparel & Footwear Association wants quick restoration of normalcy in Bangladesh
The AAFA is the American trade association representing apparel, footwear and other sewn products companies, and their suppliers
Garment factories not reopening tomorrow
The BGMEA took the decision today in an emergency meeting
BGMEA to sit at 7.30pm to decide on factory reopening
The executive committee members of the trade body will took part in the meeting
Trade through Ctg port got disrupted for second day
1,175 TEUs of containers were released from the port today, down from the regular 8,000 TEUs
Dhaka-Chattogram highway, the key trade route, faces disruption again
Most vehicles avoided the highway today
Kamalapur ICD-bound container congestion hits Ctg port
The port yard now has 2,346 TEUs of containers, up from its capacity to store 876 TEUs