New US tariffs challenge RMG sector, but global competitive edge holds
A high-level meeting between Bangladesh and the Office of the United States Trade Representative (USTR) ended in Washington, DC, yesterday without a major decision, despite the looming expiry of a 90-day negotiation window on July 9.
The United States is Bangladesh’s single largest export destination.
Trade activities restart at Akhaura port, NBR staff protest ends, financial relief
Bangladesh’s exporters fear losses as India has barred the import of several products—including some jute items—through land ports, threatening crucial trade flows and millions of dollars in earnings.
Iran may shut down the route through which Bangladesh’s fuel supplying nations move ships
Chattogram port has set a new record for container handling, surpassing last year's total even before the current fiscal year ends in June, according to a statement by the Chattogram Port Authority (CPA) yesterday.
They gave assurance of not seeking any discount or air shipment or cancelling work orders
State Minister for Shipping Khalid Mahmud Chowdhury gave the assurance today
Online assessment process began Tuesday evening
It also demanded no new charges to be imposed when shipment begins
Banks reopened today after three days of additional general holidays
A huge number of industrial establishments have been built along the highway, hoping to capitalise on the connectivity to the country’s largest seaport in Chattogram
Import and export activities as well as cargo and container delivery were also seriously disrupted at the country's largest seaport due to a nationwide internet blackout since July 18
Production and shipments are dependent on strict lead times set by international clothing retailers and brands, yet the factories have had to be kept shut for the past three days
Garment factories kept production suspended on July 20 and decided to keep the units closed on July 21 as well considering the safety of the workers and the factories amid ongoing countrywide violence and curfew imposed by the government
