Port and Shipping
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.
BTTC wants duty free rice imports
The Bangladesh Trade and Tariff Commission (BTTC) has requested the government to temporarily withdraw import duty on rice to increase the supply and, in turn, contain the price of this staple food in the local markets.
Bangladesh may not regain US GSP soon
Bangladesh is unlikely to regain benefits offered under the generalised system of preferences (GSP) from the United States if the programme is revived in the near future because of several issues related to labour rights in the country, Finance Adviser Salehuddin Ahmed said yesterday.
New administrator forms 10-member panel to run BGMEA
They are: Md Shahidullah Azim, Enamul Haque Khan (Bablu), Miran Ali, M Mohiuddin Chowdhury, Asif Ashraf, Rezwan Selim, ANM Saifuddin, Md Shihabuduzza Chowdhury, Shams Mahmud and Sharif Zahir
Trade through Benapole to remain suspended for 4 days until Oct 24
The suspension was imposed, as Indian minister will open a terminal at Petrapole on October 24
New policy introduced for goods transport by lighter vessels
The Bangladesh Water Transport Coordination Cell will manage allocation and scheduling of lighter vessels
Garment export to US falls 9.16% in Jan-Aug
Data released from the Office of Textiles and Apparel (OTEXA) showed the fall
Merchant marine officers’ body demands overall reform in maritime sector
Bangladesh Merchant Marine Officers’ Association made the call in a press briefing
Exports grow 5% in Jul-Sep
Bangladesh shipped $11.37 billion worth of merchandise in the first quarter
Multilateral development banks need reform to expand capabilities: analysts
Experts say at CPD, OECD webinar on the Multilateral Development Finance 2024 report
India sets roadmap to grow textiles industry to $350 billion by 2030
The country also targets generating 6 crore textile jobs by that time, India’s textiles minister says
Indian potato import through Hili resumes after a break of 77 days
Two trucks brought in 47 tonnes of potatoes on September 25
Visiting IMF mission to seek info on NBR’s revenue collection plan
A four-member delegation of the IMF will sit with NBR officials tomorrow
Normalcy returns to garment factories
Most resumed operation while a few are still planning to reopen