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
13 August 2024

$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
13 August 2024
11 August 2024

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’
8 August 2024

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
6 August 2024

Garment factories not reopening tomorrow

The BGMEA took the decision today in an emergency meeting
5 August 2024

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
5 August 2024

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
5 August 2024
4 August 2024

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
3 August 2024

Bangladesh once again second biggest global RMG exporter: WTO

The country now holds 7.4% of global market garment share
3 August 2024

Waive port charges incurred amid recent unrest

The Bangladesh Shipping Agents’ Association (BSAA) has urged the government to waive all port charges incurred for delays in container handling amid the weeklong unrest, internet outage and stringent curfew that began on July 18..The BSAA, the country’s sole trade body for shipping agents,
1 August 2024

Forex reserves decline by $1.3 billion in a month

Reserves stood at $20.48 billion on July 31, down from $21.78 billion a month ago
1 August 2024

Remittance falls 3.2% in July

Banks could not receive any remittance in the five days of countrywide internet blackout this month
1 August 2024

Govt waives seven-day demurrage for importers

The consignments, which have arrived or are scheduled to arrive at the port in between July 16 and August 5 this year, will get the extended benefit
31 July 2024

Foreign buyers express concern over timely shipment of RMG

They gave assurance of not seeking any discount or air shipment or cancelling work orders
29 July 2024

Delivery pressure gridlocks Ctg port

Containers got piled up in five layers instead of four
27 July 2024

Govt may waive rent for delayed delivery of imported goods

State Minister for Shipping Khalid Mahmud Chowdhury gave the assurance today
25 July 2024

Container delivery, transport from Ctg port gaining momentum

Online assessment process began Tuesday evening
24 July 2024

Waive demurrage charges at ports: FBCCI

It also demanded no new charges to be imposed when shipment begins
24 July 2024