Red Sea impasse to push up cost of importers-exporters

Importers and exporters in Bangladesh started to feel the pinch of the transit disruption through the Red Sea route as major shipping lines announced, and in some cases even began implementing, additional surcharges to cover costs for re-routing their vessels around Africa’s Cape of Good Hope following attacks by the Yemen-based Houthi militant group on the Indian Ocean.
25 December 2023

Shipping dept forms committee to solve disputes

A committee will be formed comprising representatives of all the stakeholders and regulatory authorities to find a way forward by resolving the prevailing disputes among lighter vessel owners regarding transport of import cargo from the Chattogram port on inland waterways.
24 December 2023

Shipping dept calls owners to sit for solution today

The Department of Shipping (DoS) has called a meeting at its Dhaka office today in the afternoon for lighter vessel owners to sit and fix a rift in a platform which coordinates the renting out of the vessels in rotation.
23 December 2023

Post-LDC challenges now a headache for Bangladesh: finance secretary

The govt targets achieving one crore direct taxpayers by 2026, he says
20 December 2023

GSP Finance incurs loss for fourth consecutive quarter

Its EPS stood at Tk 2.75 in the negative in Jul-Sep
20 December 2023

Ctg-based lighter vessel owners announce split from Water Transport Cell

They will operate separately under the Inland Vessel Owners Association of Chattogram
19 December 2023

Indo-Bangla meetings of shipping secretaries begin

The event is going on at Intercontinental Hotel in Dhaka
19 December 2023

Exporters fear delays, surge in cost

Bangladeshi exporters are apprehending prolonged delays in shipments and a surge in transport costs following recent attacks on commercial vessels on the Red Sea
19 December 2023

Bangladesh, India meeting on waterways use Dec 19-20

A meeting between the shipping secretaries of Bangladesh and India is scheduled to begin in a Dhaka hotel on December 20.
14 December 2023

CPA hopes to sign deals with 2 firms by June

CPA is hopeful of signing agreements with two global firms by June next year for the construction of two of three container terminals under a mega Bay Terminal project
14 December 2023

Chattogram port in focus as Russian shipping giant expands in Asia

Fesco introduced a container service in Bangladesh as a part of its push to facilitate direct shipping from the Indian subcontinent to Russia.
14 December 2023

IMF, ADB loans to boost reserves in Dec: Bangladesh Bank

IMF will give $689 million, ADB $400 million and other sources $220 million
13 December 2023

AFC Agro, S Korean firm team up to make molecular diagnostic kits

The kits will help in detection of dengue, chikungunya and other viruses
13 December 2023

42 top Ctg taxpayers honoured

The port city’s income tax department handed over the best taxpayer awards
12 December 2023

Renata all set to enter Australian pharma market

Levonorgestrel 1.5mg, a contraceptive pill, will be the inaugural product
10 December 2023
9 December 2023

Gold hits all-time high of Tk 109,000 a bhori

The new price will be effective from November 30
29 November 2023

Shipbuilders get more time to reschedule loans

The Bangladesh Bank (BB) today extended the deadline for shipbuilders to reschedule their defaulted loans by one month through a down payment of 2.5 percent.
27 November 2023

‘Time for Bangladesh to diversify export basket to UK’

Bangladeshi high commissioner to UK says in meeting with FBCCI president
27 November 2023