BM Depot gets go-ahead for RMG cargo handling
Privately owned BM Container Depot resumed handling export cargoes on a limited scale today after over four and a half months of the fatal explosion at the depot on June 4 that left 51 people dead.
26 October 2022, 10:38 AM
Movement of containerised cargo drops at Ctg port
Import and export of containerised cargo through the country’s premier seaport in Chattogram fell in the first quarter of the current fiscal year compared to that last year, indicating a slowdown in foreign trade resulting from global economic downtrends.
17 October 2022, 03:00 AM
Revenue collection growth slows
The revenue collection growth decelerated to 12.63 per cent in Bangladesh in the first quarter of the current fiscal year, driven by the cost-of-living crisis at home and abroad, narrowing the fiscal space for the government, official figures showed.
16 October 2022, 02:30 AM
Freight forwarders seek bonded warehouses to handle export cargoes
The government should allow freight forwarders to set up and run bonded warehouse facilities with a view to handling export and import cargoes smoothly, said Bangladesh Freight Forwarders Association (BAFFA) Vice President Khairul Alam Suzan.
12 October 2022, 03:40 AM
FY23 growth for Bangladesh: IMF lowers forecast to 6pc
The International Monetary Fund has cut Bangladesh’s growth forecast to 6 percent for fiscal year 2022-2023.
12 October 2022, 02:30 AM
Ghorashal Palash urea fertiliser factory: Fertiliser self- sufficiency delayed
The Tk 10,460 crore Ghorashal Palash Urea Fertiliser Factory project, taken up four years ago, is likely to cost 48 percent more and take two more years to be completed.
11 October 2022, 02:30 AM
Denim Expert going after perfection, innovation
Rather than going for mere expansion, Chattogram-based denim exporter Denim Expert Limited wants to attain perfection in its product and innovation as well as achieve environmental sustainability in order to turn the facility into a model factory.
3 October 2022, 03:10 AM
PHP launches soundproof glass production
PHP Family, a Chattogram-based business group, launched soundproof glass production yesterday as a part of its expansion aiming to meet the demand for sound protective and energy efficient glass.
30 September 2022, 02:50 AM
Saif to run container vessels on UAE-Ctg
Saif Powertec entered a deal with Abu Dhabi-based Safeen Feeders yesterday to run three container feeder vessels on the Bangladesh-United Arab Emirates (UAE) and other international routes.
26 September 2022, 18:00 PM
Govt’s foreign loans: Weak taka makes repayment costlier
The government’s foreign debt repayment has become costlier owing to the sharp depreciation of the taka against the US dollar in recent months.
23 September 2022, 02:10 AM
CPA may save Tk 3,600cr on land acquisition
The Chattogram Port Authority (CPA) may not have to spend Tk 3,600 crore to acquire 803 acres of khas land for the Bay Terminal project as the government is considering its application to be given the area for free or at a token price.
22 September 2022, 02:50 AM
Sufferings to linger for 2 more years
The deadline to complete the construction of the Chattogram elevated expressway has been extended for two more years. Meanwhile, the immense suffering of the port city residents in their daily commute is to continue.
20 September 2022, 18:00 PM
Ctg elevated expressway: Cost likely to escalate, wait to lengthen
The cost of the already delayed elevated expressway project in Chattogram city is likely to rise by Tk 1,048 crore and the deadline extended by two more years as a proposal in this regard is set to be placed before an Ecnec meeting today.
13 September 2022, 02:00 AM
Stop hasty year-end spending
The Finance Division has urged all government offices to rein in hasty expenditures at the end of each fiscal year as it destroys fiscal discipline and increases the government’s borrowing cost.
12 September 2022, 02:30 AM
Transit of Indian goods: Last trial runs next week
The last two trial runs aimed at the transit of Indian goods between Kolkata and north-eastern states of the country using Chattogram port in Bangladesh will take place next week.
2 September 2022, 02:50 AM
Govt to appoint consultant for Bay Terminal works
The government will appoint a German joint venture as the consultant for the construction of a breakwater and channel dredging work at the proposed Bay Terminal, a long-awaited project of Chattogram port.
1 September 2022, 03:00 AM
Inland container depots revise down charges
Owners of private inland container depots (ICDs) in Chattogram yesterday revised the charges for all five types of container handling services, a day after the latest government move to trim fuel prices.
31 August 2022, 03:30 AM
BM Container Depot starts partial operations
Privately owned BM Container Depot has partially resumed operations on gaining permission to temporarily handle empty containers after around two and half months of suffering a deadly explosion.
30 August 2022, 03:15 AM
Fuel price hike: Marine fishing industry struggles to stay afloat
Bangladesh’s marine fishing industry is barely keeping head above water as their operating costs have risen significantly after fuel prices were hiked twice in the last eight months.
24 August 2022, 03:15 AM
Patenga Container Terminal: Govt to use IFC advice on appointing operator
Already in talks with a Saudi investor interested in running the newly built Patenga Container Terminal (PCT), Bangladesh recently signed an agreement with International Finance Corporation (IFC) to advise on the modus operandi.
21 August 2022, 03:30 AM