Ctg port’s container handling hits record high
Chittagong port handled 31.15 lakh twenty-foot equivalent units (TEUs) of containers so far this year, the highest since it began dealing with containers in 1977, as the economy of Bangladesh is returning to normalcy at a faster clip.
19 December 2021, 18:00 PM
Four fast-track projects on course
With the much-talked about Padma bridge project nearing completion as only 11 per cent of the construction work remains, the authorities concerned hope to complete the project within the deadline by June next year.
16 December 2021, 18:00 PM
Ecnec approves 10 projects
The Executive Committee of the National Economic Council (Ecnec) yesterday approved 10 development projects, half of which were revisions.
7 December 2021, 18:00 PM
560 Model Mosque Project: Rise in cost, delay by 3yrs
The government is set to extend the duration and budget for constructing 560 model mosques-cum-Islamic cultural centres all over the country for the second time by another three years.
6 December 2021, 18:00 PM
Oceangoing ships now at record 80
Bangladesh now has a fleet of 80 oceangoing vessels, a record high since the country’s independence.
2 December 2021, 18:00 PM
Ctg port moves to make import delivery order paperless
In a bid to automate procedures to cut time and business cost, the Chittagong Port Authority (CPA) is set to launch an electronic system from next month to enable importers to receive goods somewhat faster.
25 November 2021, 18:00 PM
Govt to build 11km elevated road over Kishoreganj haors
The government is set to undertake a nearly Tk 3,500-crore project to construct an 11-kilometre elevated road over haors in Kishoreganj to connect the northeastern backwater to the mainland.
22 November 2021, 18:00 PM
Realtors hope for good response
Real estate companies are hoping for a good response from buyers at a four-day housing fair that kicked off in Chattogram yesterday as apartment sales in the port city gained momentum in line with the waning of the coronavirus pandemic.
18 November 2021, 18:00 PM
HR Lines to buy four new ships from Chinese builder
Bangladeshi feeder vessel operator HR Lines, a subsidiary of the country’s only container vessel owning firm Karnaphuli Group, is now in the final stage of negotiations with a Chinese shipbuilder over building four 3,000 TEU-capacity vessels.
11 November 2021, 18:00 PM
Container handlers hike charges, irking businesses
Private inland container depots (ICDs) have raised five types of operational charges, amounting to around Tk 145 crore in additional costs if last fiscal year’s trade volumes are taken into account.
10 November 2021, 18:00 PM
Ctg port, ICDs race to clear 4 days’ backlogs
With a countrywide strike of goods transporters coming to an end on Monday night, the Chattogram port and 19 private inland container depots (ICDs) are now struggling with the backlog of the preceding four days.
9 November 2021, 18:00 PM
Strike of goods transporters taking toll on trade
Though the strike involving public transport was withdrawn on Sunday evening, the owners and workers of vehicles engaged in transporting goods continued to enforce their countrywide protest as of yesterday evening, taking a toll on export, import and trade.
8 November 2021, 18:00 PM
Losses pile up for traders, exporters
Losses piled up for local traders and exporters yesterday as goods could not move owing to the countrywide transport strike.
7 November 2021, 18:00 PM
Power, gas up for hike next
Power and gas are likely to become pricier next after diesel, kerosene and liquefied petroleum gas as the government looks to calibrate the prices in the local market following a global price spiral since July.
6 November 2021, 18:00 PM
Transport strike: RMG faces supply chain hiccups
The countrywide transport strike disrupted the smooth functioning of the apparel supply chain in Bangladesh for the second straight day yesterday, hurting the recovery of the garment shipment.
6 November 2021, 18:00 PM
Vaccine Purchase: Bangladesh to get $500m from AIIB
The Asian Infrastructure Investment Bank (AIIB) is set to provide $750 million for vaccine purchase and to help the economy to recover from the fallout of the global coronavirus pandemic.
3 November 2021, 18:00 PM
Pledged Chinese Loan; Coming but at crawling pace
In 2017, with the view to alleviating the capital’s absurd traffic congestion, the government took up the Dhaka-Ashulia Elevated Expressway project to implement largely with Chinese funding.
28 October 2021, 18:00 PM
Govt goes slow on $3b IMF loan offer
In a rare move, the government is not rushing into a $3-billion loan offer from the International Monetary Fund (IMF) as Bangladesh has received a huge amount of budget support from multilateral lenders to fight the impacts of the coronavirus pandemic.
18 October 2021, 18:00 PM
Rooppur Nuclear Power Plant: On course to firing ahead of schedule
The Rooppur Nuclear Power Plant is expected to become operational from 2023, months ahead of the scheduled 2024 timeframe, said Shaukat Akbar, its project director.
14 October 2021, 18:00 PM
Total debt to GDP hit a 13-yr high at the end of FY2020-21
Bangladesh is taking on increasingly higher levels of debt to fund its infrastructure spending, crucial for the economy to level up to a middle-income one by 2041.
12 October 2021, 18:00 PM