Container delivery hits rock bottom
Import containers are piling up at an alarming rate at Chattogram port due to the worst delivery during the Eid holidays and the subsequent poor release of goods for the fresh lockdown, which could cause congestion anew.
25 July 2021, 18:00 PM
Second jetty opens for Matarbari power plant
A cargo vessel yesterday became the first to berth at the second jetty being constructed for unloading coal for the under-construction coal-based power plant at Matarbari in Moheskhali upazila of Cox’s Bazar.
15 July 2021, 18:00 PM
Reforms can save $4b a year in safety net spending: ADB
Bangladesh can save $19.32 billion over the next five years, or about $4 billion annually, if it can eliminate errors and leakages in the social safety net programmes and cut administrative and transaction costs, according to Asian Development Bank.
14 July 2021, 18:00 PM
Colombo-bound ships to get priority in berthing
The Chittagong Port Authority (CPA) yesterday took some decisions, including prioritising berthing for Colombo-bound feeder vessels, aiming at clearing out exports piling up at private inland container depots (ICD).
12 July 2021, 18:00 PM
Trial use of lighter jetty begins
Around eight years past being constructed by the Chittagong Port Authority (CPA), one of the four lighter jetties started undergoing trial operations yesterday.
8 July 2021, 18:00 PM
Plenty of empty containers, only a few are handy
It may surprise many that a lot of empty containers are lying idle at the private inland container depots (ICDs) in Bangladesh when the ICDs are choked with export cargoes for failing to ship them on time due to an acute shortage of empty boxes.
5 July 2021, 18:00 PM
Global container crisis hits local exporters
Bangladesh's export is facing unprecedented delays because of the deepening container crisis globally and squeezed capacity in vessels, fuelled by the rebounding demand in the Western economies.
3 July 2021, 18:00 PM
Cost of foreign tours of Govt officials: Pandemic saves Tk 2,500cr
Every cloud has a silver lining and so has the Covid-19 pandemic. It saved the government and taxpayers around Tk 2,500 crore since March last year.
2 July 2021, 18:00 PM
Cargo handling rises at Ctg port despite pandemic
Despite the Covid-19 pandemic, Chattogram port clocked 3.1 per cent year-on-year growth in container handling in the just-concluded fiscal year, which highlighted the growing foreign trade of Bangladesh, official data showed.
1 July 2021, 18:00 PM
IMED blames faulty feasibility studies
Implementation of government development projects by ministries and divisions suffers years of delays as they, in most cases, are formulated without proper feasibility studies and technical designs.
29 June 2021, 18:00 PM
Hapag-Lloyd suspends bookings of Bangladesh-bound cargoes
Hapag-Lloyd, a German container shipping company, has decided to suspend its booking of import containers bound for Bangladesh via Singapore for a month.
29 June 2021, 18:00 PM
Nationwide Lockdown: Govt taking steps for cash, food aid for the poor
The government is working to take necessary measures to provide cash assistance and food, including rice, edible oil and other commodities to poor who are affected during the countrywide “strict lockdown” to be imposed from Thursday.
26 June 2021, 18:00 PM
10pc tax likely for investing in new factories
The amnesty to legalise undisclosed income without any question and on payment of 10 per cent tax is likely to continue in the upcoming fiscal year for individuals who will make a new investment to set up factories, officials said.
26 June 2021, 18:00 PM
Local firm exporting saplings to Qatar
Bangladesh is now playing a part in Qatar’s initiative of turning deserts into greenery, thanks to local firm which is exporting saplings.
10 June 2021, 18:00 PM
Whitening Black Money: Wholesale scope goes
The opportunity to whiten black money without any question from authorities regarding its source, which was offered by the government in the current fiscal year, is not going to continue the next fiscal year 2021-22.
3 June 2021, 18:00 PM
Small businesses see stimulus funds at last
The cottage, micro, small and medium enterprises, who were among the worst hit for the pandemic, appears to have started seeing the stimulus funds of late after initial reluctance from banks in disbursing credit to the sector.
24 May 2021, 18:00 PM
Legalising Undisclosed Assets: Scope to stay next year
The government will continue to offer the scope for legalising undisclosed money in the upcoming budget, Finance Minister AHM Mustafa Kamal said yesterday.
19 May 2021, 18:00 PM
ADP gets 14pc bigger
It may take four to 12 years to complete 1,426 ongoing development projects because of slow implementation and meagre allocation, highlighting the need for the government to prioritise works and accelerate execution to avoid cost and time overruns.
18 May 2021, 18:00 PM
Mega projects to get Tk 47,283cr from new ADP
The government will allocate Tk 47,283 crore to 12 mega projects, including those on the fast-track list, from the development budget for the upcoming fiscal year.
17 May 2021, 18:00 PM
Ctg chamber walks the same path as FBCCI
Mahbubul Alam has been re-elected president of the Chittagong Chamber of Commerce and Industry (CCCI) in an election that saw all director hopefuls emerging victorious without any votes.
11 May 2021, 18:00 PM