Port and Shipping
BTTC wants duty free rice imports
The Bangladesh Trade and Tariff Commission (BTTC) has requested the government to temporarily withdraw import duty on rice to increase the supply and, in turn, contain the price of this staple food in the local markets.
Bangladesh may not regain US GSP soon
Bangladesh is unlikely to regain benefits offered under the generalised system of preferences (GSP) from the United States if the programme is revived in the near future because of several issues related to labour rights in the country, Finance Adviser Salehuddin Ahmed said yesterday.
New administrator forms 10-member panel to run BGMEA
They are: Md Shahidullah Azim, Enamul Haque Khan (Bablu), Miran Ali, M Mohiuddin Chowdhury, Asif Ashraf, Rezwan Selim, ANM Saifuddin, Md Shihabuduzza Chowdhury, Shams Mahmud and Sharif Zahir
Trade through Benapole to remain suspended for 4 days until Oct 24
The suspension was imposed, as Indian minister will open a terminal at Petrapole on October 24
New policy introduced for goods transport by lighter vessels
The Bangladesh Water Transport Coordination Cell will manage allocation and scheduling of lighter vessels
Garment export to US falls 9.16% in Jan-Aug
Data released from the Office of Textiles and Apparel (OTEXA) showed the fall
Merchant marine officers’ body demands overall reform in maritime sector
Bangladesh Merchant Marine Officers’ Association made the call in a press briefing
White paper to focus on mega projects, not all dev projects: Debapriya
The 12-member panel held its first meeting today, the next one on Sep 3
Major economic indicators showing signs of improvement: MCCI
Imports, remittances and forex reserves are likely to increase, the leading chamber says
Importers can take delivery of 1,850 containers from Pangaon terminal: NBR
The permission was given as rail communication to Kamalapur ICD has remained suspended
BGMEA’s opposition panel demands cancellation of existing board
The Forum wants intervention of the commerce adviser and a re-election at the garment makers’ platform
$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
Freight train suspension deepens Ctg port’s container congestion
The suspension began on August 3
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’
Trade through Benapole resumes
Trade through Benapole land port resumed today after remaining closed for four days due to a lack of security amid countrywide political unrest centring the fall of the Awami League government
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
Garment factories not reopening tomorrow
The BGMEA took the decision today in an emergency meeting