Ports and Shipping

Ports and Shipping

Export proceeds of $7.6m stuck in Russia: BKMEA

Export proceeds amounting to around $7.6 million owed to 14 Bangladeshi exporters have been stuck in Russia for at least one year as Russian importers are facing a US dollar shortage, according to Mohammad Hatem, president of the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA).

5h ago

April exports grow slightly

Exports stood at $3.01 billion in April

2d ago

Remittance rises 35% in April

Bangladeshi migrants sent home $2.75 billion in the month

3d ago

Patenga container terminal starts import container handling

So far, ships had been taking away export containers

4d ago

Govt plans to hire foreign firms to operate Ctg Port

The government is considering appointing some of the world’s most experienced port operators to manage Chattogram Port and other sea and land ports in the region, said Chief Adviser’s Press Secretary Shafiqul Alam yesterday.

5d ago

Ctg port will earn more if foreign operator is appointed: CPA chairman

Local operator Saif Powertec Ltd is currently operating the port's New Mooring Container Terminal

1w ago

BTMA seeks duty-free access to US for garments made with US cotton

The association sent letters to the US embassy and an American cotton traders’ body

2w ago

Gas price hike, US tariff double blow to industries: experts

The fresh gas price hike has become a major challenge for local industries at a time when they are at risk of experiencing a fall in exports to the US due to the new Trump tariffs, a trade expert said today.

2w ago

Bangladesh’s exports to US may increase: WTO report

Some Least Developed Countries (LDCs), including Bangladesh, are likely to see their exports rise in the US, said a report by the World Trade Organization (WTO).

2w ago

Cancellation of Transhipment due to ‘some developments’

India yesterday said its withdrawal of transshipment facility to Bangladesh for third-country exports should be seen in the backdrop of “some of the developments” that preceded it.

2w ago

Ctg customs saw 12% revenue growth in July-March

Revenue collection by Chattogram Customs House rose 12 percent over the past nine months thanks to the easing of import restrictions, with shipments of Ramadan essentials surging ahead of the month of fasting for Muslims..The country’s top revenue earner collected Tk 55,346 crore in the Ju

2w ago

Increase imports of US goods to reduce trade gap: textile millers

They also suggested increasing US content in manufactured goods to 20% to qualify for reduced tariff rates

3w ago

Chittagong Chamber wants widening of tax net

The CCCI submitted 114 proposals for the upcoming budget

3w ago

Bangladesh poised to become top global apparel exporter: Kihak Sung

The founder of Korean EPZ praises the steps taken by the chief adviser

3w ago

Renata launched 13 products in Europe, Australia, Canada, UK in 2024

The pharmaceuticals will be commercialised under Renata’s branding

4w ago

Poll venue shifted to avert unwanted situation

A group of outsiders led allegedly by a few BNP leaders announced resisting the upcoming election of BSAA

1m ago

Poor navigability hits Payra Port though Tk 6,500cr spent on dredging

Mother vessels can no longer berth directly at Payra

1m ago

CPA, shipping ministry staff to get Tk 60,000 bonus

The shipping ministry has approved a special incentive bonus of Tk 60,000 for all categories of employees of the Chittagong Port Authority (CPA) and the ministry for achieving record cargo and container handling at the port.

1m ago