Dwaipayan Barua

Chattogram port has advanced three steps in a year to become the world’s 64th busiest port in terms of annual throughput of containers in 2021.

Chattogram port has advanced three steps in a year to become world’s 64th busiest port in terms of annual throughput of containers in 2021.

The government yesterday approved revisions to three projects involving Tk 3,707 crore, pushing up the collective completion cost by some Tk 1,053 crore. 

The Chattogram based Pacific Jeans Group is planning to set up rooftop solar power plants in all 10 of its manufacturing units by 2025 in a bid to get at least 20 per cent of the group’s energy requirement from renewable sources.

Revenue collection grew 15.51 per cent year-on-year to Tk 300,179 crore in the just-concluded fiscal year of 2021-22, according to the provisional data of the National Board of Revenue (NBR).

The Chattogram Port Authority (CPA) is very confident about the port facilities being compliant with international regulations ahead of a scheduled annual visit by the US Coast Guard this week despite its ongoing struggle to handle a number of abandoned import containers with dangerous cargo.

Bangladesh Bank plans to sign a memorandum of understanding (MoU) with 10 commercial banks for taking various steps on a pilot basis, including periodically publishing their lists of defaulters, in a bid to reduce their default loans. 

The planned trial berthing of a vessel at the newly built Patenga Container Terminal (PCT) in the Chattogram port could not be begun yesterday due to the non-completion of some works. 

In a rare event, two containers separately arrived at the Chattogram port with a similar unique number, an unusual incident in the international shipping business.

The Chattogram port is facing a fresh surge in both container and cargo congestion mainlydue to slow delivery of goods for ten days since the Eid vacation, disrupting scheduled departure and berthing of vessels.

At long last a new container terminal is going to be added to the Chattogram port as the authority is going to start trial operation of a newly built Patenga Container Terminal (PCT) this week.   

Shinest Apparels, a Dhaka-based garment factory, sent eight truckloads of export cargo to a private inland container depot (ICD) in Chattogram eight days ago for shipment through the country’s premier port.   

The digitalisation of 66 percent of the services offered by six ministries/divisions has saved both time and money of the ordinary people and also ensured service delivery, found a recent study by the Implementation Monitoring and Evaluation Division.

Two more quayside gantry cranes, also known as ship-to-shore cranes, are going to be added to the existing ones at the Chattogram port by this week to enhance the port’s efficiency in handling containers to and from vessels.   

The Chittagong Port Authority (CPA) recently saved an oceangoing ship, which was severely damaged in a mid-sea accident that could have caused the loss of export cargoes worth Tk 800 crore and create an obstacle for navigation.

The Chittagong Port Authority (CPA) has recently saved a severely damaged oceangoing ship, victim of an accident mid sea, which could have caused loss of export cargoes worth Tk 800 crore and block the whole channel for future navigation.

The government is likely to bring some changes in its budget proposals, including enabling one of its three offers at legalising laundered money to require even lesser tax payments.

Following the deadly fire at a private inland container depot earlier this month, the Chattogram Port Authority (CPA) has taken steps to tighten fire safety measures, modernise storage of dangerous cargoes and speed up delivery.

Two companies, which handle a major portion of Bangladesh’s hydrogen peroxide exports, have been forced to stop production as most shipping lines are declining to carry the chemical following a deadly fire at an inland container depot (ICD) last week.

Money laundered out of the country can be legalised in exchange of seven to fifteen percent tax under a new proposal aimed to boost revenue as well as mobilise foreign currency.