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
Export containers stuck at two ICDs
The transport of export and import containers to and from two private inland container depots (ICDs) was suspended as prime mover workers enforced work abstention to realise several demands.
5 October 2021, 18:00 PM
Transport strike called off
Operations at the country’s premier Chattogram sea port have resumed after around 35 hours with a countrywide work abstention enforced by a section of logistics service providers being called off yesterday afternoon.
22 September 2021, 18:00 PM
Transport strike affects export, import
The transport operators’ countrywide strike yesterday affected export and import of goods at a time when businesses have been attempting to make a recovery from the fallouts of the Covid-19 pandemic.
21 September 2021, 18:00 PM
Loan write-offs pick up
Write-off loans rose slightly in the second quarter of 2021, although they remain at the lower level thanks to the eases of rules because of the coronavirus pandemic.
20 September 2021, 18:00 PM
Ctg port sees better turnaround times
In a rare development, Chattogram port has been able to allow container ships to berth faster upon arrival over the past 40 days, enabling brisk delivery of imports.
18 September 2021, 18:00 PM
ADP spending rises
Although the overall implementation of the annual development programme (ADP) marked a rise in the first two months of the new fiscal year compared to the corresponding period a year before, the ADP implementation in the health service sector is still lagging.
14 September 2021, 18:00 PM
GPH Ispat cares for environment while making steel
The steelmaker initiated the massive expansion plan in 2016 and invested Tk 2,390 crore to establish the state-of-the-art plant, which is the second of its kind in the world.
6 September 2021, 19:08 PM
Vessel abandoned off Myanmar leaves 15 importers in limbo
Over a month has passed but 15 Bangladeshi importers are yet to know the fate of a vessel, which was transporting around 11,000 tonnes of their steel products and abandoned by its crew for “water ingress and sinking” off the coast of Myanmar.
4 September 2021, 18:00 PM
Drop in global trade lowers Ctg port rank
An overall decline in the country’s foreign trade last year for the pandemic brought the Chattogram port down nine places in the latest ranking of Lloyd’s List “One Hundred Container Ports 2021” analysing annual container transport of 2020.
24 August 2021, 18:00 PM
Ctg port slips 9 notches to 67th in list of world's busiest ports
The Chattogram port has slipped nine notches down in 2020 to rank 67th in terms of annual throughput of containers among 100 top busiest ports across the world, according to the 2021 edition of Lloyd’s List One Hundred Ports.
23 August 2021, 19:04 PM
Bay Terminal project to gather pace
The construction of the Bay Terminal, a long-awaited project of the Chittagong port, is gaining momentum after slowing down due to the coronavirus pandemic as the government looks to complete it by 2024.
19 August 2021, 18:00 PM
Apparel makers seek direct delivery from port
Garment manufacturers no longer want to take delivery of import consignments from private inland container depots (ICDs) alleging it took up too much time while the charges were exorbitant.
15 August 2021, 18:00 PM
Over 3,000 containers stuck at Indian port
Over 3,000 TEUs (twenty-foot equivalent units) of import-laden containers bound for Bangladesh are stranded at the Indian port of Krishnapatnam as the route’s two sole vessels no longer had permission to berth at the Chattogram port.
11 August 2021, 18:00 PM