Export
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’
Benapole land port closed indefinitely
Import and export between Bangladesh and India through Benapole land port has been suspended indefinitely
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
BGMEA to sit at 7.30pm to decide on factory reopening
The executive committee members of the trade body will took part in the meeting
Trade through Ctg port got disrupted for second day
1,175 TEUs of containers were released from the port today, down from the regular 8,000 TEUs
Dhaka-Chattogram highway, the key trade route, faces disruption again
Most vehicles avoided the highway today
Kamalapur ICD-bound container congestion hits Ctg port
The port yard now has 2,346 TEUs of containers, up from its capacity to store 876 TEUs
Bangladesh once again second biggest global RMG exporter: WTO
The country now holds 7.4% of global market garment share
Forex reserves decline by $1.3 billion in a month
Reserves stood at $20.48 billion on July 31, down from $21.78 billion a month ago
Govt waives seven-day demurrage for importers
The consignments, which have arrived or are scheduled to arrive at the port in between July 16 and August 5 this year, will get the extended benefit
Rebooting the economy
The crackdown on the nonviolent uprise of the students and the subsequent one thing leading to another chain of events locked down the economy, only figuratively reminiscent of the pandemic in 2020
S&P downgrades Bangladesh rating amid deadly protests
S&P Global has downgraded Bangladesh’s rating amid persistent pressure on the country’s external accounts and deadly protests.
Foreign buyers express concern over timely shipment of RMG
They gave assurance of not seeking any discount or air shipment or cancelling work orders
Govt may waive rent for delayed delivery of imported goods
State Minister for Shipping Khalid Mahmud Chowdhury gave the assurance today
Container delivery, transport from Ctg port gaining momentum
Online assessment process began Tuesday evening
Waive demurrage charges at ports: FBCCI
It also demanded no new charges to be imposed when shipment begins
