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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’

16h ago

Benapole land port closed indefinitely

Import and export between Bangladesh and India through Benapole land port has been suspended indefinitely

1d ago

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

2d ago

Garment factories not reopening tomorrow

The BGMEA took the decision today in an emergency meeting

3d ago

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

3d ago

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

3d ago

Dhaka-Chattogram highway, the key trade route, faces disruption again

Most vehicles avoided the highway today

4d ago

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

5d ago

Bangladesh once again second biggest global RMG exporter: WTO

The country now holds 7.4% of global market garment share

5d ago

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

1w 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

1w ago

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

1w ago

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.

1w ago

Foreign buyers express concern over timely shipment of RMG

They gave assurance of not seeking any discount or air shipment or cancelling work orders

1w ago

Delivery pressure gridlocks Ctg port

Containers got piled up in five layers instead of four

1w ago

Govt may waive rent for delayed delivery of imported goods

State Minister for Shipping Khalid Mahmud Chowdhury gave the assurance today

2w ago

Container delivery, transport from Ctg port gaining momentum

Online assessment process began Tuesday evening

2w ago

Waive demurrage charges at ports: FBCCI

It also demanded no new charges to be imposed when shipment begins

2w ago
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