April 2023

Ukraine war, high inflation squeeze Bangladesh’s non-RMG exports

Exporters have said that they are facing challenges in adjusting their additional production costs due to gas and electricity price hikes within the country. Additionally, the price hikes of locally sourced raw materials have affected businesses dealing in jute products and frozen and live fish, they added. Data from the Export Promotion Bureau (EPB) show

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Chittagong Port Authority budges on container weight limit in face of protests

The Chittagong Port Authority (CPA) has decided against implementing the new container-weight limit amid protests against the same fearing shipment-cost escalation even as the CPA had moved to enforce the verified gross mass (VGM) of 30.48 tonnes in case of both 20-foot and 40-foot containers. This is as per media reports, which cited the sources

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