Bangladesh is preparing to finalize an agreement with Saudi company Red Sea Gateway Terminal (“RSGT”) Company to oversee, upgrade, and expand operations at the Patenga Container Terminal in Chittagong Port. In 2021, the Chittagong Port experienced unprecedented activity, handling an impressive 3.2 million TEUs of cargo, solidifying its position as the busiest port in the […]

The Bangladesh Bank has tightened the country’s imports further as the importers will have to maintain up to 100 per cent margin against the import of luxurious and nonessential items, including Sedan car, sport utility vehicle and multi-purpose vehicle. According to the circular, Bangladesh Bank has also brought several items under its high import letter […]