The Government of Bangladesh announced an ambitious 30-year development plan to transform the Matarbari-Maheshkhali region into a world-class commercial and industrial center, comparable to major ports like Shanghai and Singapore.
Business News
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The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has appealed to global clothing retailers and brands to boost their sourcing from Bangladesh, emphasizing the country's tariff advantages over competing nations in the United States.
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Chattogram Port has achieved a historic milestone in container operations, following a record-high performance at the New Mooring Container Terminal (NCT) in August. The port now aims to increase its annual handling capacity to 3.7 million twenty-foot equivalent units (TEUs) by the end of 2025.
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Uttara Export Processing Zone (EPZ) is set to resume production on Thursday, 4th September, in all factories except Evergreen Products Factory (BD) Ltd, following recent labor unrest that resulted in the death of a worker and injuries to several others.
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Bangladesh is poised to strengthen its position in global trade through comprehensive reforms in its logistics sector, according to industry leaders who participated in a high-level discussion hosted by the Norwegian Ambassador.
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Startup Bangladesh Limited, the government-owned venture capital firm under the ICT Division in Bangladesh, has announced the appointment of Nurul Hai as its new Managing Director (MD).
