Despite persistent complaints from the nation's corporate and export sectors, the Chattogram Port Authority (CPA) has reaffirmed that it will implement a large tariff rise beginning on October 15th, raising port usage rates and service costs by an average of 41%.
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The Asian Development Bank (ADB) has signed a historic deal with Envoy Textiles Limited for a US $ 30 million loan related to sustainability, the first of its type in Bangladesh.
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Chorka Textile Ltd., fully export-oriented clothing company, has further cemented its dedication to sustainable and ethical textile production by obtaining the globally recognised OEKO-TEX® Organic Cotton accreditation.
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The National Board of Revenue (NBR) has instructed that customs activities will continue nationwide throughout the upcoming Durga Puja holidays.
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Even though the dollar supply increased in August, Bangladesh's import settlements fell by about 11%, mostly as a result of fewer capital machinery imports, which reflected a lacklustre business climate and slow new investment.
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In order to maintain duty-free access to the EU market once it exits the Least Developed Country (LDC) category in November of next year, Bangladesh plans to commission a feasibility study to investigate a free trade deal with the EU government.