Due to a strike by some transport owners who are opposing the increase in port entry fees, export container transportation from a number of inland container depots (ICDs) to Chattogram port has been suspended since this afternoon.
Manufacturing News
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Despite Far East Knitting and Dyeing Industries Ltd., posting a minor increase in earnings for the year ending 30th June 2025 due to greater operational expenses, the board recommended a lesser dividend than the previous year.
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Despite strong protest from importers and exporters to the substantial rise, the Chittagong Port Authority (CPA) began implementing the higher duties after midnight today.
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At least 16 bodies have been discovered at the burned clothing factory in the Rupnagar area of Mirpur, Dhaka, where a serious fire broke out following a possible chemical explosion, according to the Fire Service and Civil Defence.
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The BKMEA and the BGBA have announced a joint initiative to promote efficiency, sustainability, and transparency in Bangladesh's garment industry in order to build a sustainable future for the sector.
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Youngone has committed to an investment of approximately Rs. 900 crore (US $ 101 million) to establish integrated textile manufacturing facilities over 290 acres in KMTP. The project is projected to generate over 12,000 direct jobs, with a larger number of indirect employment across supporting sectors.
