SpiceJet Expands International Routes to BD and Myanmar

Denmark has expressed a strong interest in investing in Bangladesh's port infrastructure, offshore wind energy, and the pharmaceutical sector, as revealed in a meeting between Danish Ambassador Christian Brix Moller and Foreign Secretary Md Jashim Uddin. ]

Chattogram Port, Bangladesh's primary maritime gateway, experienced a decline in export container handling in September, processing 75,603 TEUs, down from 78,146 TEUs in August. In contrast, import container handling rose to 117,402 TEUs from 114,708 TEUs.

Shipping lines are expanding direct cargo transport services between Chattogram port in Bangladesh and Chinese ports, the largest source of imports for the country. In fiscal year 2022-23, Bangladesh imported $17.8 billion worth of goods from China, while exports totaled only $677 million, highlighting a significant trade imbalance.

The United Arab Emirates (UAE) has expressed a keen interest in investing in Chittagong Port to foster mutual financial benefits. During a meeting with Brigadier General (Retd) M Sakhawat Hossain, adviser to the interim government on shipping, textiles, and jute, UAE Ambassador to Bangladesh, Abdullah Ali Al Hamoudi, highlighted the expertise of DP World, a Dubai-based multinational logistics company involved in port management across over 60 countries, including the construction of the London Gateway Port.

The Chattogram customs authorities have extended the permission for importers to take delivery of 38 types of imported goods, including food products, from both Chattogram port and private inland container depots (ICDs) for an additional three months, from October 1 to December 31. This extension was granted at the request of the Clearing and Forwarding (C&F) Agents Association.

DHL Express has announced a price increase for services in Bangladesh, effective from January 1, 2025, with an average rise of 4.9%. This adjustment is part of DHL's annual pricing review, influenced by factors such as inflation, currency fluctuations, and increased administrative costs tied to regulatory and security requirements.