Real-Estate & Infrastructure

Once disqualified despite being the lowest bidder, the same contractor, Abdul Momen Limited, was picked again for widening part of the Elenga-Rangpur highway.

Former governor of Bangladesh Bank and National Char Alliance President Dr. Atiur Rahman has urged the policymakers to take an effective initiative for building an institutional structure for the people of char areas.

The Customs authorities in Chattogram have shown extraordinary performance despite the pandemic with the revenue projected to see a 20 per cent growth this fiscal.

State Minister for Shipping Khalid Mahmud Chowdury said on Monday operations of land ports in the country along with their law-enforcers and customs officials concerned are required to be brought under one umbrella for smooth and efficient functioning of the ports.

The dual rules regulating the bitumen sector are taking a heavy toll of tax on the local producers and granting tax waiver and other privileges to the importers — creating an uneven competition in the market.

Speakers stressed on Sunday the need for quick vaccination to develop people’s immunity; otherwise the country’s export may face a setback.

Only 14 per cent of the annual development programme (ADP) of the proposed budget was directly youth-focused, a SANEM study revealed on Sunday.

The reconditioned car importers sought 45 per cent depreciation in duty for import of reconditioned cars and withdrawal of supplementary duty on import of widely used microbuses.

The Chittagong port has handled 2,57,421 TEUs (twenty-foot equivalent units) of containers in the month of May, 2021, which is apparently 25.69 percent higher than the same period of the preceding year, according to the Chittagong Port Authority (CPA).

The Bangladesh Bank on Monday said that the existing policy relaxation would remain effective till December 31, 2021 instead of June 30, 2021 to support export business amid the Covid-outrbeak fallout.