Chittagong port’s container handling hits record high
Chittagong port handled 31.15 lakh twenty-foot equivalent units (TEUs) of containers so far this year, the highest since it began dealing with containers in 1977, as the economy of Bangladesh is returning to normalcy at a faster clip. The CPA prepares the data by calculating the number of containers loaded and unloaded at the main jetties of the port, the Pangaon Inland Container Terminal in Keraniganj, and the Kamalapur Inland Container Depot (ICD) in Dhaka. Annual container handling by the port crossed 30 lakh TEUs for the first time in 2019. The growth in the container handling was in the negative last year because of the drop in foreign trade due to the impact of the pandemic. Port officials now say the figure may reach 32 lakh TEUs by the end of 2021. A major portion of imported goods are now directly delivered from the port yards after unstuffing from containers, while only 38 types of inbound goods are sent to the private ICDs for delivery. Once the under construction Patenga Container Terminal starts operation, the port would be capable to handle an additional 0.5 million TEUs containers per year.
Walton launches e-commerce company Walcart
Walton, one of top local electronics and home appliance manufacturers and exporters, yesterday launched its e-commerce platform Walcart Limited to capture a major share of the growing online business. Walcart, with the slogan of Shohoje, Sobkhane, Nirapode (Easy, Everywhere, Safely), is a business-to-business and business-to-customer e-commerce platform through which the company is providing countrywide delivery services of the products and services in more than 30 categories, including Walton products. Walton has hired 5,000 new employees during the coronavirus pandemic and did not sack a single employee.
Rezaul Karim re-elected chairman of Shippers’ Council of Bangladesh
The Election Board of Shippers’ Council of Bangladesh (SCB) led by its Chairman Dr. R. M. Debnath published the final result of election of SCB’s newly elected office bearers and directors for the term 2022 & 2023. Md. Rezaul Karim, Proprietor, S.N. Jute International was re-elected chairman while Md. Ariful Ahsan, Chairman, Silk Container Lines Ltd. was elected Senior Vice Chairman and A. K. M. Aminul Mannan (Khokon), Proprietor, East West Jute Trading Co. Vice Chairman.
Local and Global Stock Indices *
|Index Name||Close Value||Value Change||Percentage Change|
|↓ 532.20||↓ 1.48 %|
|FTSE100||$ 7,269.92||↑ 9.31||↑ 0.13 %|
|Nikkei 225||$ 27,951.84||↓ 593.84||↓ 2.08 %|
World Commodities *
|Commodity||Close Value||Value Change||Percentage Change|
|Crude Oil (WTI)||$ 68.97||↓ 1.89||↓ 2.67 %|
|Crude Oil (Brent)||$ 71.70||↓ 1.82||↓ 2.48 %|
|Gold Spot||$ 1,801.72||↑ 3.61||↑ 0.20 %|
Major Currencies Exchange Rates Movement in Last Seven Days *
|USD 1||BDT 85.8000|
|GBP 1||BDT 113.6507|
|EUR 1||BDT 96.4649|
*CURRENCIES AND COMMODITIES ARE TAKEN FROM BLOOMBERG.<