import-costs

The US dollar was worth Tk 85 in Bangladesh just a few years ago. In other words, one US dollar could be exchanged for Tk 85. However, the exchange rate has changed over time. As of Monday night, one dollar was trading at Tk 124.34. As a result, the estimated costs of ongoing development projects that were undertaken three to five years ago are no longer the same. It has become impossible to complete these projects within the estimated budgets or the costs projected in their tender docum...

The impact of the fuel price hike has also reached Chattogram Port. The Berth Operators Association has demanded an increase in the rates for container handling at the port’s general jetties due to the higher fuel prices. The operators handle 29 percent of container loading and unloading at six jetties of the port. The equipment used for container handling at the jetties runs on diesel. As a result, they are now facing difficulties due to the increase in diesel prices. If container handli...