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Shipping cost in Bangladesh keeps upward trend as Red Sea Crisis lingers

Shipping cost in Bangladesh keeps upward trend as Red Sea Crisis lingers Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.

Shipping Cost Hike for Red Sea Crisis | Shipping cost keeps upward trend as Red Sea Crisis lingers

Shipping Cost Hike for Red Sea Crisis: Shafiur Rahman, regional operations manager of G-Star in Bangladesh, needs to send 6,146 pieces of denim trousers weighing 4,404 kilogrammes from a Gazipur-based garment factory to Amsterdam of the Netherlands.

Will the dollar crisis frustrate the government s plans to rein in prices during Ramadan?

Despite the government saying that the Ramadan commodities stock is sufficient, it is a given that prices will increase whatever the increase margin is. It is the basic rule of the market. It will happen because of the higher import costs.” - Dr Khondaker Golam Moazzem, Research Director at the Centre for Policy Dialogue

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