2024.12.15

Regulatory

NEW CUSTOMS TARIFF SCHEDULE EFFECTIVE JANUARY 2025

Bangladesh National Board of Revenue has announced a revised tariff classification schedule that takes effect on January 1, 2025. The changes affect several key import categories including industrial machinery, raw materials for the RMG sector, and pharmaceutical intermediates. Our customs compliance team has completed a full analysis of the impact on current import operations and prepared individual briefings for all active clients. If you have concerns about how these changes may affect your upcoming shipments, please reach out to your dedicated account manager or contact our compliance desk directly.

2024.11.28

Operations

CHATTOGRAM PORT EXPANSION PHASE II COMPLETED

The Chattogram Port Authority has officially completed the Phase II expansion of the New Mooring Container Terminal. The expanded facility increases annual container handling capacity by approximately 35%, adding four new gantry cranes and deepening the berthing channel to accommodate larger Panamax-class vessels. For HAQ C&F clients, this translates to faster vessel turnaround times, reduced port congestion delays, and improved scheduling predictability.

2024.11.10

Company

HAQ C&F LAUNCHES DIGITAL TRACKING PLATFORM

We are pleased to announce the launch of our new digital shipment tracking platform, now available to all HAQ C&F clients. The system provides real-time visibility into your consignment status from the moment a vessel arrives at Chattogram Port through customs clearance, warehouse staging, and final delivery.

2024.10.22

Regulatory

UPDATED ASYCUDA WORLD SYSTEM REQUIREMENTS FOR IMPORTERS

Bangladesh Customs has introduced updated requirements for the ASYCUDA World electronic customs management system, mandating additional data fields for import declarations effective November 2024. The changes primarily affect the Bill of Entry submission process and require more detailed commodity descriptions, enhanced valuation declarations, and additional supporting documentation for certain product categories.

2024.10.05

Industry

BANGLADESH-INDIA TRADE CORRIDOR IMPROVEMENTS ACCELERATE

Recent bilateral agreements between Bangladesh and India have accelerated improvements to key trade corridors connecting Chattogram with major Indian industrial centers. The Akhaura-Agartala rail link restoration and Petrapole-Benapole border facility upgrades are expected to reduce cross-border transit times by up to 40%.