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© Bakhtiar Zein

Freight forwarders in Bangladesh have raised forwarding charges by 57% for each import bill, blaming fuel oil prices in the domestic market.

Importers are the primary payee of the additional forwarding costs, which will raise the price of imported goods at a consumer level, while the export industry will also suffer, as raw material sourcing will cost more.

The rise follows 25% rate increases by the Bangladesh Inland Depots Association (BICDA) for diesel-linked service charges after the government raised fuel oil prices by as ...

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