The government is likely to go for a strategic 'recovery plan' in the next budget (2020-21) with a greater focus on agriculture and health sectors to revive the national economy hit hard by the coronavirus outbreak. Health, agriculture and mega projects will get priority in this recovery...
The country's apex trade body yesterday called for relaxing the terms and conditions for disbursing loans from the government-announced bailout package such that every sector, especially the cottage, micro and small businesses, can receive funds on time. The country has many cottage and small enterprises that are...
Bamboos worth around Tk6 crore are rotting in Khagrachari and Rangamati for lack of transportation amid the countrywide shutdown over coronavirus pandemic. Piled up beside roads and on river banks, the bamboos are rotting as those dry up in the sun and then get wet in rain. The Chattogram...
Some
125 publicly-traded companies in the manufacturing and service sectors have
expressed fears of heavy losses due to the ongoing coronavirus outbreak. Among
them, 116 companies are in the manufacturing sector, such as RMG, cement,
ceramics, engineering, and tannery sector. The other nine are in the real
estate and service sector. These companies are...
Halaluddin, president of Bangladesh Dokan Malik Samity, an association of shop owners, told UNB they have no access to the Tk 72,750 crore stimulus package declared by the government to address the adverse impacts of the coronavirus pandemic on the country’s economy, though they shut down their...
A full-fledged expanded programme is in shape for upgrading agriculture sector to offset any possible economic crisis, including food scarcity, amid the pandemic. “Many countries of the world might face famines if any food crisis occurs due to the current Coronavirus epidemic . . . for this,...
Solar module manufacturers say the coronavirus outbreak has hampered their operations and forced them to shut down factories leading to a huge financial loss which will be “impossible to overcome without the government’s assistance”. In a recent letter sent to the Commerce Ministry, the manufacturers said the...
Bangladesh Bank has released initially Tk2,000 crore to banks from the government's Tk5,000 crore stimulus package. “We have already released Tk2,000 crore from the stimulus package after getting loans applications from the respective banks. However, 38 banks applied for Tk2,566.19 crore from the package,” said BB Executive...
স্বাচ্ছন্দ্যে চলতে থাকা অর্থনীতি করোনা ভাইরাসের থাবায় রাতারাতি ওলটপালট হয়ে গেল। দ্বিতীয় বিশ্বযুদ্ধের পর বিশ্ব এমন ভয়াবহ পরিস্থিতি আর দেখেনি। অর্থনীতি এত বিপর্যয়কর পরিস্থিতির মধ্যে পড়বে তা হয়তো কারো ভাবনায় ছিল না। রীতিমতো স্তব্ধ বাংলাদেশসহ গোটা বিশ্ব। একের পর এক কর্মী ছাঁটাই হচ্ছে ছোটো-বড়ো সব প্রতিষ্ঠানে।
The Bangladesh Bank would release new currency notes worth up to Tk 30,000 crore on the market on the eve of Eid-ul-Fitr, one of the biggest religious festivals for the Muslims.
The denominations of new currency notes would include Tk 10, Tk 20, Tk 50,...