The Asian Development Bank or ADB has reshuffled the current year's projects, pushed back a few and included some fresh programmes with the objective of offsetting the impact of the pandemic on life and livelihood in Bangladesh. The changes were made while preparing the country operation business...
Dhaka North City Corporation (DNCC) mayor today placed a Tk 4,506.75 crore budget for 2020-21 fiscal year. The budget is Tk 1,449.51 crore higher than that of last fiscal. The budget was placed at the second board meeting today -- held at a community centre in Mirpur...
Easy access to finance for smaller enterprises is required for employment generation and economic recovery during and after the pandemic, experts said on Saturday. They also called for creating a proper database of the labour market situation in the country to formulate time-befitting policies and provide financial...
Around six million people became jobless in various sectors due to low production and supply chain disruption due to the Covid-19 pandemic, while experts fear the figure might increase if the current situation continued. South Asian Network on Economic Modelling (Sanem) mentioned this yesterday at a webinar on the...
Southeast Asian nations will likely benefit from China’s economic rebound as the country commands a “lion’s share” of regional exports, one economist said this week. China on Thursday said its gross domestic product grew by 3.2% for the second quarter of 2020, compared to the same period a year ago. The country’s GDP shrank...
By the end of 2021, an estimated 33 million people will loss their jobs owing to the fallout of Covid-19, while five emerging sectors will generate 40 lakh new jobs. Access to Information (a2i) – the flagship programme of the Digital Bangladesh agenda – revealed this while sharing...
Global debt surged to a record $258 trillion in the first quarter of 2020 as economies around the world shut down to contain the coronavirus pandemic, and debt levels are continuing to rise, the Institute for International Finance said on Thursday in a report. The IIF, which...
Even amid ongoing debates over economic-recovery strategies, some businesses see a surge in demand for quite a few products. Sales of mobile phone, computer, laptop, TV, refrigerator, construction ms rod, cement, and motorcycle saw a rise in demand in June. Economic activities resumed on May 31 after...
edotco Bangladesh, an integrated telecommunications infrastructure services company, deployed the country's first ever street furniture in collaboration with the Dhaka North City Corporation (DNCC). The new Smart City solution is the result of a recently signed Public Private Partnership (PPP) to develop Smart City Features on a pilot...
French Ambassador to Dhaka Jean-Marin Schuh has said Bangladesh and France have a bright future together despite the difficult times they are going through right now. "More than common interests, we also share a common vision, especially regarding climate change, and we will work every day to...