Bangladesh needs to reconsider the time it planned to take to graduate from a least developed country (LDC) to a developing one as the coronavirus pandemic has severely affected the economy, said United Nations (UN) high-ups and economists yesterday. Although almost all economic indicators were performing strong...
নতুন অর্থবছরের (২০২০-২১) প্রস্তাবিত বাজেটে কালো টাকা সাদা করার সুযোগ দেয়া এবং বাংলাদেশ ব্যাংক থেকে ভালো ঋণগ্রহীতাদের প্রণোদনা তুলে নেয়ার সমালোচনা করে মেট্রোপলিটান চেম্বার অব কমার্স অ্যান্ড ইন্ডাস্ট্রিজের (এমসিসিআই) সভাপতি নিহাদ কবির বলেছেন, মনে হচ্ছে দেশে ভলো ব্যবসায়ী হওয়া ভালো নয়। এ সময় পুঁজিবাজারের...
United Nations (UN) Secretary-General Antonio Guterres has called for the protection of jobs amid Covid-19. The pandemic has turned the world of work upside down. Every worker, every business, and every corner of the globe has been affected. Hundreds of millions of jobs have been lost, said...
The World Bank estimates a loss of $10 trillion in earnings, over time, for this generation of students – due to school closures in the wake of the Covid-19 pandemic.  The global lender said, in a report, this would happen without remedial action when students start returning...
An allocation has been necessary to prevent the spread of coronavirus on the construction sites of major development projects including mega and fast-track ones aiming to keep the progress of those up in the next fiscal year. According to experts and consultants, as the scope of overcoming...
Visa Inc. (NYSE: V), a leader in payments technology, today unveiled its plans to establish a country liaison office in Dhaka, Bangladesh. The new office is expected to be established before the year-end and will staff a team of executives through whom Visa will introduce new...
Plastic makers yesterday voiced their displeasure about the lack of incentives for them in the proposed budget for fiscal 2020-21. The government has not withdrawn the value-added tax on plastic-made dishes, jugs, mugs, bowls, glasses, dishwashers, baskets, buckets, soap trays, garbage baskets, hand fans and spice trays,...
Economists and businesses on Tuesday expressed doubts about effective implementation of the stimulus packages announced by the government to revive the country’s economy hit hard by the coronavirus pandemic. They also recommended fiscal measures to support the businesses instead of creating pressure on the banking sector for...
Around 3.6 crore people lost their jobs in the 66-day countrywide lockdown declared by the government to contain the coronavirus pandemic, said Bangladesh Economic Association president Abul Barakat on Monday. Barakat made the statement while placing an alternative budget proposal at a press conference held online. He...
Private sector entrepreneurs have asserted that many could starve to death if the production lines fail to reopen after a two-month-long shutdown caused by the novel coronavirus. At a dialogue organised by the Resurgent Bangladesh Thursday in Dhaka, they prescribed relaxing the lockdown further gradually so that the...