A whopping 37 per cent of employees in the micro, small and medium enterprises (MSMEs) lost their jobs, either temporarily or permanently, within a month and 94 per cent of MSMEs experienced a sharp drop in sales because of the coronavirus pandemic, according to a new survey.
Read More »Survey: 75% MSMEs seek subsidized loans to tackle Covid-19 fallout
On the other hand, 11% firms did not require any support
Read More »Bangladesh likely to surpass India in GDP this year
India’s Covid-19 economic gloom turned into despair this week, on news that its per capita gross domestic product may be lower for 2020 than in neighbouring Bangladesh.
Read More »Banks need to install BB-prescribed ‘Security Operation Centre (SOC)’: experts
Bangladeshi banks need to adopt advanced cyber security systems in line with the regulatory guidelines amid concern that the infrastructures in the country’s banking sector dangerously lag behind, observed cyber security experts, banking sector officials, policymakers and lawyers here today.
Read More »Stocks extend upbeat
Country’s both the bourses, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) continued winning streak as optimistic investors maintained their buying appetite.
Read More »Onion wholesale prices lower but retail market still volatile in port city
People’s queue at open market sales trucks of the Trading Corporation of Bangladesh (TCB) is getting longer day by day for buying onion at subsidised rate in Chattogram though the stock of the kitchen staple in the port city is said to be satisfactory now after arrival of imported onions.
Read More »The never-ending debate over GDP growth
The debate over Bangladesh’s GDP growth forecasts is back again. There is wide variation in the projections made by the multilateral development agencies for the current fiscal year amid deep uncertainties about the near-term trajectory of the global economy as the pandemic is still raging.
Read More »Multiple teams working for conservation of ilish
An 11-member team led by Additional Secretary of the Ministry of Fisheries and Livestock Shah Mohammad Imdadul Haque is working to coordinate and supervise the administration, police, RAB, naval police, navy, air force, coast guard and all other concerned agencies
Read More »BSCIC estate to generate 5,000 jobs in Rajshahi
Development works of the second industrial estate of Bangladesh Small and Cottage Industries Corporation (BSCIC) are progressing aimed at generating employment opportunities for more than 5,000 people in Rajshahi.The estate being developed on 50 acres of land at Parila Kechuatoil area under Paba upazila in the district will also help …
Read More »China economy grows 4.9% in Q3, extending virus recovery
China’s economy continued its rebound from bruising virus lockdowns in the third quarter, clocking 4.9 percent growth on-year, a step closer to pre-pandemic levels, official data showed Monday.
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