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The International Monetary Fund (IMF) on Wednesday revised down its 2020 forecast for the Asian economy to a contraction of 2.2 percent, calling it “the worst outcome for this region in living memory.”

Rajshahi Krishi Unnayan Bank (RAKUB) has been working relentlessly to recoup the existing losses being caused by the novel Coronavirus (Covid-19) and flood in the country’s northwest region.

Over half the small and medium-sized companies which together provide jobs for two-thirds of European workers fear for their survival in the coming 12 months, according to a survey released by management consultancy McKinsey on Thursday.

The government has decided to import 80,000 metric tonnes (MTs) of bulk urea fertiliser at Tk 1.74 billion.

Nearly one-third of garment workers suffered loss of earnings since the lockdown in late March this year due to the coronavirus pandemic, according to a study.

India has expressed keen interest to make investment in assembling and manufacturing of farm machineries in Bangladesh as country’s traditional farm sector is rapidly switching toward mechanization.

When President Donald Trump visited a Whirlpool factory in Ohio in August, he boasted that his trade policy had led to the creation of about 200 jobs for the appliance manufacturer at the plant.

Asian markets retreated Thursday as the chances of a pre-election stimulus package from Washington dimmed, with Democrats and Republicans struggling to bridge their differences.

Bangladesh garment factory owner Shahidullah Azim laid off 20 per cent of his workers in the wake of the first wave of the coronavirus pandemic. Now watching the second wave build in Europe and the United States, Azim is staring at “an unprecedented crisis”.

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.