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The economic fallout from the coronavirus pandemic could inflict “significant scarring” worldwide and the outlook for recovery remains highly uncertain, IMF chief economist Gita Gopinath said Friday.

Appreciating the proposed budget for fiscal 2020-21, Dhaka Stock Exchange (DSE) today said it is a cutting-edge, unprecedented and pro-people fiscal plan for the general investors in the capital market.

A rise in cost of mobile phone services has caused an outburst among the customers as they are depending more on phone calls, texts and internet for communication, study and business amid the coronavirus pandemic.

Amid the growing unemployment and poverty rate during the shutdown period due to COVID-19, economists and businesses urged the government to distribute all stimulus packages properly in the affected sectors.

The country’s mango, litchi and other summer fruit growers are facing a double blow due to supply disruption during the coronavirus pandemic as well as fall in production.

The spread of coronavirus across the country seems to have put seafood exporters on the edge, as they fear that the emerging situation could hamper the movement of marine consignments to overseas destinations.

Global economic growth could rebound next year — but the number of people living in extreme poverty is expected to remain unchanged after a huge surge this year due to the coronavirus pandemic, the World Bank warned Tuesday.

Clothing factory workers have dismissed owners’ lobby BGMEA’s figure that only 299 among around 4 million workers of the industry have contracted coronavirus while more than 70,000 people have tested positive for COVID-19 in three months in Bangladesh.

Bangladesh Economic Association (BEA) placed on Monday a Taka 13,96,600 crore alternative budget for the fiscal 2020-21 (FY21) amid at tackling the impact of the COVID-19 pandemic and building Bangladesh with the spirit of the Liberation War.

The South Asian region holds the highest number of poor people in the world. Bangladesh’s poverty rate is over 20 percent. There is vulnerability in the labor market, where in Bangladesh more than 85 percent of labor is in the informal sector, while Sri Lanka has 60 percent-65 percent of …