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Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has said they have so far cleared salaries and wages of around 95.89 percent workers for the month of March.

As many as 370 factories have missed the Apr 16 deadline for payment of workers amid the coronavirus lockdown despite warning of legal action, according to government data.

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to the global economy, the work place and the spread of the virus.

Large cap companies having notable impact on key index played a pivotal role behind the rise of broad index which crossed 4000-point mark in five sessions conducted before the closure of DSE.

China’s economy suffered its biggest contraction since possibly the mid-1960s after it told millions of people to stay indoors as measure to fight the coronavirus pandemic.

Vegetable farmers have been incurring big losses for weeks due to supply chain disruptions and a poor demand following the countrywide lockdown.

Finance Minister AHM Mustafa Kamal plans to unveil the national budget for next fiscal year on June 11 amid deepening uncertainties brought on by the deadly coronavirus.

The year-long depressed capital market trend sent at least one-fourth issues below their face value of Tk 10 in the Dhaka Stock Exchange.

After World Bank, the International Monetary Fund (IMF) has also projected Bangladesh’s low economic growth for this year as a result of the virus outbreak.