Mobile financial service BKash is jointly working with the garment companies and their associated banks to ensure the apparel workers’ accounts so that the government can pay their wages directly, said a press release.
Read More »‘Best medicine’ is to prepare the way for growth: IMF economist
Faced with a once-in-a-century economic crisis, governments are rolling out massive spending programs that will increase debt and deficits, but IMF economist Gian Maria Milesi-Ferretti said now is not the time to worry about that.
Read More »Even Google and Facebook may be facing an ad slump
Google and Facebook’s advertising businesses, which have roughly tripled in combined size over the past five years, may be headed for a rare stumble as the coronavirus pushes the global economy into a tailspin.
Read More »World Bank makes grim economic forecast; Kamal disagrees
Bangladesh’s economic growth will be between 2.0 and 3.0 per cent in the current fiscal in the aftermath of coronavirus pandemic, the World Bank has forecast. The WB has made the forecast on Bangladesh’s economic growth in its report on “South Asia Economic Focus Spring 2020: A Cursed Blessing of …
Read More »COVID-19: Grameen orgs to provide 50,000 PPE
Grameen Fabrics and Fashion (Ltd) has manufactured 20,000 PPE gowns and supplied them to hospitals and medical centres to help ensure the safety and protection of doctors, nurses and healthcare professionals.
Read More »Sector-wise turnover: Pharma cos rule the roost
The country’s capital market was mainly driven by pharmaceuticals and chemicals sector in March following investors’ increased participation in share transactions.
Read More »BMPMA seeks working capital to survive
The Bangladesh Mobile Phone Manufacturing Association (BMPMA) has sought its share in the government-declared stimulus package to survive the COVID-19 pandemic.
Read More »Covid-19: Super shop owners, customers want VAT out
A greater number of people from the low-income group are now going to super shops, as supermarkets maintain better hygiene and social distancing standards than smaller general shops
Read More »Covid-19 impact on stock markets: Massive job losses feared
Long closure to cause huge losses to bourses, government
Read More »Informal Sector Industry Council demands emergency fund
Informal Sector Industry Skills Council (ISISC) today demanded of the government to create an emergency fund for small entrepreneurs and labourers and provide emergency loans with lower interest rate amid coronavirus outbreak.
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