Launch and steamer services on 34 river routes across the country will resume on Sunday after about two months.
Category: Business
Jatri Kalyan Samity against transport fare hike
Jatri Kalyan Samity, a passengers’ welfare organisation insisted on not hiking the fares of public transports and urged government to reduce oil price and prevent extortion in transport section amid coronavirus pandemic. The organisation’s Secretary General Mozammel Haque came up…
Eid passengers returning to Capital Dhaka en masse
Although public transport remains suspended, thousands of people have started coming back to their workplaces in Dhaka after celebrating Eid-ul-Fitr at home, availing all kinds of transport from ferries through river routes to three-wheelers, pickup vans, private cars on roads.
25% bus seats must be kept empty, no standing passengers
Road, Transport and Bridges Minister Obaidul Quader on Friday said buses will have to keep 25-30 percent seats vacant and cannot carry standing passengers while plying roads from Sunday.
Biman carries BD Peacekeepers to Central African Republic
For the first time in the United Nations Peacekeeping history, the UN chartered a Biman Bangladesh Airlines flight, the flagship carrier of the country for carrying Bangladeshi UN Peacekeepers to the United Nations Multidimensional Integrated Stabilization Mission in the Central…
Bangladesh domestic flights to resume on June 1: CAAB
Limited domestic flights will resume on Dhaka, Chattogram, Sylhet and Syedpur routes from June 1, the Civil Aviation Authority of Bangladesh (CAAB) announced Thursday. “But the embargo on international flights will be in place until June 15,” CAAB Chairman Air…
Public transports, offices in Bangladesh to reopen on May 31
The government has issued a gazette notification allowing limited operation of public transport and offices from May 31 to June 15 amid the coronavirus outbreak.
SDG setback ‘tremendous’ as Covid-19 accelerates slide
By Gareth Willmer and Fiona Broom May 26 2020 (IPS) – Crucial global goals to reduce hunger and poverty and curb climate change have gone backwards or stalled, the United Nations Secretary-General warns in a new report, as the COVID-19…
Are the SDGs in reverse gear?
By Saida Ali NAIROBI, Kenya, May 25 2020 (IPS) – When I was a little girl, my mother told us the story of a woman who escaped from a monster by cooking stones: when the monster fell asleep waiting for…
Global tourism upended; worst-case earnings scenario dodged
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Friday related to national and global response, the work place and the spread of the virus.
Global Supply Chain Resilience Relies on Soap & Water for Workers
By Ruth Romer LONDON, May 22 2020 (IPS) – As COVID-19 lockdown restrictions across the globe start to be relaxed, the collective conversation has shifted towards plans for a ‘new normal.’
IBBL Shari’ah Supervisory Committee Chairman Sheikh Moulana Mohammad Qutubuddin (Rah.) no more
Sheikh Moulana Mohammad Qutubuddin (Rah.), Chairman of Shari`ah Supervisory Committee of Islami Bank Bangladesh Limited and Chairman of Baitush Sharaf Anjuman-E-Ittehad Bangladesh passed away at a hospital in the capital on Wednesday, 20 May 2020. Inna lillahi wa inna ilaihi…
ADB records $1.554 bn net income, allocates 1.069bn
Dhaka, May 22 – The Asian Development Bank has recorded a net income of $1.554 billion in 2019, up from $750 million in 2018. The Bank Board of Governors in its first-ever virtual Annual Meeting held amid the novel coronavirus…
Oath to put people, planet before profit for viable business
ESCAP Sustainable Business Network (ESBN) for the 2020 Asia-Pacific Forum on Sustainable Development on Thursday pledged to put people and planet before profit to ensure that businesses are sustainable and do not lead to a depletion or pollution of the…
AIIB approves $ 250mn loan for Bangladesh to fight COVID-19
The Asian Infrastructure Investment Bank (AIIB) has approved a USD 250 million loan for Bangladesh as the country grapples with the fallout of novel coronavirus or COVID-19.
COVID-19 straw breaks free trade camel’s back
Kuala Lumpur, Malaysia, 19 May (IPS/Jomo Kwame Sundaram) – Economic growth is supposed to be the tide that lifts all boats.
Johnson & Johnson to stop baby powder sales in US, Canada
Pharmaceutical giant Johnson & Johnson announced on Tuesday it would stop selling talc-based baby powder in the United States and Canada, where sales had already been hit by changing consumer habits and fears the product causes cancer.
Virus hits Bangladeshi freelancers, outsourcing sector hard
When coronavirus spread to developed countries and led to the shutdown of many companies, freelancers and outsourcing companies in Bangladesh started feeling the pinch as work orders fell drastically, leaving many without a job. “Around 80 percent freelancers are now…
Banks to remain open Friday, Saturday
Banks have been asked to continue operation on Friday (May 22) and Saturday (May 23) in the industrial areas to facilitate payment of wages to garment workers before Eid and also continue export import activities.
Homegoing Bid: Thousands gather at Mawa ghat to cross Padma
Several thousand people gathered at Mawa ferry terminal on Tuesday morning in their desperate bid to cross the Padma River although ferry services remained suspended.
Ferry Services from Aricha to Daulatdia, Kathalbari held up
In an effort to prevent transmission of Coronavirus and to tackle the movement of people ahead of Eid-ul-Fitr, the authorities concerned have suspended ferry services on Paturia-Daulatdia and Shimulia-Kathalbari routes from Monday. In Manikganj, to tackle transmission of coronavirus, the…
IBBL Noakhali Zone holds Business Development Conference through video conference
Noakhali Zone of Islami Bank Bangladesh Limited organized Business Development Conference trough video conference on 17 May 2020, Sunday. Md. Mahbub ul Alam, Managing Director and CEO of the bank addressed the conference as chief guest. Mohammed Monirul Moula, Muhammad…
Eid shopping in BD gains pace at the cost of social distancing
People out on Eid shopping at markets and shops in Dhaka are too reluctant about maintaining the recommended physical distance to protect themselves and others from coronavirus infection.Traders said they frequently request customers to maintain the health guidelines but their…
Coronavirus Fear: Thakurgaon markets shut after reopening
The local administration announced closure of all the shopping malls in Thakurgaon again from Monday after reopening on May 10 as shoppers and shopkeepers failed to maintain social distancing rules .
Amazon contractors hit hardest by pandemic
She delivers for Amazon, but Adrienne Williams says the e-commerce and tech giant did not deliver for her. The 42-year-old California single mother is among the legion of drivers for Amazon’s third-party delivery firms which have been struggling amid surging…
IBBL Dhaka Central Zone holds online Business Development Conference
Dhaka Central Zone of Islami Bank Bangladesh Limited organized online Business Development Conference on 14 May 2020. Md. Mahbub ul Alam, Managing Director and CEO of the bank addressed the conference as chief guest. Mohammed Monirul Moula, Muhammad Qaisar Ali…
WTO chief to step down early as global economic crisis rages
GENEVA (BSS/AFP) – The World Trade Organization chief announced Thursday he will step down on August 31, a year before his term ends, despite the COVID-19 pandemic ravaging the global economy. Roberto Azevedo said it had been a “personal decision”…
WTO DG to relinquish office before end of his term
Geneva, 14 May (D. Ravi Kanth) – The World Trade Organization director-general Roberto Azevedo is expected to inform members Thursday that he would be relinquishing charge soon before completing his term of office on 31 August 2021, said sources familiar…
Taiwan chip giant TSMC to build $12bn US plant
Taiwanese computer chip giant TSMC announced Friday it will spend $12 billion on a state-of-the-art semiconductor foundry in the United States, creating thousands of jobs.
Public transport shutdown for corona extended till May 30
The public transport services will remain suspended across the country until May 30 in a bid to contain the spread of coronavirus, said the Roads and Highways Division (RHD) said on Thursday, in line with the government’s general declaration to…