Bangladesh Railway will operate special parcel trains on three routes from Friday, aiming to ensure smooth supply of agricultural goods, vegetables, food, and perishable goods during the crisis created over coronavirus pandemic.
Category: Business
RMG factories reopened amid risk of losing market: Qauder
Awami League general secretary Obaidul Qauder on Thursday said garment factories around Dhaka have been reopened on a limited scale as there is a risk of losing international market of RMG products due to corona crisis.
Some restaurants reopen to sell iftar but customers are few
Dhaka, April 30 – A number of restaurants have reopened on Wednesday in Dhaka to offer Iftar items but scant customers mean that they are hardly sold enough to make profit as most people stay indoors to protect themselves from…
Islami bank official tests coronavirus positive in Sunamganj
A branch office of Islami BanK was put under lockdown in the district town after one of its official was diagnosed with coronavirus on Tuesday.
Reopening factories premature decision, say health experts
As owners have started reopening some of their RMG factories amid the growing coronavirus cases, health experts said such a ‘premature’ step may trigger a deadly outbreak of the virus.
Importers want port and shipping agency fines waived
The importers urged the government to waive fines as they couldn’t unload their goods from the port within the stipulated time in light of the existing general holiday and absence of normal customs clearance.
Bgmea gives draft guideline to run factories amid Covid-19
Dhaka, April 26 – Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Saturday released a draft guideline and asked its members to follow them while running factories amid the coronavirus outbreak.
Global executives express severe pessimism amidst covid-19
As society-wide lockdowns ensue, the Economist Intelligence Unit reveals private-sector sentiment through its Global Business Barometer. • Sentiment about the global economy over the next three months registered at -39.2 on a scale of -50 (much worse) to +50 (much…
Embroidery workers block road in Dhaka City for arrear wages
Workers of embroidery factories blocked a road in Adabar area of the city on Friday morning demanding that their arrears be cleared.
’69pc Bangladesh RMG workers stop sending money to families’
Dhaka, April 24 – About 69 percent of the readymade garment (RMG) workers who used to send money to their families in villages have stopped doing so after the coronavirus outbreak, a recent study found.
Trade policy choices during and after Covid-19 pandemic
New Delhi, Apr (Ranja Sengupta) -The Covid-19 pandemic, caused by the novel coronavirus, has now unleashed its destructive force across the world and countries are reeling. There are impacts in terms of continuously increasing infections and deaths, coupled with testing,…
Huawei generates $25.7 billion revenue in Q1
Huawei has generated $25.7 billion in revenue, an increase of 1.4 percent year-on-year. The company announced its business results for the first quarter of 2020, said a press release on Wednesday. Its net profit margin in Q1 was 7.3 percent.…
301 US citizens leave by 4th chartered flight
Dhaka, April 22 – A total of 301 US citizens left here after midnight as the US government arranged the fourth chartered flight for those who opted to go back home on their personal choice amid the COVID-19 pandemic.
Oil price below zero as coronavirus turmoil persists
The price of a barrel of Brent Crude – the UK benchmark for oil – has slipped below $20, its lowest level since 2002. The close to 20% slump follows negative prices being recorded for a barrel of West Texas…
Some export-oriented units could reopen on condition: PM
Prime Minister Sheikh Hasina on Monday said the government has a plan to allow the reopening of some export-oriented industries on a limited scale if the guidelines on health and safety are properly maintained and protective measures taken for their…
Deal signed to upgrade Bangladesh’s Sylhet airport
Sylhet, April 20 – Bangladesh Civil Aviation Authority (CAAB) on Sunday signed a deal with a Chinese company for the extension of the Osmani International Airport in Sylhet at a cost of Taka 2116 crore to increase its passenger handling…
Bill Gates says he is stepping down from Microsoft board
Redmond, Wash, AP/UNB – Microsoft co-founder Bill Gates said Friday he is stepping down from the company’s board to focus on philanthropy.
BSCIC for providing treatment to workers of industrial areas
News Desk Bangladesh Small Cottage and Industries Corporation (BSCIC) on Satueday urged the authorities concerned to provide healthcare services to all those engaged in producing essential items and medicines in all industrial areas on a priority basis.
Amid virus pandemic, SDGs are even more relevant than before
By Nana Addo Dankwa Akufo-Addo and Erna Solberg UNITED NATIONS, Apr 16 2020 (IPS) – Our world today is dealing with a crisis of monumental proportions. The vicious, novel coronavirus is wreaking havoc across the globe, destroying lives and ruining…
8 flights to bring back stranded Bangladeshis from India
The government has arranged eight chartered flights to bring back more than 1000 Bangladeshi nationals who are stranded in India due to flight suspension amid outbreak of COVID-19 pandemic.
Kitchen market shops to open alongside roads keeping distance
Dhaka Metropolitan Police (DMP) on Friday advised for shifting shops from kitchen markets as many as possible and installing those alongside roads maintaining a 20-foot distance from each other.
Decisive, collective action must to fight Covid-19: WB, IMF
1. The Development Committee met virtually on Friday, April 17, 2020. 2. Our meeting occurred at a time of unprecedented challenges due to the COVID-19 pandemic. Its devastating effects are being felt across the globe as the human and economic…
Banking hours to be 10am-1pm from April 19: BB
Economy Reporter Bangladesh Bank (BB) has fixed the banking hours from 10am to 1pm from April 19 amid the general holidays.
Restaurant business bleeds as Coronavirus cases surge
Even though restaurants are open amid the ongoing general holidays aimed at preventing the spread of coronavirus, stakeholders say business is in shambles and they are worried about paying bills and their staff. This has put restaurant owners in a…
Reorganise Kitchen markets to keep people indoors: Experts
As it appears to be a daunting task to prevent overcrowding of shoppers in kitchen markets amid the alarming rise in coronavirus infection, health and urban experts suggested reshaping the kitchen markets immediately so that the city dwellers can collect…
Volvo self-charging bus can now drive longer on electricity
Gothenburg April 14, 2020 – The new Volvo self-charging buses with hybrid power, the “S-Charge” model range have been upgraded with new capabilities and can now drive silently and emission-free on electricity at higher speeds and cover longer distances than…
Hit hard by shutdown, auto-rickshaw drivers seek govt help
Drivers of CNG-run auto-rickshaws are passing their days amid great miseries as they have been left without work amid the nationwide shutdown aimed at curbing the coronavirus.
Asian Dev Bank triples COVID-19 response package to $20bn
The Asian Development Bank (ADB) on Monday tripled the size of its response to the novel coronavirus disease (COVID-19) pandemic to $20 billion and approved measures to streamline its operations for quicker and more flexible delivery of assistance.
Bourses to remain closed till April 25
News Desk The country’s two bourses will remain closed till April 25 in line with the government’s extended general holidays to contain the spread of deadly coronavirus.
98 workers who fled BD EPZs held, sent to home quarantine
Ten microbuses full of workers of different Export Processing Zones (EPZ) factories who fled in fear of coronavirus infection, were held while entering Khagrachhari early Friday.