Bangladesh
Bangladesh
Shops can be opened after taking vaccine jab: minister
Staff Correspondent: The restrictions have been extended till August 10 in view of the Covid-19 pandemic outbreak and the recommendation of the Directorate General of Health Services (DGHS).The shops will be opened from August 11 subject to vaccination.Liberation War Affairs Minister AKM MozammelHaque presided over the online meeting. After the…
Read More »CPD finds 5.3 pc inflation unrealistic as cost goes up
Industry Desk: The 5.3 per cent inflation target, set by Bangladesh Bank’s new monetary policy, is not realist as it has been estimated on the basis of a consumption basket developed 16 years ago since when the cost of living has jumped much higher.This observation was made by leading think-tank…
Read More »RMG leaders plan to start vaccination from 8 August
Workers back to work without vaccination Staff Correspondent: After Eid-ul Azha, 90 percent workers of the apparel industry backed to their Jobs. But almost all the workers yet not vaccinated. The leaders of the industry said, within a month total workers will be vaccinated. It will start from 8 August.…
Read More »Govt moves to boost climate resilience of vulnerable people
Staff Correspondent: The government is finalising a project aimed at enhancing the climate resilience of vulnerable communities who live on coastal islands and riverine chars in the country.The project titled, ‘Adaptation Initiative for Climate Vulnerable Offshore Small Islands and Riverine Charland in Bangladesh’ is under process for approval, according to…
Read More »Dhaka’s traffic overload not ends even in lockdown!
UNB: Dhaka, the capital of Bangladesh, is known for its traffic congestion. One will see it, no matter whether there is a shutdown or bad weather because its chaotic traffic — still too mild a term — is its identity.On the 12th day of lockdown, UNB correspondents saw the streets…
Read More »Small entrepreneurs being deprived of govt incentives
COVID-19 Pandemic Golam Mostafa Jibon:Big merchants are getting benefits of the incentive packages announced by the Prime Minister Sheikh Hasina to revive the country’s economy, while small entrepreneurs including owners of cottage, small, medium and small scale industries are being deprived of the facilities that putting the economy at high…
Read More »July RMG export downs by 16pc
Industry Desk: Bangladesh exported apparel worth $2.60 billion from 1-30 July this year, down from $3.08 billion last year, according to data collected by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).Due to the combined effects of Eid vacation, COVID-19 lockdown and container jam at the Chattogram port, causing in…
Read More »Incentive loans not for use in unproductive sectors: BB
Staff Correspondent: The Bangladesh Bank (BB) has instructed banks not to provide loans for unproductive sectors under the Covid-19 stimulus packages. The central bank issued the directive to the heads and managing directors of all financial institutions through a circular yesterday. The Bangladesh Bank in its circular stated that some…
Read More »TIB applauds NBR for identifying 80,000 companies not being taxed
Industry Desk: Transparency International Bangladesh (TIB) has commended the National Board of Revenue (NBR) task force for identifying about 80,000 companies not being taxed at present, and for the ongoing process and initiatives of the NBR to integrate them into the existing tax system.The TIB called for an investigation into…
Read More »Instability returns in rice market amid lockdown
Low income group in huge trouble Golam Mostafa Jibon:Despite all efforts of the government, the rice market has become unstable again due to syndicating by a section of unscrupulous traders, hoarders and rice mill owners causing immense suffering to the poor and low income group of people.Meanwhile, the price of…
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Hotels to be converted for Covid hospitals
Hospitals overwhelmed Staff Correspondent: The government is going to rent hotels for providing treatment …
