Sun, 19 Jan 2025, 01:07 am
Economy

Economists rely on foreign currency reserve to offset COVID-19 impact

Leading economists have said they believed a sound foreign currency reserve and debt ratio to GDP alongside debt repayment capability to largely help Bangladesh offset COVID-19 impacts on its economy

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BGMEA seeks transport support from BRTC for bringing workers

The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Thursday sought transport support from BRTC for bringing its workers so that they can come to their respective factories for collecting

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98 workers held who fled EPZs, 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. Officer-in-charge of Khagrachhari Police

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Orders worth $3 billion cancelled so far: BGMEA

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Thursday said buyers have so far cancelled orders worth US$ 3 billion following the outbreak of coronavirus. About 1,092 factories reported that

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Coronavirus: Experts call for paying attention to apparel sector

As the government has shut down educational institutions after the confirmation of local transmission of coronavirus cases to prevent the virus from spreading, experts say attention should also be given

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Fear returns to stock markets over virus impactFear returns to stock markets over virus impact

Global stock markets have fallen sharply as investors continue to worry about the broader economic effects of the coronavirus. London’s FTSE 100 share index fell more than 3% and there

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IMF provides $50bn to fight coronavirus outbreak

The International Monetary Fund has announced $50bn (£39bn) of support for countries hit by the coronavirus. The organisation also warned that the outbreak had already pushed this year’s global economic

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Dhaka, Beijing to reach new climax in economic, trade cooperation: Envoy

Chinese Ambassador to Bangladesh Li Jiming on Wednesday hoped that the government of Bangladesh, together with the Chinese government, will continue to introduce effective policies and measures that are conducive

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BB fixes 9pc interest on import of 9 essentials

Bangladesh Bank (BB) has fixed maximum 9 percent interest on the import of nine essential commodities for keeping the prices of the commodities at tolerable level during the holy month

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Coronavirus: Italian economy takes a body blow

Italy was the first European country to report a major surge in cases of the coronavirus, with numbers quickly climbing into the hundreds. The authorities have responded with travel restrictions

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