Bata Shoe Company (Bangladesh), for the first time in its business history, has incurred a huge loss in the year ended on December 31, 2020, as sales collapsed due to the coronavirus pandemic. The footwear maker’s net loss stood at Tk 1.32 billion for the year ended on December 31, 2020,
Tag: Pandemic
Bangladesh extends border closure with India by 14 days
Bangladesh has announced an extension of border closure with neighboring India for another two weeks until June 14. Border with India will remain closed till June 14 but the movements of cargoes carrying goods will remain uninterrupted. "We've extended it for 14 more days and will evaluate the situation further," a senior
Callousness may lead to a catastrophe
Ensure good stocks to deal with imminent food crisis
The United Nations Food and Agriculture Organisation (FAO) feared a global food crisis due to the Covid-19 pandemic. Although agricultural production has increased a bit compared to that in last year, the fear of a possible food crisis has not gone yet. Global food stocks are declining in proportion to
Govt, WB ink $250m deal to create jobs in Bangladesh
The government Thursday signed a $250 million financing agreement with the World Bank on creating more and better jobs, recovering faster from the COVID 19 pandemic and building resilience for future crises. The agreements were signed by Economic Relations Division secretary Fatima Yasmin and World Bank Country Director for Bangladesh Bhutan
Commit to restoring planet: UN chief
UN Secretary-General Antonio Guterres reiterated that recovery from the Covid-19 pandemic is a chance to set the world on a cleaner, greener, and more sustainable path. "Let us all commit to the hard work of restoring our planet and making peace with nature," he said in a message marking International Mother
If doctors at risk, all at risk
Govt turned Bangladesh into hell: Fakhrul
BNP Secretary General Mirza Fakhrul Islam Alamgir on Wednesday alleged that the ruling government has turned the country into a ‘hell’ by arresting and repressing opposition leaders and activists amid this pandemic. Fakhrul, In a statement, alleged that police are not only arresting BNP leaders and activists in different parts of
Proper healthcare management key to handle pandemic
Govt seeks $50m ADB fund to redeem economy
To ease its financial difficulties, the government is craving for supports from various international donor agencies, including the Asian Development Bank, amid worsening economic fallouts caused by the Coronavirus pandemic. Finance Minister AHM Mustafa Kamal has sought $50 million or Tk 4,250 crore, from the Asian Development Bank (ADB), recently. The money