Collection of important news, policy update and industry insights in relation to impact on SMEs/businesses in Bangladesh due to Covid-19 situation.

Govt continues LNG import at high prices to fulfil contracts

For the same reason, Bangladesh is paying almost three times the price for LNG, than its current international value

The Business Standard | Bangladesh / Industry Impact

Biman seeks Tk1,500 crore loan under stimulus package

The national carrier has made the loan proposal to bear its operational costs for three months from April to June amid a severe liquidity crisis

The Business Standard | Bangladesh / Industry Impact

AIIB approves $170 million loan to improve BD’s sanitation infrastructure

The Asian Infrastructure Investment Bank, or AIIB, has approved a $170 million loan to Bangladesh to accelerate the country’s efforts to deliver improved sanitation services to underserved communities.

The Financial Express | Bangladesh / Economy

Gold prices today fall, down ₹1,800 per 10 gram in just 2 days

Gold prices in India have seen a big fall after hitting a record high last week. Silver rates however edged higher.

Live Mint | Asia / Economy

Japan to boost stimulus to $1.1 trillion due to cash payouts to ease virus pain: Draft

The upsized package will total 117.1 trillion yen ($1.086 trillion), with fiscal measures accounting for 48.4 trillion yen, of which around 25.6 trillion yen will be funded by an extra budget for the fiscal year that began on April 1, the draft showed.

The Economic Times | Asia / Tackling Impact

China's fiscal revenue plunges 26.1% as virus ravages economy

China's fiscal revenue tumbled 26.1% in March from a year earlier, officials said on Monday, extending the previous month's slump as the coronavirus pandemic ravaged the economy.

The Economic Times | Asia / Economy

'Bears are out for blood': Oil plunges 21% to a 2-decade low as coronavirus shatters demand

The price of oil dropped as low as just $14.30 per barrel on Monday to reach its lowest level in 21-years, pushed downwards by a slump in demand as the coronavirus pandemic economic shutdown lessens the need for fuels.

Business Insider | Global / Industry Impact

China’s Alibaba to invest $28.2 billion in cloud infrastructure as it battles Amazon, Microsoft

The money will be used to invest in technologies related to operating systems, servers, chips and networks. Alibaba is the biggest cloud computing provider by market share in China but it trails U.S. giants Amazon and Microsoft globally.

CNBC | Global / Business

Green energy could drive Covid-19 recovery with $100tn boost

Speeding up investment could deliver huge gains to global GDP by 2050 while tackling climate emergency, says report

The Guardian | Global / Environment

Case Update

As of April 20, 2020, 6:15 PM BDT / Source:
Region Confirmed Cases Confirmed Death
Bangladesh 2,948 (+492) 101 (+10)
World Wide 2,423,470 166,041
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