Collection of important news, policy update and industry insights in relation to impact on SMEs/businesses in Bangladesh due to Covid-19 situation.
Now 10 more industries are seeking help
At least 10 industry bodies have applied to both the finance ministry and the Bangladesh Bank to get financial support from the Tk 5,000 crore stimulus package for the export-oriented industries.
The Daily Star | Bangladesh / Tackling Impact
Weavers in big trouble
More than 1,500 artisans in Rupganj and Sonargaon engaged in Jamdani weaving have plunged into a crisis they have never met before due to the coronavirus outbreak.
The Business Standard | Bangladesh / Industry Impact
Ride-sharing companies looking for ways to cut costs
There have not been any job losses in the gig companies in Bangladesh yet, at least officially, because of the pandemic, but pay cut within teams has already begun
The Business Standard | Bangladesh / Industry Impact
Global firms look to shift from China to India
Global manufacturers have initiated talks with Indian firms to explore the possibility of shifting a part of their supply chains from China as they seek to diversify their operations following the covid-19 outbreak
Live Mint | Asia / Business
Global Stock Markets Rise as Oil Prices Show Some Steadying: Live Updates
Stocks on Wall Street and in major European markets rallied on Wednesday, and oil prices climbed more than 10 percent, reversing some of the tremendous losses that had unnerved investors for several days.
New York Times | Global / Market
South Africa's Ramaphosa pledges COVID-19 rescue package worth 10% of GDP
South African President Cyril Ramaphosa announced a 500 billion rand ($26.3 billion) rescue package on Tuesday, equivalent to 10% of the GDP of Africa’s most industrialized nation, to try to cushion the economic blow of the coronavirus pandemic.
Reuters | South Africa / Tackling Impact
Case Update
| Region | Confirmed Cases | Confirmed Death |
| Bangladesh | 3,772(+390) | 120(+10) |
| World Wide | 2,580,707 | 179,070 |
