Collection of important news, policy update and industry insights in relation to impact on SMEs/businesses in Bangladesh due to Covid-19 situation.
PM unveils Tk 72,750cr package to address the impact of coronavirus
Prime Minister Sheikh Hasina today unveiled the government’s plan to address the possible impact of coronavirus on the country’s economy, declaring an allocation of Tk 72,750 crore under a set of stimulus packages.
The Daily Star | Bangladesh / Economy
Now Bangladesh Bank takes pity on farmers
The bailout package might amount to as much as Tk 10,000 crore, said central bank officials working on the issue. But it would be no less than Tk 5,000 crore.
The Daily Star | Bangladesh / Economy
Dhaka wants $2.6b to face pandemic fallout
World Bank on Friday approved $100 million for Bangladesh as emergency assistance to fight Covid-19. The ERD has recently sent a letter to the agency seeking an additional $500 million fund.
The Business Standard | Bangladesh / Economy
Bangladesh FMCG Industry Tackling COVID-19 Implications
World Bank on Friday approved $100 million for Bangladesh as emergency assistance to fight Covid-19. The ERD has recently sent a letter to the agency seeking an additional $500 million fund.
LightCastle Partners | Bangladesh / Industry Impact
Biggest Arab Economies Hit by Virus With Record Declines in Gulf
Three of the biggest Arab economies buckled in March after transportation seized up and hundreds of thousands of businesses shut down to slow the spread of the coronavirus.
Bloomberg | Global / Economy
Coronavirus: UK among economies risking record slump
The coronavirus pandemic could trigger a global slump bigger than the Great Depression of the 1930s, a closely watched international survey suggests.
BBC News | Global / Economy
IMF sees coronavirus-induced global downturn ‘way worse’ than financial crisis
IMF asked advanced economies to step up efforts to help emerging markets survive the impact of the pandemic.
The Economic Times | Global / Economy
Why a coronavirus vaccine takes over a year to produce – and why that is incredibly fast
The international community is working together like never before to produce a coronavirus vaccine. If a vaccine is developed in the timeline predicted, then people will have a preventative option should COVID-19 recirculate next year.
World Economic Forum | Global / Health
Trump threatens tariffs if needed to protect US oil industry
The American Petroleum Institute says s tariffs would inject more uncertainty.
Gulf News | US / Industry Impact
Case Update
| Region | Confirmed Cases | Confirmed Death |
| Bangladesh | 88 (+18) |
9 (+1) |
| World Wide | 1,218,114 | 65,841 |
