Airline industry braces for lengthy recovery

International seat capacity has dropped by almost 80% from a year ago and half the world’s airplanes are in storage, new data shows, suggesting the aviation industry may take years to recover from ...

EIU revises down Bangladesh’s GDP growth to 3.5pc after coronavirus

The Economist Intelligence Unit has revised its forecast about Bangladesh’s GDP (Gross Domestic Product) growth from 7.7 per cent to slightly above 3.5 per cent following the novel coronavirus ...

Trafficking survivors struggle as virus halts businesses

For trafficking survivors-turned-entrepreneurs in Bangladesh - from caterers to hairdressers - the coronavirus pandemic has threatened their fresh start and left many struggling to get by

Garment exporter Bangladesh faces $6b hit

Bangladesh, the second-largest apparel producer after China, is set to lose roughly $6 billion in export revenue this financial year amid cancellations from some of the world's largest brands and ...

‘Coronavirus: Nearly 20m people become jobless in Bangladesh’

Though the restriction of movement and general holidays are helping the nation contain the spread of deadly coronavirus, economists fear it will have a huge adverse impact on the livelihoods of ...

World Bank warns China growth could screech to a halt

The coronavirus pandemic's economic fallout could cause China's growth to come to a standstill while driving 11 million more people in East Asia into poverty, the World Bank warned Monday

Govt must have a six-month or one-year plan: Mirza Azizul Islam

Mirza Azizul Islam is a former finance adviser to the caretaker government. He now teaches at BRAC University. The country has been seeing a sort of lockdown since 26 March due to the coronavirus ...

Economic recession ahead, preparation needed

The last global recession was in 2008, but it didn’t affect Bangladesh much at the time. And so when Awami League came to power in 2009, it didn’t have to grapple with any significant economic ...

Economic toll rises amid coronavirus pandemic

The human and economic toll of the lockdowns against the coronavirus mounted Thursday as India struggled to feed the multitudes, Italy shut down most of its industry, and a record-shattering 3.3 ...

Booming mask producers in China meet global demand

As the coronavirus pandemic that originated in a central Chinese city has gone global, thousands of factories in China have nimbly turned to a new and very profitable market -- face masks for export

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