FE Today

Virus severely affects S Asian livelihoods

The new corona virus pandemic in South Asia has severely affected livelihoods of over 1.7 billion people, according to the Global Food Policy Report (GFPR) 2020.It said the disruptions to supply chains, lack of access to health and nutrition services, and overwhelmed social protection led to rising food and nutrition...

PM favours forex reserves lending

Prime Minister Sheikh Hasina on Monday ordered the central bank to explore the possibilities of lending out foreign exchange reserves to public sector development projects, planning minister said.She argued that the additional reserves after the 3-month equivalent import payments could be used for lending to the development projects of the...

India passes into third case spot

India has overtaken Russia with the world's third-highest number of novel coronavirus cases, at nearly 700,000, according to the latest data, as the outbreak shows no sign of slowing, report agencies.Health ministry data on Monday showed more than 23,000 new cases reported in the previous 24 hours, down slightly from...

Covid changes consumer behaviour amid anxiety

Speakers at a virtual discussion in Dhaka city said on Monday a state of fear and uncertainty has changed consumer behaviour during the Covid-19 pandemic.Such insecurity has contributed to a reduction in the buy and sale of goods and services in Bangladesh and elsewhere in the world.They said such behavioral...

Popular singer Andrew Kishore passes away

RAJSHAHI, July 07 (Agencies): Popular Bangladeshi singer Andrew Kishore passed away on Monday evening at a clinic in Rajshahi city.He has been undergoing treatment at a clinic run by his doctor sister and her husband at Mohishbathan area."Andrew Kishore breathed his last at 6:55pm at the clinic," said his brother-in-law...

BR executes 57pc of ADP in FY '20

Bangladesh Railway (BR) has implemented only 57.39 per cent of the Annual Development Programme (ADB) in the just concluded fiscal year (FY 2019-20).It could spend only Tk 58.82 billion till June this year out of the total revised ADP allocation of Tk 102.49 billion against 41 projects, sources said.Officials said...

LPG export to India remains suspended due to pandemic

Export of LPG or liquefied petroleum gas to neighbouring India has remained halted for about three and a half months due to the coronavirus pandemic, market insiders said.LPG export to India has remained suspended since the first day of the nationwide shutdown on March 26, chief executive officer of Omera...

Textile, clothing leaders seek 4.0pc cash incentive

Textile and clothing sector leaders demanded allowing four per cent cash incentive to the exporters against their repatriation of export proceeds instead of value addition.Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), Bangladesh Textile Mills Association (BTMA) and Exporters Association of Bangladesh (EAB) on...

A woman on the 2nd floor buys a jackfruit

A woman on the 2nd floor buys a jackfruit from a vendor below and pulls it up in a polythene bag tied to a rope in the city’s Tikatuli area on Monday as a safety measure amid the Covid-19 pandemic — FE Photo by Shafiqul Alam

U.S. Treasury to name small businesses that took pandemic aid

WASHINGTON (Reuters) - The Trump administration on Monday said it was releasing the names of hundreds of thousands of businesses which took money from a high-profile $660 billion pandemic aid program, letting the public see for the first time how the majority of the cash was spent and whether it...