Business
Airbus asked to cancel contract; Japan offers stimulus
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Monday related to the global economy, the work place and the spread of the virus.
Vivo extends smartphone warranty until May 31
Smartphone company Vivo has extended warranty of its smartphones until May 31, amid the coronavirus or COVID-19 outbreak.
The warranties of smartphones were scheduled to expire on March 25.
Vivo will provide hotline service from 9am to 6pm while its service centers will remain closed, said a press release.
Hotline numbers are- 01318563993 and 01318563995.
Customers will be also able to contact Vivo by its facebook page, website and email.
BGMEA for keeping factories shut
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) has said they continue recommending closure of all factories as the general holiday has been extended until April 14.
PRAN-RFL stood beside poor people
PRAN-RFL Group, one of the business conglomerates of Bangladesh, has stood beside the helpless and poor people who were affected by the lockdown due to coronavirus outbreak. The group is providing food items to the poor people in many parts of the country including the capital.
Saudi Arabia sharply rebukes Russia over oil price collapse
Saudi Arabia sharply criticized Russia on Saturday over what it described as Moscow blaming the kingdom for the collapse in global energy prices, showing the tensions ahead of an emergency meeting of OPEC and other oil producers.
Trade in medical products now in severe shortage during COVID-19 crisis totalled about US$ 597 b in 2019:WTO
Trade in medical products which have now been described as critical and in severe shortage during the COVID-19 crisis totalled about US$ 597 billion in 2019, accounting for 1.7 percent of total world merchandise trade, according to a new report.
Walmart limits store access; US airlines sign up for grants
The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments on Friday related to the global economy, the work place and the spread of the virus.
Covid-19: DCCI for creating emergency fund for MSMEs for survival
Dhaka Chamber of Commerce and Industry (DCCI) has urged the government to create a three-year Emergency Fund with 1 percent interest to support the financially stressed local Micro, Small and Medium Enterprises (MSMEs) and informal sector for paying salary to their workers.
Virus deaths, unemployment accelerating across Europe, US
Coronavirus deaths mounted with alarming speed in Spain, Italy and New York, the most lethal hot spot in the United States, while the outbreak has thrown 10 million Americans out of work in just two weeks and by Friday had sickened more than a million people.
COVID-19 fallout: ICC, WTO heads urge business dialogue
World Trade Organisation (WTO) Director General Roberto Azevêdo and International Chamber of Commerce (ICC) Secretary-General John Denton on Thursday called for more dialogue with business to maximise the effectiveness of public policies to mitigate the economic damage resulting from the COVID-19 pandemic, particularly with regards to trade.