Bangladesh will become a developing country within 2024 despite the challenges unfolded by the Covid-19 crisis.

Around 72 percent of the firms surveyed are yet to receive any stimulus package, according to a survey of South Asian Network of Economic Modeling (SANEM).

Prime Minister Sheikh Hasina on Wednesday asked the private banks to be more sincere in providing loans at a low interest rate to small business enterprises to offset the Covid-19 fallouts.

The Covid-19 crisis has hit the garment sector in the Asia-Pacific region hard, with plummeting retail sales in key export markets affecting workers and enterprises throughout supply chains, according to new research from the International Labour Organization (ILO).

More than 40 organisations, including 34 private banks, on Sunday donated Tk 165.6 crore and surgical masks to the Prime Minister’s Relief and Welfare Fund to help the poor affected by COVID-19 fallout.

Prime Minister Sheikh Hasina on Thursday said the government is ready to procure Covid-19 vaccine from the country where it will be developed first.

The government has planned to borrow Tk 5714.5 billion from various sources both at home and abroad over the next three fiscal years, including the running one, mainly to face the economic challenges posed by the COVID-19 pandemic which has stalled economic activities across the world.

In its policy response, the government has taken steps to ensure financial stability in the country aiming to establish an improved loan culture in the coming days to tackle the adverse economic setback triggered by the COVID-19 pandemic.

Hit hard by Covid-19 fallout, businesses in the tourism sector in the beach town of Cox's Bazar look for a gradual comeback after Eid-ul-Azha eyeing the next winter as an opportunity to stay afloat by hosting tourists from home and abroad in the hub of the country's tourism industry.

Accelerating infrastructural development, ensuring utility services and upgrading education and medical services in rural areas may help engage the large number of people returning to their villages losing the sources of their income in the wake of COVID-19 fallout.