stimulus packages

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    Owners considering laying off apparel factories during restriction closure

    Staff Correspondent | Updated at 11:05pm on July 28, 2021

    Apparel factory owners are actively considering laying off their workers during the ongoing ‘strict Covid restrictions’, depriving the workers of their full wages for the...

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    Banks asked to prioritise deprived businesses

    Staff Correspondent | Updated at 10:52pm on July 28, 2021

    The Bangladesh Bank on Wednesday asked banks to give priority to the industry and service sectors’ businesses, which are yet to receive stimulus funds, in...

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    Apparel exporters to seek stimulus again after curb lifting

    Staff Correspondent | Updated at 12:17am on July 26, 2021

    Readymade garment exporters are going to seek stimulus packages from the government once again after the on-going strict restrictions on public movement. Bangladesh Knitwear Manufacturers...

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    Some borrowers using funds in unproductive sectors: BB

    Staff Correspondent | Updated at 10:58pm on July 25, 2021

    Some of the borrowers have diverted stimulus funds to unproductive sectors like the stock market instead of using them in productive sectors, the Bangladesh Bank...

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    PM announces Tk 3,200cr aid for poor

    Bangladesh Sangbad Sangstha . Dhaka | Updated at 05:04pm on July 13, 2021

    Prime minister  Sheikh Hasina on Tuesday announced five more stimulus packages worth about Taka 3,200 crore to help low-income people hit hard by the ongoing...

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    Entrepreneurs of cottage, micro, small business to get term loan

    Staff Correspondent | Updated at 11:07pm on July 04, 2021

    The Bangladesh Bank on Sunday issued a circular that made cottage, micro and small entrepreneurs eligible for receiving term loan from the Tk 20,000-crore stimulus...

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    SMEs falling out of stimulus package benefits worrying

    | Updated at 12:00am on June 26, 2021

    IT COMES with concern that 83 per cent of small and medium enterprises have not received funds from the stimulus packages that the government announced...

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    83pc SMEs get no stimulus package funds: survey

    Staff Correspondent | Updated at 11:14pm on June 24, 2021

    Eighty-three per cent of small and medium enterprises has not got funds from stimulus packages while 69 per cent of the SMEs failed to pay...

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    New refinance scheme worth Tk 2,520cr launched

    Staff Correspondent | Updated at 11:21pm on June 23, 2021

    The Bangladesh Bank on Wednesday launched a fresh refinance scheme worth Tk 2,520 crore to support the implementation of the stimulus package worth Tk 20,000 crore meant...

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    Stimulus fund use in apparel sector must be audited

    | Updated at 12:00am on May 10, 2021

    THE stimulus package aimed at helping export-oriented industries to pay the workers their due wages and prevent any large-scale retrenchment proved ineffective to some extent...