The country’s business climate is weighed down by a deep shadow of uncertainty, economist Hossain Zillur Rahman said yesterday, warning that the stagnation is slowing economic progress.

The International Finance Corporation (IFC) is providing $50 million to Prime Bank Limited to support export and import-based businesses in Bangladesh with a view to helping them cope with global uncertainties brought on by the Covid-19 pandemic.   

Fairwork and DataSense has published the annual Fairwork Bangladesh Ratings Report to understand the working conditions of platform-based gig workers in Bangladesh.

Large industries, SMEs and the flood-hit agriculture sector will enjoy a flexible loan repayment facility up to December this year as Bangladesh Bank yesterday revived the partial loan moratorium amid a deepening economic crisis.