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The owners of many companies in Bangladesh’s 42 various industrial, manufacturing and service sectors failed to provide their workers with festival bonuses for Eid-ul-Azha by yesterday, the stipulated deadline to disburse the annual allowance.
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The government yesterday gave yet another stimulus package worth Tk 3,000 crore for the export-oriented industries to help them provide wages and salaries to their workers for July.
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Risk looms large of a recurrence of last year’s discarding of rawhides en masse during Eid-ul-Azha in Bangladesh this year for a low injection of funds in the sector and a lack of preparedness of both the government and traders.
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The coronavirus pandemic continues to bring surprises, this time around in the form of booming sales for spinners, weavers and finishers who serve the local markets.
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Pandemic-hit apparel exporters have sought continuation of low-cost loans from the government for three more months to help them pay wages to workers as the sector is struggling to stay afloat.
