বিএসআরএম কারখানা বন্ধ থাকবে দুই মাস | Suprobhat Bangladesh
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Oxygen supply stretched to limit | The Daily Star
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Sudden ‘lockdown’ to affect operations management
Big businesses say
Big businesses say
Industrialists have found it difficult to instantly implement emergency measures for the smooth continuation of manufacturing operations after the government suddenly announced a nationwide lockdown to curb the spread of Covid-19.
Corporate offices will be run online while a physical presence will be available on an emergency basis during the seven-day lockdown beginning today.
But despite their difficulties, industrialists agree with the government s decision, believing that it would not have too much of an impact on the economy. The sudden lockdown led to slight difficulties but there is no alternative to tame the ongoing situation, said Mostafa Kamal, chairman and managing director of Meghna Group of Industries (MGI), a leading conglomerate in Bangladesh.
Pandemic leaves little impact on steel, cement makers
Their profits rise in the second half of 2020
Post-Covid demand for steel and cement was high because of the resumption of construction work in public and private sectors. Star/file
Leading steel, cement and paint companies related to the construction sector witnessed higher profits in the July-December period of the current financial year despite the ongoing coronavirus pandemic.
Although industry insiders fear that they will face 30 per cent lower profits from the July-December period, the reality is different as profits came mainly due to higher demand from government development projects.
Among five listed cement manufacturers, three saw higher profits, one returned to profits and the last incurred a loss albeit on a lower extent compared to that in the same period the previous year.