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Inter-ministerial coordination needed for export diversification

Businesses often face hassles when trading in Bangladesh due to a lack of inter-ministerial coordination, which is a big hurdle for export diversification, a top footwear exporter said yesterday. ....

Syed Nasim Manzur , Tapan Kanti Ghosh , World Bank , Readiness Fund , Exporters Association Of Bangladesh , Leather Goods , Footwear Manufacturers , Exporters Association , Export Readiness Fund , Export Competitiveness , Commerce Secretary Tapan Kanti Ghosh ,

Govt launches $7.5m Covid response fund


Entrepreneurs will now get financial support from the government to produce medical and personal protective equipment (MPPE) for both local and international markets as the fight against Covid-19 continues.
Commerce Minister Tipu Munshi yesterday launched a $7.5 million Covid-19 response fund to help private enterprises procure the necessary equipment in this regard as the demand for MPPE products has ballooned amid an ongoing second wave of infections.
The fund, styled Covid-19 Enterprise Response Fund (CERF) , is an initiative of the Export Competitiveness for Jobs (EC4J) project which is currently being implemented by the commerce ministry with support from World Bank Group. ....

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