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As vaccines for the dreaded Covid-19 roll out in various countries, including that in Bangladesh, one can only hope life will get back to normalcy soon and so will businesses, both at the domestic and global levels.
Notwithstanding the optimism, one has to accept the mayhem caused by the pandemic will take time to heal! And for Bangladesh, things haven’t been any better either after its garment exports in 2020 decreased by 16.94 per cent to US $ 27.47 billion from that of US $ 33.07 billion in 2019 on account of the fallouts of the pandemic even as the United Nations Conference on Trade and Development (UNCTAD) underlined that the pandemic dealt a bigger blow to Bangladesh than its competitors whilst adding that Coronavirus is having a profound impact not only on the global demand but also on the relative competitiveness of the countries.
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