Festival economy hit hard by lockdown second year in a row - News Summed Up

Festival economy hit hard by lockdown second year in a row


The leather industry which usually makes Tk1,200 crore to Tk1,500 crore during this Eid, expects to make around Tk700 crore this year. President of the Bangladesh Wholesale Spices Traders Association Enayet Ullah said that there is a spice market worth Tk4,000 crore to Tk5,000 crore in the country around Eid-ul-Azha. About Tk1,500 crore comes from Hajj flights every year. After a two-week lockdown before Eid, markets are now finally open, but shopkeepers say the business is still in a lull. The combined volume of these two sectors is Tk4,000 crore.


Source: Dhaka Tribune July 19, 2021 15:33 UTC



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