The number of people using internet on their mobile phones in Bangladesh crossed the 10-crore mark in September 2020 as customers shift towards the digital sphere to carry out tasks made further gains owing to the corona virus pandemic. The number of internet users rose 13 percent year-on- year to 11.11 crore in September. It was 9.84 crore in the same month last year. Now, 10.25 crore. subscribers use internet on their handheld devices and the rest rely on the services provided by internet service providers and public-switched telephone network operators. In another milestone. mobile phone subscribers grew 2.26 percent year-on-year to 16.71 crore in September to reach an all-time high. The number of active mobile phone users stood at 16.34 crore in the same month last year.

= বাংলাদেশে মোবাইল ফোন/ সেলফোন/ মুঠোফোনের সাহায্যে ইন্টারনেট ব্যবহারকারীর সংখ্যা ১০ কোটি ছাড়িয়েছে। সেপ্টেম্বর ২০২০ সালে। করোনাভাইরাস মহামারির সময়ে ভোক্তারা তাদের কার্যক্রম অনলাইনের মাধ্যমে সম্পন্ন করার চেষ্টা করায় এই খাতের আরো প্রবৃদ্ধি হয়েছে। এক বছরের ব্যবধানে ইন্টারনেট ব্যবহারকারীর সংখ্যা ১৩ শতাংশ বেড়ে ১১.১১ কোটি হয় সেপ্টেম্বরে। গত বছরের একই সময়ে এই সংখ্যা ছিলো ৯.৮৪ কোটি। বর্তমানে ১০.২৫ কোটি গ্রাহক তাদের মুঠোফোনে ইন্টারনেট ব্যবহার করে। বাকিরা ইন্টারনেট সংযোগ প্রদানকারী এবং সরকারি টেলিফোন সংযোগ প্রদানকারীদের উপর নির্ভর করে। অন্যদিকে মুঠোফোন ব্যবহারকারীর সংখ্যা এক বছরের ব্যবধানে ২.২৬ শতাংশ বেড়ে ১৬.৭১ কোটি হয়েছে। গত সেপ্টেম্বরে যা এযাবতকালে দেশের ইতিহাসে সর্বোচ্চ এবং একটি মাইলফলকও বটে। গত বছরের একই সময়ে সক্রিয় মুঠোফোন ব্যবহারকারীর সংখ্যা ছিল ১৬.৩৪ কোটি।

জ/ব্যা/লি/জি/বি/২০20/12 
১৩-১১-২০২০

জনাব কামাল 
দশচিড়া রোড, টেপড়া, শিবালয়, মানিকগঞ্জ-১৮৫০ 

বিষয়ঃ ক্রসচেক প্রত্যাখানের কারণ। 

জনাব, 
যথাবিহীত সম্মান প্রদর্শন পূর্বক আপনার সদয় অবগতির জন্য জানানো যাচ্ছে যে, ক্যাশ কাউন্টারে কোনো ক্রসচেকের বিপরীতে নগদ অর্থ প্রদান করা হয় না। শুধু ক্লিয়ারিং হাউজের মাধ্যমে একাউন্ট পে-ইকে ক্রসচেকে উল্লিখিত পরিমাণ টাকা প্রদান করা হয়। আপনি জনতা ব্যাংক লিমিটেডের শিবালয় শাখার ক্যাশ কাউন্টারে চেক জমা করেছেন। কিন্তু, এই ব্যাংকে আপনার কোনা একাউন্ট নেই। এই কারণে জনতা ব্যাংক লিমিটেডের শিবালয় শাখা আপনার প্রদত্ত চেকটি প্রত্যাখান করেছে। তবে ক্লিয়ারিং হাউজের মাধ্যমে আপনি আপনার টাকা উল্লিখিত একাউন্টে জমা করতে পারেন। সেক্ষেত্রে চেকটি ক্যাশ কাউন্টারে না দিয়ে ক্লিয়ারিং শাখায় জমা দিতে হবে । 

ধন্যবাদান্তে 
প্রণয় তির্কী
এক্সিকিউটিভ অফিসার ও সাধারণ ব্যাংকিং ইনচার্জ 
জনতা ব্যাংক লিমিটেড 
শিবালয় শাখা, মানিকগঞ্জ ।

Janata/Dhaka EPZ/CR/2020/86                                                                                                                                                                             FINAL NOTICE
November 13, 2020 

Mr. Md. Rafiqul Istam 
Managing Director: A.E. Knitwear Limited 
S/O: Md. Sanwar Hossain & Mst. Asa Banu 
Office Address                 :                  210-211, Unique, Gazirchat Ashulia Road, Savar, Dhaka.

Residence Address        :                  House no- D-21 (Halim House), Bazar Road, Bank Colony, Savar-1340, Dhaka. 

Sub: Final Notice for Depositing Overdue Installments of Your Classified Loan. 

Dear Sir, 
Please be informed that, your loan account B.E. Knitwear Limited (0115 73400000008) is currently running with five (05) installments overdue. As a result, the account has become a classified account as Sub-Standard (SS) and being reported to Bangladesh Bank. Despite several verbal (over phone & physical) & written reminders from us, you have been irresponsive about depositing overd installments. 

Now, we are in a position to serve you a Final Notice for adjusting the overdue installments on or before 07.12.2020 (15 working days). Otherwise, we will have no option but to callback the loan as per sanction term [(a) Other terms and conditions for Lease Finance Facility: Page no.: 04]. Your cordial & quick response regarding this issue will be highly appreciated. 

For any clarification, please feel free to contact us.

Thanking you.

Mohidul Islam                                                                   Pronay Tirki                                                                                                                  Md. Anwar Hossain

Junior Officer                                                                     EO & Deputy Manager                                                                                                     VP & Manager

CC To: 
1. Head of Recovery Division, The Janata Bank Ltd, Head Office, Motijheel, Dhaka.

Managing emotions in the workplace is important as it is a challenging place. It is also necessary for a person who wants to be effective at managing relationships.

Currently it is widely recognized that successful adjustment at the workplace requires not only social skill but also motivations. Social skill is a person's ability to apply gathered knowledge and motivations lead him to do this.

Socially skilled people are supposed to have a wide-spread acquaintances at workplace. They do maintain it to find out positive outcomes. Social skill is something that is more than friendliness. It assumes that nothing important that gets done alone.

Some components that develop social skills are: 

i) Effective communication at workplace. 
ii) Empathy. 
iii) Relationship management. 
iv) Mutual respect.
V) Friendliness.

Social skill is recognizable on the job in many ways as it is the outcome of the other dimensions of emotional intelligence.

                                                                    'Stimulus Package' during COVID-19: Rote of Banks and Implementation Challenges

The government has so far announced a set of stimulus packages worth around $11.90 billion (Taka 1.011 trillion to offset the COVID-19 shock on various sectors of the country and minimize the sufferings of the people hit hard by the nationwide shutdown enforced to fend off the deadly virus. "In the wake of COVID-19 outbreak in the country, the government led by Prime Minister Sheikh Hasina has so far declared a set of stimulus packages of Tk 1.011 trillion which is 3.6 pe cent of total GDP to reinvigorate the country's economic activities and production system.". It said total of 18 economic sectors, including export-oriented industries; small, medium and industries, agriculture, fish farming, poultry and livestock have been brought under these incentive packages. 

Among the packages, the highest amount of Tk 300.00 billion has been allocated for providing working capital facility to the affected industries and services sector organizations followed by T 200.00 billion stimulus package for supplying working capital to the small (including cottage industries) and medium industrial enterprises. 

As the impact of the corona virus outbreak on Bangladesh economy is becoming apparent in many ways, Prime Minister Sheikh Hasina announced a second stimulus package for the affected sectors on April 5, 2020. These packages are for the immediate, short and long terms that aim to increase public expenditure, widen social safety net coverage and increase monetary supply. Earlier, on March 25, 2020, the government declared the first stimulus package amounting to Tk 5,000 crore for the export-oriented sectors. 

Now the second package covers four areas and amounts to Tk 67.750 crore to overcome the economic losses caused by the corona virus situation. Thus, the total size of the stimulus packages stands at Tk 72,750 crore, which is about 2.5 percent of Bangladesh's gross domestic product (GDP). This support is deemed to help both local and export-oriented sectors which are facing the heat of Covid-19. 

In the new package, Tk 30,000 crore is set aside for big industries and the service sector which will be distributed by commercial banks as working capital loan at 9 percent interest rate. Here, the government will provide 4.5 percent as interest subsidy. Small and medium enterprises (SMEs) including the cottage industries, will receive Tk 20,000 crore as working capital loan at 9 percent interest rate, and the government will give 5 percent interest subsidy. An amount of Tk 12,750 crore has been allocated under the Export Development Fund (EDF) of Bangladesh Bank to facilitate raw materials imports under back-to-back Letter of Credit. The interest rate here has been reduced to 2 percent from 2.73 percent. The fourth component is the allocation of Tk 5,000 crore to facilitate the Pre-shipment Credit Refinance Scheme' at 7 percent interest rate. 

The government has also committed to widen the coverage of the existing social safety net to address the basic needs of people living below the poverty line. These include workers in the informal sector, the daily labourers, old people and destitute women. They will be supported by way of cash transfers, free food and rice at Tk 10 per kilogramme through the open market sale operation. Free housing has been promised to the homeless people. There is no clear indication about the amount of resources allocated for these activities. If these people are to survive throughout the corona period and beyond, there will be a huge requirement for that. Therefore, not only the allocation is required right now, but the upcoming budget for FY 2021 will have to make room for their requirements. 

The stimulus package is a timely and much-needed measure. The questions that are echoed around now are: how this money will be mobilized, and how it will be utilized.

Apparently it seems that the major responsibility will be on the commercial banks. The banks have to generate the funds to provide working capital loan for business, trade and services. In this respect, a number of issues can be raised.

First, one of the important features of Bangladesh's stimulus package is that the lion's share of the package-Tk 67,750 crore-is repayable loan. In other words, this is a liquidity support. Except for the support t under EDF of the central bank, the commercial banks will be responsible for the selection of their customers, and thus for absorbing all types of risks attached to the loan, such as management risk, sectoral risk and market risk. The banks will also have to ensure that the loan is paid back to them in due course. 

Given the current health of the banking sector, whether it is in a position to perform this huge responsibility is a natural question. The banking sector is now overburdened with huge non- performing loans (NPLs), liquidity shortage, low net profitability, lack of skilled human resources, poor risk management preparation and inadequate technological skills. 

Several banks have lost their reputation due to bad loans and poor management. People have turned away from them and do not want to keep their hard-earned money in these banks. Particularly, the new banks and several non-banking financial institutions are suffering from a serious management crisis that led to loss of confidence of the depositors. In the current fiscal year, the government has imposed restrictions on further sales of the savings certificate as it was creating a fiscal burden for the government. As a result, bank deposit has increased by about 10 percent in the current fiscal year. However, those deposits are kept in the good private banks and in the state-owned banks. Therefore, not all banks are equally capable of providing loans to support the Covid-19 affected businesses.

Second, if the Covid-19 loans become bad loans, the banking sector will run into further trouble. It has been mentioned that borrowers will be selected by the banks based on bank-client relationship. Unfortunately, this understanding did not bring any good for the banking sector so far. Much of the NPLs in the banking sector is due to the habitual defaulters who have been given leeway through various supports by the policymakers. Given the historical experience of loan default, one cannot but be apprehensive of the misuse of the new opportunities announced for the corona-affected businesses. The willful defaulters are mostly powerful and politically connected people. Banks have had always difficulties both in case of refusing loans to them and in recovering the loans from them. Thus, banks should be hundred percent compliant in disbursing these loans during such a critical time. The central bank has a critical overseeing role to play here. 

This is more so because the full responsibility of fund distribution and management will be on the commercial banks. No other organizations will be there for them. Even any irregularity with regard to the distribution of EDF fund will not be the responsibility of the central bank. The Ministry of Finance will provide export support. In case of bank loans, the ministry will pay the interest subsidy on loans which are projected to be Tk 3,000 crore. 

Third, how the money will be generated is another issue. As the corona virus continues to affect the economy, the liquidity crunch will deteriorate further since economic activities will shrink. Bangladesh Bank has undertaken quantitative easing by reducing policy rates. Towards this, the Cash Reserve Ratio (CRR) has been reduced by 0.5 percentage point. This will generate an additional Tk 6,200 crore. If needed, Bangladesh Bank may have to reduce the CRR further and also reduce other rates such as the Statutory Liquidity Ratio (SLR) given the demand for liquidity during the Covid-19 crisis. 

Fourth, the transparency and accountability of this stimulus package will be of paramount importance. Who will get the support, on what basis the demand of the applicants will be assessed, and whether there will be non-interference from the powerful groups are issues that are attached to the distribution of the incentive package. Of course, the prime minister herself warned again misappropriation and mismanagement of the stimulus package. One only hopes this reaches the people at the ground level-and for once at least, the opportunists keep themselves away from grabbing a share from this humanitarian support.

 message Finally, the government should also explore options for support from the international developme agencies and donors. International Monetary Fund, World Bank. Asian Development Bank, Asian Infrastructure Investment Bank, Islamic Development Bank and other agencies have enhanced the support packages during this crisis moment. Bangladesh will have to move fast since there are several countries in line to receive their support to tackle the impact of Covid-19 crisis.

$At 10\% profit,$

$The \cos t price of first shirt =\frac{100}{100+10}\times 594=\frac{100}{110}\times 594 = 540 Tk.$

$Again, at 10\% loss$

$The \cos t price of second shirt=\frac{100}{100-10}\times 594=\frac{100}{90}\times 594 = 660 Tk.$

$Now,thetotalcostpriceoftwoshirts=540+660=1,200 Tk.$

$And the total sell price of two shirts = 594 x 2 = 1,188 Tk.$

$\therefore Loss 1.200-1,188 = 12 Tk.$

$\therefore Percentage loss = (\frac{12}{1200}\times 100)\% = 1\% \left(answer\right)$

$Let, x liters of 40\% alcohol needs to be added to make a mixture that is 25\% alcohol.$

$According to question,$

$40\% of x + 10\% of 4 = 25\% of (x + 4)$

$=\frac{40x}{100}+\frac{10\times 4}{100}= \frac{25(x+4)}{100}$

= $40x+40=25x+100 [Multiplying both sides by 100]$

= $40x - 25x = 100 - 40$

= $15x = 60$

$\therefore x = \frac{60}{15} = 4 \left(answer\right)$

$Here, 30 minutes = \frac{1}{2} hour$

$24 machines can make 5 devices in = \frac{1}{2} hour$

$\therefore I machine can make 1 devices n =\frac{1\times 24}{2\times 5} hour$

$\therefore 4 machines can make 15 devices n = \frac{1\times 24\times 15}{2\times 5\times 4} = 9 hours \left(answer\right)$