Businesses in Bangladesh are increasingly concerned about bank loan interest rates reaching 14%, fearing that double-digit rates will raise operational costs and diminish profitability. During a seminar hosted by the Dhaka Chamber of Commerce & Industry, leaders emphasized that no country can thrive under such high-interest conditions, which deter foreign direct investment (FDI) and hamper employment generation. They criticized the interim government’s failure to instill confidence among entrepreneurs and highlighted the need for more dialogue with the business community to address ongoing challenges. Additionally, it was noted that loans from the International Monetary Fund often have adverse effects on businesses. Concerns regarding law and order were also raised, particularly in industrial zones, where violence and unrest have disrupted operations. Participants urged the government to enhance security measures and ensure that law enforcement is responsive to emergencies. The inability of banks to provide necessary funds has led some industries to struggle with worker payments, exacerbating the challenges faced by businesses. Overall, there is a pressing call for the government to focus on improving the economic environment and addressing issues that affect the business landscape in Bangladesh.
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