Businesses in Chattogram are experiencing significant losses due to protests, curfews, and internet blackouts. The Khatunganj wholesale market has seen a drastic fall in buying and selling of goods, with traders reporting losses of Tk10,000 crore. The market, which previously relied on banking channels, has been disrupted by internet outages, shutdowns, and bank closures. Traders blame the poor presence of buyers from districts and upazilas for the drop in sales. The closure of the banking channel has been the most challenging for businesses, as they do 95% of their business transactions through banking. The Khatunganj Trade and Industries Association reports that some storehouses and wholesale shops were opened, but the curfew and internet outage have dragged down sales of consumer goods. The wholesale market in Chattogram fulfills 40% of the country’s demand for consumer goods.
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