Businessmen to raise movement if VAT is not withdrawn
Businessmen to raise movement if VAT is not withdrawn

Traders in the agro-processing sector have called for the withdrawal of the increased VAT and customs duties on processed food products. Traders in this sector have warned of taking to the streets with movement if initiatives are not taken to withdraw VAT and taxes within 7 days. At the same time,...

Businessmen backed against the wall
Businessmen backed against the wall

Resentment among businessmen is mounting as they feel increasingly cornered by the challenges facing the economy. With no clear guidance to revive trade and business, many have turned to Bangladesh Bank Governor Ahsan H. Mansur, presenting a nine-point set of demands aimed at easing their burden....

Industrial production slumps amid investment crisis
Industrial production slumps amid investment crisis

The country is experiencing stagnant investment due to various issues, including high interest rates, instability in industrial zones and a power and energy crisis. This has stunted job creation, and industrial production has hit rock bottom. Amid the push to create extensive employment for...

Businessmen in fear of decline in investment
Businessmen in fear of decline in investment

Bangladesh Banks effort to control inflation is going on and they increase the policy interest rate thrice in three months. However, the businessmen are in fear of losing investment due to the increase in policy interest rate. According to them, the interest rate on personal debt will be increased,...