Businesses scuffle amid rising interest rates
Businesses scuffle amid rising interest rates

The business sector in Bangladesh is grappling with a crisis due to successive increases in loan interest rates. Rising costs have stalled investments, creating widespread challenges. Business leaders point out that while consumer loan rates are typically raised globally to curb inflation, in...

Entrepreneurs targeted by resentment
Entrepreneurs targeted by resentment

The Bangladesh Bank or the Financial Intelligence Unit (BFIU) cannot appoint a receiver to any business entity on its own. If a receiver needs to be appointed, it requires a lengthy process. However, in recent days, several media outlets have reported that receivers have been appointed to 10...

Misinformation, media trials cripple businesses
Misinformation, media trials cripple businesses

Businessmen continue to face numerous challenges, exacerbated by media outlets that spread false information about various businesses and financial institutions. Critics argue that these unfounded rumors and fabricated statements constitute a form of media trial. The medias intense scrutiny of...

Those creating jobs are the ones facing harassment: Mintoo
Those creating jobs are the ones facing harassment: Mintoo

Former president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), Abdul Awal Mintoo, said that those striving to create employment in the country through investment are the ones facing harassment, despite their significant contributions to the economy. There are two...

Economy in a greater crisis than politics: Mintoo
Economy in a greater crisis than politics: Mintoo

Abdul Awal Mintoo, former president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) and Vice Chairman of the Bangladesh Nationalist Party (BNP), has raised serious concerns about the countrys economic condition, stating that it is in a more precarious position than...

FBCCI involved in implementing govt’s agenda
FBCCI involved in implementing govt’s agenda

Federation of Bangladesh Chambers of Commerce and Industry (FBCCI), the apex trade organization of the businessmen of the country, is also in top in showing unreasonable obedience to the government whoever comes into power. Some leaders of this apex trade organization seemed to overpass the...