Amid worker unrest and insecurity in the industrial sector, entrepreneurs and bankers have urged the new administration to focus on rebuilding confidence in the economy.
Businesses suffered heavily because of street protests and internet blackouts with production disrupted and shipments delayed during the anti-discrimination student movement that toppled the Sheikh Hasina Government on August 5.
The political turmoil in Bangladesh has significantly impacted the economy, eroding the confidence of both domestic and international investors. The Police Force, fearing reprisal attacks, was hesitant to return to work, further worsening the situation. Worker unrest fuelled more concerns later.
Now, Bangladesh must make sure that the country is back in business and also needs to set a communication strategy for channelling the information to the domestic and international business community, according to Managing Director of Apex Footwear Ltd. Syed Nasim Manzur, Nasim Manzur and other entrepreneurs and bankers shared their ideas about short and long-term measures at a roundtable titled ‘Current Business Challenges and Way Forward’, organised by The Daily Star at its office in Dhaka yesterday.
(The Daily Star)
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