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DHAKA, Jan 12, 2025 (BSS) – Business leaders have urged the authorities concerned to take necessary steps for ensuring stable and affordable energy supply.
 
They also proposed several measures to ease the pressure on businesses.
 
These include reducing interest rates, reinstating export incentives, and adopting more business-friendly tax policies.
 
During a meeting with Bangladesh Bank Governor Dr Ahsan H Mansur today, they highlighted the need for such a policy as businesses face mounting pressures from high interest rates, rising energy costs, and increased taxation.
 
"Energy shortages and soaring gas prices were also cited as significant obstacles, driving up production costs and reducing the competitiveness of Bangladeshi products in global markets," said Anwar-ul Alam Chowdhury (Parvez), president of the Bangladesh Chamber of Industries (BCI), while talking to reporters after the meeting.
 
He underscored the urgency of addressing these concerns to prevent further strain on the industrial sector.
 
The business community also identified several critical issues, including escalating borrowing costs, which they said are stifling growth and reinvestment opportunities.
 
High interest rates on bank loans were described as a major impediment to sustainable business operations.