Businesses in Bangladesh will face challenges in managing the impacts of higher inflation and exchange rate in 2024 as well while the cost of production and operation may increase amid the rising bank interest, several business and corporate leaders warn.
Nearly 70 percent of businesses in Bangladesh have been impacted due to price increases of raw materials and weak consumers demand, which are primarily attributed to the ongoing Russia-Ukraine war.
The Citizen’s Platform for SDGs Bangladesh in partnership with UNDP-UNEP Poverty-Environment Action organised a day-long conference titled “SDGs and Youth in Bangladesh: Present Perspectives and Future Outlook” on September 1, 2022. Here we publish a summary of the discussion.
RMG export: Apparel exporters in Bangladesh are feeling the pinch of a looming global recession, persisting higher inflation and dragging severe fallout of the Russia-Ukraine war as orders from international buyers have fallen.