The holiday marking the end of Ramadan used to be a boon for Bangladesh's small shops and businesses, often generating profits equivalent to those of the entire year. However, this year, many fear they won't even cover their monthly rent due to poor sales, worsened by inflation soaring to 9.5% or higher over the past 12 months. During visits to Dhaka markets such as New
Small businesses in Bangladesh faced substantial hardships in 2023 as their sales took a steep dive last year due to ongoing inflationary pressure in the country, according to various businesspeople.