BCI President Anwar-ul-Alam Chowdhury Parvez has said businesses are being treated as defaulters despite being crippled by halted production.
In a shocking turn of events reported from Bangladesh, top industrialists from Bangladesh’s major business bodies are warning the Muhammad Yunus led interim government that the ongoing power and gas crisis in Bangladesh will push the industries of the nation toward collapse. Many experts also compared the present situation to the 1971 Liberation War. Here are all the details you need to know about the present situation in Bangladesh.
Compared the crisis to the 1971 Liberation War, BTMA President Showkat Aziz Russell was quoted as saying by DT that “Back then intellectuals were targeted; in 2025, it’s the entrepreneurs. We’re paying gas bills but getting no supply. Factories are idle, yet we’re pressured to repay loans, deal with soaring interest rates, and face government threats. Our backs are against the wall”.
Adding to the worries, BCI President Anwar-ul-Alam Chowdhury Parvez has said businesses are being treated as defaulters despite being crippled by halted production and lack of government support.
“While there’s no gas, no production, and threats over unpaid salaries. The government is neither supporting us nor easing its stance. Jobs are at risk”, BCI President Anwar-ul-Alam Chowdhury Parvez said.
“If this continues, half the factories will shut down in a month or two,” Vice-President Saleudh Zaman Khan said about the current situation.
Bangladesh’s Yunus cites ‘foreign conspiracy’ behind poor governance
The interim government in Bangladesh led by Muhammad Yunus which is confronting a major political crisis blamed “defeated forces” and “foreign conspiracy” for obstructing the normal functioning environment and creating confusion and suspicion among the public.
Yunus chaired a two-hour long unscheduled meeting of the Advisory Council at the Planning Commission office in Dhaka recently amid increasing political tensions and growing speculation over the stability and continuity of the interim government.
“Despite all obstacles, the Interim Government continues to fulfil its responsibilities by putting national interests above group interests. However, if — under the instigation of defeated forces or as part of a foreign conspiracy — the performance of these responsibilities becomes impossible, the government will present all reasons to the public and then take the necessary steps with the people,” read a statement issued by the Advisory Council after the meeting.
(With inputs from agencies)