As many as 72 per cent of the entrepreneurs in Bangladesh identified it as the major roadblock to doing business. On the other hand, 73 per cent said that further deterioration of the banking sector crisis may affect local businesses. The CPD presented the findings of the Bangladesh Business Environment Study 2020, conducted in line with the World Economic Forum's Global Competitiveness Report (GCR) 2020, through a virtual press briefing. To overcome the barriers, interaction with the business community, as well as training and adopting technology to provide the services are necessary. The disruptions in the domestic and international supply chains caused squeezing of business operations, closing down of factories and laying off workers.

Source: Dhaka Tribune December 17, 2020 18:33 UTC