Dhaka, Feb. 12 -- Entrepreneurs, both small and large, are grappling with mounting financial pressure as rising interest rates drive up borrowing costs, and uncertainty looms over the uninterrupted supply of gas crucial for manufacturing.
Due to three major factors, entrepreneurs are at risk of defaulting on bank loans, as instalment amounts have increased with rising interest rates, according to business leaders.
At the same time, they said, the period for declaring a borrower a defaulter is now limited to three months.
They fear that interest rates may rise further and that production lines could be disrupted due to gas supply shortages.
Speaking to UNB, several small and large entrepreneurs claimed that law enforcement agencies, es...
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