The International Monetary Fund said it remained “fully committed to Bangladesh and its people” after protests ousted the prime minister.

Intercity and long-route passenger transport providers resumed bus services on a limited scale yesterday afternoon amid a lack of passengers, but transport of goods remained largely halted, according to sector insiders, especially with assessment activities halted at three customs houses around the country.

Although banks reopened yesterday, a day after prime minister Sheikh Hasina handed in her resignation, overall activities including financial transactions were affected due to security concerns among lenders and clients.

Fearing looting and vandalism amidst the political crisis that culminated in Prime Minister Sheikh Hasina’s resignation following 15 years at the helm of an iron-fisted regime, many shops and malls in the country were closed yesterday, causing huge losses for businesses.

Stocks in Bangladesh witnessed a massive jump yesterday amid hopes of a revival of the market following the exit of Sheikh Hasina from Bangladesh after her resignation from the post of prime minister on Monday.

The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) today urged for the fast restoration of law and order and the revival of economic activities

The AAFA is the American trade association representing apparel, footwear and other sewn products companies, and their suppliers

The leading chamber wants quick formation of interim government

BSEC chairman skipped office today

The Economic Reporters’ Forum meets BB officials

They said they were deprived of official benefits and promotions over the last 15 years

The DSEX rose 3.15% until 10.50am

Lending from offshore units of banks in Bangladesh has declined amid the ongoing foreign exchange crisis, leaving the segment in a fragile situation.

“Brother, please take at least four bananas. If not, my family will have to go without food. They are already starving,” said Shukkur Ali while pleading with this reporter to make a purchase.

The interim government’s immediate duty will be to address inflation and repair weak financial institutions as it seeks to rebuild the economy, according to experts.

The risk of violence amidst a political crisis that culminated in the resignation of Prime Minister Sheikh Hasina yesterday disrupted supply chains of essential food commodities, hitting consumers, traders and farmers.

Garment exporters are expecting a strong recovery in exports and business as normalcy is being gradually restored with the changing political scenario.

Bangladesh has no time to spare when it comes to ensuring the stability of the economy, which has fallen into a crisis mainly due to the absence of democracy for over a decade.

The BGMEA took the decision today in an emergency meeting

The executive committee members of the trade body will took part in the meeting