DCCI urges govt to keep offices open Saturdays in Dec
Thursday, 20 November 2008
FE Report
Dhaka Chamber of Commerce and Industry (DCCI) called upon the government to consider declaring Saturdays open for the month of December 2008 as there will be only 16 working days in the month owing to many government holidays including Eid-ul-Azha,Victory Day, National elections and Christmas besides regular weekly holidays, said a press release.
December being the last month of the calendar year, there will be lots of activities in banks, insurance companies and business houses including international business transactions.
The DCCI called upon the government to take into account the amount of work involved in the year ending.
The publication of annual reports of companies including the yearly audits and accounts are huge tasks that put extra pressure on the concerned departments and the staff.
While the closing documents take time to be prepared and streamlined, normal business activities need to be continued as well.
Specially the manufacturing and export units have to maintain chain of production and shipment to meet deadlines, the DCCI press release said.
Moreover, the annual tax returns are also a concern that demands attention of the business organisations.
Two-day weekly holiday has already taken a toll on the economy of the country, the DCCI observed.
Besides, the government may take note of the prevailing world economic melt down that started at the beginning of this year.
The US economy has been badly hit due to huge financial crisis. The impact has been felt worldwide.
Bangladesh cannot expect to remain outside the influence of the global economic recession.
Under the severe economic uncertainties, the DCCI cannot afford to lose time in making up the losses they have already incurred.
In the absence of state-of-the-art technology and highly skilled manpower they are already under tremendous pressure in meeting the business requirements in terms of manufacturing, export and import.
Dhaka Chamber of Commerce and Industry (DCCI) called upon the government to consider declaring Saturdays open for the month of December 2008 as there will be only 16 working days in the month owing to many government holidays including Eid-ul-Azha,Victory Day, National elections and Christmas besides regular weekly holidays, said a press release.
December being the last month of the calendar year, there will be lots of activities in banks, insurance companies and business houses including international business transactions.
The DCCI called upon the government to take into account the amount of work involved in the year ending.
The publication of annual reports of companies including the yearly audits and accounts are huge tasks that put extra pressure on the concerned departments and the staff.
While the closing documents take time to be prepared and streamlined, normal business activities need to be continued as well.
Specially the manufacturing and export units have to maintain chain of production and shipment to meet deadlines, the DCCI press release said.
Moreover, the annual tax returns are also a concern that demands attention of the business organisations.
Two-day weekly holiday has already taken a toll on the economy of the country, the DCCI observed.
Besides, the government may take note of the prevailing world economic melt down that started at the beginning of this year.
The US economy has been badly hit due to huge financial crisis. The impact has been felt worldwide.
Bangladesh cannot expect to remain outside the influence of the global economic recession.
Under the severe economic uncertainties, the DCCI cannot afford to lose time in making up the losses they have already incurred.
In the absence of state-of-the-art technology and highly skilled manpower they are already under tremendous pressure in meeting the business requirements in terms of manufacturing, export and import.