Business activities dull amid Eid hangover

Staff Correspondent | Published: 00:00, Aug 15,2019


A branch of a private commercial bank remains deserted in capital Dhaka on Wednesday, the first working day after Eid-ul-Azha holidays. Business and economic activities in the Dhaka city remained almost absent on the day as Eid hangover persisted. — New Age photo

Business and economic activities in the Dhaka city remained almost absent on Wednesday, the first working day after Eid-ul-Azha holidays, as a large number of city dwellers who went to their ancestral homes in villages to celebrate the festival were yet to return to the city and the others who remained in the capital during Eid were still in a holiday mood.

Presence of officials and employees and service seekers in most of the government and private offices remained thin while most of the commercial establishments remained shut after a two-day weekend followed by a three-day holiday on the occasion of Eid-ul-Azha, one of biggest religious festivals of the Muslims.

Eid-ul-Azha was celebrated across the country on Monday.

A good number of officials and employees at Bangladesh secretariat, banks and financial institutions and private offices were yet to join their workplaces after Eid as many of them took a one-day additional leave on Wednesday to avail 9-day holiday as today (August 15) is a government holiday due to the National Mourning Day.

Most of the retail shops, restaurants, shopping malls and kitchen markets remained closed on Wednesday and those which opened on the day experienced a very thin turnout of customers.

Volumes of transaction at banks and other financial institutions were also very insignificant with few clients seeking services as the overall economic and commercial activities were yet to get momentum after the vacation.

An official of a private bank said that the presence of clients after this Eid was especially low because of rains on Wednesday.

He hoped that the banking activities would start to peak up from Sunday.

An official of a mobile company said that the presence of staff at their office was also low as many of the employees did not turn up taking the opportunity of an extra leave for Wednesday.

Country’s stock markets were also closed on Wednesday as the bourses earlier decided to enjoy a 9-day holiday sensing that there would be a thin presence of investors on Wednesday.

Trading activities on the bourses will resume on Sunday.

Employers and traders in Dhaka said that business and economic activities might become normal and vibrant by the end of this week or early next week when most of the people would return to the capital.

Restaurants and fast food shops close to leisure spots across Dhaka, however, saw some business as city dwellers visited the places with family members and friends amid rains.

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