What will shape Bangladesh's business climate in 2026?

As we look towards 2026, the overall mood within Bangladesh's business community can best be described as one of cautious optimism. From my engagement with our members and stakeholders, it is clear that while concerns remain, there is also a growing belief that conditions may gradually improve over the coming year. Globally, the slow recovery of major economies, easing inflationary pressures and greater stability in supply chains are beginning to reshape international trade and investment patterns. Regionally, markets are opening up and global value chains are becoming more predictable, creating fresh opportunities for Bangladeshi exporters as well as for domestic industries.

Bangladesh continues to rest on solid fundamentals. A competitive labour force, a growing domestic market and several large infrastructure projects nearing completion provide a strong base, particularly as we approach our graduation from Least Developed Country status. However, these strengths will not automatically translate into higher investment unless key macroeconomic challenges are addressed. Restoring stability in the foreign exchange market, managing interest rates more effectively and rebuilding confidence in the financial sector are now essential. At the same time, uninterrupted power and energy supply, more efficient trade facilitation and faster import-export clearances remain critical for ensuring that businesses can operate without disruption.

Looking beyond 2026, sustained improvement will depend on policy consistency, predictable regulation and stable governance. Structural reforms in the banking sector, a simpler and more automated taxation system, improved logistics infrastructure and more efficient public administration are necessary to reduce business costs and enhance competitiveness. If these reforms are implemented decisively, the overall policy environment can improve significantly, helping to strengthen investor confidence and build a more resilient and attractive business ecosystem.

Political stability plays a central role in shaping the investment climate, and a free, fair and transparent national election is fundamental to achieving that stability. Investors place a high premium on the rule of law, predictable policymaking and institutional credibility, all of which are reinforced when a government derives its mandate through a credible electoral process. A trusted election reduces uncertainty, lowers perceived risk and reassures both domestic and foreign investors that economic decisions will be guided by democratic accountability rather than sudden political shifts. It also signals to international partners that the country's governance framework is dependable and consistent.

Once an election is concluded, the immediate priority of the next government should be the restoration of macroeconomic stability. This includes stabilising the exchange rate system, improving foreign currency liquidity and ensuring reliable supplies of electricity, gas and fuel. Strengthening discipline within the financial sector is equally important in creating a predictable environment for business. Modernising ports, roads and logistics facilities, alongside digitising regulatory services, will help reduce operational delays and improve overall efficiency.

Reforms in taxation, customs and regulatory practices must be time-bound and focused on lowering compliance costs and easing the burden of doing business. Improved governance, stronger contract enforcement and greater policy transparency will further reduce investment risks. At the same time, targeted investments in digitalisation, skills development and technology adoption are essential if domestic industries are to compete effectively in global markets. If these priorities are addressed with urgency and consistency, the next government will send a strong signal of stability, certainty and confidence—conditions that are vital for accelerating investment, diversifying exports and securing Bangladesh's long-term economic strength.

Taskeen Ahmed is the president of DCCI.