DHAKA, Feb 28, 2026 (BSS) - Chairperson of the Bangladesh Competition  Commission AHM Ahsan today said that due to effective initiatives undertaken  by the government and the private sector, a noticeable stability has been  observed in the market, particularly for essential commodities, during the  Holy Month of Ramadan this year.  He said this while addressing a view-exchange meeting on the "Necessity of  maintaining an improved law & order situation to facilitate the ease of doing  business" as the chief guest organised by the Dhaka Chamber of Commerce and  Industry (DCCI) held today at the DCCI Auditorium.   Md. Abdur Rahim Khan, administrator of the Federation of Bangladesh Chambers  of Commerce and Industry (FBCCI), spoke at the seminar as a special guest. Ahsan mentioned that there is no alternative to properly coordinating supply  and demand in market management and emphasized the importance of ensuring  accurate data on the use and distribution of essential goods.   "Creating a business-friendly environment in the country reduces  institutional costs for entrepreneurs, which in turn positively impacts  product prices," he said. Bangladesh Competition Commission Chairperson also stressed the need for  cooperation with the law enforcement agencies in maintaining law and order  and expressed hope that the newly-elected government would take stronger  measures to ensure safety and security across all sectors. In his remarks as special guest, FBCCI's Md. Abdur Rahim Khan said that there  is no alternative to improving the law-and-order situation and ensuring  proper market management for the smooth functioning of business operation.   He noted that ensuring overall economic growth would help improve political  system and the law-and-order situation, which would, in turn, reduce  activities outside the framework of law and policy.  However, he emphasized the need to ensure certain reform measures promptly so  that visible changes can be observed and public confidence restored. Shibir Bicitra Barua, additional secretary of Ministry of Commerce, mentioned  that the Ministry of Commerce has undertaken initiatives to introduce the IPO  Policy 2025-28, which will further facilitate business and investment  activities. In his welcome address, DCCI President Taskeen Ahmed said the private sector  has not achieved the desired level of progress over the past few years due to  contractionary monetary policy, unexpected deterioration of the overall law  and order situation, illegal extortion, irregularities, corruption,  administrative complexities and bureaucratic red-tapism.  He expressed the hope that the newly-elected government will prioritize  facilitating trade and investment, particularly by improving the law-and- order situation.  Taskeen emphasized that there is no alternative to ensuring a safe and  predictable environment for boosting trade and investment, alongside  macroeconomic stability.  Furthermore, he stressed the need for increased coordination between the  private sector, law enforcement agencies, policymakers and economic  ministries or organizations to address the current situation. Abdul Jalil, director of Directorate of National Consumer Rights Protection,  said that excessive use of fertilizers and pesticides in domestically  produced potatoes is deteriorating their quality, and due to the failure to  meet international standards, Bangladesh is being deprived of potato exports  to foreign markets.   He emphasized the need for effective initiatives through coordination among  farmers, entrepreneurs, and government agencies. Mohammad Harun Or Rashid, deputy commissioner of Dhaka Metropolitan Police,  urged the public to refrain from occupying footpaths and roads for setting up  shops to reduce traffic congestion and assured that the police would take the  highest level of initiative to control extortion. In the open discussion session Haji Abul Hashem, a businessman, stated that  traffic congestion and the deterioration of the law and order situation are  two major concerns for businesspeople, and the government must take a strong  role to address these issues.  He also expressed the need for a tolerable VAT and tax policy so that  businesspeople can operate comfortably. Tarikul Islam Khan, Managing Director (MD) of Nahar Cold Storage Limited,  businessmen Haji Md. Golam Mowla, Haji Md. Monir Hossain and Haji Mohammad  Ali Bhutto also spoke, among others, on the occasion. DCCI Senior Vice-President Razeev H Chowdhury, Vice President Md. Salem  Sulaiman and members of the Board of Directors were also present on the  occasion.