If the macroeconomic stress does not ease soon, these small ventures, which contribute 32 percent of the country's GDP and employ 85 percent of the industrial workforce, face closure.
How have local private sector businesses fared in recent years?
Enterprises running small-scale operations in Bangladesh are suffering from a significant fall in sales at a time when inflationary pressure has pushed up production costs
Drastic steps needed to save SMEs from being gobbled up by corruption
Small-scale enterprises of Chattogram are facing a crisis of capital in operating their business while banks have disbursed only 3.6 per cent of the loans allotted under a government stimulus package for cottage, micro, small and medium enterprises.
If the macroeconomic stress does not ease soon, these small ventures, which contribute 32 percent of the country's GDP and employ 85 percent of the industrial workforce, face closure.
How have local private sector businesses fared in recent years?
Enterprises running small-scale operations in Bangladesh are suffering from a significant fall in sales at a time when inflationary pressure has pushed up production costs
Drastic steps needed to save SMEs from being gobbled up by corruption
Small-scale enterprises of Chattogram are facing a crisis of capital in operating their business while banks have disbursed only 3.6 per cent of the loans allotted under a government stimulus package for cottage, micro, small and medium enterprises.
