Prospect of SMEs: A few challenges

July 15, 2010 Md. Joynal Abdin

Prospect of SMEs: A few challenges

Md. Joynal Abdin

The Financial Express on July 15, 2010

Excepting a few fertilizer, pharmaceutical, cement and telecom companies all other business
entities in Bangladesh are SMEs. There are about 6.0 million SMEs in Bangladesh. Their
production accounts for around 50% of our total industrial output each year. They generate highest
number of employment and contribute to import substitution and save foreign currencies.

However, there are a few initiatives visible from the government side to bolster SMEs, deal with
their problems and facilitate and promote them. Major achievement of the government in support
of SME is the establishment of SME Foundation.

There are certain problems that need to be solved on an urgent basis to promote the SMEs. The
government must address the problems of poor Infrastructure and utility supply. Existing SMEs
are suffering badly due to load shedding of electricity. SMEs are incurring losses by paying idle
workers wages during long hours of load-shedding period. Access to collateral free bank loan: The
small entrepreneurs do not afford to provide a collateral or guarantor to get a small loan. The
government has to take some risk of distributing collateral free bank loan to the SME
entrepreneurs.

Limited access to information: Information is not available readily on the products produced by
SMEs, which will like to know the areas where the demand for their products is higher. Traditional
Technology: SME owners generally use local technology to produce goods, but these are not
productive enough to fulfill market demand, or not capable of producing quality products to
compete with the low cost imported items. Low productivity of labour: Bangladeshi SME sector
is employing about 82% of workforce and producing around 50% of industrial output. These
statistics show that our labours are low productive. This may be because of inefficiency, poor
technology or what ever it is. But if we can deploy adequate technology and train up the workforce
then our SME can produce twice the volume. Training for the existing manpower is essential for
greater output.

Lack of entrepreneurship development program: In Malaysia, there is a Ministry called Ministry

of Entrepreneur and Cooperative Development. It has different divisions and wings for operating
training and support for entrepreneurship development. But in Bangladesh there is no such
responsible body to do such kind of job. Lack of sector specific skilled manpower: There is no
educational institute or technical college in Bangladesh equipped with modern technologies for
training up people to employ in that sector. For example there is no educational curriculum dealing
with plastic and rubber in Bangladesh though it is a growing sector with tremendous export
potentials. Complicated bureaucratic procedures: To start a manufacturing plant we need to
undergo a series of lengthy procedures, which are procuring licences, registrations, clearances etc.
Completing all the formalities is not so easy and every desk asks for bribes for theirs jobs for which
they are paid for.

Lack of marketing knowledge: One of the major problems of the SMEs is ignorance about the
market. Where will he / she sell the product? They do not know how to get export market access.
The government can take the lead to promote our SME products at home and abroad.

High bank interest rate: To make profit with 13% bank loan, employing people, paying rents, and
other utility charges SMEs have to sell products at 50% higher than their manufacturing cost. To
sustain in a competitive global market we have no option but to produce quality goods at a cheaper
rate. But by paying double digit interest it is not possible. As a result to remain us competitive we
have to reduce bank interest rate up to single digit.

Lack of testing facility: To get access to any western market we must have to comply with WTO
SPS requirements and other international standards. In Bangladesh we are till not having facility
to test many products. So upgrading our testing laboratories according to current need is important.

Absence of SME support centers: Till now a few consulting firms are providing services at high
charges. We should have more SME support centers to give advice to the potential entrepreneurs
to prepare project proposal, formulate marketing strategy, design products, and upgrade products
quality for the SMEs.

Absence of an individual SME Policy: There is an SME policy strategy 2005. But many of its
articles become obsolete today. So drafting and implementing an individual SME policy based on
current need is essential today. It should conform to our import policy and export policy for reaping
greater benefit out of it.

The country has the potentials for further growth of SME, which promises generation of higher
employment, boost revenue earning and fetch foreign exchange through exports.

Company Description

Interior Studio

Residence Interior

Home is our haven. In residence interior, Interior Studio transforms your dream and imagination with
innovative way being excellence. With design elegance we create eco-friendly home for family. In
residence Interior Studio provide complete interior solution in Dhaka & all over Bangladesh. Interior
Studio believes every interior design is unique. So Interior Studio creates a unique interior design solution
for each and every project. Here some examples of services for residence interior.
Life Style Design

Interior architect & interior designer design our life style like our taste of style. By this we can live our
family life with our dear ones. So with creative way interior Studio designs our life style as we want to live
our life.

Spatial Planning:

Residence interior in Bangladesh Interior Studio emphases in Spatial Planning. Our home is our
sanctuary and should reflect our personality passions, style and spatial requirement. Space however is
limited in Dhaka so it can too difficult to create the environment we need. Interior Studio has experience in
designing many functions in small spaces in affordable budget.

• Living Room: Our living room is where we share the story of who we are. So our living room furniture
helps us do that. Through the help of different shapes and texture in the furniture, curtains, carpet living
room show homeowners taste of style & design. Interior studio design Classic, Contemporary, Modern &
Customize living room. In our urban life we have two kind of living room. One is family living room and
another is formal living room. Interior Studio designs both kind of living room uniquely.

• Dining Room: Dining room is a divine of our home. We gather here with family, friends & relatives for
food. So Interior Studio design dining room with suitable furniture and environment. We can taste the food
well.

• Design: Our favorite room in home is bedroom. We start our day’s here in morning and finished day’s in
night. Interior studio design bedroom with harmony of life of owner. Beds, Wardrobes & Bedroom storage,
Mattresses, Bedding, textiles & rugs, Lighting, Mirrors and Ceiling will design and install by interior studio.

• Kitchen Design: Interior studio’s Kitchen design is a new way to create our dream kitchen. Interior Studio
introduces a new kitchen system in Bangladesh. Interior studio ensures everything’s in kitchen is Bering a
new excellence in kitchen. The farms, doors, hinges, drawers, burner, cabinet, lightings,, for kitchen is all
about design. In kitchen interior design open spaces is very importance. Interior Studio is very careful
about comfortable space in kitchen. Interior studio design kitchen that’s perfect for our life, our home, our
style, our budget, our passion and the way we live our life.

• Washroom: We spend more time doing what’s really important: taking care of our self in washroom.
Interior studio design Wash room with owner taste & necessity. Interior studio focus on maximum utility of
spaces with art & comfort appearance. Interior studio balance a harmony of design with these Sinks, sink
cabinets, storage, Faucets, mirrors, lighting, textiles, accessories.

• Featured Furniture: Interior Studio designs every kinds of customized & featured furniture for us. Any
kind of reference & recommendation for furniture design in Dhaka and all over in Bangladesh interior
studio will provide.
• False Ceiling Design: A False Ceiling can Change everything in seeing in residence interior. False
ceilings can gives a definitive look and feel for our room with unique ambience. Interior studio design false
ceilings that can make our space come alive with our style.

• Closet Design: Interior studio ensure us there is no matter how much space we have our home to
storage. Interior studio has well design closet to increase storage. Interior Studio is a closet design
specialists and installation expert firm in Dhaka Bangladesh.

• Wooden Floor: In urban interior design in Bangladesh people prefer eco-friendly wooden floor for
residence. Wooden floor gives a natural looks in our home. Interior studio also prefer wood floor for
interior works.

• Light Design: The lighting in our home changes the mood of a room at once. Availability of natural light
is best. Residence interior design Interior studio design lighting of our home as like natural light, based on
color, space & taste.

• Security Automation: Now a days Interior Studio introduce Apps based Security Automation in
Bangladesh. This can more advance security system in our country. With this system we can turn on/off
our residence switches and reduce power cost.

For Further information Please visit

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Archiden is an interior design firm in Dhaka which creates beautiful residential space interior,
commercial space interior, hospitality and more, assisting owners from concept to creation.

Colorful, happy, rooted in tradition & global in aesthetics is what Archiden interior stands for. We focus
on the creation of holistic interior environment that respond to the human condition. Our unique
perception of the available space renders sophisticated, luxurious and ergonomic design that transform a
house to an home. This touch has been extended to various platforms comprising of landscape, office
interior, communities, villas, retail spaces even a single room.

333
Company Overview...

White Window Ltd was founded by two individual with vast experience in both industry and
management skills. Although it was started with a modest amount of capital but today White
Window Ltd is a growing fast in every aspect in order to meet the demand of the fast growing
Industry. We are supported by a strong management team comprising people with relevant
technical experience.
White Window Ltd is the leading cleaning services company in Dhaka Bangladesh. We are in
this cleaning services industry last 13 years.

Our cleaning services include Corporate Cleaning services in Dhaka Bangladesh, Industrial
Cleaning services in Dhaka Bangladesh, Commercial Cleaning services in Dhaka Bangladesh,
Residential Cleaning services in Dhaka Bangladesh, Exterior & interior glass cleaning services
in Dhaka Bangladesh, Floor scrubbing services in Dhaka Bangladesh, Floor stripping, waxing
and buffing services in Dhaka Bangladesh, Carpet, chair, sofa shampooing and cleaning services
in Dhaka Bangladesh, All premises master cleaning services in Dhaka Bangladesh

We at White Window Ltd believe that the productivity and the quality of our surrounding; we
strive to provide excellent services to satisfy the challenging need of our customers. Our
customers are an evidence for our achievement

Company Profile...

Name of company : White Window Ltd

Registered office : House #365, Road #28, Mohakhali DOHS, Dhaka-1205, Bangladesh.

Phone : +88 02 9861974

Handphone : +88 01777 719 603, 01755 511 999, 01777 719 602

Date of Incorporation : 7th April, 2014

Company Reg. No. : C - 115170/14

Registered with : Register of Join Stock Companies & Firms, Bangladesh

Authorised Capital : 1 00 00 000.00tk

Paid-up capital : 1 00 00 000.00tk

Board of Directors : Khandaker Zunayed Tamim & Zannatul Ferdous ( Sharmi)

Services : Security Guard Services

Cleaning Services
Pest Control Services
Interior Services
CCTV Security Services
Construction & Consultancy
Outsourcing Services
Wedding & Event Planning

Quick Links
  About Us
 Quality Assurance
 Our Work / Portfolio
 Our Valuable Clients
 Contact Us
 Security Services
 Cleaning Services
 Pest Control Services
 Interior Services
 CCTV Security Services
 Construction & Consultancy
 Outsourcing Services
 Wedding & Event Planning

Interior Design Services :: Standard &

Unique Interior Design Company in Dhaka
Bangladesh
Home / Interior Design Services

The Modern, Unique & Best Design of House & Office are in our blood. The second generation
has joined this family-run Interior Design business to help you find your dream house. We are
committed to make Practical of your dream what you dreamed with your space. Whether you are
looking for a design. To fulfill your needs you have come to the right place!" We the The White
Window Ltd. that primarily involved in the design of Residence & Commercial Space as
opposed to the management required to develop it. As Architectural designers we have good
creative knowledge, skills, imagination and artistic talent for reach your destination.

We believe that building relationship with our clients is our top priority. We are born out of
conviction that Excellency can only be built on sound consumer insight. We are dedicated to
providing the perfect solution for every need, whether in pure Architecture Consultancy, Interior
Design & Consultancy and Marketing Consultancy.

We are lucky. We are truly happy. We are green. We obey respect. Our smile surround others
window. We know the meaning of family. We have space to think freely. We are colorful. We
are resourceful. We can define the seasons. We do some commitments to provide solution needs.
We need perfection of urbanization to welcome new generation. We found there is still
opportunity

White Window Ltd. is a symbol of love, a symbol of revolution, a symbol of sacrifice. AV

believes to focus on culture, nature, people, space & time.
Our mission is to make the country polish, green and resourceful.

Our vision is to define time to proper use of natural resource and human resource by using latest
technology.

Now time come to revolution for proper balance of nature, technology and humanity.

Our perspective is unique. Our approach is refreshing. And our solutions provide a
comprehensive response to our client’s needs, not packaged data but custom solutions for clients.
We offer services with the integration of qualitative and quantitative tools. Our measures and
scales are created to maximize sensitivity. Our passion is to drive your business growth by
combining consumer understanding and brand knowledge with intuition and innovation.

We carry out market research for new concept, new design, new products, new techniques of
business, and new methods of development. In fact we try to replace the "new" word as
maximum as possible with "old” word.

Our Services:

 Lifestyle assessment
 Floor plans
 Design Development
 Finish and Fixture selections
 Bid coordination
 Furniture & Accessories

 Construction observation
 Installation of furniture, decor, art, and plants
 Comprehensive home interior design
 Office interior Design & Decoration
 Showroom interior Design & Decoration
 Landscaping

Strength:

 Strong management
 Highly skilled designers
 Skilled research & development team and
 An experienced market research and promotion team
Quality Assurance :: We believed in quality
full work
Home / Quality Assurance

The Exclusive Contract Services Management Team includes fully trained Environment, Health
& Safety and Quality Assurance Managers.

Our Total Quality Management (TQM) plan focuses on staff deployment and training and is
constantly updated as required via our QA Manager and member of the senior team.

This combined with constant supervision and cleaning inspections form the basis for a monthly
TQM report for every area of the contract. We tailor make reports to suit each client’s
requirements.

Our operational plan will provide details for the effective execution of the contract. In summary,
the areas which are covered include:

 Mobilisation
 Cleaning methodology
 Staff deployment strategy
 Emergency response plan
 Authority, co-ordination and reporting
 Contingency plans for shift staff shortfalls
 Staff courtesy requirements
 Communications
 Business Continuity
The plan also discusses feedback arising from staff deployment and our strategy for keeping staff
pro-active and efficient at all times.

We consistently monitor the market to ensure that we are aware of new developments and
technologies. Thus we are confident that our partnerships will deliver the very latest cutting edge
cleaning services available.

Exclusive Contract Services methods for monitoring and managing cleaning standards are
always of the highest order. We firmly believe that our cleaning methodology, with its proven
efficiency, will ensure we provide a first-class service.

Our approach to quality is wholly aligned to our ethos, approach and aim. In doing so, we
acknowledge that it is a constantly evolving process and one that we work on consistently in
order to achieve our expressed desires and those of our staff and clients.

A copy of our Quality Policy Statement is available as required along with all of our policy
statements.

Our Valuable Clients | We Love Our

Country, We Love Our People & We Love
Our Customers