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Protection of small businesses will be top priority now Says new FBCCI president Star Business Report Star Business Report The Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) would give highest priority to the protection of the cottage, micro, small and medium enterprises (CMSMEs), as they are the worst hit by the ongoing pandemic. Md Jashim Uddin, the newly elected president of the apex trade body, made the comment at his introductory meeting with journalists at the federation office in Dhaka yesterday. He took over charge of the FBCCI for the 2021-23 tenure on Wednesday. Although the government has allocated Tk 23,000 crore to save the CMSMEs across the country, a majority of them are yet to receive the loan from the stimulus fund because of banks reluctance, unbanked entrepreneurs and stringent conditions attached to the loans, he said.

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