Bangladesh has made remarkable progress in macroeconomic management. Acceleration of economic growth‚ gradual decline of budget deficit‚ high rate of export and import growth‚ steady rise of foreign currency reserve at a satisfactory level are some of the major achievements that Bangladesh attained during the past few years until FY2007-2008. Success in achieving these significant milestones is largely attributable to a set of policies and reforms implemented in order to attain macroeconomic stability
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Biennial Convention‚ October 12th‚ 2002‚ Washington DC‚ USA Review of the Tax System in Bangladesh A Prerequisite for Industrial Growth T. A. M. Nurul Basher* E-mail: nurul-basher@betelco.com Abstract - This paper has been written to highlight the sustainable industrial growth problems being faced by the entrepreneurs in Bangladesh. There are multifarious problems for Industrial growth in Bangladesh but the major bottleneck is the adverse tax system. There exists no consideration for industrial
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faithfulness associate Pakistan and Bangladesh to each other. The people of the two countries shared a ‘common nationhood’ for almost twenty-five years and even after separation it has not been easy to sever the links rooted deep in their history. However‚ Pakistan-Bangladesh relations had a bad start primarily because of two reasons. First‚ Bangladesh was born out of a bloody conflict with a military regime ruling the country from Islamabad. Secondly‚ Bangladesh gained freedom with help from India
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This assignment deals with economic trend of Bangladesh based on last few years. I am going to analyze some macroeconomic factors to find the economic trend of Bangladesh which is based on Monthly Economic Trend‚ May 2013‚ Bangladesh Bank. Bank Interest Rate from 2008-2009 periods to 2012-2013 periods is constant that is 5%. From IB table we notice that from 2008-2009 periods to 2012-2013 periods Inflation Rate is increasing rapidly. In this period 2011-2012 periods hold the highest amount of inflation
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Banking Sector in Bangladesh Introduction The Jews in Jerusalem introduced a kind of banking in the form of money lending before the birth of Christ. The word ’bank’ was probably derived from the word ’bench’ as during ancient time Jews used to do money -lending business sitting on long benches. First modern banking was introduced in 1668 in Stockholm as ’Svingss Pis Bank’ which opened up a new era of banking activities throughout the European Mainland. In the South Asian region‚ early banking
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The Problem(s). Does the South Delaware Coors distributorship offer sufficient investment potential given Mr. Brownlow’s current business and personal situation? Recommendation(s). Given Mr. Brownlow’s current business and personal situation operating the South Delaware Coors‚ Inc. distribution does offer sufficient investment potential. The following explanation is presented to evaluate the decision factors in the case. Profit Potential. From the studies conducted by Manson and Associates the
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The Bangladesh Meteorological Department adopted a seismic zoning map in 1972. In 1977‚ the Government of Bangladesh constituted a Committee of Experts to examine the seismic problem and make appropriate recommendations. The Committee proposed a zoning map of Bangladesh in the same year. According to Bangladesh National Building Code (BNBC‚ 1993)‚ Bangladesh is divided into 3 earthquake zones (Figure- 6): Zone –1: the less risky zone. The Zone-1 comprising the southwestern part of Bangladesh (Jessore
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Economics Program at the University of Chittagong‚ observed that banks did not extend their credit schemes to the rural poor as they were not considered creditworthy. In this situation‚ the rural poor were forced to approach moneylenders who charged exorbitant rates of interest. In 1976‚ Yunus launched The Grameen Bank Project‚ on an experimental basis to study the framework of banking services for the rural poor. The objectives of the Grameen Bank Project were: •Providing banking services to the rural
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INTRODUCTION Bangladesh is a small tea producing country sharing 2% of the world’s Tea production. Tea is an agro based‚ lab our intensive and export oriented sector and plays an important role in the national economy through export earnings‚ trade balancing and employment generation. Our Tea industry dates back to 1857 when the first tea garden was established at Malnicherra in Sylhet District. Today we have 163 Tea Gardens with a grant area of 1‚15‚757.41 hal of which 52‚317.21 hal or 45% is under
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Canon cuts profit forecast on first annual drop in high-end camera sales 24 October 2013 Link: http://news.yahoo.com/canon-cuts-profit-outlook-camera-slump-drags-062539163--finance.html TOKYO (Reuters) - Japan ’s Canon Corp cut its operating profit outlook for the second quarter in a row‚ below analysts ’ estimates‚ warning that sales of its signature high-end cameras will fall this year for the first time since their launch in 2003. The world ’s largest camera maker said it now sees global
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