Bangladesh Garment Industry: Challenges of the 21st century Introduction Readymade Garment (RMG) Industry occupies a dominant position in the export-manufacturing sector of Bangladesh. The advent of the RMG sector happened during the early 80s in Bangladesh. Since then‚ due to supportive policies of the Government of Bangladesh (GoB)‚ this industry has experienced a significant growth. In 1988‚ the export-oriented RMG sector overtook the traditionally dominant jute sector in terms of gross export accruals
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Bibliography 1. Mohomad Shaaf‚ S. Ali Ahmadi‚ "An Artificial Intelligent Approach to the Tole of Export in the Economic Development of Malaysia ’‚ Journal of Applied Economics‚ Vol 27‚ No 4‚ December 1999 2. Balassa B.‚ "Exports and Economic Growth: Further Evidence"‚ Journal of Development Economics‚ 5‚ 1978 3. Chong Chee Keong‚ Zulkornain Yusop & Veneu Khem-Sen Liew‚ "Export-led Growth Hypothesis in Malaysia: Application of Two-Stage Least Square Technique‚" departments of Economics‚ Faculty
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Re-export business in the UAE Re-exportation is one of the most important businesses in the UAE. It is the second source of income after the petroleum. There are many causes of the development of the re-export business in the UAE. The main reason for development is the strategic location of the country which is almost in the center of the earth. This strategic location gave an opportunity for the UAE government to make the country a link between the Asian countries and the European countries
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4.3 199 Export Promotion Export Market Entry Options 4.3 Export Market Entry Options Name of the Tool: Export Market Entry Options Source: GIZ Usage: This tool can be used for two different purposes: 1. As an analytical framework for the formulation of the market entry strategy of a national export promotion strategy 2. As a conceptual basis for supporting SMEs in choosing an appropriate market entry option for exporting (export promotion on the operational level)
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1.0 Introduction The garment industry of Bangladesh has been the key export division and a main source of foreign exchange for the last 30 years. At present‚ the country generates about $10 billion worth of products each year by exporting garment. The industry provides employment to about 3 million workers of whom 90% are women. It has been a major source of employment for rural migrant women in a country that has increasingly limited rural livelihood options‚ and where women migrants have been
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ASSIGNMENT PROGRAM SEMESTER Certificate in Export Import Management IV SUBJECT CODE & NAME CREDIT&MARKS CERTIFICATE IN EXPORT IMPORT MANAGEMENTIB SPECIALIZATION 60 Note: Assignment (60 marks) must be written within 6-8 pages. Answer all questions. Kindly note that answers for 10 marks questions should be approximately 400 words. Each question is followed by evaluation scheme. Marks Total Marks Q.No Questions 1 What is containerisation? Describe the advantages and disadvantages of containerization
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STEPS INVOLVED IN EXPORT TRANSACTION Step 1 Exporter need to apply to the Director General of Foreign Trade (DGFT) regional office for getting Importer-Exporter Code (IEC) Number. Step 2 The exporter has to register with the concerned export promotion council in order to obtain various permissible benefits given by the government. Step 3 He has to obtain a purchase order from importer. Step 4 With export order in hand‚ the exporter starts manufacturing goods or buying them
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of the garment employees of Bangladesh. In Bangladesh there are nearly 3‚760 (BGMEA brushier‚ 2003‚ Pg-14) small and medium scales privately owned garment factories are registered with Bangladesh Garment Manufacturers and Exporters Association (BGMEA)‚ spread in cluster over the EPZ and urban areas of Dhaka‚ Narayanganj‚ Chittagong and Khulna. Most of them are export oriented. They make fabrics and readymade garments to export in the international market. But the quality of the garment worker’s
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between free trade and protection  Globalisation seeing removal of barriers  Eg. Quotas‚ tariffs‚ subsidies statistics  Exports of wine have increased from 3% of sales to 52% of sales in 2002. this equals $2.3 billion dollars or 414 million litres  US greatest source of export growth  Australia’s export policy has led to major reforms in the Australian wine industry  Rationalisation of wine production’ leading to overall efficiency giving them
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tightly controlled? • Trust is rare and Court is far away and unpredictable 2. What are the common methods of payment in international trade? • Open account • - Open account with no security • - Open account with secured by export credit insurance • - Open account with secured by payment guarantee • Bills for collection • Letter of credit (Document credit) • Advance payment 3. What are methods of payment in small purchases? • Cash on delivery
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