INTRODUCTION The business of foreign exchange is getting increasingly complex and intensely competitive. However‚ in the backdrop of phenomenal growth of Bangladesh’s external sector‚ foreign exchange business provides a challenge as well as an excellent opportunity to accelerate the growth of bank’s own business This research paper is done on the foreign exchange department of Prime Bank ltd. It tries to capture nearly the entire range of activities typically performed in the foreign exchange department
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BANK OF JAPAN’S MEETING IN MARCH 2006: AN END TO THE QUANTITATIVE EASING POLICY? Japan underwent a decade-long odyssey with deflation and the zero-bound problem. Economic activity in Japan slowed precipitously following the collapse of the socalled bubble economy in December 1989‚ and Japan began to experience deflation by early 1995. During this initial period‚ while the economy was slowing‚ forecasters and policymakers consistently underestimated the extent of Japan’s economic malaise. Consequently
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miscommunication : language as a barrier‚ cultural diversity and ethnocentrism. I will analyze these three notions in situations in which intercultural communication is frequent such as : the workplace‚ the classroom and vacation trips. The way people communicate varies widely between‚ and even within‚ cultures. One aspect of communication style is language usage. Language has always been perceived as a link between people but it can also constitute a barrier. Across cultures‚ some words
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FOREIGN DIRECT INVESTMENT Foreign direct investment (FDI) is a direct investment into production or business in a country by an individual or company in another country‚ either by buying a company in the target country or by expanding operations of an existing business in that country. Foreign direct investment is in contrast to portfolio investment which is a passive investment in the securities of another country such as stocks and bonds. Types 1. Horizontal FDI arises when a firm duplicates
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Entry Barriers in Global Marketing An understanding of the entry barriers to internationalization and their effect on entry mode selection is important because they can assist in determining why global marketers are unable to exploit their full potential and why many firms fail or incur financial losses in their international activities. The height and nature of market entry barriers directly influence the entry mode chosen by a company. Entry barriers increase the cost of entry and constraint
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Foreign trade financing is an integral part of banking business. Documentary Credit (also called letters of credit or “L/Cs”) is the key player in the foreign exchange business. With the globalization of economies international trade has become quite competitive. Timely payment for exports and quicker delivery of goods is‚ therefore‚ a pre-requisite for successful international trade operations. Growing complexity of international trade‚ separation of commercial parties across the globe and operating
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married. This is because certain days are considered to be the most auspicious in their almanac. In a Japanese shrine they may be up to forty couples at the Shinto shrine. A Shinto wedding ceremony is always performed before a Shinto sanctuary. In Japan many hotels and restaurants are equipped with rooms to perform wedding ceremonies. Of course members of both families‚ their close relatives‚ and the in betweens attend a wedding. The ceremony "San-san-kuto" which is a ceremony of three-times-three
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ITINERARY TO JAPAN 6 Days Saturday‚ April 13 04.35-Meet at Suvarnabhumi Airport 05.00-Check-in at Row H-J Thai Airways International 07.35-Depart from Bangkok to Narita Airport by TG676 15.45-Arrive at Narita Airport Tokyo [Japan time] 16.00-Immigration Process 16.45-Transport from Narita airport to the city by either Skyliner or Narita Express 17.30-Check in at the Hotel 18.00-Dinner time Sunday‚ April 14 07.00-Leave the hotel for Asakusa area 07.30-Have Breakfast
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and even environment. This movement has been driven primarily by numerous TNCs‚ trade liberalization‚ and the deregulation of the financial system‚ and numerous strategies adopted by the Government and Economy‚ resulting in the creation of a ’new’ Japan. ECONOMIC GROWTH AND DEVELOPMENT The Japanese economy‚ the 2nd largest in the world‚ accounts for 7.1% Global World GDP‚ at US$4.6 triliion and a per capita income of approximately US$33‚550 (World Bank 2006). As a result of globalisation‚ literacy
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of the land and the regulations of my department. Whatever I see or hear of a confidential nature or that is confided to me in my official capacity will be kept ever secret unless revelation is necessary in the performance of duty. I will never act officiously or permit personal feelings‚ prejudice‚ animosities‚ or friendships to influence my decisions. With no compromise for crime and with relentless prosecution of criminals‚ I will enforce the law courteously and appropriately without fear or
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