employment and productivity‚ hence our standard of living‚ would be much lower. Therefore‚ it is absolutely essential that our financial market functions efficiently‚ not only quickly‚ but also at a minimal cost. The financial system in Bangladesh includes Bangladesh Bank (the Central Bank)‚ scheduled banks‚ non-bank financial institutions‚ microfinance institutions (MFIs)‚ insurance companies‚ co-operative banks‚ credit rating agencies and stock exchange. Among scheduled banks there are 4 nationalized
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Overview of Financial system of Bangladesh The financial system of Bangladesh is comprised of three broad fragmented sectors: 1. Formal Sector‚ 2. Semi-Formal Sector‚ 3. Informal Sector. The sectors have been categorized in accordance with their degree of regulation. The formal sector includes all regulated institutions like Banks‚ Non-Bank Financial Institutions (FIs)‚ Insurance Companies‚ Capital Market Intermediaries like Brokerage Houses‚ Merchant Banks etc.; Micro Finance Institutions
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The supervisory authority creates smooth and efficient atmosphere for fund flow and payment system. Supervisory authority measures the performance and assess the strength and weakness of banks and takes necessary actions. The banking sector of Bangladesh compared to its
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Multinational Companies in Bangladesh Bangladesh Is a developing country of Asia. There are many multinational companies doing business based on peoples’ choice and demand in Bangladesh. Some of the most important multinational companies are as follows. 1.Nestle Bangladesh: Nestle is the world’s leading nutrition‚ health and wellness company founded in 1866 * Its head office located in Geneva‚ Switzerland. * Nestle started official production activities in Bangladesh in 1994 * It has a
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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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information about gift tax in Bangladesh. To complete this report‚ we have gained practical knowledge about various type of Tax System. We also learned the difference sources of taxes and how successful NBR is to collect these taxes. We also got a clear view about the trend of giving gift tax by Bangladeshi people. The rules and regulations are elaborately discussed in this report Objective of the Study We can gain knowledge about the tax system of Bangladesh by studying this topic. As following
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Natural gas and oil There are 22 discovered gas fields in Bangladesh of various sizes. The total reserve of 20 gas fields is about 26 Tcf (trillion cubic feet). Gas in most of the fields is dry‚ in a few fields it is wet. For example at Beanibazar (16 bbl/mmcfg)‚ Jalalabad (15 bbl/mmcfg)‚ and Kailashtila (13 bbl/mmcfg). Currently‚ natural gas accounts for more than 70% of the total commercial energy consumption and the major part of the future energy demand would be met from it. Power sector ranks
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Sample Job Description – Network Administrator GENERAL DESCRIPTION: The Network Administrator performs technical work installing‚ operating and providing second level support for local and wide area networks‚ personal computers‚ and the PBX (optional‚ only if the telephone system is to be included.) Work is performed under the general direction of the Chief Information Officer (CIO) or Health Information Technology Manager. ESSENTIAL JOB DUTIES: Manages all network servers
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"God is a Mathematician"‚ so said Sir James Jeans1. In a series of popular and influential books‚ written in the 1930s‚ the British astronomer and physicist suggested that the universe arises out of pure thought that is couched in the language of abstract mathematics. But why should God think only in mathematics? After all‚ some of most impressive achievements of the human race have involved architecture‚ poetry‚ drama and art. Could the essence of the universe not equally be captured in a symphony
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Sector briefing Pharmaceutical Opportunities in Bangladesh. WHY BANGLADESH? Pharmaceutical is one of the highest priority sectors in Bangladesh. With an annual twodigit growth rate the Bangladesh pharmaceutical industry is now heading towards self – sufficiency in meeting local demand. With over US$250 million investments in the pharmaceutical industry of Bangladesh the sector has emerged as the country’s most developed hi-tech one that contributes significantly to the national economy
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