Chapter III Commercial Law I. General Definitions a. Commercial Law→ It designates the whole body of laws & regulations applicable to relations between persons engaged in commerce‚ business or commercial professions. b. Commerce→ The word “Commerce” means the exchange of goods‚ products or property of any kind. It includes: sale‚ purchase‚ exchange of merchandises. c. Internal and International Commerce→ Internal: it is the commerce carried on between individuals or corporations within the same
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Bangladesh has a primarily agrarian economy. Agriculture is the single largest producing sector of the economy since it comprises about 18.6% (data released on November‚ 2010) of the country’s GDP and employs around 45% of the total labor force.[1] The performance of this sector has an overwhelming impact on major macroeconomic objectives like employment generation‚ poverty alleviation‚ human resources development and food security. A plurality of Bangladeshis earn their living from agriculture.
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1. Trade Dependency: Bangladesh is dependent on many countries of the world for a lot of commodities and this dependency arises out of the local incapacity to produce these goods. Some of the areas in which Bangladesh is dependent are food items‚ petroleum‚ capital goods‚ mineral products‚ different kind of chemicals‚ raw materials for the textile industry and the pharmaceutical industry‚ plastic products etc. 1.1 Food Dependency In the year 2003-2004 the total amount of food imports amounted
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BANGLADESH INTRODUCTION by Abdul Wahab Akonda Area: 144‚054 sq.km. Population: 104‚000‚000 (1987). Bangladesh lies between latitudes 20°34 ’N and 26°38 ’N and longitudes 88°0l ’E and 92°41 ’E. It is bounded by India in the west and north‚ by India and Burma in the east‚ and by the Bay of Bengal in the south. Zoogeographically‚ Bangladesh is an interesting country lying at the junction of the Indian and Malayan sub-regions of the Indomalayan Realm. The country has a very long history of human settlement
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condition of non-performing loan in Bangladesh. The non-performing loan increases the risk for the banks as well as lowers the profitability of the banks. The non-performing loan was a major concern for the banks for the last few years‚ and the lowering the non-performing loan ratio was a challenging mater for the banks. In this report we have tried to find out some of the major reasons that are responsible for incurring the non-performing loan in Bangladesh. Major reasons are discussed in this
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ORGANIZATION PART Advanced Chemical Industries Limited 2.1 INTRODUCTION Advanced Chemical Industries (ACI) Limited is one of the leading and largest local conglomerates in Bangladesh. ACI consists of different business groups namely: Pharmaceuticals‚ Consumer brands‚ Agri-Business. ACI is the first company in Bangladesh to earn both the ISO9001 certification of Quality Management System in 1995 and the ISO14001 Certification for Environment Management System in 2000. ACI is a public limited
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National Bank Limited‚ Foreign Exchange Branch. This research report is aimed at providing a comprehensive picture to the areas of Foreign Exchange operation of National Bank Limited. The report has been divided into twelve parts. These are- Introduction‚ Brief History of Banking Sector of Bangladesh‚ Corporate review of NBL‚ Foreign Exchange‚ Documents Used in Foreign Exchange Business‚ Letter of Credit (L/C)‚ Import‚ Export‚ Foreign Remittance‚ Findings and Analysis‚ References. National Bank Limited
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EXECUTIVE SUMMARY Forecast of governmental expenditures and revenues for the ensuing fiscal year. In modern industrial economies‚ the budget is the key instrument for the execution of government economic policies. Because government budgets may promote or retard economic growth in certain areas of the economy and because views about priorities in government spending differ widely‚ government budgets are the focus of competing political interests. The budget has been announced with eight major objectives
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Abstract: Without a sound financial system it is quite difficult and expensive to allocate resource and shift risks to its lowest level (low economic development). Financial system plays an important role in the economic development and it is divided into financial markets and institutions. The role of the financial system is to gather or pool money from people and businesses that have more than they need currently and transmit those funds to those who can use them for either consumption or investment
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Digital Bangladesh “Digital Bangladesh” and “Vision 2021” are catch phrases in Bangladesh these days. The buzzwords are no longer confined to the lexicon of information and communication technology (ICT) enthusiasts‚ but have entered the vocabulary of the educated section of the population. In its election manifesto leading up to the Ninth Parliamentary Elections in 2008‚ the Awami League (AL) coalition envisioned a Digital Bangladesh by 2021. The alliance led by the Bangladesh Nationalist Party
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