Contribution of the RMG Sector to the Bangladesh Economy Debapriya Bhattacharya Mustafizur Rahman Ananya Raihan Centre for Policy Dialogue House No 40/C‚ Road No 11 (new)‚ Dhanmondi R/A‚ Dhaka-1209 Mailing Address: GPO Box 2129‚ Dhaka 1000‚ Bangladesh Tel: (880 2) 8124770‚ 9141703. 9141734; Fax: (880 2) 8130951 E-mail: cpd@bdonline.com; Website: www.cpd-bangladesh.org October‚ 2002 The Centre for Policy Dialogue (CPD)‚ established in 1993‚ is a civil society initiative to promote an
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I.INTRODUCTION 1.1 background A large body of facts associates’ financial sector development leads to boost the Ethiopian economic growth or vice versa‚ yet the channels through which inflation affects this relationship are not as much of systematically explored. The effect of inflation occurs through a wide variety of direct and indirect channels. Inflation increases transactions and information costs which directly inhibit economic development. For example‚ economic agents will find planning
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Impact of RMG sector in Bangladesh economy Since the late 1970s‚ the RMG industry started developing in Bangladesh primarily as an export-oriented industry although; the domestic market for RMG has been increasing fast due to increase in personal disposable income and change in life style. The sector rapidly attained high importance in terms of employment‚ foreign exchange earnings and its contribution to GDP. Table: 1 |Major Products Export From Bangladesh And Contribution| |to GDP
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operation through country wide network of 123 offices and technical centre’s in the country. In addition‚ NSIC has 48 training cum incubation centres & with a large professional manpower‚ NSIC provides a package of services as per the needs of MSME sectors. To manage operations in African countries‚ NSIC operates from its office in Johannesburg‚ South Africa. In stepping up its efforts to markets the products MSMEs‚ NSIC has set up a specialized marketing intelligence cell to collect and
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GEK2001/SSA2202 CHANGING LANDSCAPES OF SINGAPORE 2013/14 SEMESTER 2 TUTORIAL 3 Objectives: To further understanding of: a) The challenges‚ tensions and exclusions arising from the Singaporean state’s global city vision b) How landscapes may be used to analyse social cost and marginalization/exclusions in Singapore; (NB: Refer to lecture notes and compulsory readings for lectures on economic landscapes‚ geopolitical landscapes and landscapes of immigration in Singapore. You
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At a time agriculture was the main sector of the country’s economy and tea and jute were the main export items. Things have changed in the last 20-25 years and Bangladesh has switched to second gear from agricultural sector to manufacturing sector. Tea or jute is no more the main export- readymade garments (RMG) has replaced them. About 3.0 million people are directly related while another 20 million people are indirectly involved in the RMG sector. According to a World Trade Organisation (WTO) report
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Financing SMEs –Key Challenges and issues for Bankers Wickrama Narayana Chief Manager-SME Development People’s Bank The definition of Small & Medium scale Enterprises (SMEs) varies from country to country. The classification can be based on the firm’s assets‚ number of employees‚ or annual turnover along with the loan amount. Central Bank of Sri Lanka defines SMEs as enterprises with less than Rs. 600 million turnover per annum and with a maximum exposure of Rs. 200 million mainly to be classified
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Definition of SME: Existing definition of SME is recommended by Better Business Forum and accepted as a uniform one by Ministry of Industry and Bangladesh Bank. Criteria of the definition of SME are given below: Bangladesh Bank Definition of Small Enterprise: Small Enterprise refers to the firm/business which is not a public limited company and complies The following criteria: Serial No. Sector Fixed Asset other than Land and Building (Tk.) Employed Manpower (not above) 01. Service 50
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SME finance is the funding of small and medium sized enterprises‚ and represents a major function of the general business finance market – in which capital for different types of firms are supplied‚ acquired‚ and costed or priced. Capital is supplied through the business finance market in the form of bank loans and overdrafts; leasing and hire-purchase arrangements; equity/corporate bond issues; venture capital or private equity; and asset-based finance such as factoring and invoice discounting.
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War forces people to think and act in ways that are often thought to be inhumane. Long lasting effects emotionally and physically are a sad reality for veterans and their family. Post traumatic stress disorder (PTSD) is one of the disabilities many veterans suffer from. According to the U.S. Department of Veterans Affairs‚ PTSD may breakdown families and close relationships due to the fact they may no longer feel emotions(----). The sniper portrays situations where the I.R.A. sniper has to put
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