pessimistic view about the developmental prospect of Bangladesh. Many thought that the country would remain permanently locked in a ‘below poverty level equilibrium trap’. Although there is little room for complacency Bangladesh has come a long way from there. About two-fifths of the economy is now connected with the global economy through exports‚ imports‚ factor and commodity markets; the degree of openness of the economy currently stands at 40%. Bangladesh can now rightfully claim that she has graduated
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……………………………………………... 12 4.4.4. Earnings per Share (EPS) ……………………………………………. 13 5. Conclusion …………………………………………………………………………... 14 Reference ……………………………………………………………………………. 15 Executive Summary This report is made on RAK Ceramics Bangladesh Ltd. In this report the financial statement of RAK Ceramics is analyzed for six year (2007-2012). The analysis is actually ratio analysis. The whole analysis is firstly divided into four parts- Liquidity ratio‚ Asset management ratio‚ Debt management
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ETHICS: AN ANALYTICAL LOOK INTO THE GARMENTS INDUSTRY OF BANGLADESH 1. Introduction 1.1 Background The growth of ready-made garment (hereafter referred as RMG) industry is one of the most significant socio-economic developments in contemporary Bangladesh. The country emerged as a garments exporter in 1977 when the first consignment was exported to the then West Germany by Jewel Garments. Since then the RMG industry in Bangladesh has grown phenomenally. In the 1980s‚ there were only
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MACROECONOMIC ANALYSIS The Ready-Made Garments (RMG) industry contributes to the Bangladesh economy in a distinctive manner. The last 20 years witnessed unparalleled growth in this sector‚ which is also the largest exporting industry in Bangladesh. It has attained a high profile in terms of foreign exchange earnings‚ exports‚ industrialization and contribution to GDP within a short span of time. The industry plays a significant role in terms of employment generation. Nearly two million workers
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We traveled Cox’s Bazar two times on the year of 2008 and 2010.We went there by bus and stayed for a few days in the rest house of Bangladesh Power Development Board. We visited Teknaf‚ Saint Martin (it’s a rock beach)‚Himchori‚ Mohesh Khali Island‚ Enani beach‚ Dulahazra Safari Park etc. We went Chera Dip (Island) too by trawler from Saint Martin. It’s a coral beach. The corals can change their colors. There are lots of tiny blue fishes. The size of the chera dip is 1 to 1.5 square kilo metres.
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Introduction: The readymade garment (RMG) sector has been playing an important role in the overall economic development of Bangladesh. For a long time developing countries have strived for a development paradigm that would achieve high economic growth leading to employment generation and poverty alleviation. The RMG industry of Bangladesh started its modest journey in late 1970s and within three decades‚ it has been a flourishing sector. In the 1950s‚ developing economies like Hong Kong‚ Taiwan
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Problems Regarding With RMG The garment industry of Bangladesh has been the key export division and a main source of foreign exchange for the last 25 years. National labor laws do not apply in the EPZs‚ leaving BEPZA in full control over work conditions‚ wages and benefits. Garment factories in Bangladesh provide employment to 40 percent of industrial workers. But without the proper laws the worker are demanding their various wants and as a result conflict is began with the industry. Low working
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Compliances Issues of RMG in Bangladesh Main uddin ID 51 Department of International Business Introduction The buyers of readymade garments (RMG) products from Bangladesh have been more and more insisting on the observation of various standards in the RMG industries. In fact‚ these have become like non tariff barriers in the way of export of RMG products. Law makers‚ environmental and different civic groups in the importing countries have been making demands
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INTRODUCTION Bangladesh has a population around 160 million (July 2008 est.). About 45% of them are still living below the poverty line. Bangladesh’s Human development index (HDI) is 139 (out of 177)‚ ranking as the lowest in the Asian country list. GDP per capita (PPP US$) is 1‚770‚ which make the countries HDI rank almost the same as the GDP rank. In Bangladesh Garment exports began in the late 1970s. But the scale was for a number of years modest up until the government’s 1982 New Industrial
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Assignment of RMG sectors Pest analysis of Bangladesh Submitted to Course Coordinator Business and Environment (BUS 503) Brac Business School Brac university Submitted By ID Submission Date : 06- 12-13 The Ready-Made Garments (RMG) industry contributes to the Bangladesh economy in a distinctive manner. The last 20 years witnessed unparalleled growth in this sector‚ which is also the largest exporting industry in Bangladesh. It has attained
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