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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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‚ Bangladesh ranked fourth in global apparel exports in 2007. In that same year the
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A study on strategies practices in RMG industry in Bangladesh Presented By Muhammad Zahid Hasan ID: 1404053 Ev.MBA-4 Introduction The industrial sector is dominated by RMG industry in Bangladesh‚ an export oriented industry‚ and it is well-known as goose that lays the golden eggs for over thirty years. This RMG industrial sector now-a-days dominates the modern economy in export earnings and employment generation. The RMG sector‘s contributions to the country‘s export earnings are around 77%. Objectives
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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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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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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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Since‚ garments manufacturing companies contributing largely in Bangladesh economy. This sector producing various kinds of garments products & exporting to many countries in the world. That means not only garments sector contributing largely in Bangladesh’s economy but also it contributing in the world trade market. It has a great opportunity to more enhance its business. There are some reasons for growing more this segment: 1. Cheap labor cost. 2. Free from hardly government regulation
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The ready-made garment (RMG) industry of Bangladesh started in the late 1970s and became a prominent player in the economy within a short period of time. The industry has contributed to export earnings‚ foreign exchange earnings‚ employment creation‚ poverty alleviation and the empowerment of women. The export-quota system and the availability of cheap labor are the two main reasons behind the success of the industry. In the 1980s‚ the RMG industry of Bangladesh was concentrated mainly in manufacturing
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Labor Unrest in Bangladesh RMG Sector: Does Active Labor Union Reduce the Risk of Labor Unrest in RMG Sector? A Dissertation by Urmi Tamanna ID-07272026 MAGD Batch-2 Submitted to Institute of Governance Studies BRAC University Dhaka In Partial Fulfillment of the Requirement for the Degree of Master of Arts in Governance and Development (MAGD) Institute of Governance Studies BRAC University‚ Dhaka‚ Bangladesh November 2010 Declaration I hereby declare that I am the sole
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