Presentation on Foreign Direct Investment (FDI) in BangladeshTawhid Rahman
Foreign Direct Investment (FDI) plays an important role in the economy of Bangladesh to accelerate GDP, export and domestic investment followed by overall economic growth. Despite global declining trend, in 2016 FDI inflows has increased in Bangladesh, particularly in energy, stockmarket and telecommunication sector.
FDI is a vital issue for Bangladesh to carry out effective measures in protecting the prospective foreign investors so that they can get a congenial atmosphere to invest their capital. Investor should feel that their role in the business arena of Bangladesh is respectfully valued. In this connection, friendly regulations, simplifying regulatory practices, investment incentives and removal of inefficient bureaucratic procedures should be ensured.
In this presentation you can get an overview of Bangladesh market scenario, political, legal, social, cultural, business etiquette, Sino-Bangla relationship, risk and remedy, and few other important authority links.
我有这个演示文稿的中文版本,如果你需要的话,请发邮件到tawhid1983@gmail.com
The Export-Import Policy of Bangladesh made by shahed shams shetuShahed Shams
International trade is the exchange of goods and services across national boundaries. It is the most traditional form of international business activity and has played a major role in shaping world history and has also been shaped by world history
The Review of Industrial Policies in Bangladesh from 1971 - 2014Hasanul Banna
The Review of Industrial Policies in Bangladesh from 1971 - 2014.
The Main Points of this assignment is
The Review of Industrial Policies in Bangladesh from 1971 - 2014.
The Review of Industrial Policies in Bangladesh from 1971 - 2
Industrialization is an essential pre -requisite for rapid and sustained economic development and social progress.
Modernization and structural transformation of the economy and diversification of the economic base and standard of living of the people are the universally recognized dynamic benefits arising from industrial development.
Industrialization is thus pursued as an overriding development objective in its own right.
In the past, efforts towards industrialization in Bangladesh were made under changing economic paradigm and political economy regimes. Since independence in 1971, a total of ten industrial policies have been formulated and adopted for industrial development of Bangladesh.
Concept of Industrial Policy.
The policy contents of industrial policy are now getting wider and wider. While the traditional role of industrial policy.
to influence the allocation of resources to industry, i.e., policies that affect the infrastructure of industry in general, such as the provision of industrial sites, roads, ports, and electric power,
to regulate the internal organization of particular industries, such as industrial restructuring, consolidation of firms, and output restrictions, and
To influence the growth of small and medium scale enterprises (SMEs), etc. remains as before, industrial policies are now directed at achieving on-economic goals.
Main Theme of Industrial Policy In Bangladesh
It has been 43 years since Bangladesh’s independent. Since then the country has formulated ten industrial policies.
The country till now has gone through 10 policies:
Importance of Industrial Policies in Bangladesh
The key to poverty alleviation lies in the generation of productive employment through rapid economic growth and structural transformation of the economy away from agriculture and toward industry.
While the slow growth of the manufacturing sector may be attributed to factors like energy shortage, reduced availability of bank credit, poor inflow of foreign direct investment (FDI) labor unrest, and poor law and order conditions no less responsible are the inconsistent policies.
The market failure approach makes public policy to focus basically on supplying lacking inputs: physical capital, skills, technology, etc. While this is an important policy area, developing countries also tend to suffer from a lack of demand for such inputs.
Market failures are not always easy to locate except in the most obvious situations (namely, education, infrastructure, etc.) and, when they can be located, their seriousness may not be apparent.
There is what amounts to a “private sector failure”, when a firm’s goal
Presentation on Foreign Direct Investment (FDI) in BangladeshTawhid Rahman
Foreign Direct Investment (FDI) plays an important role in the economy of Bangladesh to accelerate GDP, export and domestic investment followed by overall economic growth. Despite global declining trend, in 2016 FDI inflows has increased in Bangladesh, particularly in energy, stockmarket and telecommunication sector.
FDI is a vital issue for Bangladesh to carry out effective measures in protecting the prospective foreign investors so that they can get a congenial atmosphere to invest their capital. Investor should feel that their role in the business arena of Bangladesh is respectfully valued. In this connection, friendly regulations, simplifying regulatory practices, investment incentives and removal of inefficient bureaucratic procedures should be ensured.
In this presentation you can get an overview of Bangladesh market scenario, political, legal, social, cultural, business etiquette, Sino-Bangla relationship, risk and remedy, and few other important authority links.
我有这个演示文稿的中文版本,如果你需要的话,请发邮件到tawhid1983@gmail.com
The Export-Import Policy of Bangladesh made by shahed shams shetuShahed Shams
International trade is the exchange of goods and services across national boundaries. It is the most traditional form of international business activity and has played a major role in shaping world history and has also been shaped by world history
The Review of Industrial Policies in Bangladesh from 1971 - 2014Hasanul Banna
The Review of Industrial Policies in Bangladesh from 1971 - 2014.
The Main Points of this assignment is
The Review of Industrial Policies in Bangladesh from 1971 - 2014.
The Review of Industrial Policies in Bangladesh from 1971 - 2
Industrialization is an essential pre -requisite for rapid and sustained economic development and social progress.
Modernization and structural transformation of the economy and diversification of the economic base and standard of living of the people are the universally recognized dynamic benefits arising from industrial development.
Industrialization is thus pursued as an overriding development objective in its own right.
In the past, efforts towards industrialization in Bangladesh were made under changing economic paradigm and political economy regimes. Since independence in 1971, a total of ten industrial policies have been formulated and adopted for industrial development of Bangladesh.
Concept of Industrial Policy.
The policy contents of industrial policy are now getting wider and wider. While the traditional role of industrial policy.
to influence the allocation of resources to industry, i.e., policies that affect the infrastructure of industry in general, such as the provision of industrial sites, roads, ports, and electric power,
to regulate the internal organization of particular industries, such as industrial restructuring, consolidation of firms, and output restrictions, and
To influence the growth of small and medium scale enterprises (SMEs), etc. remains as before, industrial policies are now directed at achieving on-economic goals.
Main Theme of Industrial Policy In Bangladesh
It has been 43 years since Bangladesh’s independent. Since then the country has formulated ten industrial policies.
The country till now has gone through 10 policies:
Importance of Industrial Policies in Bangladesh
The key to poverty alleviation lies in the generation of productive employment through rapid economic growth and structural transformation of the economy away from agriculture and toward industry.
While the slow growth of the manufacturing sector may be attributed to factors like energy shortage, reduced availability of bank credit, poor inflow of foreign direct investment (FDI) labor unrest, and poor law and order conditions no less responsible are the inconsistent policies.
The market failure approach makes public policy to focus basically on supplying lacking inputs: physical capital, skills, technology, etc. While this is an important policy area, developing countries also tend to suffer from a lack of demand for such inputs.
Market failures are not always easy to locate except in the most obvious situations (namely, education, infrastructure, etc.) and, when they can be located, their seriousness may not be apparent.
There is what amounts to a “private sector failure”, when a firm’s goal
Entrepreneurship and economic development are intimately related. So, that entrepreneurial process is a major factor in economic development and the entrepreneur is the key to economic growth. Whatever be the form of economic and political set-up of the country, entrepreneurship is indispensable for economic development. Entrepreneurship is an approach to management that can be applied in start-up situations as well as within more established businesses.
In this presentation, we will discuss International Marketing Environment, the important factors that affect the environment, various trade barriers protecting domestic industries from foreign competitions and types of commodity agreement. Also state trading, role of GATT and other international trading aspects will be discussed in details.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit: http://www.welingkaronline.org/distance-learning/online-mba.html
An Analysis of SAFTA in the Context of BangladeshMd. Joynal Abdin
An Analysis of SAFTA in the Context of Bangladesh. In this Working Paper (No. 6 of the Bangladesh Development Research Working Paper Series), Md. Joynal Abdin focuses on a review of the progress made with SAFTA, what Bangladesh’s prospects are in SAFTA, and how SAFTA can be made more active. It provides the historical background about the various initiatives within South Asia, reviews the actual trade data, and reviews the main trade restrictions within SAFTA. It also provides a set of recommendations based on this analysis.
Concepts of globalization and international business
Factors affecting globalization;
Reasons for international business expansion;
Drivers of market globalization;
Domestic vs international business;
Modes of International Business;
Entrepot.
Internationalization of Services (KIBS)Mikko Rindell
Internationalization of services.
Appropriate non-equity modes of internationalization for small KIBS firms.
Bachelor's thesis at Turku School of Economics.
Entrepreneurship and economic development are intimately related. So, that entrepreneurial process is a major factor in economic development and the entrepreneur is the key to economic growth. Whatever be the form of economic and political set-up of the country, entrepreneurship is indispensable for economic development. Entrepreneurship is an approach to management that can be applied in start-up situations as well as within more established businesses.
In this presentation, we will discuss International Marketing Environment, the important factors that affect the environment, various trade barriers protecting domestic industries from foreign competitions and types of commodity agreement. Also state trading, role of GATT and other international trading aspects will be discussed in details.
To know more about Welingkar School’s Distance Learning Program and courses offered, visit: http://www.welingkaronline.org/distance-learning/online-mba.html
An Analysis of SAFTA in the Context of BangladeshMd. Joynal Abdin
An Analysis of SAFTA in the Context of Bangladesh. In this Working Paper (No. 6 of the Bangladesh Development Research Working Paper Series), Md. Joynal Abdin focuses on a review of the progress made with SAFTA, what Bangladesh’s prospects are in SAFTA, and how SAFTA can be made more active. It provides the historical background about the various initiatives within South Asia, reviews the actual trade data, and reviews the main trade restrictions within SAFTA. It also provides a set of recommendations based on this analysis.
Concepts of globalization and international business
Factors affecting globalization;
Reasons for international business expansion;
Drivers of market globalization;
Domestic vs international business;
Modes of International Business;
Entrepot.
Internationalization of Services (KIBS)Mikko Rindell
Internationalization of services.
Appropriate non-equity modes of internationalization for small KIBS firms.
Bachelor's thesis at Turku School of Economics.
Bangabandhu Biography portraits the life and works of Bangabandhu Sheikh Mujibur Rahman, who was a Bengali politician and the Father of the Nation of the People's Republic of Bangladesh. Available in the apple iTune store.
The present situation of foreign direct investment in Bangladesh comes next in the report. This part shows us foreign direct investment in Bangladesh is increasing gradually though still not up to the satisfactory level with some necessary statistics. The foreigners perceive Bangladesh as a country of natural disaster and political instability which is another reason for the low flow of invest able funds.
In cooperation with the Research and Evaluation Division of BRAC, Copenhagen Consensus Center organized roundtable discussions with an aim to figure out smarter solutions to the most problematic issues facing Bangladesh.
Determinants of Foreign Direct Investment in BangladeshJahid Khan Rahat
Foreign Direct Investment (FDI) is a crucial factor in the economic development of any country. Bangladesh has made significant progress in attracting FDI in recent years, but there is still room for improvement. This report aims to identify the determinants of FDI in Bangladesh and make recommendations for policymakers.
The report analyses the economic, political, and social factors that influence FDI in Bangladesh. The economic factors include market size, labour costs, infrastructure, and natural resources. The political factors include political stability, government policies, and regulations. The social factors include the quality of education, health care, and living standards.
The analysis shows that the most significant determinants of FDI in Bangladesh are political stability, government policies, and regulations. Investors are attracted to countries with stable political environments and favourable government policies that support investment. Bangladesh has made some progress in these areas, but there is still room for improvement.
Other factors that influence FDI in Bangladesh include market size, infrastructure, labour costs, and natural resources. Bangladesh has a large and growing market, but infrastructure remains a significant challenge. Labour costs are low in Bangladesh, which is attractive to investors, but there is a need for improvement in the quality of the workforce. Bangladesh also has natural resources, such as gas and coal, that are attractive to investors.
Based on the analysis, the report recommends that the government of Bangladesh focus on improving political stability and creating a more favourable investment climate. This includes reducing corruption, improving the legal system, and providing incentives for foreign investors. The government should also invest in infrastructure, education, and healthcare to improve the quality of life for its citizens and attract more investment.
In conclusion, Bangladesh has significant potential to attract FDI, but there are challenges that need to be addressed. Improving political stability, government policies, and regulations, as well as investing in infrastructure, education, and healthcare, are critical for attracting more FDI to Bangladesh.
Look at the potential Investment opportunity in Bangladesh. Invest your money and make profit. Contact: +8801716752370 www.cbecl.com. Please contact real investors, not fake ones.
Doing Business in India Simplified. Interesting information on Why India is attractive investment destination?, India's Industrial Policy, FDI in India, FII in India, Exchange Control Regulations in India, ADRs, GDRs, Laws governing business in India, Important regulatory authorities for Foreign Investment, Various Growth Sectors of Economy for Foreign Investments, Tax Regime of India, etc.
Doing Business in India Simplified. Interesting information on Why India is attractive investment destination?, India's Industrial Policy, FDI in India, FII in India, Exchange Control Regulations in India, ADRs, GDRs, Laws governing business in India, Important regulatory authorities for Foreign Investment, Various Growth Sectors of Economy for Foreign Investments, Tax Regime of India, etc.
NATION UNDER ANGUISH - ACRIMONIOUS ENVIRONMENT Neha Sharma
The recent announcements of election results are historic and has brought to light serious concerns of the nation, the economy, society and most importantly public at large about the current political as well as economic state of affairs. This is very clear from active involvement and a record turnout of voters for the election.
Classical trade policies demonstrate that free trade will benefit us, but infant industry theory and strategy trade policy theory tell us we must have some protection of our market and industries on the other side. In your opinion, do you agree with or against free trade? Why?
Please draw the three curves together that is total cost curve, management cost curve and shortage cost curve in one graph.
Suppose that total cost is equal to management cost + shortage cost.
Explain the general trend of each curve.
Economic Study of Television Advertising Market in BangladeshTawhid Rahman
Television has many different affects on the economy in both positive and negative ways. One of the biggest effects television has on the economy is advertisement. More and more people turn to television for advertisement. Advertisement has a huge impact and effect on viewers. After watching an advertisement on television people are heading to the store, looking on the internet, or trying to purchase the product. It only takes a few seconds to convince someone that the product, good or service they are advertising is worth buying and bam people purchase it. Television is unique because it allows people to see the product that is being advertised. Television advertisement affects everyone including children, teens, and adults because they spark the interest of a person instead of pointing out the products features.
A presentation on Creating Brand Image for Art & Artist. In this presentation yo can learn why brand knowledge is important for art, design and crafts professional, how an artist can create his/her personal brand image as well as his/her artworks etc. Basically this presentation was prepared for an interactive lecture, so that in few slides there is no description with image. But I think anyone can understand my idea about Brand. this presentation is very useful for young art students and professionals.
LIFE is good in CHINA- A Memory book of JUFE IMIB & MIB 2015Tawhid Rahman
This is a special book for Jiangxi University of Finance and Economics (JUFE) International Masters in International Business (IMIB) and Masters in International Business (MIB) students 2 years memory in China. It consists many photos and comments.
A Study on Brand Communication in Bangladesh Social Media.Tawhid Rahman
In today’s competitive business world, no business can survive without proper branding. Branding is therefore important to every business regardless of the size, because it helps distinguish a business from its competitors. As a key component of branding, brand communication determines whether a brand is successfully established and eventually turns a profit. Since brand communication is not free of cost, it is really hard for enterprises, especially Small and Medium Enterprises (SMEs) of Bangladesh to carry out a successful brand communication program through traditional marketing activities, which include television advertising, radio, bill-boards, newspaper etc. However, social media has evolved over the last few years to become the most affordable springboard for brand communication through engaging customers in innovative ways and making them true stakeholders in the value-creation process. Attracted by its potential to drive sales opportunities and to enhance customer engagement, companies of Bangladesh are also coming forward to embrace the full prospects of social media. This paper attempted to explore the present status, problems and prospects of brand communication through social media in the context of Bangladesh market.
This study is exploratory in nature. Duel analysis methods have been used in this research. The first one is qualitative analysis; secondary data are used from different sources to explore an overview of social media usage in Bangladesh. Furthermore, two different survey were conducted among consumers and marketers, with the aim of investigating customers’ motivation and marketers approach for using social media as a channel brand communication in Bangladesh. Finally, descriptive analysis has been done to interpret the data in order to answer all the research questions.
There is no universal communication strategy suitable for all companies, but the appropriate one may be build according to the company goals and means. Process of creating the communication strategy should focus on several targets which companies may identify by themselves or with the help of guides. One of those targets is identifying appropriate ways of engaging with the customers with the combination of Brand Awareness, Brand Engagement and Word-of-Mouth. Nowadays social media especially facebook is becoming a great tool for B2C brand communication. Recent booming of internet uses in Bangladesh enhancing this opportunity for all size of companies. They can enjoy the benefit of social media brand communication with a cost-effective way if they overcome the current challenges.
StarCompliance is a leading firm specializing in the recovery of stolen cryptocurrency. Our comprehensive services are designed to assist individuals and organizations in navigating the complex process of fraud reporting, investigation, and fund recovery. We combine cutting-edge technology with expert legal support to provide a robust solution for victims of crypto theft.
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Explore our comprehensive data analysis project presentation on predicting product ad campaign performance. Learn how data-driven insights can optimize your marketing strategies and enhance campaign effectiveness. Perfect for professionals and students looking to understand the power of data analysis in advertising. for more details visit: https://bostoninstituteofanalytics.org/data-science-and-artificial-intelligence/
Chatty Kathy - UNC Bootcamp Final Project Presentation - Final Version - 5.23...John Andrews
SlideShare Description for "Chatty Kathy - UNC Bootcamp Final Project Presentation"
Title: Chatty Kathy: Enhancing Physical Activity Among Older Adults
Description:
Discover how Chatty Kathy, an innovative project developed at the UNC Bootcamp, aims to tackle the challenge of low physical activity among older adults. Our AI-driven solution uses peer interaction to boost and sustain exercise levels, significantly improving health outcomes. This presentation covers our problem statement, the rationale behind Chatty Kathy, synthetic data and persona creation, model performance metrics, a visual demonstration of the project, and potential future developments. Join us for an insightful Q&A session to explore the potential of this groundbreaking project.
Project Team: Jay Requarth, Jana Avery, John Andrews, Dr. Dick Davis II, Nee Buntoum, Nam Yeongjin & Mat Nicholas
6. 1. Full Name : People's Republic of Bangladesh
2. President : Md. Abdul Hamid
3. Prime Minister : Sheikh Hasina
4. Chief Justice : SK Sinha
5. Finance Minister : AMA Muhith
6. Central Bank Governor : Fazle Kabir
7. Capital City : Dhaka
8. Local Currency : Taka () (BDT)
9. Exchange Rate (/ $) : 78.4/ 1
10. GDP/ capita (nominal) : $ 1,314 (2015)
11. Average GDP Growth : 6.5%
12. Time zone : GMT +6
13. Area : Total 147,570 km2
14. Population : 169 million (2015)
15. Language : Bengali + English
Short overview of BANGLADESH
7. Geographic Position
The geographical location of
Bangladesh is a preponderant fact
that influences the decision makers
in making foreign policy. Geopolitical
location of Bangladesh gives it both
strength and weakness from
different perspectives. As it is by
location landlocked by India it keeps
Bangladesh in a disadvantage but a
little land boundary with Myanmar
and its entrance in sea Bay of
Bangle give an advantage to its
external orientation.
8. • India's need of corridor through Bangladesh and enhancing global
importance of the south Asian region comes as a hope to
Bangladesh. Also courtiers like Nepal, Bhutan, China, USA and even
Japan and Australia are showing their interest over the geopolitical
location of Bangladesh. Nepal and Bhutan being land locked and not
having sea access very much interested to use Bangladesh sea
ports to foster their foreign trade.
• As China has competing relationship with India always seeks
opportunities to contain India geostratagically, where Bangladesh
becomes one of the perfect positions to her intention. Though USA
has its biggest naval base in Andaman Nicober islands its intend to
use Chittagong Sea ports to strengthen its strategic position in the
south Asia considering the importance of the region in World politics.
Japan and Australia also for their national interest maintain good
relations with Bangladesh.
Geo-Political Importance
10. Export Import of Bangladesh
Exports $ 30.77 billion (2014-15)
Export
goods
textiles, leather goods,
processed and frozen
food, jute, jute products
Main Export partners
United States 14.3%
Germany 13.6%
United Kingdom 7.9%
France 5.2%
Spain 4.3%
Italy 4.1%
Imports $ 40.69 billion (2014-15)
Import
goods
cotton, petroleum,
machinery and equipment,
palm oil, foodstuffs, iron
and steel, automobiles
Main Import partners
China 18.8%
India 14.8%
Singapore 5.8%
Malaysia 4.2%
Foreign Credit Rating BB- (stable)
11. Political System in Bangladesh
Electoral system and form of government:
• Bangladesh practices multi-party democracy influenced by the British
parliamentary system. Executive power is in the hands of the prime
minister, who is the head of the cabinet.
• The president is the constitutional head of state and is elected for a 5-
year term by the parliament.
• All adult citizens (18 years old and over) are eligible to vote, including
women and ethnic minorities.
• In Bangladesh, parliament is called Jatiya Sangsad. Parliamentary
elections take place every five years. It is a unicameral legislature
consisting of 350 members of which 300 Members from 300 territorial
constituencies on the basis of adult Franchise. The remaining 50 seats
are reserved for women who are elected by the parliamentarians.
13. Political Parties of Bangladesh
Major political parties:
• Bangladesh Awami League (BAL)
• Bangladesh Nationalist Party (BNP)
• Jatiya Party
• Bangladesh Jamaat-e-Islami (this party is appeared to be ban for its role
against Bangladesh’s Independence, in the period of liberation war in 1971)
Politics of alliance:
• The politics of Bangladesh is dominated by mainstream two large parties,
Bangladesh Awami League and Bangladesh Nationalist Party (BNP). However,
though the center-left Awami League and center-right BNP dominated
Bangladesh politics for a long time, currently both are heading coalitions of
like-minded parties with the AL leading the secular and liberal elements while
BNP is rallying the right-of-centre parties.
14. Policy & steps of current government
• The ruling Government’s “Vision 2021” aims to eliminate extreme poverty
completely and achieve Middle Income Country status by the start of the
next decade.
• Currently different infrastructural development works are going on to
ensure smooth connectivity all over the Bangladesh and with neighboring
countries.
• The government declared few Special Economic Zones to attract more
foreign investment. They allotted a large part of that special zone for
Chinese investment.
• All political parties are united in their views towards the foreign
investment. There is no barrier to invest in Bangladesh. So Bangladesh is
open and safe zone to invest for international companies. Now Bangladesh
is one of most preferable country to the foreign investors because of low
wage.
15. Legal System in Bangladesh
• Bangladesh has a mixed legal system of mostly
English common law and Islamic law. However, unlike
other common law jurisdictions, Bangladesh’s Supreme
Court has the power to not only interpret laws made by
the Parliament, but to also declare them null and void
and to enforce fundamental rights of the citizens.
• The Judiciary of Bangladesh acts through—
(1) The Superior Judiciary having Appellate, Revision &
Original Jurisdiction &
(2) Sub-Ordinate Judiciary having Original Jurisdiction
16. Courts of Bangladesh
The Supreme Court:
• The Supreme Court is the highest court of law in Bangladesh, other
Courts and Tribunals are subordinate to it. This is also the office of
the Chief Justice, Appellate Division Justices, and High Court
Division Justices of Bangladesh.
The High Court Division:
• The HCD shall have appellate jurisdiction from the lower Courts.
HCD can also exercise the power of original jurisdiction in certain
cases.
The Appellate Division:
• Appeal to the Appellate Division from the judgment, decrees, order
and sentences made by the High Court Division are to be filed
directly for certain reasons.
17. Courts of Bangladesh
The Subordinate Courts and Tribunals:
• There are a wide variety of subordinate courts and tribunals. The
subordinate courts in Bangladesh can be divided in two broad
classes, namely, civil courts and criminal courts. Certain tribunals
are termed as administrative tribunals, Nari-o-Shishu Nirjaton
Daman Tribunals, Special Tribunals, International crimes tribunal
etc.
18. Legal System for Business
Legal system for business development:
• Following the political turmoil in 2013, law and order is
restored, helping to facilitate business and economic
growth. The Rana Plaza tragedy forced the government
to introduce certain compliance requirements in the
garments sector by enacting the Labor (Amendment)
Act 2013. A new Companies Act is being finalized to
replace the Companies Act 1994. The draft proposes
certain treatments in line with the Organization for
Economic Co-operation and Development (OECD)
compliance framework.
19. Legal System for Business
Private sector investment is prohibited for certain sectors including:
1. Arms and ammunition 2. Defense equipment
3. Forest plantation 4. Extraction of reserved forests
5. Nuclear energy 6. Security printing
7. Minting.
There is no restriction on foreign investment except in sectors
controlled by administrative licensing processes. These include:
1. Banking 2. Finance 3. Insurance
4. Merchant banking and brokerage 5. Telecommunication
6. Aviation 7. Broadcasting
To acquire a stake in local companies, foreign investors require prior
approval from the Bangladesh Bank, if control of the business is
transferred from local to foreign shareholders.
20. Legal System for Business
Open for all:
• There is no general restriction on doing business with certain countries or
jurisdictions. However, the Chief Controller of Import and Export (CCIE)
amends the import and export policies, addendums and Statutory
Regulatory Orders (SROs) regularly, to prohibit or impose limits on import
and export of certain commodities from or to certain countries for certain
periods of time.
Investor rights protected:
• Foreign investor rights are protected under the Foreign Private Investment
(Promotion and Protection) Act 1980.The Bangladesh Bank has outlined
relevant procedures and formalities for all inward and outward remittance
in its Guidelines for Foreign Exchange Transactions (GFET). Any
transaction that has not been outlined in the GFET must obtain approval
from the Bangladesh Bank.
21. Legal System for Business
Incentives available for investors:
In Bangladesh different types of incentives for foreign investors are available. In
some cases local export oriented industries also get incentive opportunities. These
include-
• Duty free import of capital machinery and spares, bonded warehousing for
businesses exporting 80% or more of goods or services.
• 90% loans against letters of credit and funds for export promotion;
• Cash incentives and export subsidies are granted on the free on board value
(this includes inland freight, export duty and other expenses, but not ocean
freight, insurance and consular fees) in the form of drawbacks and rebates on
import and excise duties paid on direct inputs and so on;
• For 100% export oriented industries, no import duty is charged on raw
materials.
Incentives to foreign investors. These include:
• 100% foreign ownership and repatriation of invested capital, profit, and
dividends;
• Double taxation can be avoided;
• Private sector power generation companies are tax exempted for 15 years;
• New investors are granted six month multiple entry visas.
22. Legal System for Business
Customs duties:
Imports are taxed at the following rates (subject to
certain exemptions):
• Capital machinery : 3%.
• Basic raw materials : 7%.
• Intermediate raw materials and semi-finished products
: 12%.
• Finished products : 25%.
Exports are in general duty exempt.
23. Economy System (Base)
Comprised of three broad fragmented sectors
• Formal Sector - The formal sector includes all regulated institutions like
Banks, Non-Bank financial institutions (FIs), Insurance companies, Capital
Market Intermediaries like Brokerage houses, bourgeois Banks etc.; micro
Finance institutions (MFIs).
• Semi-Formal Sector - The Semi formal sector includes those institutions
which are regulated otherwise but don't fall into the jurisdiction of financial
organization, Insurance Authority, Securities and Exchange Commission or
any other enacted financial regulator. This sector is principally pictured by
specialised financial institutions like House Building Finance Corporation
(HBFC), Palli destiny Sahayak Foundation (PKSF), Samabay Bank,
Grameen Bank etc., Non Governmental Organizations (NGOs and
separate government programs.
• Informal Sector - The informal sector comprises of the institutions which
are free and fully unregulated.
The sectors are categorized with their regulations.
25. Free Market Economy in Bangladesh
• The economic system of Bangladesh after liberation
was neither capitalist nor socialist. Recently dramatic
changes were made in the economic system of the
country. Policies were made to liberalize the economy
where 100% foreign direct investment and same
treatment for both local and foreign investors were
granted.
26. Bangladesh is classified as
• Emerging market: According to IMF Bangladesh is in the 2nd
Position.
• Next Eleven: having a high potential of becoming, along with the BRICs,
among the world's largest economies in the 21st century.
• EAGLE (Emerging and growth-leading economies) Member: The
EAGLE economies are expected to lead global growth in the next 10
years, and to provide important opportunities for investors.
• 3G countries or Global Growth Generating countries: 11 countries
which have been identified as sources of growth potential and of profitable
investment opportunities.
• SAARC founding member.
• Has the second most pro-capitalist population in the developing world.
• Increasingly led by export-oriented industrialization.
• Has the potential to emerge as a regional economic and logistics hub.
27. Doing business 2015
• Doing Business 2015 covers regulations measured from June 2013
through June 2014 in 189 economies. The report marks the 12th edition of
the Doing Business series.
• For the first time this year, Doing Business collected data for 2 cities in 11
economies with more than 100 million inhabitants.
• The economies are: Bangladesh, Brazil, China, India, Indonesia, Japan,
Mexico, Nigeria, Pakistan, the Russian Federation and the United States.
• The added city enables a sub national comparison and benchmarking
against other large cities.
• Differences between cities are more common in indicators measuring the
steps, time and cost to complete a standardized transaction where local
agencies play a larger role, finds the report.
28. GDP & GDP Growth Rate
It shows that after the financial crisis in 2009-2010 the GDP growth rate steadily
increased per year and estimation is that if the political stability and economical build
up prevails the strong domestic demand base, gradually improving investment
climate, moderate single digit inflation and export-oriented economy are expected to
raise and gross GDP growth to 6.3 percent in FY 2015-2016.
Source: World Bank & Bangladesh Bank
31. Agriculture, Industry and Services
contribution to GDP
Declining trend in contribution of Agricultural sector to GDP though
Agriculture could be one of the most potential earning sectors as Bangladesh
is known as an agriculture based country. Income inequality is rising as major
work force is working in agricultural sector (48%, 2010).
Industrial and Service sector is increasing at a very low rate. Rise of service
sector can attribute to income generated from RMG export, workers’
remittances and crop production.
Source: World Bank
32. Overall Trade Scenario
Source: World bank
Chronic Deficit in Trade Balance – More imports of Bangladesh is one of the most
significant factors responsible for unfavorable trade balance.
But economists now look at this positively despite the growing trade deficit.
Because Import of capital machinery and raw materials are on the rise.
“More import means there are more investments in the country”. This will have a
positive impact in industrialization and on the economy as a whole.
In recent the imports influence the domestic production very little because of importing
more capital goods than consumer goods.
33. Focus on RMG- The Biggest Trading Sector
• The readymade garment sector is the golden goose for Bangladesh. The country
has emerged as the 2nd largest exporter of readymade garment products
trailing just behind China.
• It is the biggest earner of foreign currency.
• Bangladesh's exports industry alone comprised USD 31.2 billion in FY 2014-15,
81.69% of which was made up by ready-made garments.
• The RMG sector has experienced an exponential growth since the 1980s. The
sector contributing significantly to the GDP.
• It also provides employment to around 4.2 million Bangladeshis, mainly women
from low income families.
37. Remittance Scenario Cont’d
• Generally, Bangladesh is considered a trade deficit country but statistics
show current account balance during FY 2005-06 to 2010-11 remained
positive due to high remittance inflow, which in turn indicates that
remittances play a significant role in Bangladesh economy.
• Our way of earning foreign currency is limited. In state, in recent times, it is
recorded that our reserve is at maximum level where remittance is one of the
largest contributing sectors.
• Bangladesh is the 8th
largest remittance earning country.
• Along with the readymade garment (RMG) sector and non-farm activities
in the agricultural sector, remittances have been identified as one of the
three key factors that have been responsible for reducing the overall
incidence of poverty in Bangladesh
• Remittance is the second largest sector of foreign exchange
earnings after garments sector.
39. Closing of FY 2014-15 (Gain and Loss)
Gain - Bangladesh’s FY2015 has
closed with a number of
macroeconomic advantages
including
Loss - Some of the fault lines of
the elapsing fiscal year included
Lower Inflation Unachieved revenue targets
Declining Interest Rate Low flow of foreign assistance
Stable Exchange Rate Sluggish exports to the US market
Manageable fiscal deficit, positive
balance of payment and augmented
foreign exchange reserves.
Failure to ensure incentive price to
the rice farmers
The low level of global commodity
prices including that of oil has also
provided some respite in terms of
resources needed to meet subsidy
demands.
Acceleration in private investment
remained an illusive target. Efforts to
bridge the infrastructure gap did not
experience much discernible
success.
40. Bangladesh in Regional and Bilateral Trade
1. Asia Pacific Trade Agreement (APTA)
2. BIMSTEC Trade Negotiating Committee (TNC) meeting
3. SAARC Preferential Trading Arrangement (SAPTA)
4. The Agreement on South Asian Free Trade Area (SAFTA)
5. SAARC Framework Agreement on Trade in Services (SAFAS)
6. Bilateral FTA with India, Pakistan and Sri Lanka
7. Standing Committee for Economic and Trade Cooperation (COMCEC)
8. Standing Committee for Economic and Trade Cooperation (COMCEC)
9. Trade Preferential System Among the OIC Members (TPS-OIC)
10. Preferential Trade Agreement (PTA) among D-8 Countries (D-8)
11. Bangladesh Foreign Trade Institute (BFTI)
12. International Trade Centre (ITC)
13. International Trade Centre (ITC)
14. United Nations Conference on Trade and Development (UNCTAD)
15. United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP)
16. Canadian International Development Agency (CIDA)
17. European Commission (EC)
41. The future is OursThe future is Ours
In 2030, BANGLADESH will become
30th
largest economy of the world.
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